The Indian beverage packaging market is projected to showcase a CAGR of 9.3% during the forecast period. The key factors that drive the growth of the India beverage packaging industry include the changing consumer preferences towards sustainable packaging solutions regarding the environmental impact of the packaging materials such as plastics. There has been a ban imposed on the use of plastic by the Government of India, which challenges the manufacturers that manufacture plastic-based packaging products in the country. Nevertheless, the introduction of bioplastics and flexible packaging solutions are the factors that create a scope for the growth of the beverage packaging market in the country.
Further, a lot of companies are operating in the Indian beverage packaging market. Besides, the global players such as Ball Corp., Mondi Plc, Smurfit Kappa Group, and others are also expanding their businesses in India. Thus, this is projected to accelerate the growth of the market over the forecast period. Additionally, these players are focussing on the development of advanced packaging solutions that enhances the shelf life as well as the quality of the product.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
- Segment Covered- By Material, By Product, By Beverage
- Competitive Landscape- Ball Corp., Graham Packaging Co., Huhtamaki Flexible Packaging, Uflex Ltd., and others
India Beverage Packaging Market – Segmentation
By Material
- Glass
- Plastic
- Paper
- Metal
By Product
- Bottles & Jars
- Cans
- Pouches
- Cartons
- Others
By Beverage
- Non-Alcoholic Beverages
- Alcoholic Beverages
A full Report of India Beverage Packaging Market is Available at: https://www.omrglobal.com/industry-reports/india-beverage-packaging-market
Company Profiles
- Ball Corp.
- Bizongo (Smartpaddle Technology Pvt. Ltd.)
- Gerresheimer AG
- Graham Packaging Co.
- Huhtamaki Flexible Packaging
- Innovative Tech Pack Ltd. (ITPL)
- Parksons Packaging Ltd.
- TCPL Packaging Ltd.
- UFlex Ltd.
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