Packaging in India Market 2022 Competitive Insights - Kapco Packaging, OJI India Packaging Pvt. Ltd, Parksons Packaging Ltd, PR Packagings Ltd

The Packaging in India Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The Indian packaging market was valued at USD 62.81 billion in 2020, and it is expected to reach USD 258.35 billion by 2026, registering a CAGR of 26.7% during the period of 2021-2026.

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Top Leading Companies of Packaging in India Market are WestRock India Pvt. Ltd, Kapco Packaging, OJI India Packaging Pvt. Ltd, Parksons Packaging Ltd, PR Packagings Ltd, Autofits Packaging Private Limited, Deccan Cans & Printers Pvt. Ltd, Hindustan Tin Works Ltd, Hi-Can Industries Pvt. Ltd, Hindusthan National Glass & Industries Ltd (HNGIL), HSIL Group, Piramal Glass Private Limited, Borosil Glass Works, Haldyn Glass Limited (HGL), Uflex Ltd, TCPL Packaging Ltd, Pearl Polymers Ltd, Essel Propack Limited and others.

Industry News and Updates

February 2020 - Parksons Packaging and HP India introduced a digital printing press for carton packaging. Parksons installed its first HP Indigo 30000 digital press, which is also the first B2-format (20 x 30 inch) digital press in the Indian folding carton industry.

- October 2019 - Piramal Glass recently outlined its investment plans of EUR 30 million, in its premium perfume manufacturing unit. It may invest EUR 15 million into its Kosamba, India container glassmaking site, add three production lines, and meet the increased demand.

Key Market Trends

Plastic Packaging to Have Significant Market Share

- The industries where plastic bottles and jars are mostly used in the country include food and beverage, cosmetics and personal care, and pharmaceutical industries. Polyethylene terephthalate (PET) and HDPE are the preferred materials for manufacturing bottles and jars in India. There are some applications where PVC is still being used to manufacture bottles, jars, and vials. However, due to the increasing environmental concerns, the manufacturers are trying to shift to PET and HDPE.

- Companies, such as Bizongo, is manufacturing the first biodegradable spill-proof meal tray to promote sustainability in the packaging ecosystem.

- Stand-up pouches and pillow pouches are some of the most common types of pouches used in the country. The increasing dairy consumption (especially milk, yogurt, and cream products) and the rising export of dairy products are driving the demand for pillow pouches.

Regional Outlook of Packaging in India Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Packaging in India Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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