India Food Packaging Market to Soar to US$ 17.88 Billion by 2026

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

𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐆𝐫𝐨𝐰𝐭𝐡

Packaging is a crucial sector in India's economy, ranking as the fifth largest and one of the highest growth sectors. According to the Packaging Industry Association of India (PIAI), the sector is expanding at an impressive rate of 24% to 27% per annum. With the rising population and increasing income levels, the demand for food packaging is set to surge.

𝐈𝐦𝐩𝐚𝐜𝐭 𝐨𝐟 𝐂𝐎𝐕𝐈𝐃-19

The report analyzes the impact of the COVID-19 pandemic on the revenue of market leaders, followers, and disruptors. The pandemic has highlighted the importance of safe and hygienic packaging, further accelerating the growth of the food packaging industry.

𝐈𝐧𝐝𝐢𝐚 𝐅𝐨𝐨𝐝 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐑𝐚𝐭𝐞 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭:

The Indian food packaging market is poised for significant growth, with projections estimating it will reach nearly US$ 17.88 billion by 2026, growing at a compound annual growth rate (CAGR) of 6.22% during the forecast period.

𝐆𝐫𝐚𝐛 𝐘𝐨𝐮𝐫 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.maximizemarketresearch.com/request-sample/21196/

𝐈𝐧𝐝𝐢𝐚 𝐅𝐨𝐨𝐝 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the "India Food 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 Food Packaging market, with forecasts outspreading to the year.

𝐈𝐧𝐝𝐢𝐚 𝐅𝐨𝐨𝐝 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

𝐈𝐧𝐝𝐢𝐚 𝐅𝐨𝐨𝐝 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐛𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭:

• Rigid
• Semi-rigid
• Flexible

Product Segmentation and Government Regulations
Flexible packaging is expected to grow at a rate of around X7%, although this growth may slow by 2022 as the Indian government aims to eliminate single-use plastics. This regulatory shift creates opportunities for new entrants in the market to innovate with alternative packaging solutions.

Companies worldwide are focusing on India to provide sustainable packaging solutions. PET is the dominant material for packaging water, accounting for a significant share of the market. The demand for PET bottles and liquid packaging cartons is expected to rise due to their longer shelf life and ease of transportation. Renewable and biodegradable materials such as paper, ceramics, and wood are also predicted to gain traction.

𝐈𝐧𝐝𝐢𝐚 𝐅𝐨𝐨𝐝 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐛𝐲 𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥:

• Paper & Paperboard
• Plastics
• Metal
• Glass
• Others

𝐈𝐧𝐝𝐢𝐚 𝐅𝐨𝐨𝐝 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐛𝐲 𝐄𝐧𝐝 𝐔𝐬𝐞𝐫:

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

𝐓𝐨 𝐚𝐜𝐜𝐞𝐬𝐬 𝐦𝐨𝐫𝐞 𝐝𝐞𝐭𝐚𝐢𝐥𝐬 𝐫𝐞𝐠𝐚𝐫𝐝𝐢𝐧𝐠 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐯𝐢𝐬𝐢𝐭 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐰𝐞𝐛𝐩𝐚𝐠𝐞: https://www.maximizemarketresearch.com/request-sample/21196/

𝐈𝐧𝐝𝐢𝐚 𝐅𝐨𝐨𝐝 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 Food Packaging. The industry's competitive landscape, investment potential in the India Food 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 Food 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 Food Packaging Market.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 𝐚𝐧𝐝 𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬

Researchers anticipate the Indian packaging industry will reach US$ 75 billion by the 2020 financial year. The industry faces challenges such as unclear food packaging regulations, consumer opinions on viable packaging, and the push for environmentally friendly materials.

Ecological packaging has seen growth due to increased consumption of packaged food and heightened awareness of quality products. Earlier this year, the Food Safety and Standards Authority of India (FSSAI) announced new packaging regulations to replace the 2011 provisions. The new regulations include stricter migration limits for contaminants in plastic packaging, bans on recycled plastics and newspapers for food packaging, and revised labeling protocols.

