Market Overview:
India flexible packaging market size is projected to exhibit a growth rate (CAGR) of 12.90% during 2024-2032. The rise of e-commerce, which has increased the demand for packaging that is durable, lightweight, and space-efficient, is driving the market.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) |
12.90% |
Flexible packaging refers to a versatile and dynamic type of packaging that is easily adaptable to various shapes and sizes. It typically involves materials such as plastic, paper, foil, and other laminates, allowing for a wide range of packaging solutions. This type of packaging is popular for its lightweight nature, cost-effectiveness, and ability to extend the shelf life of products by providing barrier properties against moisture, oxygen, and light. Flexible packaging is commonly used for food items, pharmaceuticals, personal care products, and more. Its flexibility allows for innovative designs and convenient features like resealable closures and easy-to-open mechanisms. Additionally, flexible packaging is often considered more sustainable than traditional rigid packaging, as it requires fewer resources and generates less waste. Its adaptability makes it a preferred choice in the packaging industry for meeting diverse consumer and industry needs.
India Flexible Packaging Market Trends:
The flexible packaging market in India is experiencing robust growth, driven by several key factors. Firstly, the increasing demand for convenience and on-the-go lifestyles has propelled the popularity of flexible packaging solutions. Additionally, advancements in technology have enabled manufacturers to develop innovative and cost-effective packaging materials, fostering market expansion. Moreover, the emphasis on sustainability has led to a surge in the adoption of eco-friendly and recyclable flexible packaging options, aligning with the regional push for environmentally conscious practices. Furthermore, the food and beverage industry's dynamic nature, coupled with changing consumer preferences, has fueled the need for flexible packaging solutions that offer extended shelf life and product freshness. The pharmaceutical sector, too, has contributed to the market's growth, with a rising requirement for flexible and protective packaging for drugs and medical devices. The ease of printing on flexible materials allows for attractive branding and labeling, enhancing product visibility and market competitiveness. In conclusion, a confluence of factors, including lifestyle shifts, technological advancements, sustainability concerns, and evolving industry demands, has propelled the regional flexible packaging market forward, making it a dynamic and pivotal sector in the broader packaging industry landscape.
India Flexible Packaging Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on product type, raw material, printing technology, and application.
Product Type Insights:
- Printed Rollstock
- Preformed Bags and Pouches
- Others
The report has provided a detailed breakup and analysis of the market based on the product type. This includes printed rollstock, preformed bags and pouches, and others.
Raw Material Insights:
- Plastic
- Paper
- Aluminium Foil
- Cellulose
A detailed breakup and analysis of the market based on the raw material have also been provided in the report. This includes plastic, paper, aluminium foil, and cellulose.
Printing Technology Insights:
- Flexography
- Rotogravure
- Digital
- Others
The report has provided a detailed breakup and analysis of the market based on the printing technology. This includes flexography, rotogravure, digital, and others.
Application Insights:
- Food and Beverages
- Pharmaceuticals
- Cosmetics
- Others
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes food and beverages, pharmaceuticals, cosmetics, and others.
Regional Insights:
- North India
- West and Central India
- South India
- East and Northeast India
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East and Northeast India.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
India Flexible Packaging Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
- Product Type
- Raw Material
- Printing Technology
- Application
- Region
|
Product Types Covered |
Printed Rollstock, Preformed Bags and Pouches, Others |
Raw Materials Covered |
Plastic, Paper, Aluminium Foil, Cellulose |
Printing Technologies Covered |
Flexography, Rotogravure, Digital, Others |
Applications Covered |
Food and Beverages, Pharmaceuticals, Cosmetics, Others |
Regions Covered |
North India, West and Central India, South India, East and Northeast 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) |
Key Questions Answered in This Report:
- How has the India flexible packaging market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the India flexible packaging market?
- What is the breakup of the India flexible packaging market on the basis of product type?
- What is the breakup of the India flexible packaging market on the basis of raw material?
- What is the breakup of the India flexible packaging market on the basis of printing technology?
- What is the breakup of the India flexible packaging market on the basis of application?
- What are the various stages in the value chain of the India flexible packaging market?
- What are the key driving factors and challenges in the India flexible packaging?
- What is the structure of the India flexible packaging market and who are the key players?
- What is the degree of competition in the India flexible packaging market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India flexible packaging market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the India flexible packaging market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India flexible packaging industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.