India Packaging Market Set to Skyrocket, Projected to Reach USD 653.57 Billion by 2030

𝐈𝐧𝐝𝐢𝐚 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐨𝐫 𝐃𝐞𝐦𝐚𝐧𝐝 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐨𝐫 𝐃𝐞𝐜𝐫𝐞𝐚𝐬𝐞 𝐟𝐨𝐫 𝐰𝐡𝐚𝐭 𝐜𝐨𝐧𝐭𝐚𝐢𝐧𝐬

𝐈𝐦𝐩𝐚𝐜𝐭 𝐨𝐟 𝐂𝐎𝐕𝐈𝐃-19 𝐚𝐧𝐝 𝐄-𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐞 𝐁𝐨𝐨𝐦

The COVID-19 pandemic has significantly impacted consumer behavior, leading to a dramatic shift towards online shopping. The report highlights how the lockdowns and social distancing measures have accelerated the growth of e-commerce, which in turn has bolstered the demand for packaging. According to eMarketer, 83% of customers are unlikely to purchase from an online retailer again after a poor experience, emphasizing the critical role of effective packaging in customer satisfaction.

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐨𝐟 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡

1. Increasing E-commerce Transactions: The Indian e-commerce market has experienced exponential growth, expected to reach USD 200 billion by 2027, up from USD 38.5 billion in 2017. This surge is attributed to higher internet and smartphone penetration and the ongoing digital revolution. The report notes a 130% spike in online orders following the initial decline during the lockdown in March 2020.

2. First-time Online Shoppers: The pandemic has introduced a significant number of first-time online shoppers, contributing to the growth of e-commerce. Tier II and III cities are witnessing a notable increase in online shopping, supported by major players like Amazon and Flipkart offering local language content on their platforms.

3. Consumer Preferences: The post-lockdown statistics reveal a systemic shift in consumer preferences from offline to online shopping. Local retail outlets are also digitizing to compete with major e-commerce platforms, further driving the demand for packaging.

𝐈𝐧𝐝𝐢𝐚 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐑𝐚𝐭𝐞 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭:

The India Packaging Market is on the brink of a massive expansion, with projections indicating a compound annual growth rate (CAGR) of 26.1% from 2024 to 2030. The market, valued at USD 128.91 billion in 2023, is expected to reach a staggering USD 653.57 billion by 2030. This growth is driven by various factors, including the surge in e-commerce, rising consumer awareness, and technological advancements in packaging solutions.

𝐆𝐫𝐚𝐛 𝐘𝐨𝐮𝐫 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.maximizemarketresearch.com/request-sample/110868/
𝐈𝐧𝐝𝐢𝐚 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the "India Packaging Market". The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the India Packaging market, with forecasts outspreading to the year.

𝐈𝐧𝐝𝐢𝐚 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

♦ 𝐛𝐲 𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥

Paper & Paperboard
Plastics
Metal
Glass
Others

Over the past six to seven years, India's e-commerce market has grown significantly. It is projected that the Indian e-commerce market will expand from USD 38.5 billion in 2017 to USD 200 billion by 2027. This development is probably being driven by the nation's continuous digital revolution as well as an increase in smartphone and internet adoption. Following India's lockdown in March 2020, the e-commerce industry saw a brief downturn for a few weeks, but after markets were reopened, it recovered and witnessed an increase. Direct brand websites and markets saw an overall 130 percent increase in online orders.

♦ 𝐛𝐲 𝐄𝐧𝐝 𝐔𝐬𝐞𝐫

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

End-user Industries: Food processing is the largest consumer of packaging, accounting for 45% of the market, followed by pharmaceuticals (25%) and personal care products (10%). The demand for packaging in the food and beverages sector is particularly strong, driven by the need for essential and shelf-stable food products.

♦ 𝐛𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭

Rigid
Semi-rigid
Flexible

𝐓𝐨 𝐚𝐜𝐜𝐞𝐬𝐬 𝐦𝐨𝐫𝐞 𝐝𝐞𝐭𝐚𝐢𝐥𝐬 𝐫𝐞𝐠𝐚𝐫𝐝𝐢𝐧𝐠 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐯𝐢𝐬𝐢𝐭 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐰𝐞𝐛𝐩𝐚𝐠𝐞: https://www.maximizemarketresearch.com/request-sample/110868/
𝐈𝐧𝐝𝐢𝐚 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐜𝐨𝐩𝐞 𝐚𝐧𝐝 𝐌𝐞𝐭𝐡𝐨𝐝𝐨𝐥𝐨𝐠𝐲:

A wealth of information on significant subjects, including those that are expected to support the industry's growth and upcoming issues, is included in the market research report India Packaging. The industry's competitive landscape, investment potential in the India Packaging market, and items promoted by well-known brands will all be thoroughly understood by stakeholders. The sector's quantitative and qualitative elements are examined in the study. A detailed examination of the competition for the India Packaging Market is one of the things the MMR probe looks into.

