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India Food Packaging Market Forecast: Analyzing Growth to US$ 17.88 Billion

06-26-2024 04:13 PM CET | Food & Beverage

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Food Packaging Market

Food Packaging Market

๐ˆ๐ง๐๐ข๐š ๐…๐จ๐จ๐ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ž ๐จ๐ซ ๐ƒ๐ž๐œ๐ซ๐ž๐š๐ฌ๐ž ๐Ÿ๐จ๐ซ ๐ฐ๐ก๐š๐ญ ๐œ๐จ๐ง๐ญ๐š๐ข๐ง๐ฌ??

Packaging, a pivotal sector in India's economy, is experiencing robust growth, propelled by a 24% to 27% annual growth rate, according to the Packaging Industry Association of India (PIAI). The food packaging segment, driven by flexible and rigid packaging, is expected to grow significantly, reflecting the country's expanding consumer base and consumption patterns.

Impact of Environmental Initiatives:

Government initiatives to eliminate single-use plastics by 2022 are reshaping the landscape of the flexible packaging market in India. This regulatory push has created opportunities for new entrants focusing on alternative materials such as paper, ceramics, and wood, which offer biodegradable and environmentally friendly packaging solutions.

India Food Packaging Market size is expected to reach nearly US$ 17.88 Bn by 2026 with the CAGR of 6.22% during the forecast period.

๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‹๐ข๐ง๐ค ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐‚๐ฅ๐ข๐œ๐ค ๐‡๐ž๐ซ๐ž: https://www.maximizemarketresearch.com/request-sample/21196/

๐ˆ๐ง๐๐ข๐š ๐…๐จ๐จ๐ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐ˆ๐ง๐๐ข๐š ๐…๐จ๐จ๐ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ, ๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ:

โ€ข Rigid
โ€ข Semi-rigid
โ€ข Flexible

๐ˆ๐ง๐๐ข๐š ๐…๐จ๐จ๐ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ, ๐›๐ฒ ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ:

โ€ข Paper & Paperboard
โ€ข Plastics
โ€ข Metal
โ€ข Glass
โ€ข Others

๐ˆ๐ง๐๐ข๐š ๐…๐จ๐จ๐ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ, ๐›๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž๐ซ:

โ€ข Bakery & Confectionary
โ€ข Dairy Product
โ€ข Fruits & Vegetables
โ€ข Meat & Seafood
โ€ข Sauces & Dressing
โ€ข Others

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐๐ƒ๐… ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: (๐ˆ๐ง๐œ๐ฅ๐ฎ๐๐ข๐ง๐  ๐…๐ฎ๐ฅ๐ฅ ๐“๐Ž๐‚, ๐‹๐ข๐ฌ๐ญ ๐จ๐Ÿ ๐“๐š๐›๐ฅ๐ž๐ฌ & ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ, ๐‚๐ก๐š๐ซ๐ญ) : https://www.maximizemarketresearch.com/request-sample/21196/

๐ˆ๐ง๐๐ข๐š ๐…๐จ๐จ๐ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐ข๐ง ๐ฐ๐ก๐ข๐œ๐ก ๐ซ๐ž๐ ๐ข๐จ๐ง๐ฌ??

Regulatory Landscape and Recent Developments:

Recent revisions by the Food Safety and Standards Authority of India (FSSAI) have introduced stringent packaging regulations, including migration limits for contaminants in plastic packaging materials. The ban on recycled plastics and newspapers for food packaging underscores the industry's shift towards safer and more sustainable practices.

E-commerce and Packaging Innovation:

The burgeoning e-commerce sector in India, witnessing substantial growth with millions of monthly visitors, has spurred demand for rigid packaging solutions such as corrugated boxes and tamper-proof cartons. This trend is bolstered by the need to safeguard products during transit amidst India's challenging infrastructure.

