Pakka Limited, formerly known as Yash Pakka Limited, a manufacturer specialising in compostable packaging solutions, has introduced India's first-ever compostable flexible packaging.
This significant development is made possible through a collaboration with Brawny Bear, a nutrition company renowned for its date-based healthy food products.
The introduction of this compostable flexible packaging marks a notable milestone in India's packaging industry, which boasts a market value of more than $70bn.
An innovative leap in packaging
Flexible packaging plays a dominant role in India's packaging sector, comprising more than 60% of the market share.
It is a common sight in everyday life, encompassing a wide range of products from shampoo sachets to biscuit packets. The convenience, versatility and cost-effectiveness of flexible packaging have made it an integral part of modern living.
However, the surge in convenience has been accompanied by growing environmental concerns associated with conventional non-biodegradable plastic-based flexible packaging.
Due to its complex multi-layered structure and low thickness, recycling most conventional flexible packaging remains a significant challenge.
Pakka Limited's venture into flexible packaging represents a natural progression for the company, which has dedicated more than four decades to producing compostable pulp and paper packaging solutions as well as moulded tableware.
With ambitious plans to scale up the production of such eco-friendly packaging solutions in the coming three years, Pakka's global manufacturing facilities in Ayodhya, India and Guatemala, America, are poised to become hubs for innovation and production.
A thriving global market and local growth potential
The launch of India's first compostable flexible packaging coincides with the expansion of a global market for sustainable packaging solutions.
According to a report by Mordor Intelligence, the Indian packaging market is expected to grow at a Compound Annual Growth Rate (CAGR) of 12.6% from 2023 to 2028.
Despite this growth, India's per capita consumption of flexible packaging stands at 11 kg, well below the global average of 28 kg per capita, indicating substantial untapped market potential.
