How big is the India Plastic Packaging Market?

The India Plastic Packaging Market size is expected to reach USD 21.77 billion in 2024 and grow at a CAGR of 3.09% to reach USD 25.35 billion by 2029. Read More

What is the current India Plastic Packaging Market size?

In 2024, the India Plastic Packaging Market size is expected to reach USD 21.77 billion. Read More

Who are the key players in India Plastic Packaging Market?

Jindal Poly Films Limited, Uflex Limited, Aptar Group Inc., Berry Global Group, Inc. and Amcor Group GmbH are the major companies operating in the India Plastic Packaging Market. Read More

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

In 2023, the India Plastic Packaging Market size was estimated at USD 21.10 billion. The report covers the India Plastic Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the India Plastic Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

India Plastic Packaging Industry Size | Market Growth Trends & Forecast Report

Plastic Packaging Industry in India Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Indian Plastic Packaging Market Report is Segmented by Packaging Type (Rigid Plastic and Flexible Plastic), End-User (Food, Beverage, Healthcare, Personal Care and Household, and Other End-User Types), and Products (Bottles and Jars, Trays and Containers, Pouches, Bags, Films and Wraps, and Other Product Types). The Market Sizes and Forecasts are Provided in Value (USD) for all the Above Segments.

Competitive Landscape

As the demand for plastic packaging is increasing significantly in India, the market is fragmented. Large, dominant players in the market include Aptar Group Inc., Uflex Limited, Berry Global, Sealed Air Corporation, and Constantia Flexibles. These companies keep innovating and entering into strategic partnerships to retain their market share. For instance,

In April 2024, Manjushree Technopack Limited entered into definitive agreements to acquire Oricon Enterprises Ltd's plastic packaging business for an enterprise value of INR 520 crores (USD 6.29 million). The acquired company included Oriental Containers, a manufacturer of plastic containers and closures used primarily in beverages. With an installed capacity of nearly 15 billion pieces per year, this transaction will double MTL's current market share in the cap and closure sector.
In December 2023, Aptar Pharma, a wholly owned subsidiary of the US-based Aptar Corporation, established its new manufacturing facility in Mumbai, India, to increase production capacity for Southeast Asian markets. Its production capabilities have been further enhanced to improve the manufacturing capacity of pharmaceutical customers in Southeast Asia and to offer more innovative product solutions.