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Plastic Crates Market in India to Grow by USD 392.7 Million from 2025-2029, Boosted by Globalization and International Trade, Report on AI’s Impact on Market Trends – Technavio

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NEW YORK, Feb. 7, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The plastic crates market in india size is estimated to grow by USD 392.7 million from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of almost 8.2%  during the forecast period. Globalization and increasing international trade is driving market growth, with a trend towards advent of plasticulture. However, growing pollution due to increasing plastic waste generation  poses a challenge.Key market players include Aristoplast Products Pvt. Ltd., Bright Brothers Ltd., Brix Industries, Croma Plast Pvt. Ltd., Esquire Multiplast Pvt. Ltd., K.M.S. Plastworld Pvt. Ltd., MPH Group, National Plastics, Nilkamal Ltd., R.R. Enterprises, Rita International, Samruddhi Industries Ltd., Signet Industries Ltd., Sri Kamakshi Enterprises., Sunshine Plastics, Swift Technoplast Pvt. Ltd., The Supreme Industries Ltd., VIP Plastics, Vishakha Mouldings P. Ltd., and White Plaast.

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Plastic Crates Market In India Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2022

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 8.2%

Market growth 2025-2029

USD 392.7 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

7.6

Regional analysis

India

Performing market contribution

APAC at 100%

Key countries

India

Key companies profiled

Aristoplast Products Pvt. Ltd., Bright Brothers Ltd., Brix Industries, Croma Plast Pvt. Ltd., Esquire Multiplast Pvt. Ltd., K.M.S. Plastworld Pvt. Ltd., MPH Group, National Plastics, Nilkamal Ltd., R.R. Enterprises, Rita International, Samruddhi Industries Ltd., Signet Industries Ltd., Sri Kamakshi Enterprises., Sunshine Plastics, Swift Technoplast Pvt. Ltd., The Supreme Industries Ltd., VIP Plastics, Vishakha Mouldings P. Ltd., and White Plaast

Market Driver

The Indian agricultural sector is undergoing a transformation with the adoption of plasticulture, utilizing plastics in various farming and horticulture applications. Plastics offer several advantages over conventional materials, including high strength, flexibility, and corrosion resistance. These features contribute to water savings, yield improvement, and prevention of weed growth. Additionally, plastics can protect against adverse climatic conditions and reduce fertilizer usage and post-harvest losses. The Indian government supports this trend through educational programs and incentives. Plasticulture’s benefits extend to agriculture storage and transportation, making plastic crates an attractive solution. With the increasing popularity of plasticulture, the demand for plastic crates is projected to rise due to their ease of use, reusability, and longer lifecycle. 

The Plastic Crates Market is witnessing significant growth due to its high demand in various industries. Key sectors driving this trend include agriculture, food and beverage, and logistics distribution. These crates are mass-produced to ensure durability, versatility, and stackability, making them ideal for bulk packaging and returnable use. High-performance films are used to enhance their sustainability, corrosion-resistance, and moisture-resistance, enabling their use in extreme temperatures and safe packaging. Food and beverage industries benefit from plastic crates due to their ability to maintain temperature and preserve food. With the rise of online food orders and e-commerce, the demand for lightweight, non-biodegradable packaging solutions is increasing. Customizable reusable crates are also popular in export activities and the fast food industry. Production technology advances include the use of RFID tags, High-density polyethylene (HDPE), Polypropylene (PP), and Polyvinyl Chloride (PVC) for strength and flexibility. Environmental initiatives are pushing for the adoption of sustainable plastic crates, and the market is responding with innovative solutions. Trade activities, logistics, and distribution are also adopting these crates due to their cost-effectiveness and ease of use. In the age of no contact delivery, plastic crates offer a safe and efficient solution for businesses. 

