The Indian packaging industry market is anticipated to at a CAGR of 5% during the forecast period. According to the trade and commerce trade association (Assocham), the packaging industry in India is anticipated to reach $73.6 billion by the end of 2020. The growing population, awareness related to the use of packaged items, rise in e-commerce, and the considerable presence of several end-user verticals in the country are among the key factors driving the packaging industry market in India.
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The ongoing digital transformation in the country is expected to increase the total internet user base of India to 829 million by 2021 from 560.01 million as of September 2018, according to the India Brand Equity Foundation (IBEF). The internet economy of India is expected to double from $125 billion as of April 2017 to $250 billion by 2020, primarily supported by e-commerce. The growing e-commerce market in India tends to expand the market share of the packaging industry market.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
India Packaging Industry Market By Material Type
- Plastic
- Metal
- Paper
- Glass
India Packaging Industry Market by End-User Vertical
- Food
- Beverage
- Healthcare
- Cosmetics & Personal Care
- Industrial
- Others (Household Items)
Company Profiles
- Balmer Lawrie & Co. Ltd.
- Cosmo Films, Ltd.
- Essel Propack, Ltd.
- Ester Industries, Ltd.
- Flexituff Ventures International, Ltd.
- Hindustan Tin Works, Ltd.
- Jindal Poly Films, Ltd.
- Kapco Packaging
- OJI India Packaging Pvt, Ltd.
- Parekhplast India, Ltd.
- Parksons Packaging, Ltd.
- Polyplex Corporation, Ltd.
- PR Packagings, Ltd.
- TCPL Packaging, Ltd.
- Time Technoplast, Ltd.
- Uflex, Ltd.
- WestRock India Pvt, Ltd.
The Report Covers
- Comprehensive research methodology of the India packaging industry market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Indian packaging industry market.
- Insights about market determinants which are stimulating the Indian packaging industry market.
- Detailed and extensive market segments with the regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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