Dase-Sing_Jun2025.gif
  Sunday, June 1, 2025
 
 
   
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   
   

You can get e-magazine links on WhatsApp. Click here

TOP NEWS

International Corrugated Case Association board of directors gets first Indian chairman, M L Agarwal
Friday, 30 May, 2025, 08 : 00 AM [IST]
Our Bureau, Bengaluru
International Corrugated Case Association (ICCA) board of directors for the first time in 64 years since its existence, has elected as the chairman, M L Agarwal, Hyderabad-based Central India Packaging, who assumed the global role at recently concluded ICCA Global Summit in Osaka, Japan.

Agarwal said, “Historically, its leadership has come from North America, Europe, Japan, Taiwan, Australia, and Canada, a USA-based global body founded in 1961, represents the worldwide corrugated packaging industry and promotes sustainable, recyclable packaging solutions.”

Ankit Agarwal, managing director, Central India Packaging, who has also been appointed as the India director on the ICCA Board, said, “Conducive policies in the south, especially Hyderabad, have resulted in the flourishing of the corrugated packaging sector. We are expecting a growth rate of 9.5 to 10 per cent going forward. The Indian market is currently valued at US$ 7.8 billion and is expected to reach US$ 18.6 billion by 2033.”

In contrast, the global corrugated box packaging market, valued at US$ 170.96 billion in 2024, is projected to reach US$ 179.5 billion in 2025, is growing at a CAGR of 5.1 per cent through 2030, he pointed out.

“Corrugated packaging is the future, as it is an eco-friendly solution with discarded cardboard packaging like shipping boxes and containers being recycled into paper, making it a sustainable packaging option for a wide range of industries,” said Ankit.

One of the biggest advantages of heading the ICCA is the chance to host the biennial Global Summit of the Corrugated Box Industry here in India. “Hyderabad has been chosen to host the summit in January 2027. This will place Telangana and India firmly on the global industrial map, particularly in the eco-friendly packaging sector,” added Ankit, who is also vice president of the Federation of Corrugated Box Manufacturers of India (FCBM).

Agarwal, who has been in the packaging business for 45 years now, said, “There has been a steady growth in the last 10 years with many international players entering the market. We have the numbers; our Indian members alone are over 3,000. So, I expect the real numbers to be in the range of 5,000 to 6,000.”

“Solid ecosystems for food & beverage, electronics, pharmaceuticals, engineering and automobiles, as well as the tremendous growth of the e-commerce sector post Covid pandemic, have spurred the growth of the packaging industries too,” added Ankit.

In the food industry, corrugated boxes are widely used in the food industry for packaging and shipping, offering protection, hygiene, and sustainable solutions. They are particularly well-suited for food products due to their strength, ability to protect against damage, and suitability for various food types, including fresh produce and baked goods.

“Plans are underway for a seminar in January 2027, although traditionally ICCA summits are held in May, keeping in mind the Indian summer. This will be a golden opportunity to showcase India and its capabilities. We are expecting around 250 global delegates to participate," concluded Ankit.
 
Print Article Back
Post Your commentsPost Your Comment
* Name :
* Email :
  Website :
Comments :
   
   
Captcha :
 

 
 
 
 
 
 
 
 
Food and Beverage News ePaper
 
 
Interview
“The blend of tradition & innovation led to our massive growth”
Past News...
 
FORTHCOMING EVENTS
 

FNB NEWS SPECIALS
 
Overview
Packaged wheat flour market growth 19% CAGR; may reach Rs 7500 cr: Ikon
Past News...
 
 
Advertise Here
 
Advertise Here
 
Advertise Here
 
Recipe for Success
Authenticity & simplicity - Cornerstones of her thinking
Past News...



Home | About Us | Contact Us | Feedback | Disclaimer
Copyright © Food And Beverage News. All rights reserved.
Designed & Maintained by Saffron Media Pvt Ltd