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

IND vs NZ: 20 years of wait ends in Dharamshala, will India create history in Wankhede? Know what is the record

India (IND), so far unbeaten in the World Cup 2023, will face New Zealand (NZ) on Wednesday. A to

IND vs. PAK: If Rain became the villain even on the reserve day, then how will the result of the match be known? India's path will become difficult

IND vs. PAK Reserve Day: India and Pakistan are clashing in the Super-4 round of Asia Cup 2023. R

PM Modi will inaugurate the No Money For Terror Conference: Representatives of 75 countries will be included; Pakistan-Afghanistan officials will not come, suspense on China

The no money for terror (NMFT) conference is being organized in Delhi today to stop terror fundin

CAA: Asaduddin Owaisi files petition in Supreme Court against CAA, demands ban on law enforcement

AIMIM Chief Asaduddin Owaisi has filed a petition in the Supreme Court against the Citizenship Am

Ajooni Biotech: Ajooni Biotech will sell a stake to raise Rs 29 crore, the subscription will close on 15

Ajooni Biotech, a leading animal healthcare, and animal feed company, plans to raise ₹29 crores

PFI Ban: Ban on PFI to continue, Karnataka High Court dismisses petition challenging the ban

The Karnataka High Court has upheld the ban on the Popular Front of India (PFI). The court on Wed

Bill Gates met PM Modi: Said- I am more positive than before about India's growth in health and development sector

American businessman Bill Gates met Prime Minister Narendra Modi in India on Friday. He discussed

India vs New Zealand: First waiting...then coming soon and now everything is sold, know the whole matter

Tickets for the match to be held between India and New Zealand on October 22 at the International

Bholaa Box Office Day 6: Ajay Devgan's Bholaa manages to create speed at the box office, the collection crosses 50 crores

Bholaa Box Office Collection Day 6: Ajay Devgn's Bholaa finally gets a chance to celebrate. Bhola

Bhuj Air Force Station: Rajnath reaches Bhuj Air Force Station; Pakistan's propaganda exposed

Defence Minister Rajnath Singh on Friday visited Bhuj Air Force Station in Gujarat. Last week, th

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