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Market Challenges

Plastic waste is a significant environmental issue in India, with an estimated 28,593.96 tons generated annually. This waste comes from various plastic types, including PE, PP, PVC, PET, HDPE, and PS, most of which are non-biodegradable. Plastic pieces can cause harm by blocking waterways, contaminating soil and water, and posing health risks through ingestion or toxic emissions. For instance, plastic bags and containers made of expanded polystyrene (EPS) foam can take thousands of years to decompose. The burning of plastic for heating or cooking releases harmful gases. Around 43% of manufactured plastics are used for packaging, leading to increased plastic waste generation. This growing plastic production and waste pose challenges for plastic crate vendors, as there is mounting pressure to properly handle waste from plastic processing companies during the forecast period.Plastic crates are a popular choice for businesses involved in safe packaging and online food orders due to their durability and temperature maintenance capabilities. However, the use of non-biodegradable packaging raises environmental concerns. Environmental initiatives push for more sustainable options like cardboard or wooden crates. Trade activities, including export and e-commerce, rely on plastic crates for their strength, flexibility, and reusability. Production technology advances with the use of RFID tags, high-density polyethylene (HDPE), polypropylene (PP), and polyvinyl chloride (PVC). Customizable and reusable crates offer benefits for temperature stability and food preservation. Weather protection is crucial for outdoor transportation. No contact delivery and home delivery services require packaging. Fast food industry and international trade heavily utilize plastic crates for goods transportation. Product approval regulations and packaging waste management are essential considerations. Biodegradable properties are a growing trend in the packaging industry.

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Segment Overview 

This plastic crates market in India report extensively covers market segmentation by  

End-userFood And BeveragesIndustrialRetailPharmaceuticalOthersMaterialPEPPPVCOthersGeographyAPAC

1.1 Food and beverages-  The Indian food processing industry, accounting for approximately 9% of the manufacturing sector, is experiencing growth. With a rising consumer preference for packaged products and evolving food habits, the demand for plastic crates in this sector is increasing. Plastic crates are essential for storing and transporting packaged food and beverages, offering benefits such as ease of loading, stacking, and handling. They can withstand automated equipment, high-pressure washing, sterilization, and temperature changes. Additionally, plastic crates are cost-effective, recyclable, foldable, and durable, making them ideal for the food and beverage (F&B) industry. The dairy industry, in particular, is a significant end-user due to the high-load demands. Plastic crates made of HDPE are commonly used in the F&B industry’s materials handling process, from farmers to distribution centers and supermarket shelves. The expanding F&B industry and the growing demand for plastic crates in various applications offer significant growth opportunities for the plastic crates market in India during the forecast period.

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Research Analysis

Plastic crates are a popular choice for bulk packaging and transportation due to their durability, versatility, and stackability. They are an alternative to traditional options like corrugated fibreboard and wooden crates. Plastic crates offer superior weather protection, making them ideal for outdoor storage and international trade. In the age of online shopping and home delivery, plastic crates ensure temperature stability for packaged food items. These mass-produced crates are made from sustainable materials like high density polyethylene and polyvinyl chloride, offering strength and flexibility. Plastic crates are widely used in various industries, including fast food, due to their returnable and reusable nature. They come in various sizes and can be customized to meet specific requirements. With no contact delivery becoming the new norm, plastic crates ensure food preservation and hygiene. Additionally, their high density and bulk storage capabilities make them a preferred choice for businesses looking to optimize their supply chain.

Market Research Overview

Plastic crates are a popular choice for various industries due to their durability, versatility, and stackability. They offer superior protection against weather conditions, making them ideal for outdoor use and international trade. Plastic crates are commonly used for goods transportation, particularly in the food and beverage industry for packaged food and online shopping home delivery. Customized crates are available to meet specific requirements, such as temperature stability for perishable items or moisture-resistant properties for agricultural produce. Plastic crates are also reusable, reducing packaging waste and promoting sustainable practices. However, they are non-biodegradable, raising concerns about environmental impact. To address this, some companies are producing biodegradable plastic crates made from high-performance films. Plastic crates are also used in logistics distribution for mass-produced items, offering strength and flexibility for safe packaging. RFID tags can be added for easy tracking and inventory management. Production technology allows for customizable designs, and high-density polyethylene, polypropylene, and polyvinyl chloride are common materials used in their production. Plastic crates are essential in the food and beverage industry for temperature maintenance and food preservation. They are also used in the fast food industry for bulk packaging and returnable packaging. In the e-commerce sector, plastic crates are used for online food orders and no-contact delivery. Plastic crates must meet product approval regulations and are subject to environmental initiatives and trade activities. They are lightweight, corrosion-resistant, and can withstand extreme temperatures. In summary, plastic crates offer numerous benefits for various industries, including durability, versatility, and weather protection.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userFood And BeveragesIndustrialRetailPharmaceuticalOthersMaterialPEPPPVCOthersGeographyAPAC

