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India Packaging Industry Market Size, Competitive Analysis, Share, Forecast- 2020-2026

12-19-2020 09:50 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orian Research

India Packaging Industry Market

India Packaging Industry Market

India's packaging industry market is anticipated to exhibit a considerable CAGR during the forecast period (2020-2026). The packaging is the fifth largest sector in India’s economy and is one of the highest growth sectors in the country. According to the Packaging Industry Association of India (PIAI), each year the sector is growing at 22% to 25%. With the growing pharmaceutical industry, the country’s pharmaceutical packaging industry players are working towards the creation of innovative features like digital timers and alarms on pill bottles, dose monitoring and innovative mechanized blister packs. However, the high use of plastic is this kind of packaging is a major factor to restrain its market growth.

To learn more about this report Request a free sample copy @ https://www.omrglobal.com/request-sample/india-packaging-industry-market

With the rising internet penetration and use of online platforms the demand for e-commerce has increased considerably in India. India’s growing e-commerce market is creating demand for rigid packaging that includes cartons and corrugated boxes. This is due to the packaging’s firm structure, and to offer protection from potential damage against India’s poor road infrastructure. The growing consumer awareness regarding the use of packaged food, specifically packaged food deliveries is promoting the growth of the food packaging industry market in the country. In food packaging rules and regulations plays a critical role for instance, as per the Food Safety and Standards Authority of India (FSSAI), the use of recycled plastics and newspaper for food packaging has been banned.

Browse for Full Report Description@ https://www.omrglobal.com/industry-reports/india-packaging-industry-market

India Packaging Industry Market report Segment

By Material Type

Plastic
Metal
Paper
Glass
By End-User Vertical

Food
Beverage
Healthcare
Cosmetics & Personal Care
Industrial
Others (Household Items)
Company Profiles

Balmer Lawrie & Co. Ltd.
Cosmo Films, Ltd.
Essel Propack, Ltd.
Ester Industries, Ltd.
Flexituff Ventures International, Ltd.
Hindustan Tin Works, Ltd.
Jindal Poly Films, Ltd.
Kapco Packaging
OJI India Packaging Pvt, Ltd.
Parekhplast India, Ltd.
Parksons Packaging, Ltd.
Polyplex Corporation, Ltd.
PR Packagings, Ltd.
TCPL Packaging, Ltd.
Time Technoplast, Ltd.
Uflex, Ltd.
WestRock India Pvt, Ltd.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/india-packaging-industry-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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