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Article Indian Polymer Packaging Industry – Nishant Jain, Dr. Sidhharth Sirohi*, Dr. Balaram Pani The major focus of polymer packaging is in FMcG (Fast Moving consumer Goods), healthcare, food & beverages, cosmetics and toiletries. The growth in plastic packaging in India is mainly driven by food and pharmaceutical packaging. Investors are finding increased potential in India due to increased globalisation and urbanisation. According to Indian Brand Equity Foundation (IBEF) the Indian food industry which is currently valued at US $ 39.71 billion is expected to grow at a compounded Annual Growth Rate (cAGR) of 11 per cent to US$65.4 billion by 2018. Food and grocery account for around 31 per cent of India’s consumption basket. Looking at staggering statistics of Indian food industry, the packaging sector is bound to grow. According to Indian Institute of Packaging, the size of India's food packaging market will increase from present $ 12 billion to $ 18 billion by 2020. olymers are amongst the most versatile kind of packaging is that it comes in various shapes material known to mankind. Due to its low and sizes involving retort pouches, flat pouches, Pspecific gravity and high bonding strength, wraps, gusseted bags, sachets etc. Starting from polymers are majorly exploited in the field of packaging of F&B products, fruits and vegetables, building & construction, electrical/electronics, medicinal products, home and personal care adhesives, coating, furniture and furnishings. products to highly dangerous and heavy industrial Polymers in packaging application have outpaced products, the Packaging industry has led to greater the growth in other sectors because of its superior specialisation over a period of time. The Indian properties than its other counterparts such as glass, flexible packaging market is expected to grow to metal, paper or paperboard as shown in Figure 1. $32 billion by 2020. Packaging is one of the fastest growing industries and stands at $ 700 billion globally and according Others Glass to FICCI and TSMG statistics, the Indian Packaging 5% 7% Metal Industry will reach $72 billion by 2020. 15% Board The packaging industry is divided into two 31% segments: rigid and flexible packaging as shown in Flexible Table 1. The packaging industry is shifting its gears Packaging 20% towards flexible packaging due to its light weight, Rigid attractive look, reduced space requirement, Packaging easy stacking and low transportation cost. The 22% packaged product should be consumer friendly and easily adaptable. The industry is focusing on Fig 1. Global segment breakup of packaging innovative ideas in the field of flexible packaging materials (%) in order to make the product attractive, saleable Source:-FICCI, Plastic Packaging: A sustainable & easy to handle. The major advantage of such Choice 2016 June-November, 2017 39