Packaging Market in India 2021-2025
Technavio has been monitoring the packaging market in India and it is poised to grow by $ 15.80 bn during 2021-2025, progressing at a CAGR of about 5% during the forecast period. Our report on the packaging market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current india market scenario, latest trends and drivers, and the overall market environment. The market is driven by the shift toward the use of flexible packaging and the growth of the organized retail sector in India. In addition, the shift toward the use of flexible packaging is anticipated to boost the growth of the market as well.
The packaging market in India analysis includes product and end-user segments.
Technavio's packaging market in India is segmented as below:
- Rigid packaging
- Flexible packaging
- Food and beverages
- Consumer electronics
This study identifies the growing food processing industry in India as one of the prime reasons driving the packaging market growth in India during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on packaging market in India covers the following areas:
- Packaging market sizing
- Packaging market forecast
- Packaging market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading packaging market vendors in India that include Amcor Plc, Constantia Flexibles Group GmbH, Cosmo Films Ltd., Essel Propack Ltd., Jindal Poly Films Ltd., Oji Holdings Corp., Tetra Laval International SA, TPCL Packaging Ltd., UFlex Ltd., and Uma Group. Also, the packaging market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.