Top 5 Companies in India by Net Profit from Packaging – Sacks and Bags Sector (Feb 2024 update)

The India Packaging Market is projected to grow at a compound annual growth rate (CAGR) of 26.7% from 2020 to 2025, reaching a value of $ 204.81 billion.
Laminates and flexible packaging, particularly PET and woven sacks, are the packaging segments with the fastest rate of growth.

The flattened cans, printed sheets and components, lug caps, crown cork, plastic film laminates, craft paper, paper board, and packaging machinery are just a few of the products that the Indian packaging industry has made a name for itself with. Tinplate, coating and lining compounds, and other products are among the imports.

The Indian economy’s fifth-largest sector at the moment is packaging. India is the biggest exporter of the sub-segments of Flexible Intermediate Bulk Container (FIBC) and Biaxially-oriented Polyethylene Terephthalate (BOPET), and it is a net exporter of packaging products.

List of Top 5 Packaging – Sacks and Bags in India (BSE) based on Net Profit.

Company Name Net Profit (Rs. cr)
RDB Rasayans 24.37
Kanpur Plast 4.14
Jumbo Bag 1.47
Rishi Techtex 1.11
Stanpacks India -1.66
Source: BSE, India, last updated 22 February, 2024

This news is a creative derivative product from articles published in famous peer-reviewed journals and Govt reports:

1. Farrukh, A., & Sajjad, A. (2024). An exploratory study of barriers to sustainable development: evidence from the New Zealand flexible packaging industry. Corporate Governance: The International Journal of Business in Society.
2. Bose, S. K., & Chatterjee, J. (2008). Challenges faced by the Indian tinplate packaging industry: an analysis. Management: Journal of Contemporary Management Issues13(1), 73-89.
3. Sharma, R. (2013). Introduction to innovative packaging in India. Global Journal of Enterprise Information System5(2), 66-71.

Disclaimer: This news is for information and research purposes only. It is not intended for financial advice.
Declaration of competing interest: Publisher and owner of this web-portal hereby declare that there is no competing interest.

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