The pharmaceutical packaging market in India is projected to experience a compound annual growth rate (CAGR) of 7.8 percent from 2023 to 2028. Several factors contribute to this growth, including the continual expansion of the pharmaceutical industry, increasing demand for regulatory-compliant packaging, rising generic drug production, and a focus on patient-centric packaging. The need for sustainable solutions and consumer awareness has further fueled the demand for eco-friendly packaging options. Secunderabad Printed Cartons (SPC) is at the forefront of this growth, offering a wide range of innovative packaging solutions to meet the evolving pharmaceutical market needs.
With a strong focus on innovation, sustainability, and customer-centricity, SPC has solidified its position as a reliable partner for pharmaceutical companies seeking packaging solutions that meet the highest quality and compliance standards. “The most prevalent pain points that our customers encounter include product authenticity, customization, cost-effectiveness, innovation, time-to-market, sustainability, and supply chain challenges”, explains Devansh Poddar, head of sales at SPC. The company addresses these pain points by offering various overt and covert anti-counterfeiting solutions, tamper-resistant packaging options, and customizable solutions for small-batch productions.
SPC optimizes costs by leveraging its strong relationships with paper mills and raw material suppliers. Besides investing in cutting-edge technologies to provide track and trace capabilities, the company ensures timely deliveries with a complete in-house production facility. SPC also emphasizes on providing eco-friendly options to support clients' sustainable goals. Furthermore, the company offers an extensive selection of materials and finishes, allowing clients to choose the packaging that best complements their products. “We take pride in delivering exceptional customer service, ensuring our clients always receive the assistance they require”, states Poddar.
SPC has developed a range of products tailored specifically to meet clients’ unique needs, encompassing Covet Security features to effectively combat counterfeiting and tamper-evident features that provide clear evidence of any tampering attemptsDevansh Poddar, Head-Sales
Over the years, SPC has developed a range of products tailored specifically to meet clients’ unique needs, encompassing Covet Security features to effectively combat counterfeiting and tamper-evident features that provide clear evidence of any tampering attempts. The success of these products has garnered significant praise, and several have even been filed for patent protection, underscoring their innovative nature and potential for market impact. Beyond specialized products, SPC excels in providing comprehensive packaging solutions – including packaging materials and equipment for various industries – such as beverage packaging, hot/ cold blister packaging, child-resistant packaging, and more.
SPC’s client engagement process starts with an in-depth consultation to understand specific requirements, followed by design conceptualization and customization. The company ensures regulatory compliance and conducts material testing before creating prototypes for client approval. “We employ stringent quality control measures throughout our production process and prioritize timely delivery. Our customer-centric approach and emphasis on open communication have helped establish long-term partnerships with clients worldwide”, explains Poddar.
Since its inception, SPC’s journey has been marked by steady growth and remarkable achievements. The company started as a small packaging provider for Indian Drugs and Pharmaceuticals Limited (IDPL) and gradually expanded its client base to include various domestic and international pharmaceutical companies. “We have had the privilege of working with most of the pharma giants in South India and can proudly claim that some of the packaging material we supply is exported to over 50 countries”, highlights Poddar.
To strengthen its position in the pharma packaging market, SPC’s R&D team is actively working on pioneering packaging technologies, including smart packaging solutions, advanced anti-counterfeiting measures, and eco-friendly materials. By continually investing in cutting-edge technologies and expanding its service portfolio, SPC remains committed to providing reliable packaging solutions that contribute to the success of its clients in the competitive pharmaceutical market.
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