๐ˆ๐ง๐๐ข๐š ๐…๐จ๐จ๐ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

โ€ข Amcor
โ€ข Ball Corporation
โ€ข Crown Holdings
โ€ข Genpak
โ€ข Graham Packaging
โ€ข Pactiv
โ€ข Tetra Pak International
โ€ข AGI Glasspec
โ€ข Pirama Glass Ltd
โ€ข Parksons Packaging
โ€ข Essel Propack Limited
โ€ข Pearl Polymers Ltd.
โ€ข Piramal Glass Limited
โ€ข Hindustan Tin Works Ltd.
โ€ข Autofits Packaging Private Limited
โ€ข P.R. Packagings Ltd.
โ€ข WestRock India Private Limited

๐ˆ๐ง๐๐ข๐š ๐…๐จ๐จ๐ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐œ๐จ๐ฉ๐ž ๐š๐ง๐ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐Œ๐ž๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ

Market Research Report on India Food Packaging Market capabilities an investigation approximately this marketplace and its numerous factors having an effect on the marketplace and ecosystem. This report educates stakeholders on the investment feasibility, market competition, and key players of the India Food Packaging market. The report covers the sector from a qualitative and quantitative information perspective. The report covers a competitive analysis of the India Food Packaging market. It provides a comprehensive list and includes an in-depth explanation for each requirement. Research uncovers a long list of primary and secondary sources used in India Food Packaging Market analysis, such as governmental organizations, customer feedback, journals, and whitepapers.

๐…๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐จ๐ซ ๐๐ฎ๐ž๐ซ๐ฒ, ๐•๐ข๐ฌ๐ข๐ญ @ : https://www.maximizemarketresearch.com/market-report/india-food-packaging-market/21196/

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐ˆ๐ง๐๐ข๐š ๐…๐จ๐จ๐ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

What is India Food Packaging?
What will be the CAGR at which the India Food Packaging market will grow?
What is the growth rate of the India Food Packaging Market?
Which are the factors expected to drive the India Food Packaging market growth?
What are the different segments of the India Food Packaging Market?
What growth strategies are the players considering to increase their presence in India Food Packaging?
What are the upcoming industry applications and trends for the India Food Packaging Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the India Food Packaging Market?
Who are the leading companies and what are their portfolios in India Food Packaging Market?
What segments are covered in the India Food Packaging Market?
๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‘๐ž๐ฅ๐ž๐ฏ๐š๐ง๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ฎ๐›๐ฃ๐ž๐œ๐ญ๐ฌ:

โ™ฆ Global Audience Response Software Market: https://www.maximizemarketresearch.com/market-report/global-audience-response-software-market/97634/

โ™ฆ Global Syringe Filters Market: https://www.maximizemarketresearch.com/market-report/global-syringe-filters-market/79022/

โ™ฆ Global Automated Blood Tube Labeler & Specimen Transport Box Market: https://www.maximizemarketresearch.com/market-report/global-automated-blood-tube-labeler-specimen-transport-box-market/106381/

โ™ฆ Latin America Medical Robotics Market: https://www.maximizemarketresearch.com/market-report/latin-america-medical-robotics-market/2343/

โ™ฆ Global Backwash Filters Market: https://www.maximizemarketresearch.com/market-report/global-backwash-filters-market/29105/

โ™ฆ Global Marine Boiler Burner Market: https://www.maximizemarketresearch.com/market-report/global-marine-boiler-burner-market/101194/

โ™ฆ Global EnergyEfficient Building Market: https://www.maximizemarketresearch.com/market-report/global-energy-efficient-building-market/62892/

โ™ฆ Global G Meter Market: https://www.maximizemarketresearch.com/market-report/global-g-meter-market/110141/

โ™ฆ Europe Motion Sensor Market: https://www.maximizemarketresearch.com/market-report/europe-motion-sensor-market/4566/

โ™ฆ Global Laminated Aluminium Foil Market: https://www.maximizemarketresearch.com/market-report/global-laminated-aluminium-foil-market/107285/

Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2

Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

sales@maximizemarketresearch.com

+91 96071 95908, +91 9607365656

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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