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____________________________________________________MARKET OVERVIEW |
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Indian packaging output grew by around 18% in 2003 after an 11% advance in 2002, with production growing at an annual rate of 14% since 1999. |
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Consumption also rising by14%. On average to reach Rs. 290.9 billion in 2003. All sectors of industry posted strong growth over the period 1999-2003. |
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Paper & board packaging predominates accounting for 37% of industry turn over. |
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Plastics average 16%, Since 1999. |
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Rigid Plastic Consumption 2003 Rs. 55575 (Rs. Million) |
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Flexible Packaging Consumption 2003 Rs. 23243 (Rs.Million) |
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Metal Packaging Rs. 54.2 billion in 2003 |
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Glass Rs. 8.2 billion. |
