India Paper Packaging Market Overview

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 4.8% (2024-2032)

The rising environmental concerns in India are driving the adoption of materials that have minimal impact on the planet. According to IMARC Group, The India paper packaging market size reached US$ 17.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 27.5 Billion by 2032, exhibiting a growth rate (CAGR) of 4.8% during 2024-2032.

India Paper Packaging Industry Trends and Drivers:

The India paper packaging market is expanding rapidly, owing to several key factors. Primarily, the market is driven by the increasing need for eco-friendly and sustainable packaging solutions in various sectors, like medicines, e-commerce as well as food & beverage. Besides this, growing consumer consciousness regarding environmental concerns and the detrimental impacts of plastic packaging has accelerated the transition towards paper-based alternatives. In line with these factors, government regulations and initiatives promoting the reduction of plastic waste and encouraging sustainable practices are further boosting the India paper packaging market. Additionally, the rapid growth of the e-commerce sector, fueled by increased internet penetration and online shopping habits, is significantly contributing to the demand for corrugated boxes, paper bags, and cartons.

A significant trend in the India paper packaging market is the innovation in packaging designs and materials to meet industry-specific requirements, such as lightweight, durable, and moisture-resistant paper packaging solutions. Furthermore, manufacturers are adopting advanced technologies like digital printing and sustainable production techniques to enhance product appeal and reduce environmental impact. In addition to these factors, the growing use of recycled paper as well as biodegradable materials aligns with the increasing focus on circular economy practices. Moreover, the demand for premium packaging solutions in sectors like personal care and high-end consumer goods is also shaping the market dynamics. Consequently, the expanding presence of export-oriented industries and the increasing penetration of paper packaging in rural markets are expected to drive the growth of the India paper packaging market over the forecasted period.

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India Paper Packaging Industry Segmentation:

The report has segmented the market into the following categories:

Breakup by Product Type:

• Corrugated Boxes
• Folding Boxes and Cases
• Liquid Paperboard Cartons
• Paper Bags and Sacks
• Others

Breakup by Grade:

• Solid Bleached
• Coated Recycled
• Uncoated Recycled
• Others

Breakup by Packaging Level:

• Primary Packaging
• Secondary Packaging
• Tertiary Packaging

Breakup by End Use Industry:

• Food
• Beverages
• Personal Care and Home Care
• Healthcare
• Others

Breakup by Region:

• North India
• West and Central India
• South India
• East India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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