India Packaging Market Size, Analyzing Material Type, Innovations and Forecast to 2028
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India Packaging Market Report Overview
The India packaging industry volume was 388.8 billion units in 2023 and will grow at a CAGR of more than 5% from 2023 to 2028.
India Packaging Market Outlook 2023-2028 (Billion Units)
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The India packaging industry report provides an overview of the usage of different packaging materials across different industries in terms of the number of units, packaging share, and growth rates during 2018–2028. The analysis also provides key packaging innovations for key industries in each of the categories analyzed. The report also includes data and analysis for five-pack materials across several sectors.
Market Size (2023) | 388.8 billion units |
CAGR (2023-2028) | >5% |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Key Industries | · Food
· Non-Alcoholic Beverages · Alcoholic Beverages · Cosmetics and Toiletries · Other Industries |
Key Pack Materials | · Rigid Plastics
· Rigid Metal · Paper & Board · Flexible Packaging · Glass |
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India Packaging Market Segmentation by Pack Material
Flexible Packaging was the most consumed pack material in Indian packaging industry in 2023
The key pack materials in the Indian packaging industry are glass, rigid metal, rigid plastics, paper & board, and flexible packaging. In 2023, flexible packaging accounted for the highest volume share of the Indian packaging industry. Factors such as low cost and flexibility will support the growth of flexible packaging. The latter flexibility makes it suitable for multiple shapes and sizes as well as easy closures (zip-locks). More efficient and sustainable flexible plastics, such as recycled plastics, will gain traction in the future.
India Packaging Market Analysis by Pack Material, 2023 (%)
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India Packaging Market Segmentation by Industries
The food sector led the Indian packaging industry in 2023
The key industries in the Indian packaging industry are food, non-alcoholic beverages, alcoholic beverages, cosmetics and toiletries, and other industries. In 2023, the food sector accounted for the highest share of the Indian packaging industry. Flexible packaging was the most used packaging material in the food industry. Furthermore, prepared meals will be the key growth sector within the food industry for flexible packaging during 2023–28.
India Packaging Market Analysis by Sector, 2023 (%)
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India Packaging Market – Latest Developments
- ID launched a new butter product in a plastic “twist & spread” stick format, targeting a growing consumer preference for convenient and easy-to-use products that align with busy lifestyles. Moreover, the resealable lid allows the butter to be efficiently stored, eliminating the usual mess associated with spreading butter the traditional way.
Segments Covered in this Report
Packaging Industry Sector Outlook (Volume, Billion Units, 2018-2028)
- Food
- Non-Alcoholic Beverages
- Alcoholic Beverages
- Cosmetics and Toiletries
- Other Industries
Packaging Industry Pack Material Outlook (Volume, Billion Units, 2018-2028)
- Flexible Packaging
- Rigid Plastics
- Paper & Board
- Rigid Metal
- Glass
Scope
This report utilizes multiple data sources to provide a comprehensive overview of the packaging industry in India as part of our coverage of the industry across 48 countries. It includes an analysis of the following:
- Market overview: Provides an overview of the usage of different packaging materials across different industries in terms of the number of units, packaging share, and growth rates during 2018–28. Additionally, it explores packaging innovations for leading industries in each packaging material analyzed.
- Growth in the use of pack material by industry: Provides an overview of the shift in the utilization of various pack materials across leading industries during 2023–28.
- Key pack materials: Includes data and analysis—number of units (millions) and growth rates—for five key pack materials, namely rigid plastics, rigid metal, glass, paper & board, and flexible packaging, during 2018–28. It also includes data and analysis for pack materials other than the previously mentioned five. Additionally, the section covers:
- Pack sub-type: Includes aerosol – metal, box – rigid plastic, carton – carton board, box – liquid packaging board, box – other material, foil – aluminum, pod – paper, flexible plastic, tray – aluminum, tube – flexible plastic, other flexible packaging pack types – all sub-types, HDPE, PET, etc.
- Pack type: Includes aerosol, bag-in-box, bag/sachet, blister pack, bottle, box, bubble top, can, carton-folding, carton-liquid, clamshell, etc.
- Closure material: Includes metal, plastic, glass, natural cork, synthetic cork, and others.
- Closure type: Includes cap, crown, dispenser, film, flip/snap top, foil, lever closure, plastic tie, prize off, screw top, sports cap, stopper, and twist off.
- Primary outer material: Includes flexible packaging, board, rigid plastic, and others.
- Primary outer type: Includes bag, blister pack, carton-folding, shrink wrap, sleeve, and others.
Reasons to Buy
- Manufacturers and retailers seek the latest information on how the market is evolving to formulate their sales and marketing strategies. There is also a demand for authentic market data with a high level of detail.
- This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities for growth within the sector in the region.
- The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape, and demographic analysis, that can help companies gain insight into the country-specific nuances.
- The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, which can help companies in revenue expansion.
- To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates.
Table of Contents
Frequently asked questions
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What was the India packaging industry volume in 2023?
The India packaging industry volume was 388.8 billion units in 2023.
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What will the India packaging industry growth rate be during the forecast period?
The India packaging industry will grow at a CAGR of more than 5% during 2023-2028.
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Which sector dominated the India packaging industry in 2023?
In 2023, the food sector dominated the India packaging industry.
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Which was the most consumed pack material in India packaging industry in 2023?
Flexible packaging was the most consumed pack material in India packaging industry in 2023.
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