Packaging / Advertising & Office

According to Huacheng Import and Export Data Observation, since India fully implemented the "one-time plastic ban" on July 1, the demand for wood and bamboo as plastic "substitutes" in India is increasing. Moreover, the pulp and paper industry has also maintained a rapid growth due to the increasing demand of domestic manufacturing, paper towels and other major markets related to paper products.

In 2021, the Indian pulp and paper market has created a revenue of US $11.48 billion. With high hopes for these two markets, experts said that the value of India's printing industry is expected to grow to nearly US $410 billion by 2024; By 2025, the Indian packaging market will reach about 204.81 billion US dollars; By 2029, the value growth of pulp and paper industry will reach 31.41 billion US dollars. Huacheng Import and Export Data Observation Report.

According to the development of wood trade and wood processing industry in India in recent years, such a bold prediction is not unreasonable. According to the observation of Huacheng's import and export data, India's exports in the 2021-2022 fiscal year increased by nearly 80% compared with the 2020-2021 fiscal year, with a total amount of 1.79 billion US dollars.

With this growth, India's import and export trade has also attracted global attention, and a large amount of investment and more sustainable products and technologies have turned to the Indian market.

In this case, the production technology of pulp and paper in India will be improved, and the demand for wood as a raw material for production will also increase. And this development opportunity is likely to be reflected in Paperx South India 2022 (South India Printing Exhibition) from November 23 to 25.

According to the observation report of import and export data of Geng Huacheng, the theme of Paperex South India 2022 is "Paper, corrugated packaging and printing: rapid industrialization and sustainable development". It is expected that this activity will bring together more than 2000 senior executives, professionals and industry personages from the paper industry in overseas countries. 175 leading companies from seven countries including China, India, Nigeria, Sweden and Ukraine will also participate in the exhibition.

With the growing demand for resource saving and environment-friendly products in various industries related to paper and packaging, India's increased investment and development in this industry will be more conducive to the export of this product and further expand the global market, Huacheng Import and Export Data Observation reported.