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Technology

Yiren Digital Accelerates Operating Efficiency Through AI Agent Deployment

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Broader AI adoption improves productivity across asset recovery and enterprise operations

BEIJING, July 23, 2026 /PRNewswire/ — Yiren Digital Ltd. (NYSE: YRD) (“Yiren Digital” or the “Company”), a leading company specializing in financial technology and artificial intelligence innovation across multiple industries in China and global markets, today announced measurable operating efficiency improvements as it continues to deploy AI agents across core enterprise workflows. Broader AI adoption is reducing manual intervention, increasing workforce productivity and creating greater operating leverage by automating high-volume processes across multiple business functions.

These deployments are a key component of Yiren Digital’s “All-in-AI” strategy and its broader transition from AI-assisted productivity toward agent-driven execution. By embedding AI agents into core workflows, the Company is creating reusable operating capabilities that can be deployed across its businesses, supporting greater efficiency and reducing the cost of extending automation into new functions.

“Our objective is not simply to automate individual tasks, but to fundamentally improve how work is performed across the enterprise,” said Mr. Ning Tang, Chairman and Chief Executive Officer of Yiren Digital. “As AI agents take on more of our high-volume, demanding workflows, the productivity gains are becoming a structural part of how we run the business, not a one-time efficiency project. We will continue to deepen AI integration across our existing businesses while extending reusable capabilities into additional verticals.”

The AI deployments are supported by the Company’s proprietary enterprise AI architecture, including MagiCube 2.0, its upgraded multi-agent platform. The platform provides common infrastructure for agents deployed across marketing, customer service, capital operations, risk management, compliance and research and development, with more than 10 reusable foundational capabilities, supporting enterprise-wide execution.

Measurable Operating Impact

Lower manual intervention: The human handling rate in asset-recovery operations decreased from 45.0% to 24.9%, representing a 20.1-percentage-point decline, an approximately 44.6% relative reduction in manual intervention.

Higher staff productivity: The number of service tickets handled per asset-recovery staff member within the applicable Month 1 workflow increased from 358 to 525, an improvement of approximately 47%.

Expanded agent adoption: AI agents accounted for 81% of service tickets within eligible Day 1 asset-recovery workflows in 2025, up from 50% in 2024. The Company also deployed AI agents selectively in later-stage workflows, accounting for 20% of eligible service tickets at Day 4, 14% at Day 16 and 20% at Month 2. Each percentage is calculated separately for the relevant stage and should not be interpreted as a sequential adoption trend.

Enterprise-wide reuse: MagiCube 2.0 supports agent deployment across six enterprise functions, allowing the Company to apply common AI capabilities to a broader range of regulated and high-volume workflows.

Enterprise-scale AI execution: The Fengchao AI voice agent processes approximately 1,500 hours of real-time speech-to-text activity each day. The LingShu intelligent marketing platform executes more than 1,700 tasks daily and generates individualized communication content in an average of 0.6 seconds.

Building Enterprise Operating Leverage Through AI

As AI deployment expands across the enterprise, Yiren Digital is increasingly shifting repetitive, high-volume tasks from human-assisted processes toward agent-driven execution. By combining AI agents with centralized orchestration and governance, the Company is improving operating consistency, strengthening workforce productivity and creating reusable capabilities that increase operating leverage as AI is deployed across additional business functions.

Yiren Digital plans to continue expanding agent-driven workflows across its credit and insurance operations, as part of its ongoing All-in-AI strategy, while strengthening the shared architecture and governance that support enterprise-wide AI deployment. These capabilities are designed to scale across multiple use cases and provide a foundation for the Company’s broader expansion into AI application-layer opportunities, including AI entertainment and AI-assisted language learning.

