How big is the India Packaging Market?

The India Packaging Market size is expected to reach USD 84.37 billion in 2024 and grow at a CAGR of 11.06% to reach USD 142.56 billion by 2029. Read More

What is the current India Packaging Market size?

In 2024, the India Packaging Market size is expected to reach USD 84.37 billion. Read More

Who are the key players in India Packaging Market?

ITC Limited, Jindal Poly Films Limited, Berry Global Inc., Uflex Limited and Ball India (Ball Corporation) are the major companies operating in the India Packaging Market. Read More

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

In 2023, the India Packaging Market size was estimated at USD 75.04 billion. The report covers the India Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the India Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key challenges faced by the Packaging Industry in India?

The key challenges faced by the Packaging Industry in India: a) Fluctuations in raw material prices b) Regulatory compliance regarding food safety and packaging standards, and c) Managing waste generated from packaging Read More

Packaging Industry in India - Size, Growth, Overview & Report

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

The Packaging Industry in India is Segmented by Material Type (Plastic, Paper, Container Glass, Metal Cans, and Container) by End-User (Food and Beverage, Retail and E-Commerce, Paints and Chemicals, Industrial, Personal Care & Cosmetics, and Other End-Users). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Packaging in India Industry Overview

India's packaging industry is moderately fragmented due to the several players competing to improve their market share. With the rising demand for packaging applications and technological advancement across the Indian economy, many companies are increasing their market presence by expanding their business footprint across various end-user markets.

In February 2023, under the slogan "YiPPee! - A Better World," ITC Limited's YiPPee! announced the introduction of "Terra By YiPPee!" a new waste upcycling initiative scheme. The "Terra By YiPPee!" business uses recyclable wrappers and reuses a variety of recycled YiPPee! wrapper to make eco-friendly lifestyle items, including laptop sleeves, totes, and stationery pouches.

In September 2022, Cosmo First Limited (previously Cosmo Films Limited) commenced the production of specialized BOPET (Biaxially - Oriented Polyethylene Terephthalate) Films) in Aurangabad, Maharashtra. The business previously announced setting up a new production line producing specialized BOPET (biaxially oriented polyethylene terephthalate) films with a capacity of 30,000 MT annually for installation in Aurangabad.