India Sees Increased Demand for Paper Packaging

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Researched by Industrial Info Resources (Sugar Land, Texas)--Revenues for India's paper packaging micro, small and medium enterprises (MSMEs) have recovered to pre-COVID levels. During COVID, recycled fiber (raw material) was not available due to considerable imports of recycled pulp by China and increased raw material prices that impacted the domestic industry. However, the paper packaging industry now is stable due to increased demand on revived consumer spending.

Revenue for India's paper packaging industry jumped this fiscal year to 15% after a decline of 8% in previous fiscal, according to the rating agency Crisil. With improved revenue, capital expenditures also are expected to increase.

Industrial info is tracking 139 capital and maintenance projects worth US$831 million in India's Pulp & Paper Industry. Subscribers to Industrial Info's Global Market Intelligence (GMI) Pulp & Paper Project Database can click here for a list of detailed project reports.

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