India Industrial Packaging Market Overview

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 7.20% (2024-2032)

The India industrial packaging market is driven by expanding manufacturing, e-commerce, and logistics sectors, ensuring robust growth. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 7.20% from 2024 to 2032.

India Industrial Packaging Market Trends and Drivers:

The expansion of key industries including pharmaceuticals, chemicals, food and beverages, e-commerce, etc., are the factors responsible for the growth of the India industrial packaging market. Additionally, there is a growing need for durable and efficient packaging solutions that can protect goods during storage and transportation with increasing manufacturing output and a rise in export activities.

The booming e-commerce sector has particularly contributed to this demand, as businesses require reliable packaging to ensure products reach consumers safely. Moreover, initiatives by government authorities like “Make in India” are encouraging manufacturing growth, further boosting the need for industrial packaging in sectors ranging from automotive to consumer goods. 

A strong shift toward sustainability and eco-friendly packaging solutions is augmenting the India industrial packaging market. In addition to this, as environmental concerns rise and regulations around plastic use become stricter, companies are highly adopting recyclable, biodegradable, and reusable materials. Sustainable packaging solutions are gaining popularity across industries, particularly in the food and pharmaceutical sectors, where there is a growing preference for eco-conscious packaging.

Another significant trend is the rising demand for flexible packaging, which is cost-effective and offers greater convenience in terms of handling and storage. Technological innovations, such as smart packaging with integrated features like RFID tags and QR codes for real-time tracking, are also gaining traction, improving supply chain transparency and efficiency. These trends, combined with the continued industrial growth and increasing focus on reducing the environmental impact of packaging, are expected to drive the expansion of the India industrial packaging market in the coming years.

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India Industrial Packaging Market Industry Segmentation:

The report has segmented the market into the following categories:

Breakup by Product:

• Intermediate Bulk Containers (IBCs)
• Sacks
• Drums
• Pails
• Others

Breakup by Material:

• Paperboard
• Plastic
• Metal
• Wood
• Fiber

Breakup by Application:

• Chemical and Pharmaceutical
• Building and Construction
• Food and Beverage
• Oil and Lubricant
• Agriculture and Horticulture
• 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.

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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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