The India paper packaging market size reached US$ 17.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 27.5 Billion by 2032, exhibiting a growth rate (CAGR) of 4.8% during 2024-2032.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 17.7 Billion |
Market Forecast in 2032
|
US$ 27.5 Billion |
Market Growth Rate 2024-2032 | 4.8% |
Paper packaging comprises connected fibers obtained from numerous sources, including paper bags and sacks, liquid paperboard cartons, folding boxes and cases, and corrugated boxes. It is produced by decolorizing fibrous compounds derived from wood or recycled wastewater pulp. It assists in transporting, preserving and protecting a range of items. Moreover, as it is durable, sturdy, lightweight and customizable, it is gaining immense popularity in the pharmaceuticals, glassware and electronics industry across India.
The continuously emerging demand from the food and beverage (F&B), healthcare and personal care sectors represents one of the primary factors bolstering the paper packaging market growth in India. Moreover, the Government of India is undertaking numerous initiatives to minimize the usage of single-use plastics, which is influencing business firms to adopt sustainable and eco-friendly packaging solutions, thereby strengthening the market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the India paper packaging market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on product type, grade, packaging level and end use industry.
Breakup by Product Type:
Breakup by Grade:
Breakup by Packaging Level:
Breakup by End Use Industry:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Features | Details |
---|---|
Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Billion |
Segment Coverage | Product Type, Grade, Packaging Level, 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) |
The India paper packaging market was valued at US$ 17.7 Billion in 2023.
We expect the India paper packaging market to exhibit a CAGR of 4.8% during 2024-2032.
The increasing consumer environmental consciousness, along with the growing adoption of paper-based packaging as an alternative to plastic for minimizing pollution and toxin levels in the environment, is primarily driving the India paper packaging market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across the nation, resulting in the temporary closure of numerous end-use industries for paper packaging.
Based on the product type, the India paper packaging market has been segregated into corrugated boxes, folding boxes and cases, liquid paperboard cartons, paper bags and sacks, and others. Among these, liquid paperboard cartons currently exhibit a clear dominance in the market.
Based on the end use industry, the India paper packaging market can be bifurcated into food, beverages, personal care and home care, healthcare, and others. Currently, beverages hold the largest market share.
On a regional level, the market has been classified into North India, West and Central India, South India, and East India.