How big is the India Paper Packaging Market?

The India Paper Packaging Market size is expected to reach USD 15.96 billion in 2024 and grow at a CAGR of 19.48% to reach USD 38.87 billion by 2029. Read More

What is the current India Paper Packaging Market size?

In 2024, the India Paper Packaging Market size is expected to reach USD 15.96 billion. Read More

Who are the key players in India Paper Packaging Market?

West Rock India (West Rock Company), Trident Paper Box Industries, TGI Packaging Pvt. Ltd, Kapco Packaging and OJI India Packaging Pvt. Ltd (Oji Holdings Corporation) are the major companies operating in the India Paper Packaging Market. Read More

What years does this India Paper Packaging Market cover, and what was the market size in 2023?

In 2023, the India Paper Packaging Market size was estimated at USD 12.85 billion. The report covers the India Paper Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the India Paper Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

India Paper Packaging Market - Size, Share & Industry Growth Forecast

India Paper Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Paper Packaging Companies in India and is Segmented by Product Type (Corrugated Boxes, Folding Cartons, Paper Bags, and Liquid Board) and End-User Industry (Food, Beverage, Healthcare, Personal Care and Household Care, Hardware and Electrical Products, and Other End-User Industries). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Segments.

India Paper Packaging Industry Overview

The Indian paper packaging market is fragmented with the presence of a large number of players offering solutions in the country, which include West Rock India, Trident Paper Box Industries, TGI Packaging Pvt. Ltd., TCPL Packaging, and Kapco Packaging. These players are undergoing strategic initiatives such as mergers, acquisitions, collaborations, and expansions.

February 2024: JK Paper Limited acquired Manipal Utility Packaging Solutions Private Limited, a company specializing in folding cartons, corrugated boxes, and labels in India, for around INR 800 million. This strategic move is aimed at bolstering JK Paper's offerings in secondary and tertiary packaging while also enhancing operational efficiency.
November 2023: Rengo Co. Ltd secured a 30% stake in Velvin Containers Private Limited, an India-based manufacturer specializing in corrugated packaging. Following the acquisition, the firm rebranded itself as Velvin Rengo Containers Private Limited. The company is part of Velvin Group, which manufactures and distributes corrugated packaging, paper bags, and paper cups across key markets in Mumbai, Goa, and Pune, situated in western India. The company was in the process of constructing a corrugated plant, with plans to commence partial operations by March 2024.