Market Share of India Food & Beverage Packaging Industry
The food and beverage packaging industry in India is moderately competitive due to the numerous businesses vying to increase their market share. Some major players in the market are Parekhplast India Limited, Essel Propack Limited, Pearl Polymers Ltd, TCPL Packaging Ltd, and UFlex Ltd. Businesses are spreading their business footprint across numerous end-user markets to increase their market presence.
In January 2022, Parksons Packaging Ltd acquired Manohar Packaging, a new entity to have a presence across India, whereas MPPL will continue as a subsidiary. However, all back-end operations, reporting, and data management will be merged and streamlined with immediate effect to offer clients a seamless experience with a newer and larger network of plants, with clubbed and standardized materials management.
Food Packaging in India Market Leaders
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Parekhplast India Limited
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Essel Propack Limited
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Pearl Polymers Ltd
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TCPL Packaging Ltd
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UFlex Ltd
*Disclaimer: Major Players sorted in no particular order