industry in India has been registering a constant
growth rate of 15%. The Corrugated packaging industry
is however finding itself at the crossroads. Increasing
prices of kraft paper, non availability of international
standard papers at affordable prices, resistance of
corrugated box user industry to offer sustainable
prices, increasing competition, non viability of automatic
plants are proving to be hurdles in the growth path.
these adverse circumstances, the industry is all set
to take on the challenges and look at the future opportunities.
As global companies set up their manufacturing bases
in India to meet the growing demand for consumer and
white goods – the need for high quality boxes
is appearing evident. Progressive Corrugators are
setting up automatic board/box making plants to increase
production and enhance performance of boxes. In house
printing on corrugated is becoming imperative.
this portends well for the industry. Insurgence of
corrugated packaging machines from neighboring China
and Taiwan will prove to be a threat as well as a
great opportunity considering the inherent capabilities
and experience of Indian Corrugated Machinery Manufacturers.
Strategic alliances with overseas machinery manufacturers
are already happening and will soon become a norm.
these trends, India Corrugated Show will provide a
platform for technologies that will trigger the future
growth of the corrugated box industry.