Paper and Packaging
Trilegal has advised leading paper and packaging industry players on navigating legal and regulatory developments with regards to statutory packaging compliances, structuring a compliant growth strategy, sustainability measures, expanding and investing successfully via mergers and acquisitions, conducting post-merger integration, and evaluating the market to assess investment opportunities.
The paper and packaging business in India is witnessing growth induced by the expansion of newer markets and government initiatives to promote sustainable practices, such as the ban on identified single-use plastic items. In coming years, and with the growing market awareness of environment friendly practices, the industry is likely to strengthen its base in end-user segments such as food and beverages, healthcare, pharmaceuticals, and personal care. Additionally, with the significant growth of organised retail, the demand for paper packaging will grow in tandem with the increase in supermarkets and modern shopping centres. Merger and acquisition transactions in this sector are also on the rise, signalling the interest of institutional investors in the sector. As per India Paper and Paperboard Packaging Market Report by Mordor Intelligence, the Indian paper and packaging market, worth USD 10.77 billion in 2021, is likely to touch USD 15.69 billion by 2027, and the predicted compound annual growth rate (CAGR) is 12.60% during the forecast period of 2022-2027. The dramatic shift to online retail, especially post the onset of COVID-19, has also laid the foundation of an upward trajectory for this industry. According to the Indian Institute of Packaging, packaging consumption in India has increased by approximately 200% in the last decade, from 4.3 kilograms per person per annum (pppa) in 2010 to 8.6 kilograms pppa in 2020.
Trilegal has advised leading paper and packaging industry players, helping them navigate the ongoing legal and regulatory developments with regards to statutory packaging compliances. We have assisted businesses which include Indian companies as well as subsidiaries of foreign companies, in both primary and secondary packaging industries, in structuring a compliant growth strategy, sustainability measures, expanding and investing successfully via mergers and acquisitions, conducting post-merger integration, and evaluating the market to assess investment opportunities.
Some of our clients in this space include –
- International Paper
- Huhtamaki
- Essel Propack
- Ballarpur Industries
- ITC
