India Flexible Packaging Market is Predicted To Grow at a CAGR of 12.90% by 2032

India Flexible Packaging Market is Predicted To Grow at a CAGR of 12.90% by 2032

India Flexible Packaging Market Overview

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 12.90% (2024-2032)

The India flexible packaging market is growing due to rising consumer demand, sustainability trends, and advancements in packaging technology. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 12.90% from 2024 to 2032.

India Flexible Packaging Market Trends and Drivers:

The India flexible packaging market is experiencing significant growth, driven by the increasing demand for packaged consumer goods across sectors like food & beverage, pharmaceuticals, and personal care. Rising urbanization and disposable incomes are further fueling consumer preference for convenient, portable packaging solutions.

Flexible packaging is gaining popularity due to its lightweight, cost-effective, and durable properties, making it a preferred choice for both manufacturers and consumers. Additionally, the rapid expansion of e-commerce is accelerating the need for protective yet lightweight packaging to reduce shipping costs. Its ability to extend shelf life and enhance product safety further boosts its adoption across various industries.

A major trend shaping the market is the shift towards sustainable and eco-friendly packaging. With growing environmental awareness, businesses and consumers are increasingly opting for biodegradable, recyclable, and reusable materials. This has spurred innovations in sustainable solutions, such as compostable films and bio-based plastics.

Technological advancements are also enabling the production of high-barrier flexible packaging that offers superior protection against moisture, light, and oxygen, ensuring longer product shelf life. Moreover, the pharmaceutical sector is witnessing rising adoption of flexible packaging for secure, tamper-evident solution. Government regulations promoting sustainability and reducing plastic waste are expected to further drive the market’s growth in the coming years.

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India Flexible Packaging Market Industry Segmentation:

The report has segmented the market into the following categories:

Breakup by Product Type:

  • Printed Rollstock
  • Preformed Bags and Pouches
  • Others

Breakup by Raw Material:

  • Plastic
  • Paper
  • Aluminium Foil
  • Cellulose

Breakup by Printing Technology:

  • Flexography
  • Rotogravure
  • Digital
  • Others

Breakup by Application:

  • Food and Beverages
  • Pharmaceuticals
  • Cosmetics
  • Others

Breakup by Region:

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

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=21804&flag=C

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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