The analysis includes a detailed list of needs along with a full justification for each. Numerous primary and secondary information sources, such as official government documents, websites, annual reports, and expert and professional sources, were considered when developing the India Packaging Market.

𝐅𝐮𝐭𝐮𝐫𝐞 𝐎𝐮𝐭𝐥𝐨𝐨𝐤

The comprehensive report aims to provide stakeholders with a clear understanding of the India Packaging Market's dynamics and future prospects. It includes detailed analyses of market segments, technological trends, and the competitive landscape, offering valuable insights for decision-makers.

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐚𝐧𝐝 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐈𝐧𝐢𝐭𝐢𝐚𝐭𝐢𝐯𝐞𝐬

The competitive analysis highlights the strategies of key players in the market, including market leaders, followers, and new entrants. The report employs analytical tools such as PORTER, PESTEL, and SWOT to assess the potential impact of micro-economic factors on the market, providing a clear futuristic view of the industry.

𝐈𝐧𝐝𝐢𝐚 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬

1. Amcor
2. Ball Corporation
3. Crown Holdings
4. Genpak
5. Graham Packaging
6. Pactiv
7. Tetra Pak International
8. AGI Glasspec
9. Pirama Glass Ltd
10. Parksons Packaging
11. Essel Propack Limited
12. Pearl Polymers Ltd.
13. Piramal Glass Limited
14. Hindustan Tin Works Ltd.
15. Autofits Packaging Private Limited
16. P.R. Packagings Ltd.
17. WestRock India Private Limited.

𝐂𝐨𝐧𝐜𝐥𝐮𝐬𝐢𝐨𝐧

The India Packaging Market is poised for unprecedented growth, driven by the e-commerce boom, rising consumer awareness, and advancements in packaging technology. As the market evolves, stakeholders are advised to stay abreast of trends and innovations to capitalize on the burgeoning opportunities.

𝐔𝐧𝐜𝐨𝐯𝐞𝐫 𝐈𝐧-𝐃𝐞𝐩𝐭𝐡 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: https://www.maximizemarketresearch.com/market-report/india-packaging-market/110868/
𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭𝐬: 𝐈𝐧𝐝𝐢𝐚 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭
Section 01: Overview
Section 02: Report Scope for the India Packaging Market
Section 03: Landscape of the India Packaging Market
Section 04: Size of the India Packaging Market
Section 05: Types of India Packaging Market Segmentation
Section 06: Analysis of Competitive Forces
Section 07: Profile of Customers
Section 08: Geographic Analysis
Section 09: Decision-Making Framework
Section 10: Factors Driving and Hindering Growth
Section 11: Current Market Developments
Section 12: Assessment of Market Participants
Section 13: Detailed Analysis of Vendors

𝐊𝐞𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐬𝐰𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐈𝐧𝐝𝐢𝐚 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞:

What is India Packaging?
What is the growth rate of the India Packaging Market?
Which are the factors expected to drive the India Packaging market growth?
What is the CAGR at which the India Packaging market will grow during the forecast period?
What are the different segments of the India Packaging Market?
Which is the fastest growing region in the India Packagingmarket?
What growth strategies are the players considering to increase their presence in India Packaging?
What are the upcoming opportunities and trends for the India Packaging Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the India Packaging Market?
Who are the leading companies and what are their portfolios in India Packaging Market?
What segments are covered in the India Packaging Market?
Who are the key players in the India Packaging market?
𝐊𝐞𝐲 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2024-2030
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
𝐂𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐚𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐫𝐞𝐥𝐞𝐯𝐚𝐧𝐭 𝐫𝐞𝐩𝐨𝐫𝐭𝐬:

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𝐎𝐮𝐫 𝐀𝐝𝐝𝐫𝐞𝐬𝐬:

MAXIMIZE MARKET RESEARCH PVT. LTD.
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Pune, Maharashtra 411041, India.
✆ +91 9607365656
🖂 sales@maximizemarketresearch.com
🌐 www.maximizemarketresearch.com

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.

This release was published on openPR.