UFlex Company Overview
1
UFlex's Business is Non Cyclical, Catering to High Growth
and Resilient End Markets
India: Flexible Packaging Market By End-use (1)
Global: Flexible Packaging Market By End-use (1)
(Revenue ($bn)
2016-2021
2022-2027
(Revenue in $bn)
2016-2021 2022-2027
CAGR
CAGR
CAGR
CAGR
4.8%
4.4%
10.1%
10.0%
4.4%
4.0%
11.0%
10.9%
5.8%
5.4%
29.3
8.5%
8.9%
7.1%
6.6%
237.0
9.1%
9.6%
26.6
5.8%
5.2%
215.9
226.5
205.2
27.0
24.0
5.9
11.8%
11.2%
194.4
25.7
21.7
5.3
176.6
180.6
24.4
15.6
23.0
14.7
2.2
21.6
13.7
18.2
19.3
4.7
12.8
17.2
2.0
17.2
4.3
2.6
19.4
19.9
11.9
16.3
15.4
1.8
16.0
2.4
10.4
10.8
14.5
51.4
3.7
1.7
2.2
13.0
13.4
49.4
47.4
5.5
45.3
3.3
3.0
1.5
43.2
2.0
5.0
39.7
40.4
[1.4
1.8
4.5
1.7
4.0
1.6
3.6
3.2
2.9
7.2
7.8
8.7
9.7
10.8
11.9
13.1
94.1
96.1
103.2
108.7
114.1
119.5
124.8
2019
2020
2021E
2022P
2023P
2024P
2025P
2019
2020
2021E
2022P
2023P
2024P
2025P
■ Food
■Cosmetics and Personal Care
■Beverages
Healthcare
Food
Beverage
Cosmetics and Personal Care
Healthcare Other End User Vertical
India's per Capita Packaging Consumption is Highly Under-Penetrated;
Flexible Packaging Continues to be Preferred Option (1)
Per Capita Consumption (in kgs)
US
110-115
Europe
65-70
China
45-50
German 40-45
Brazil
30-35
India
14-16
Indian packaging industry is the 5th largest
sector in the country and is becoming a
preferred hub for global counterparts
Indian packaging market was ~$80 bn in 2021,
up 10% from $72.6 billion in 2020. The market
has grown at ~9.8% CAGR from 2016 to 2021
and is expected to grow at a similar rate to
reach $148 bn by 2027
The steady growth has continued even in the
face of the Covid-19 challenge, on the back of
consistent pharma and food products demand
I
I
UFlex Exposure into Resilient End Markets (2)
8%
92%
■ FMCG
■ Pharma
1. Source: CRISIL Research, Indian Institute of Packaging.
2.
UFlex supply to convertors/ intermediators and they may use it in the mentioned sectors. The sector-wise composition of revenue is for FY21 and it changes every year.
15
UFLEX
'A part of your daily life'View entire presentation