ANALYSIS OF THE VARIOUS FACTORS SHAPING THE PRESENT AND FUTURE OF THE PACKAGE PRINTING INDUSTRY IN INDIA: CHALLENGES, OPPORTUNITIES, AND STRATEGIES FOR SUCCESS IN THE MARKETPLACE
Mohit Kumar1, Prof. (Dr.) Anjan Kumar Baal2, Prof. (Dr.) Rajendra Kumar Anayath3
- Assistant Professor, Department of Printing Technology, GJUS&T, Hisar
- Professor, Department of Printing Technology, GJUS&T, Hisar
- Vice- Chancellor, DCRUST, Murthal
The package printing industry plays a vital role in the modern global economy by providing essential packaging solutions for various products. In the context of India, a rapidly growing economy with a thriving consumer market, understanding the factors influencing the package printing industry becomes crucial. Packaging printing is one of the major segments, which is showing a positive growth in the preset time. With the introduction of alternate packaging substrates, high technology press equipment, and superior packaging conversion techniques, it is very much possible to produce high quality packaging printing solutions for sustainable applications. This paper is aimed to analyse and identify the key factors that have a significant impact on the package printing industry in India along with the various challenges, opportunities, and strategies to be followed and adopted for their success in the marketplace.
Keywords: Package printing, economic factors, consumer preferences, regulatory landscape, technological advancements.