ICCA Summit in India Highlights $200 Billion Global Corrugated Industry

The International Corrugated Case Association (ICCA) is holding its 41st global summit for the first time in India, highlighting the country's economic vibrancy. ICCA President Eleni Despotou stated the industry substantially supports India's growth, acknowledging its potential for member companies. The global corrugated packaging industry is valued at approximately $200 billion, with the Indian segment contributing about $8.9 billion. The summit serves as a rare platform for the Indian industry to interact with global leaders and share information.

Key Points: ICCA Global Summit in India: $200B Industry Growth Potential

  • First ICCA global summit in India
  • Global industry valued at $200 billion
  • Indian corrugated sector worth $8.9 billion
  • Event brings international players together
  • Summit fosters global industry interaction
2 min read

"ICCA is substantial industry that supports the growth of India," ICCA President says

ICCA President highlights India's vibrant economy as a key growth driver for the $200 billion global corrugated packaging industry at the 41st global summit.

"This is a substantial industry that supports the growth of India. - Eleni Despotou"

Hyderabad, February 17

President and CEO, ICCA and MD, FEFCO, Eleni Despotou, said that the industry offers support to the growth of India.

Speaking to ANI on the 41st ICCA (International Corrugated Case Association), Despotou said that India's vibrancy supports the potential of the industry.

He said, "This is a substantial industry that supports the growth of India. We have acknowledged the incredible, vibrant economy of India and the potential for our members and companies to grow. Our global event will bring together international players from all over the world."

Chairperson of ICCA, M L Agarwal, told ANI that the summit is a rare opportunity for India to interact with global leaders.

He said, "We are organising an International Corrugated Case Association global summit for the first time in the history of the ICCA, and this will be the 41st global summit. This is a rare opportunity for the Indian industry to interact with the global leaders. The global corrugated industry is valued today at approximately $200 billion, while the Indian industry is about $8.9 billion."

The International Corrugated Case Association (ICCA) was formed in 1961. Its purpose is to provide member services and activities that can be most effectively conducted by an international organization. The services support and enhance the work of the association members and contribute to the well-being of the worldwide corrugated packaging industry.

Since 1961, ICCA has sponsored a biennial Management Conference to allow worldwide corrugated industry executives to come together and share information, in a legal manner, on appropriate issues.

ICCA gathers, compiles and distributes corrugated shipment/production data. This is the most authoritative reflection of worldwide corrugated industry data.

ICCA members receive country- and region-specific production/shipment data reports every quarter. The association releases annual data to the general public, and then only by continent.

- ANI

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Reader Comments

P
Priya S
$8.9 billion is significant, but seeing the global market at $200 billion shows the massive growth potential for India. Hope this summit leads to more technology transfer and investment in sustainable packaging solutions.
M
Michael C
As someone in the logistics business, I can confirm the corrugated box industry is booming with e-commerce. It's a silent giant. Good to see it getting international recognition in Hyderabad.
S
Sneha F
While the growth is impressive, I hope the focus is also on making this industry more eco-friendly. We need to push for higher recycling rates and reduce plastic liners in packaging. The summit should address this.
R
Rohit P
Hosting such a global event is a big deal! It will create opportunities for MSMEs in the supply chain. From raw material to printing, many small businesses will benefit. Jai Hind!
K
Karthik V
The data sharing aspect is key. Having access to quarterly reports will help Indian manufacturers plan better and compete globally. Knowledge is power in business.

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