Major FLEXIBLE PACKAGING players in India. Flexible packaging is the most adaptable type of packaging, and it has been steadily expanding at a pace of about 15% YOY. There are many players present, including some significant ones.
U Flex being one of the biggest, has the ability to package and print most of the types of material. Including sibling company Montage, current output is 10,000 MT per month for Flex. Regarding the divisions of films, ink, adhesive, and machinery, the company has backward integration.
Hutamaki is another significant business situated in the West, offering various types of printing and pouching solutions. They just bought Positive packaging, and their current monthly output is 5500 MT.
Shrinath Roto, which is situated in Hyderabad and produces about 5000 MT per month, is another participant in South. Constatia Flexibles and Amcor are two significant examples of how some large international conglomerates have acquired businesses while examining market possibilities in India. These businesses all have cutting-edge printing equipment, including Rotomac, Totani and Palican with solvent-based and solvent-less laminating, stitching, and pouching setup.
Jupiter, ITC, GLS, and Pharpur 3P are additional players in the north.
In west Oswal Extrusion, Vaibhav Plasto some other names with significant share. West and South of India have numerous hubs with flexible packaging businesses like Muskan, Venkatesh, and others firmly in place. Market size is around 45000 MT per month, with good market growth.