Well-made corrugated boxes from corrugated box manufacturers in India guarantee secure packaging. To create air columns, the boxes are constructed with diagonally arranged lines made of paper between their twin layers. These air columns not only add thickness but also strengthen the boxes. As an added advantage, the air columns provide cushioning for the boxes.
Unbreakable products typically don't require specialised packaging, but fragile and valuable items require special packaging from corrugated box manufacturers in India. Low-quality boxes are more likely to break, making the product vulnerable to damage. Protective boxes are essential to safely store and ship fragile items. For easily damageable items, corrugated boxes are ideal.
Future Prospects for Corrugated Box Manufacturers in India
The packaging industry and the growth of corrugated box manufacturers in India form part of a rapidly expanding industry. The packaging industry in India is expected to grow at a CAGR of approximately 26.7 percent (2021-2026).
At the height of the COVID-19 pandemic, most developed countries burned waste paper or disposed of it in landfills to prevent the spread of the disease. As a result, raw materials for Indian paper mills are in short supply. Indian corrugated box manufacturers must meet current demands to ensure that transportation packaging is available for essential products such as food and other consumer goods, medical and pharmaceutical products, tissues, and hygiene products.
Packaging demand is also increasing because of the rising population, soaring income levels, changing lifestyles, increased consumerism because of media marketing, and a growing economy.
According to Care Ratings, a well-known credit rating agency in India, more than 49 percent of the paper produced in India is used for packaging. The pharmaceutical and food and beverage industries are the catalysts for the market's explosive growth. According to the Associated Chambers of Commerce and Industry of India, the organised packaged food market will grow from INR 530 million in 2016 to INR 780 million in 2020.
The expanding middle class, burgeoning organised retail market, expansion of export portfolios, and the rise of India's e-commerce sector are all contributing to growth. According to the Indian Institute of Packaging (IIP), packaging consumption in India has more than doubled in the last decade, rising from 4.3 kg per person per year (pppa) to 8.6 kg pppa.
The government regularly consults industry experts to maximise the potential of corrugated box manufacturers in India. For example, the PIAI (Packaging Industry Association of India) develops policies and guidelines to boost India's export potential in the international market.
The e-commerce packaging sector's demand for folding cartons and corrugated boxes made by manufacturers in India is also a key factor in the growth of this market. In addition, the market is segmented into product and end-user verticals. Its end-user segment includes food, beverages, healthcare, personal and household care, hardware and electrical products, etc.
Challenges for Corrugated Box Manufacturers in India
The price of the market's primary raw material, kraft paper, has recently skyrocketed, rising by Rs 5,000 per ton. Demand for finished paper from India and other parts of the world has begun to rise because of China's severe electricity shortage due to the overall breakdown of the worldwide coal supply chain.
Although Indian markets have become more optimistic, demand for imported waste paper has reached an all-time high because of continued self-consumption. Global container freight rates have nearly quadrupled, fuelling the raging price increase of imported waste paper. Although these markets currently have sufficient raw materials, crucial concerns need to be addressed before the situation worsens.
In India, public awareness of the harmful aftereffects of single-use plastic products has grown over the years. Most single-use plastics are consumed in the unorganised retail, hotel/hospitality, and agriculture/horticulture sectors. End-users/farmers cannot claim GST credits for eco-friendly corrugated packaging in India because the government doesn't offer any taxation incentives for single-use packaging. However, some incentives are available for corrugated ones. Corrugated box manufacturers in India have to capitalise on such incentives to benefit their industry and the planet.
Top Corrugated Box Manufacturers in India
1. TGI Packaging Pvt. Ltd.
TGI Packaging Pvt. Ltd. is India's top corrugated box manufacturer and exporter. It was established 33 years ago as a producer of lightweight corrugated boxes. Demand for its design skills and packaging technical knowledge rose quickly in industries with heavy-duty applications. Today, the firm uses completely automated, state-of-the-art equipment to produce high-quality items and provide outstanding value to its customers through environment-friendly processes.
The firm now manufactures over 33,000 tons of corrugated boxes per year and intends to further increase its capacity. TGI regards each day as a fresh opportunity to demonstrate its caliber and is constantly upgrading its standards to achieve high client satisfaction.
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2. Multi Pack India
From its humble beginnings to its ascension to the pinnacle of success, Multi Pack deserves to be included on this list. The company was founded in 1986 and has constantly demonstrated its ability and dedication. Customers can request customised packaging solutions from the company.
Multi Pack is an excellent source for high-quality corrugated boxes. You can place bulk orders, and the team will deliver them on time. The staff is welcoming and always takes the time to answer any questions you may have.
3. Hariwansh Packaging Pvt. Ltd.
Vijay Murarka founded the company in 1925 to provide packaging services. The company produces a wide range of packaging products but is best known for its high-quality corrugated boxes. The team can handle large orders without compromising on quality. Customers can also get design and customisation services from the company. The company’s products are considered exceptional.
4. Trident Paper Box Industries
In 1983, this company entered the packaging market. With each passing year, it has grown under Hardik Desai's leadership.
Custom corrugated sheets, boxes, and cartons are among the company's most well-known products. Its packaging products are available as bulk orders and delivered on time. Trident Paper Box Industries' products are of the highest quality.
5. Packman Packaging
Based in India, Packman Packaging manufactures corrugated boxes, corrugated rolls, bubble rolls, bubble pouches, courier bags, POD jackets, duct tapes, and e-commerce shipping bags.
Packman's elite customers include Samsung, Amazon, Flipkart, Ferns N Petals, BOSCH, Snapdeal, Borges India, OCAP Industries, Kundan Cables, Kalinga Cables, Grandlay Cables, Paramount Cables, Cona, Goldmedal, and others. The company has over30 years of experience serving over 300 satisfied clients in India, South Asia, and the Middle East.
Demand for secure packaging from corrugated box manufacturers in India has increased with the rise of e-commerce. Corrugated boxes have always been necessary for packaging. If you need to send packages containing fragile items such as glass or other easily damaged items, corrugated box manufacturers in India offer various reliable packaging options.
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Q. Which is the largest company among corrugated box manufacturers in India?
Ans. TGI Packaging Pvt. Ltd. is India's largest corrugated box manufacturer and exporter.
Q. How many corrugated box manufacturers are there in India?
Ans. With over 2000 members, the Federation of Corrugated Box Manufacturers of India (FCBM) governs India's corrugated packaging industry. This is the approximate number of corrugated box manufacturers in India.
Q. What is the GST slab on corrugated boxes?
Ans. Corrugated boxes fall under the 12% bracket.
Q. How large is the corrugated box industry in India?
Ans. The industry produces 7.5 million tons of corrugated boxes and has a market value of Rs 30,000 crore, according to the ICCMA.
Q. Who supplies corrugated boxes to Amazon?
Ans. Packman, based in Delhi, works with clients such as Amazon, Flipkart, and Bosch to reduce their use of plastic packaging.
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