Flexible Packaging Market In India 2023-2027
Technavio has been monitoring the flexible packaging market in India and is forecast to grow by $18.65 bn during 2022-2027, accelerating at a CAGR of 12.6% during the forecast period. Our report on the flexible 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by a shift toward flexible packaging due to high logistics costs in India, the growing retail industry in India, and the increase in demand for digitally printed packaging.
Technavio's flexible packaging market in India is segmented as below:
By End-user
- Food and beverage industry
- Pharmaceutical industry
- Personal care industry
- Others
By Material
This study identifies the increasing use of stand-up pouches as one of the prime reasons driving the flexible packaging market growth during the next few years. Also, the growing popularity of aseptic packaging in India and rising demand for single-serve and multi-packs will lead to sizable demand in the market.
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 the flexible packaging market in India covers the following areas:
- Flexible packaging market sizing
- Flexible packaging market forecast
- Flexible 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 flexible packaging market vendors that include Amcor Plc, Berry Global Inc., Bilcare Ltd., Constantia Flexibles Group GmbH, Cosmo Films Ltd., GARWARE HI TECH FILMS Ltd., Huhtamaki Oyj, Jindal Poly Films Ltd., Multiflex Packaging, Packone Solutions LLP, Paharpur 3P, Polyplex Corp. Ltd., Pouch Makers Canada Inc., SOLOS POLYMERS PVT. LTD., Sonoco Products Co., Tetra Pak Group, TPCL Packaging Ltd., UFlex Ltd., and Uma Polymers Ltd. Also, the flexible 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.