𝐄-𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐞 𝐈𝐧𝐟𝐥𝐮𝐞𝐧𝐜𝐞

The e-commerce retail packaging sector has grown significantly, with 65 million monthly visitors and an annual increase of 55%. India's e-commerce revenue is expected to grow at the highest rate in the world, reaching $1X0 billion in 2020 from $30 billion in 2016. This sector's growth drives demand for rigid packaging, such as corrugated boxes and cartons, which protect against damage during transportation.

𝐈𝐧𝐝𝐢𝐚 𝐅𝐨𝐨𝐝 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬

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

𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐛𝐣𝐞𝐜𝐭𝐢𝐯𝐞𝐬 𝐚𝐧𝐝 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬

The report aims to provide a comprehensive analysis of the Indian food packaging market, including key stakeholders and market dynamics. It presents the past and current status of the industry, forecasts market size and trends, and offers a clear analysis of key players, including market leaders, followers, and new entrants.

The study includes a detailed examination of the market structure, segmentation, and regional presence. PORTER, SVOR, and PESTEL analyses, along with the potential impact of micro-economic factors, are presented to give decision-makers a clear futuristic view of the industry. The report serves as an investor's guide, offering a clear representation of the competitive landscape by distribution channel, type, and region.

As the Indian food packaging market continues to grow and evolve, businesses and investors are poised to benefit from the dynamic and expanding landscape.

𝐔𝐧𝐜𝐨𝐯𝐞𝐫 𝐈𝐧-𝐃𝐞𝐩𝐭𝐡 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: https://www.maximizemarketresearch.com/market-report/india-food-packaging-market/21196/

𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭𝐬: 𝐈𝐧𝐝𝐢𝐚 𝐅𝐨𝐨𝐝 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭

Section 01: Overview
Section 02: Report Scope for the India Food Packaging Market
Section 03: Landscape of the India Food Packaging Market
Section 04: Size of the India Food Packaging Market
Section 05: Types of India Food 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 𝐅𝐨𝐨𝐝 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞:

What is India Food Packaging?
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 is the CAGR at which the India Food Packaging market will grow during the forecast period?
What are the different segments of the India Food Packaging Market?
Which is the fastest growing region in the India Food Packagingmarket?
What growth strategies are the players considering to increase their presence in India Food Packaging?
What are the upcoming opportunities 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?
Who are the key players in the India Food Packaging market?
𝐊𝐞𝐲 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬:

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
𝐂𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐚𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐫𝐞𝐥𝐞𝐯𝐚𝐧𝐭 𝐫𝐞𝐩𝐨𝐫𝐭𝐬:

♣ Global Insulated Packaging Market https://www.maximizemarketresearch.com/market-report/global-insulated-packaging-market/29439/

♣ Global Ultracapacitor Market https://www.maximizemarketresearch.com/market-report/global-ultra-capacitor-market/34568/

♣ Global Industrial Insulation Market https://www.maximizemarketresearch.com/market-report/global-industrial-insulation-market/23315/

♣ Global Metal Replacement Market https://www.maximizemarketresearch.com/market-report/global-metal-replacement-market/16918/

♣ Japan Electric Vehicle Market https://www.maximizemarketresearch.com/market-report/japan-electric-vehicle-motor-market/65065/

♣ Autonomous / Self-Driving Cars Market https://www.maximizemarketresearch.com/market-report/autonomous-self-driving-cars-market/161327/

♣ Global Lawn and Garden Equipment Market https://www.maximizemarketresearch.com/market-report/global-lawn-and-garden-equipment-market/93286/

♣ Global Tattoo Removal Market https://www.maximizemarketresearch.com/market-report/global-tattoo-removal-market/110236/

♣ Global Aluminum Curtain Wall Market https://www.maximizemarketresearch.com/market-report/global-aluminum-curtain-wall-market/66714/

♣ Global Intelligent Remote Terminal Unit Market https://www.maximizemarketresearch.com/market-report/global-intelligent-remote-terminal-unit-market/90087/

𝐎𝐮𝐫 𝐀𝐝𝐝𝐫𝐞𝐬𝐬:

MAXIMIZE MARKET RESEARCH PVT. LTD.
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Pune, Maharashtra 411041, India.
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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.