The world packaging demand is expected to breach the USD1-trillion-mark in 2021 and notch up USD1.22 trillion in 2026, according to the latest Smithers analysis. Today, India is the fourth largest national market worldwide and is pegged at USD48.2 billion. And packaging is what PrintWeek is celebrating during the 12th edition of its Annual Awards.
The industry insiders we asked came up with different scenarios. Some said 2022 will be a year of revival and turnaround. Others were of the opinion that there will be a consolidation in the packaging space. It also looks like 2022 will be the year of short-run digital printing. Yet others warned of grim scenarios regarding the availability of skilled workforce.