Sustainability at UFlex

Industry Structure & Developments Flexible Packaging Industry UFLEX 'A part of your daily life' Indian Flexible Packaging Industry is growing at 15-17% annually. The increasing demand for flexible packaging products gives strategic advantage to organized players in the domain. The industry provides an ideal opportunity for investment. Rigid Packaging • Old and traditional form of packaging • Others, 9% Lables, 3% Caps & closures, 6% Flexible packaging, 33% cans, Metal cans, 8% Constitutes glass bottles, metal cans, aerosol cans, battery cell aluminum collapsible tubes, corrugated boxes etc. Glass bottles, 8% Printed cartons, 14% Rigid packaging, 19% Flexible Packaging Contains multi-layered laminated sheets of single or a combination of substrates such as plastic, paper and aluminum foils in rolls or preformed sachet. Provide strength, moisture resistance, aroma retention, gloss, grease resistance, heat retention, printability, low odor and better brand positioning Sources: Journal of Indian Institute of Packaging, IMACS Research Industry Structure set to change • With urbanization and rising income levels, consumption patterns are changing substantially The increased interaction of India with the developed world is considerably influencing the aesthetic and quality norms of the Indian consumer, leading to better consumption standards Greater consumption of branded products is giving unique identity to packaging both in terms of product quality and presentation • • Increase in the demand for quality and convenience-based products is expected to encourage the flexible packaging business Setting up of organized retail supply chain in India would create demand for packed goods. Source: https://www.nichrome.com/packaging-insights/volume-1/flexible-packaging-in-modern-india.php https://www.ibef.org/download/Flexible_Packaging060112.pdf 21 24

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