About Yiren Digital

Yiren Digital Ltd. is a leading company specializing in financial technology and artificial intelligence innovation across multiple industries in China and global markets. The Company leverages advanced artificial intelligence and emerging technologies to enhance customer experience, optimize capital efficiency, and expand financial inclusion. Following the regulatory filing of its in-house developed Large Language Model Zhiyu, and the significant enhancement of its MagiCube Agent platform, Yiren Digital is establishing a new growth engine to accelerate its evolution into an AI-native, multi-industry operating platform extending beyond traditional financial services. For more information, please visit https://ir.yiren.com.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “aim,” “anticipate,” “believe,” “estimate,” “expect,” “hope,” “going forward,” “intend,” “ought to,” “plan,” “project,” “potential,” “seek,” “may,” “might,” “can,” “could,” “will,” “would,” “shall,” “should,” “is likely to” and the negative form of these words and other similar expressions. This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “target,” “confident,” and similar expressions. Forward-looking statements are based on management’s current expectations, assumptions, and assessments of current market and operating conditions. These statements involve inherent risks, uncertainties, and other factors, many of which are outside the control of the Company, and which could cause actual results to differ materially from those expressed or implied in such statements. Actual results may differ materially from those expressed or implied in forward-looking statements due to a variety of factors and other risks described in the Company’s filings with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release. The Company undertakes no, and expressly disclaims any, obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required under applicable law.

View original content:https://www.prnewswire.com/news-releases/yiren-digital-accelerates-operating-efficiency-through-ai-agent-deployment-302833201.html

SOURCE Yiren Digital Ltd.

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Infinium Edge Launches EdgeSites™, a New Infrastructure Model for Deploying AI Compute at Existing Commercial and Industrial Facilities

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EdgeSites delivers operational AI infrastructure in existing powered buildings — factory-built data center modules, waterless cooling, and ready in months without new construction or grid interconnection required.

SACRAMENTO, Calif., July 23, 2026 /PRNewswire/ — Infinium Edge™ today announced Infinium EdgeSites™, a development program that utilizes existing commercial and industrial facilities to deploy operational AI compute infrastructure. Built around Infinium Edge’s proprietary Edge Thermal Vectoring™ immersion cooling platform, EdgeSites enables high-density GPU deployments in existing buildings that were never designed as data centers — without new construction, without cooling water infrastructure, and without the multi-year grid interconnection timelines that constrain conventional large-scale data center development.

More than 20 million commercial and industrial electricity customers in the US are served by electrical infrastructure sized to peak demand – which industry research shows are utilized at only 40-60% on average. That unused headroom, capacity already contracted, energized, and sitting behind the meter, can support high-density AI compute without adding new load to the grid or waiting on a new interconnection.

At the center of the program is the Vector ONE™ — Edge’s factory-built, self-contained immersion cooling system designed to house 1 MW of AI compute capacity. Vector ONE units are engineered for deployment in standard commercial and industrial buildings, either indoors or outdoors, arriving pre-integrated, fully commissioned and require no municipal water connection. Installations are modular and scalable: additional units can be commissioned as site power and demand allow, without rebuilding the underlying infrastructure and occupy up to 70% less floor space than air-cooled equivalents.

Built for the Shift to Inference

As inference moves to displace training as the dominant AI workload, the growth opportunity is shifting towards small, distributed data centers that can be deployed quickly and sited where demand originates. Conventional data center developments are under compounding pressure from long utility interconnection queues, sometimes lasting years, pressure around water use, and general community and regulatory opposition enacting restrictions. Community opposition and regulatory friction delayed or blocked an estimated $156 billion in planned U.S. data center capacity in 2025 alone.

EdgeSites is purpose-built for the structural shift to inference and addresses key issues stalling conventional data center developments today. Each Vector ONE unit delivers 1 MW of inference-ready capacity inside an existing building, in a market that already has established electrical infrastructure, in a timeline measured in months rather than years. Multiple units can be used in tandem to deploy up to 10 MW of capacity at a single site.  The program converts the distributed inventory of underutilized industrial or commercial electrical capacity in the United States into a nationally scaled inference network. Vector ONE’s dry-cooler loop consumes no municipal water, making EdgeSites viable in markets where evaporative cooling has been restricted or banned.

“The data center industry has been answering an infrastructure shortage with a construction playbook — build new facilities, secure new grid connections, wait years for capacity to come online,” said Robert Schuetzle, CEO of Infinium. “That model cannot keep pace with AI deployment timelines. Infinium EdgeSites operate around different premises: the power already exists, the buildings already exist, and the technology now exists to put them to work. We are making operational what the industry has been treating as stranded.”

Deploying EdgeSites

As demand for AI compute continues to outpace available infrastructure and focuses on distributed inference needs, Infinium Edge is expanding the EdgeSites network with qualified host locations and compute partners.

Commercial and industrial property owners of industrial sites, distribution centers, warehouses, or large commercial properties with available electrical capacity benefit from receiving lease income from infrastructure they already own or control. Infinium Edge manages all aspects of site development and operations for installing and deploying the Vector ONE system. No capital investment or operational responsibility is required from the host.

AI companies, enterprises, and compute operators requiring infrastructure on compressed deployment timelines can access high-density, edge-proximate GPU capacity through a straightforward capacity agreement, priced by the kilowatt-month, with backup power included in the capacity fee. There is no construction to manage, no permitting process to navigate, and no cooling infrastructure to operate or maintain.

Infinium Edge manages the full program from development and installation to operation and monitoring— simplifying development and data center management for AI companies and enterprises.

Reach out to learn more and partner in EdgeSites deployments.

Inquiries: www.infinium.ai/edgesites

About Infinium Edge™
Infinium Edge™ is the advanced AI data center infrastructure platform from Infinium, delivering high-density, sustainable compute through proprietary single-phase immersion cooling technology. Infinium Edge is the only North American producer of Fischer-Tropsch immersion fluids and offers a full-stack platform — including Edge Thermal Vectoring™ platform, Vector ONE™ modular AI Factory units, ETV100 immersion fluids, and integrated monitoring systems — engineered for the thermal and operational demands of AI and high-performance computing at scale. For more information, visit www.infinium.ai.

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SOURCE Infinium

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ChipMOS SCHEDULES SECOND QUARTER 2026 FINANCIAL RESULTS SEMIANNUAL CONFERENCE CALL

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HSINCHU, July 23, 2026 /PRNewswire-FirstCall/ — ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services (“OSAT”), today announced that it will report second quarter 2026 results and host a semiannual conference call after the close of trading on the Taiwan Stock Exchange on Tuesday, August 11, 2026.

Investors and analysts are encouraged to participate in the semiannual conference call using the dial-in phone number noted below. A webcast and replay will be available on the Company’s website.

Date: Tuesday, August 11, 2026
Time: 3:00PM Taiwan (3:00AM New York)
Dial-In: +886-2-3396 1191
Password: 1637011 #

Semiannual Conference Call Webcast and Replay: https://www.chipmos.com/chinese/ir/info2.aspx
Replay: Starts Approximately 2 hours after the live call ends

Language: Mandarin

Note: A transcript will be provided on the Company’s website in English following the semiannual conference call to help ensure transparency, and to facilitate a better understanding of the Company’s financial results and operating environment.

About ChipMOS TECHNOLOGIES INC.:
ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS) (www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS is known for its track record of excellence and history of innovation. The Company provides end-to-end assembly and test services to leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries serving virtually all end markets worldwide.

Forward-Looking Statements:
This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as ‘believes,’ ‘expects,’ ‘anticipates,’ ‘projects,’ ‘intends,’ ‘should,’ ‘seeks,’ ‘estimates,’ ‘future’ or similar expressions or by discussion of, among other things, strategies, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding current macroeconomic conditions, including the impacts of high inflation, foreign exchange rates and risk of recession, on demand for our products, consumer confidence and financial markets generally; changes in trade regulations, policies, and agreements and the imposition of tariffs that affect our products or operations, including potential new tariffs that may be imposed and our ability to mitigate with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, based on a number of important factors and risks, which are more specifically identified in the Company’s most recent U.S. Securities and Exchange Commission (the “SEC”) filings. Further information regarding these risks, uncertainties and other factors are included in the Company’s most recent Annual Report on Form 20-F filed with the SEC and in its other filings with the SEC.

Contacts:

In Taiwan

Jesse Huang

ChipMOS TECHNOLOGIES INC.

+886-6-5052388 ext. 7715

IR@chipmos.com

In the U.S.

David Pasquale

Global IR Partners

+1-914-337-8801

dpasquale@globalirpartners.com

 

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SOURCE ChipMOS TECHNOLOGIES INC.

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