India Packaging Market Size, Analysing Key Pack Material (Pack Type, Closure Material and Type, Primary Outer Material and Type), Innovations and Forecast, 2021-2026
Summary
This report brings together multiple data sources to provide a comprehensive overview of the Indian packaging market. It includes market overview, growth analysis by pack material and industry, pack material growth analysis by industry and sector, analysis by pack material, and trends, case studies, and future outlook.
The packaging industry in India is set to witness growth from 373.6 billion units in 2021 to 521.9 billion units in 2026, registering a CAGR of 6.9%. In 2021 flexible packaging, which garnered the maximum share of 73.3%, with continue to dominate through 2026. This was followed by rigid plastics and paper and board with shares of 13.3% and 6.5%, respectively. Flexible packaging material’s low cost and light weight contributes to its significant usage in packaging. The pack material offers easy and convenient storage through resealable packs with zip locks. Rigid metal is anticipated to record the fastest CAGR of 8.9%, during 2021-2026.
Scope
This report brings together multiple data sources to provide a comprehensive overview of the Packaging industry in India, as part of our coverage of the industry across 50 countries. It includes analysis on the following -
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