Welcome to the inaugural issue of our bimonthly Packaging South Asia

March 27, 2007 | By S Chidambar

Not many people give the packaging industry due credit. It is actually the world’s third largest industry after the food and energy-petrochemicals industries, with both of which it has extensive involvement. In most countries, it figures in the 5 largest industries and, quite often, it grows at a rate (5% to 8% per annum world-wide –3% to 5% in the developed world and 15% per annum or more in the developing nations) that is between 2 and 3 times the GDP growth rate. It is a complex, specialised and dynamic business that is highly application oriented and it is the only industry that encompasses every single product made. It truly touches every one of us.
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