Ankita Project On BSM
Ankita Project On BSM
Ankita Project On BSM
ON
CHANGES MADE OVER LAST FEW YEARS ON MODE OF PACKAGING
AND ITS IMPACT ON ECONOMY
SUBMITTED BY:
GUIDED BY:
SASWATI MOHANTY
DEPARTMENT OF COMMERCE
KAMALA NEHRU WOMEN`S COLLEGE, SESSION: 2020-22
BHUBANESWAR
Authorized Signatory
Ankita Priyadarshini
Roll No : IC-20-015
ACKNOWLEDGEMENT
Ankita Priyadarshini
+2 2nd Year Commerce
CONTENTS
1. Introduction 01
2. Functions of packaging 01
3. Classification of packaging 02
4. Objective 03
5. Methodology 03
6. Discussion 04
7. Conclusion 07
8. Reference 09
Introduction:
Functions of packaging :
One packaging may serve multiple functions at the same time. For
example, one standard namkeen poly-pouch serves water and moisture
resistant function (Protective function), stocking at user level and reusable
(resalable) productivity functions (Convenient function), most of the graphic
and psychological functions at the same time.
Classification of packaging:
a) Types of Packaging:
The above classification of packaging is layer based. (i) Primary packaging is
the first layer of packaging which directly holds the smallest unit of the
Product.
(ii) Secondary packaging aims to group primary packages together for
wholesale use Tertiary packaging is used for bulk handling, warehouse,
storage and shipping transport.
Soft Packaging is a relatively new concept which refers to the bundling of
services with no physical packaging being involved. For example, a tour
package offered by a travel agency.
b) Method (Way) of packing:
A lot of resources are being invested to develop innovative and better
packaging ways. Various technologies are constantly being developed that
can provide move cost effective light-weight , green and safe packaging ways.
c) Contents of Packaging:
It is estimated that total packaging demand is approx. 2% of the total gross
national product in the developed economies. While food packaging
contributes the maximum share the total revenue forms packaging, the text
highest contributor is the personal care segment, which comprises of
‘Cosmetic’,‘Powder’ and ‘Toiletry’ packaging.
d) Material used for Packaging:
However, the demand in the packaging industry is expected to be driven by
flexible packaging, especially the flexible intermediate bulk container, which
is expected to grow at 20% over the next five years. This is made possible by
the advanced technology which offers enhanced performance while
maintaining supply chain efficiency.
Objective of the study:
The packaging industry has evolved from ‘packing’ in its naive form to
‘packaging’ which supports the distribution and marketing functions for the
packed product. Primitive packaging refers to wooden barrels baskets of
reeds, woven bags etc.
Presently, with the advancement of technology, packaging can be of several
types, executing several functions at the same time. Flexible packaging,
resalable packaging, tamper-resistant packaging, Radio Frequency
Identification (RFID) tags on packaging are a few examples of how the
industry has evolved over the years.
a) Flexible Packaging
Rigid containers and pet bottles are being fast replaced by flexible
packaging. The material being used is also changing rapidly. From paper to
cellophane plastic wrappers to aluminium foil to metalized and coextruded
foils: the change has been quite rapid and new features are being built into
the packaging material to add value for its customers.
Apart from being more cost effective, it offers versatility in the packaging
material with improved protection against light, water, moisture and gases
thereby increasing the aroma and the shelf life of the products. The metallic
base allows for high gloss and eye-catching aesthetic packaging.
Sulphate paper is used as paper sacks for flour, sugar, fruits and
vegetables. Waxed papers are used for bread wrappers and inner liners for
cereal cartons.
b) Environmental Friendly Packaging
Increasing awareness and health consciousness amongst the consumers
across various demographic profiles has raised environmental concerns,
especially for the polymer based packaging material. More and more people
are making a purchase decision based on the green packaging material as a
matter of course. A classy example here is the shift in the sale of milk from
the one packaged in a plastic pouch to the one in a tetra pack. Customers
today expect packaging to be environment friendly. It needs to be recyclable
to allow reuse and bio-degradable and less polluting, apart from being safe
and healthy. Environment friendly packaging is more of a social
development among the consumers than a marketer decision. Moreover, it
has also garnered support from government and apolitical bodies.
c) Resalable Packaging
The resalable packaging offers easy-to-use convenience to the consumer
along with the option to close the package for further use ensuring no
spillage or loss of quality of the product. Resalable packaging is more
popular in the forms of screw caps, hook and fasteners, and interlock and
zip packs. The problem faced with resalable packaging is that once the
package is opened, the aroma or the quality of the product is lost for sure.
However, the extent of loss is subject to the duration for which the package
was left open. A lot of research and development has been ongoing in this
field to ensure no loss of quality; however, there is still a long way to go.
d) Packaging Offering Better Aesthetics and Promotion
The population of younger customers is higher in India and is expected to
grow faster in the years to come. The need of identification with the brand is
higher in this group. The aesthetics. colour scheme, design, shape and size
of the packaging affect the decision of the customers, who want to know
more about the product inside.
For example, kids would go for a glossier and brightly coloured packaging
with funky characters while elderly may go for the image on the packaging
that illustrates the benefits of the product
e) Stronger and More Durable Material
The tensile strength, the durability and the package integrity in terms of the
strength of its seal validate the shelf life of the product. Such packaging
materials are being developed that can assume their original shape even
after being used once, especially in the laminate-based film packaging sub
segment. The challenge for the manufacturers and technology developers
here is to fix the trade-off between the strength of the packaging and the
ease of opening and using the product.
f) Lightweight and Down gauging of Packaging
With the development of technology, packaging materials across glass,
metal, plastic and paper & board packaging are being developed for strength
and light weight at the same time. The use of lighter corrugated container
board packaging, reinforced glass, metalized films is being continually
evolved to reduce their weight and width. From the manufacturer's
perspective, it helps to save on the packaging material, shipping weight and
costs. To the customers, lightweight packaging offers convenience in terms
of ease of carrying.
Conclusion:
Changes witnessed over the last few years on mode of packaging and its
economic impact:-
b) Milk being supplied in glass bottles, later in plastic bags and now in tetra
pack and through vending machines. Changing the mode of packaging &
distribution is a sure way to help & protect the nature. We can see the
journey of a product from being a garbage after use to being reuses after
its product life cycle .we know that glass & plastics are major threat to
environment & hard to recycler than paper.
d) The origin of cardboard and the various stages of changes and growth.
Cupboards are again easy to carry, lighter in weight comparatively with any
ones else. We can reuse & reshaped them. They are simplest form of light
weight products packaging & short distance transportations.
e) Brown paper bags packing to recycled paper bags to plastic bags and
cloth bags. Brown paper bags are most naturally recycles & 1st form of any
recycle product. So their life cycle is short & we can use them repetitively by
continuous recycle. They are easy to decompose in nature. Again they are
attractive & less in weight.
f) Reuse of packaging [bottles, jars and tins] to attract customers for their
products. Yes, putting the recycle sign on products give the feed good &
proud to both manufacturer & user because Manufacturer feels responsible
& user think that they are not doing any harm to them & nation by using
this particular product.
g) The concept of pyramid packaging for milk. As we know very well about
the power of pyramids for their property of perseverance for longer time & at
best standards with natural touch. Same concept now a day applied in food
& beverage packaging to provide the faith to customers that products are
more natural yet sharp & safe .By that we can pack more quantity in fewer
surfaces & less material used