Smart Packaging for Modern Businesses

The corrugated box manufacturing sector in India is growing at fast speed due to changing consumer preference, rising industrial demand and the shift towards eco-friendly packaging. The corrugated packaging is now fast replacing plastic based solutions as most businesses across sectors are embracing eco-friendly alternatives. In addition to the growth of e-commerce, organized retail and logistics, there is an increasing need for high quality, durable and economical packaging solutions. Corrugated boxes are also consumed in large quantities by the food and beverage industry, pharmaceuticals and electronics among others. Since online shopping is becoming a widely practiced phenomenon, emphasis on protective and customized packaging to protect products, as well as improve the customer experience continues to increase. The government initiatives promoting the sustainable practices have made the transition faster towards the paper based and biodegradable packaging, which is helping the market to grow.

Innovation, technology, and sustainability focused solutions are changing the face of the packaging space with startups. Lightweight, durable and customized corrugated packaging is being developed by many of the emerging players, to meet the diverse industry needs. Manufacturing is becoming more efficient and cheaper by virtue of automation and digitization. Artificial intelligence, data analytics and smart logistics are also being used by technology driven startups to improve the supply chain by reducing waste and improving delivery timelines. More and more companies have been shifting their attention to recycled and biodegradable materials to suit the growing demand for environmentally friendly packaging. Furthermore, startups are enabling small businesses and direct to consumer brands to get access to premium packaging without the restrictions of large scale order. Playing an important role in the sector’s transformation is their ability to provide tailored, scalable, and innovative packaging solutions. As the industry progresses, more and more of the corrugated box manufacturing in India will be driven by startups to ensure efficiency, creativity and sustainability.

In this special issue, we introduce you to the top startups from this segment. Industry Outlook has identified the select few companies that have done particularly well with a high level of dedication. We have found that they have gone the extra mile in proving their commitment to excellence in an integrated manner. 

We welcome your feedback and suggestion that you may have concerning this special issue.