India Containerboard Market by Material (Virgin Fibres, Recycled Fibres, and Mixed Fibres), by Type (Linerboard and Flutting), by Wall Type (Single Face, Single Wall, Double Wall, and Triple Wall), and by End-User (Food and Beverage, Consumer Electronics,

India Containerboard Market by Material (Virgin Fibres, Recycled Fibres, and Mixed Fibres), by Type (Linerboard and Flutting), by Wall Type (Single Face, Single Wall, Double Wall, and Triple Wall), and by End-User (Food and Beverage, Consumer Electronics, Personal Care and Cosmetics, and Others End-User) – Opportunity Analysis and Industry Forecast, 2024–2030

India Containerboard Market size was valued at USD 3.09 billion in 2023 and is predicted to reach USD 4.04 billion by 2030, with a CAGR of 3.61% from 2024 to 2030. In terms of volume the market size was 5455 kilotons in 2023 and is projected to reach 8362 kilotons in 2030, with a CAGR of 5.56% from 2024 to 2030.

The containerboard market in India is expanding due to increasing trade activities in the country. With India's exports on the rise, there is a growing demand for reliable packaging solutions. Containerboard emerges as a key player in meeting this demand, offering durability and versatility for packaging various products destined for global markets. According to OEC World reports, India's exports have witnessed remarkable growth over the past five years, propelling the country to become the world's 15th largest exporter by 2022. The total value of India's exports surged by USD 159 billion during this period, climbing from USD 309 billion in 2017 to USD 468 billion in 2022. This significant growth underscores a substantial expansion in India's export volume, highlighting the pivotal role of containerboard in the country's packaging industry.

However, the proliferation of alternative packaging materials including plastics, metals, glass, and composites poses a potential challenge to containerboard demand. These substitutes could potentially undermine containerboard's market position, particularly if they offer cost advantages or superior performance in specific applications. Advancements in these materials, particularly in terms of sustainability and functionality, could lead to their increased adoption by industries traditionally reliant on containerboard, potentially eroding its market share.

On the contrary, the containerboard market is anticipated to witness significant growth through the integration of emerging technologies like nanotechnology and smart packaging. These innovations facilitate the development of high-performance containerboard products that are cost-efficient, versatile, and offer enhanced customization and branding opportunities. Nanotechnology and smart packaging solutions enable features such as active protection and real-time monitoring, further enhancing product appeal and functionality.

 

Segment Overview

India containerboard market is segmented based on material, type, wall type, application, and end-user.
• Based on material, the market is segmented into virgin fibres, recycled fibres, and mixed fibres.
• Based on type, the market is segmented into linerboard and flutting.
• Based on wall type, the market is segmented into single face, single wall, double wall, and triple wall.
• Based on end-user, the market is segmented into food and beverage, personal care and cosmetics, consumer electronics, and other end-user.

Key Benefits
• India containerboard market report provides a quantitative analysis of the current market and estimations through 2024-2030 that assists in identifying the prevailing market opportunities to capitalize on.
• The study comprises a deep dive analysis of the market trend including the current and future trends for depicting the prevalent investment pockets in the market.
• The information related to key drivers, restraints, and opportunities and their impact on the market is provided in the report.
• The competitive analysis of the market players along with their market share in India containerboard market.
• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
• Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.