India Green Packaging Market to Grow at 6.52% During 2024-2032, Propelled by the Rising Environmental Consciousness Amongst the Masses

October 05, 2022 | Packaging

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The latest report by IMARC, titled “India Green Packaging Market Report by Packaging Type (Recycled Content Packaging, Reusable Packaging, Degradable Packaging), End Use Industry (Food Industry, Beverage Industry, Healthcare Industry, Personal Care Industry, and Others), and Region 2024-2032”, finds that India green packaging market is expected to grow at a CAGR of 6.52% during 2024-2032. Green packaging, also known as sustainable packaging, refers to a kind of packaging that utilizes reusable, compostable, or biodegradable materials. It also includes recycling and manufacturing techniques that reduce pollution. Some of the most commonly used materials for packaging include recycled paper, plant-based plastics, Styrofoam, and re-used polyethylene (PE) bags. It utilizes clean-energy, alternative sources, including solar wind and biofuel, for transportation purposes, thereby reducing the consequences of traditional packaging methods on the environment. In recent years, green packaging has gained traction in India as it reduces packaging waste generation, resulting in fewer carbon footprints.

India Green Packaging Market Trends:

One of the primary factors driving the market is the rising environmental consciousness amongst the masses across the country. As a result, green packaging solutions are widely adopted in various industry verticals, including food and beverage (F&B), consumer goods, personal body care, pharmaceutical, and automotive. Other than this, the growing demand for ready-to-cook and ready-to-eat foods owing to the busy lifestyle is positively influencing the market growth. Besides this, numerous favorable initiatives implemented by the Government of India (GoI) to promote the utilization of eco-friendly packaging materials are propelling the market growth. Other growth-inducing factors include rapid urbanization, significant economic development in the country, expanding income levels of the masses, and numerous upgradations in packaging technology.

Market Summary:

Based on the packaging type, the market has been divided into recycled content packaging (paper, plastic, metal, glass, and others), reusable packaging (drum, plastic container, and others), and degradable packaging.
On the basis of the end use industry, the market has been segmented into food, beverage, healthcare, personal care, and other industries.
Region-wise, the market has been classified into North India, West and Central India, South India, and East India.
The competitive landscape of the market has also been analyzed, along with detailed profiles of the key players operating in the industry.

Report Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Million
Segment Coverage	Packaging Type, End Use Industry, Region
Region Covered	North India, West and Central India, South India, East India
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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India Green Packaging Market to Grow at 6.52% During 2024-2032, Propelled by the Rising Environmental Consciousness Amongst the Masses

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