Polymerized Packtech Industry and Growth Factors

Polymerized Packtech industry cited NIC code 22203 as a specific derivate of polymerized packaging items for bags, lay flats, and woven sacks for the precise study of the Packtech industry. Among the wide variety of plastic polymers, the study focused on the Society of Plastic Industry codes 2, 4, and 5. These codes resemble the thermoplastic flexible packaging/Packtech products for user industries like food and grain industries, automobile, medical industry, clothing, and accessories industry, building and accessories industry, e-commerce industry and local venders, as high-density polyethylene (HDPE), low-density polyethylene(LDPE) and polypropylene(PP). The material HDPE, LDPE, and PP are versatile functional applications that comprise value addition through the packaging of user industry products. The study carries out the consumption growth of these materials in manufacturing units of the Packtech industry at the regional level, especially for Jaipur district. The study entails the industry growth attributes (IGA) for the industry to estimate opportunities and challenges within the industry to create a roadmap for the circular industry system to enhance the green production in Rajasthan, Jaipur, and minimize the Packtech waste as landfill. The industry growth attributes are selected on the basis of the bibliometry. To evaluate the significant difference between attributes in concern of consumption growth, Friedman test carried out for hypothesis testing further post hoc testing use for evaluating pair wise difference to identified most effective attributes for consumption growth of the Packtech industry. The primary and secondary data were used for the study. The total sample taken 21 manufacturing Packtech industry among them 18 responses evaluated for the study.