NEW YORK, Jan. 26, 2022 /PRNewswire/ -- The packaging market share in India has been segmented into two categories, by product (rigid packaging and flexible packaging) and end-user (food and beverages, pharmaceuticals, consumer electronics, and others). The market share is expected to increase by USD 15.80 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of almost 5%.
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Parent Market Analysis
The global packaging market share in India will be driven by factors such as the expanding packaging sector, rising demand for plastic packaging, and increasing use of glass packaging. Technavio uses the total revenue generated by manufacturers to estimate the global packaging market share in India. External factors influencing the parent market's growth potential in the coming years have been thoroughly investigated in our research analysis, to know more about the levels of growth of the packaging market share in India throughout the forecast period, Download a free sample.
Packaging Market Share in India Value Chain Analysis
To maximize profit margins and evaluate business plans, an end-to-end understanding of packaging market share in India is required. The report will help vendors drive costs and enhance customer services during the forecast period.
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The packaging market share in India is fragmented, and the vendors are deploying various organic and inorganic growth strategies to compete in the market. To make the best of the opportunity, the market vendors should focus more on the fast-growing segment's growth prospect while maintaining their positions in the slow-growing segments.
We provide a detailed analysis of vendors operating in the packaging market share in India, including some of the vendors such as 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.
Backed with competitive intelligence and benchmarking, our research reports on the packaging market share in India are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
Product Insights and News
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The automotive on-board diagnostics (OBD) market share growth in India will be significant during the forecast period. The rise of the consumer electronics industry would have a direct and beneficial impact on the demand for rigid packaging in the country during the projection period. Demand for rigid packaging from end-users such as consumer electronics makers is expected to drive demand for retail-ready packagings, such as folding carton packaging, in India throughout the projected period.
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Key Market Dynamics-
Flexible packaging combines the greatest qualities of paper, aluminum foil, and plastic without jeopardizing the packaged product's freshness, durability, printability, or barrier protection. They're employed as an effective packaging method for extending product shelf life. Flexible packaging's advantages, such as its lightweight, small size, and simplicity of disposal, have made it a viable packaging choice. It has become more popular among food and beverage, consumer durable, and pharmaceutical manufacturers as a result of these causes.
Retailers prefer flexibility because it helps to preserve product quality and extend shelf life while also influencing purchasers throughout the purchasing decision-making process. The organized retail industry in India will experience significant growth as a result of increasing Internet penetration and the growing e-commerce industry in the country. The organized retail market in India is developing due to factors such as changing demographic profiles, rising disposable incomes, growing urbanization, and changing customer tastes and preferences.
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Packaging Market Scope in India
Growth momentum & CAGR
Accelerate at a CAGR of 5.01%
Market growth 2021-2025
$ 15.80 billion
YoY growth (%)
Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled
Amcor Plc, Balmer Lawrie & Co. Ltd., Bilcare Ltd., Constantia Flexibles Group GmbH, Cosmo Films Ltd., Ess Dee Aluminium Ltd., Essel Propack Ltd., FlexiTuff Ventures International Ltd., Huhtamaki Oyj, Jindal Poly Films Ltd., Kapco Packaging, Oji Holdings Corp., Parekh Aluminex Ltd., Polyplex Corp. Ltd., Tetra Laval International SA, Time Technoplast Ltd., TPCL Packaging Ltd., Tri-Wall Ltd., UFlex Ltd., and Uma Group
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
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