Demand for gift packs expected to increase by 20%: There will be 25% growth in the sale of packaged sweets on Diwali


Posted on 13th Oct 2022 02:13 pm by rohit kumar

After two years, this time Diwali is expected to be celebrated without any restrictions. The packaged sweets industry is expected to see a 20-25% increase in sales this Diwali as compared to pre-Covid. In fact, for the packaged sweets industry, festivals have started well with Rakshabandhan. According to the people associated with the industry, this time Raksha Bandhan saw a growth of 15-20% every year, and the same trend has been seen during Navratri as well.

 

Benefits of packaging

Firoz Naqvi, Director General, of the Federation of Sweets and Namkeen Manufacturers said in a conversation with Dainik Bhaskar that the country's sweets and namkeen industry is getting a lot of benefits from packaging. Customers who had switched to chocolates during festivals are now also switching back to desi sweets because of packaged sweets. Indian sweets manufacturers are now using attractive packaging.

 

Sales of customized gift packs are higher than ever

The sales of customized gift hampers are also showing a significant increase this year. Corporate customers are getting customized gift packs specially designed for their clients. Traders have also made special preparations for this.

 

After Rakshabandhan and Ganesh Chaturthi, now Diwali will also be good

Firoz Naqvi, DG, of the Federation of Sweets and Namkeen Manufacturers says that the festivals of Rakshabandhan, Ganesh Utsav, and Navratri have been very good for the sweets and namkeen industry. The special thing is that almost every sweet and namkeen brand has increased its packaged category and retail shopkeepers are also keeping packaged sweets apart from loose sweets.

 

Ready-to-order gift packs sold out in full, expected to increase by 20%

Packaged food industry consultant Harshvardhan Gupta says that the sale of Diwali gift packs has not been good in the last two years. However, so far this year, all the gift packs prepared on the orders of the industry have been sold out. This year, the sale of gift packs is expected to increase by 15 to 20% as compared to pre-Covid. Corporate customers are putting more emphasis on making customized gift packs.

 

Also Read: Festive Season: The market running with the double engine in the festive season, benefiting from online shopping

1 Like 0 Dislike
Previous news Next news
Other news

Rajnath Singh will participate in the program of 'Ex-Servicemen Welfare Department', and will launch a new website for AFFDF

Defense Minister Rajnath Singh will attend a program organized by the Department of Ex-Servicemen

Salman Khan: Salman Khan will not step back from his commitment, and will start shooting for Bhaijaan Sikander amid tight security

'Once I commit, I don't even listen to myself' This dialogue from the film Wanted seems

India and Britain will further strengthen security relations, British Foreign Minister David Lammy met PM Modi and Jaishankar.

After the formation of the Labour Party government in Britain, whatever little uncertainty there

SP will oppose the Waqf Amendment Bill in Parliament today, Congress-AIMIM have already made their stand clear

A bill to amend the law governing the Waqf Board will be introduced in Parliament on Thursday. Un

Maharashtra: First arrest made in Shivaji's statue collapse case, accused consultant arrested in Kolhapur

Structural consultant Chetan Patil has been arrested for the collapse of the statue of Chhatrapat

Congress demands Khan Sir's arrest, controversy deepens after 'Suresh-Abdul' video goes viral

Due to the different ways of teaching children on YouTube, 'Khan Sir', who is in the discussion,

T20 World Cup: If Virat Kohli is there then it is possible, the King's record against PAK is unmatched, and bowlers will tremble on 9th June; know these unmatched figures

The countdown to the T20 World Cup 2024 has started. This tournament is to start on June 1 under

Aftab's polygraph test report today: Shraddha's murderer confessed during interrogation, no regrets; narco test on December 1

The final report of the polygraph test of the Shraddha murder case accused Aftab Amin Poonawalla

'I tried to work like MS Dhoni and Virat Kohli', Jos Buttler made a big revelation after the match-winning innings

On Tuesday, Jos Buttler overshadowed Sunil Narine's century and gave Rajasthan Royals a record wi

KKR vs SRH Playing 11: IPL Qualifier-1 match today, battle to reach the final directly between Hyderabad and Kolkata.

Kolkata Knight Riders, who are in excellent form, will face Sunrisers Hyderabad, the team that ha

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash