Packages

Name

Packages

Legal name

Packages Limited

Website

https://packages.com.pk

Company type

Public

Founded year

1956

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Packaging Manufacturing

NAICS

Corrugated and Solid Fiber Box Manufacturing (322211), Plastics Bag and Pouch Manufacturing (326111), All Other Plastics Product Manufacturing (326199)

SIC

Miscellaneous Plastics Products (3080)

akta.pro primary industry

Corrugated Packaging & Boxes (RSC, die-cut, bulk bins) (IMAMAHAA)

akta.pro secondary industries

Industrial & Heavy-Duty Flexible Packaging (Construction, Chemicals, Liners) (IMALABAJ), Paper-Based Packaging & Single-Use Paper Products (Paper Bags, Wraps, Cartons) (CRADALAL), Rigid Cosmetic & Personal Care Plastic Packaging (Jars, Bottles, Compacts) (IMALAAAF)

Keywords

• Packaging solutions
• Flexible packaging
• Corrugated packaging
• Paper and board
• Tissue products

Headquarters

HQ city

Lahore

HQ country

Pakistan

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Packaging Products: Core business generating revenue from folding cartons, flexible packaging materials, corrugated packaging, paper and board products, and BOPP/CPP films
2. Tissue Products: Rose Petal brand tissue products including facial tissues, toilet paper, kitchen roll, and table napkins
3. Insurance Services: IGI Holdings provides life insurance, general insurance, and wealth management solutions through IGI Life and IGI General
4. Commercial Trading: Packages Trading FZCO trading of wood pulps, waste paper, paper-based packaging products, tissue paper, industrial chemicals, and machinery across Middle East markets. USD 29 million turnover in 2024.
5. Real Estate: Packages Mall - one of the largest shopping malls in Pakistan with food court, cinemas and retail outlets
6. Industrial Minerals: OmyaPack distributes specialty chemicals and industrial minerals including calcium carbonate, dolomite and perlite
7. Corn Starch Products: Starch Pack produces Food-Grade and Non-Food Grade Native Starches, Cationic and Oxidized Modified Starches, Liquid Glucose, and Animal By-products

Go-to-market motion3 records

Distribution channels7 records

Marketing channels9 records

Core offering

Packages Limited is Pakistan's largest integrated packaging manufacturer, producing folding cartons, flexible packaging, corrugated packaging, paper and board, and BOPP/CPP films for multinational consumer goods, food and beverage, pharmaceutical, textile, and dairy customers. The group also manufactures tissue products (Rose Petal), feminine hygiene (Embrace), printing inks (DIC Pakistan), industrial minerals (OmyaPack), corn starch (Starch Pack), and operates adjacent businesses in insurance (IGI Holdings), pharmaceuticals (Hoechst Pakistan), retail real estate (Packages Mall), and international trading (Packages Trading FZCO).

Product overview

Packages Group is a diversified conglomerate with Packages Limited (established 1956) as its flagship company, operating as an investment holding company with subsidiaries and joint ventures engaged in various businesses. The group operates a multi-product portfolio organized around packaging solutions (Packages Limited, Packages Convertors Limited, Bulleh Shah Packaging, Tri-Pack Films Limited, DIC Pakistan, Packages Lanka, FPC South Africa, Chantler Packages Canada), consumer products (Rose Petal tissue brand, Embrace feminine hygiene products), industrial products (Starch Pack corn processing, OmyaPack industrial minerals), insurance and financial services (IGI Holdings), retail (Packages Mall), trading (Packages Trading FZCO in UAE), and pharmaceuticals (Hoechst Pakistan Limited). The group is Pakistan's top packaging solution provider with international operations across Sri Lanka, South Africa, Canada, and UAE.

Differentiator

Problem solved

Functional benefit

Brands

• Rose Petal: Tissue products brand including facial tissues, toilet paper, kitchen roll, and table napkins launched in 1981.
• Embrace
• Maxob

Products and services

• Packaging Products (Folding Cartons, Flexible Packaging, Corrugated Packaging) Premium folding cartons, flexible packaging materials, and corrugated packaging for multinational consumer goods, food and beverage, pharmaceutical, textile, and dairy customers across Pakistan and international markets.
• BOPP and CPP Films Biaxially Oriented Polypropylene (BOPP) and Cast Polypropylene (CPP) packaging films manufactured by Tri-Pack Films Limited for packaging applications.
• Printing Inks Printing inks for packaging and commercial printing applications, produced by DIC Pakistan Limited, the largest printing ink manufacturer in Pakistan.
• Industrial Minerals (Calcium Carbonate, Dolomite, Perlite) Specialty industrial minerals including calcium carbonate, dolomite and perlite distributed by OmyaPack for Construction, Paper & Board, Polymers, Food and Personal & Home Care industries.
• Corn Starch Products Food-Grade and Non-Food Grade Native Starches, Cationic and Oxidized Modified Starches, Liquid Glucose, and Animal By-products for Paper & Board, Packaging, Textile, Food, Pharmaceutical, Confectionery, and Animal Feed industries.
• Rose Petal Tissue Products Consumer tissue products including facial tissues, toilet paper, kitchen roll, and table napkins sold under the Rose Petal brand.
• Embrace Feminine Hygiene Pads Feminine hygiene product marketed as Pakistan's most comfortable pad, sold under the Embrace brand by Packages Convertors Limited.
• Insurance and Financial Services Life insurance, accident and health insurance, retirement planning, family takaful, wealth management solutions, and general insurance (Fire, Motor, Marine, Travel, Health, Personal Accident, Home) provided through IGI Holdings Limited.
• Pharmaceutical Products Pharmaceutical products distributed in Pakistan by Hoechst Pakistan Limited (formerly Sanofi Aventis Pakistan), with over 55 years of legacy in healthcare.
• Packages Mall Retail Real Estate Multipurpose high-quality shopping mall with food court, cinemas, and retail outlets, hosting 300+ local and international brand outlets in Lahore.
• International Trading (Wood Pulp, Waste Paper, Paper-Based Packaging, Tissue, Industrial Chemicals, Machinery) Wholly owned subsidiary in Dubai Airport Freezone (UAE) engaged in import, export, distribution, and warehousing of wood pulps, waste paper, paper-based packaging products, tissue paper, polyethylene/polypropylene resins, packaging films, industrial chemicals, and machinery, with USD 29 million turnover in 2024.
• Paper and Board Products Paper and board products manufactured by Bulleh Shah Packaging, the largest renewable packaging facility and only liquid packaging board facility in Pakistan, including paper and board for downstream packaging manufacturers.
• Flexible Packaging (Sri Lanka - Packages Lanka) Flexible packaging products manufactured in Sri Lanka by Packages Lanka, a leading manufacturer and solution provider of flexible packaging.
• Flexible Packaging (South Africa - FPC) Monolayer and co-extruded flexible packaging solutions manufactured in South Africa by Flexible Packages Convertors (FPC).
• Flexible Packaging (Canada - Chantler Packages) Flexible packaging for the food industry manufactured in Mississauga, Canada by Chantler Packages, a joint venture between Packages Lanka and Chantler Packaging Inc.

Quantifiable outcome

• 50% of energy needs met through renewable sources
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Twelve partnerships are on record, tiered minor and core.

• SC Johnson PakistanminorStrategic or Co-development Partner · 1 January 2019Signed joint venture agreement with SC Johnson Pakistan in 2019 for packaging solutions partnership.
• Chantler Packaging Inc. (Canada)minorStrategic or Co-development Partner · 1 January 2017Joint venture partner for Chantler Packages established in 2017. Flexible packaging manufacturer located in Mississauga, specialized in packaging for food industry.
• Omya Group (Switzerland)coreStrategic or Co-development Partner · 1 January 2016Joint venture partner for OmyaPack established in 2016. Producer and worldwide distributor of industrial minerals including calcium carbonate, dolomite and perlite. Serves Construction, Paper & Board, Polymers, Food and Personal & Home Care industries.
• Stora Enso (Sweden)coreStrategic or Co-development Partner · 1 January 2012Joint venture established in 2012 for Bulleh Shah Packaging (previously Bulleh Shah Paper Mill). Later became fully owned subsidiary of Packages Limited in 2017 when Stora Enso shares were acquired.
• Printcare (Ceylon) Limited (Sri Lanka)coreStrategic or Co-development Partner · 1 January 1998Joint venture partner for Packages Lanka (Private) Limited established in 1998. Packages Limited holds 79.07% ownership. Leading manufacturer and solution provider of flexible packaging products in Sri Lanka.
• DIC Asia Pacific (Singapore)coreStrategic or Co-development Partner · 1 January 1994Joint venture partner for DIC Pakistan Limited established in July 1994. Packages Limited holds 54.98% ownership. Company is largest printing ink manufacturer in Pakistan.
• Mitsubishi CorporationcoreStrategic or Co-development Partner · 1 January 1993Joint venture partner for Tri-Pack Films Limited established in 1993. Commenced production in June 1995 for BOPP and CPP films manufacturing. Mitsubishi Corporation held equity participation along with Al-Tawfeek Company for Investment Funds, Saudi Arabia and general public.
• Akerlund & Rausing (Sweden)coreStrategic or Co-development Partner · 1 January 1956Founding joint venture partner for Packages Limited establishment in 1956. Akerlund & Rausing of Sweden partnered with Ali Group of Pakistan to convert paper and paperboard into packaging for consumer industry.
• Pakistan Business Council (PBC)minorOthersMembership of industry associations and trade bodies for business networking and policy advocacy.
• Pakistan Institute of Corporate GovernanceminorOthersMembership of industry associations for corporate governance best practices.
• The Lahore Chamber of Commerce and Industry (LCCI)minorOthersMembership of local chamber of commerce for business networking.
• Federation of Pakistan Chambers of Commerce and Industry (FPCCI)minorOthersMembership of federation for national trade policy engagement.

Scale indicators12 records

Recent moves23 records

Expansion highlights6 records

Direct peers

• Tetra Pak: Global packaging and processing giant with deep Pakistan roots; Syed Babar Ali (Packages' founder) co-founded Tetra Pak Pakistan. Comparable as integrated packaging solutions provider serving dairy, F&B, and consumer industries, with comparable joint-venture and conglomerate DNA.
• ITC Limited: Indian diversified conglomerate with a large paperboards, packaging, and converting business alongside FMCG, hotels, and agri-business. Closest South Asian peer in terms of conglomerate structure, vertical integration into paper/paperboard, and multi-vertical portfolio including tissue and personal care.
• Stora Enso: European integrated forest products and renewable packaging major and former JV partner of Packages in Bulleh Shah Packaging. Comparable as a paperboard, pulp, and corrugated packaging producer serving similar F&B, consumer goods, and industrial customers.
• Mondi Group: European packaging and paper group with corrugated, flexible, and paper-based packaging operations serving FMCG and industrial customers. Comparable in product mix (corrugated, kraft paper, flexible packaging) and integrated pulp-to-packaging value chain.
• Smurfit Kappa: Global leader in paper-based packaging with corrugated, containerboard, and consumer packaging businesses. Comparable as a paperboard-to-corrugated integrated player serving similar multinational FMCG and industrial customers in multiple geographies.
• DIC Corporation: Japanese parent of DIC Asia Pacific, Packages' JV partner in DIC Pakistan (largest printing ink manufacturer in Pakistan). Comparable as a printing inks and packaging materials supplier with emerging-market JV strategy.

Broad incumbents

• International Paper: Global pulp, paper, and packaging incumbent with corrugated, containerboard, and consumer packaging operations worldwide. Comparable as a diversified paper-and-packaging incumbent serving similar multinational FMCG, food, and industrial end markets.
• Amcor: Global flexible and rigid packaging major with broad portfolio across food, beverage, healthcare, and consumer goods. Comparable as a flexible packaging incumbent serving multinational consumer brands - directly overlaps Packages' flexible packaging business.

Regional players

• EPL Limited (formerly Essel Propack): India-headquartered specialty packaging company (tubes, laminates) with global operations. Comparable as a South Asian-rooted packaging converter serving FMCG and personal care multinationals with cross-border manufacturing footprint.

Others

• Mitsubishi Corporation (packaging-related subsidiaries): Japanese trading conglomerate and JV partner in Tri-Pack Films (BOPP/CPP films). Comparable as a global strategic investor in packaging films and converting businesses across emerging markets, with similar JV-driven market entry model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/PackagesGroup
• Facebookfacebook.com/PackagesGroup
• LinkedInlinkedin.com/company/packages-group
• Instagraminstagram.com/packagesgroup

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Packages