India Packaging Market Share to Increase by USD 15.80 Billion From 2020 to 2025
The packaging market share in India is expected to grow by USD 15.80 billion, accelerating at a CAGR of 5.01% during the forecast period. Technavio's research report offers growth projections of all the market segments, along with an in-depth analysis of all the factors that are likely to boost growth. This research also delves deep into issues that are likely to challenge market growth. This detailed analysis of the market will facilitate marketers in planning a business strategy for the growth of their business. Unlock Free Sample Analysis Report
Packaging Market In India: Market Segments and Growth Forecasts
Technavio's research report will provide insights into the current market share of each segment along with growth projections for the next five years.
- The packaging market in India is segmented by product (rigid packaging and flexible packaging) and end-user (food and beverages, pharmaceuticals, consumer electronics, and others).
- The packaging market growth in India by the rigid packaging segment will be significant during the forecast period.
- The growth of the consumer electronics industry will have a direct and positive impact on the demand for the rigid packaging segment.
- The packaging market report in India provides an accurate prediction of the contribution of all the geographic segments to the growth of the packaging market size in India.
Packaging Market In India: Trends, Drivers, Challenges
The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.
- The shift toward the use of flexible packaging will be a significant factor in driving the growth of the packaging market in India.
- The growth of the organized retail sector in India is the major packaging market trend in India which will positively influence the market growth.
- Government regulations on plastic recycling and the use of single-use plastics a hurdle that needs to be crossed on the path to success.
Packaging Market In India: Vendor Analysis
The market is fragmented due to the presence of several players. Some of the major packaging market vendors in India are:
- Amcor Plc
- Constantia Flexibles Group GmbH
- Cosmo Films Ltd.
- Essel Propack Ltd.
- Jindal Poly Films Ltd.
- Oji Holdings Corp.
- Tetra Laval International SA
- TPCL Packaging Ltd.
- UFlex Ltd.
- Uma Group
Download the Free PDF Sample Report Technavio's custom reports provide market insights at the global and regional levels along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.
The report provides insights into the following FAQs:
- What is the market CAGR?
The market is accelerating at a CAGR of 5.01%.
- What is the incremental growth of the market?
The market is expected to grow by USD 15.80 billion.
- What is a key factor driving this market?
The shift toward the use of flexible packaging will drive market growth over the forecast period.
- Who are the leading market vendors?
The leading vendors in this market are Amcor Plc, Constantia Flexibles Group GmbH, Cosmo Films Ltd., Essel Propack Ltd., Jindal Poly Films Ltd., Oji Holdings Corp., Tetra Laval International SA, TPCL Packaging Ltd., UFlex Ltd., and Uma Group.
- What are the market segments covered in this report?
The market is segmented by Product (rigid packaging and flexible packaging) and End-user (food and beverages, pharmaceuticals, consumer electronics, and others).
