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India Paper Packaging Market to Witness Robust Growth: Valued at USD 1226.90 Million in 2023, Projected to Expand at a 7.75% CAGR Through 2030

01-24-2025 02:42 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: STELLAR MARKET RESEARCH

India Paper Packaging Market

India Paper Packaging Market

The ๐ˆ๐ง๐๐ข๐š ๐๐š๐ฉ๐ž๐ซ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ was valued at USD 1,226.90 Mn. in 2023 and is projected to grow at a CAGR of 7.75%, reaching approximately USD 2,068.86 Mn. by 2030. This growth is driven by increasing demand for sustainable packaging solutions, rising e-commerce activities, and government initiatives to reduce single-use plastics.

๐ˆ๐ง๐๐ข๐š ๐๐š๐ฉ๐ž๐ซ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

Paper packaging has become a preferred solution in India due to its recyclability, lightweight nature, and biodegradability. It provides high protection for products during transportation and offers significant benefits to the packaging industry, which is the fifth-largest sector in the country. The growing adoption of paper-based materials by industries such as food and beverages, cosmetics, and e-commerce has solidified its position as one of the fastest-growing segments in the packaging sector.

๐–๐š๐ง๐ญ ๐ญ๐จ ๐’๐ž๐ž ๐ญ๐ก๐ž ๐“๐ซ๐ž๐ง๐๐ฌ? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ:https://www.stellarmr.com/report/req_sample/India-Paper-Packaging-Market/184

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐ˆ๐ง๐๐ข๐š ๐๐š๐ฉ๐ž๐ซ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ:

The India Paper Packaging Market is driven by the government's initiatives to ban single-use plastics, encouraging businesses to adopt eco-friendly packaging solutions. The rapid growth of e-commerce, fueled by a young demographic and increasing internet penetration, has significantly boosted the demand for paper-based packaging. Rising consumer awareness regarding sustainable and recyclable materials has further propelled market growth. Additionally, the organized retail sector's expansion and fluctuations in plastic raw material prices are driving the shift toward paper packaging as an economic and eco-friendly alternative.

๐ˆ๐ง๐๐ข๐š ๐๐š๐ฉ๐ž๐ซ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

Key trends shaping the India Paper Packaging Market include the growing demand for folding cartons and corrugated boxes, primarily driven by the FMCG and food and beverage industries. The increasing preference for contactless food delivery platforms has spiked the need for sustainable paper-based packaging solutions. Furthermore, urbanization, rising disposable incomes, and favorable government policies such as 100% FDI in the paper and packaging industries are paving the way for market growth. The industry's focus on innovations, such as biodegradable and high-quality paper products, is also creating opportunities for domestic and international players.

๐“๐ก๐ž ๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐’๐ญ๐š๐ค๐ž๐ก๐จ๐ฅ๐๐ž๐ซ๐ฌ ๐œ๐š๐ง ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:https://www.stellarmr.com/report/enquire_now/India-Paper-Packaging-Market/184

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐ˆ๐ง๐๐ข๐š ๐๐š๐ฉ๐ž๐ซ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐†๐ฅ๐จ๐›๐š๐ฅ ๐”๐ฉ๐๐š๐ญ๐ž๐ฌ

๐•๐ข๐ž๐ญ๐ง๐š๐ฆ: ๐๐š๐ฉ๐ž๐ซ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam's paper packaging industry is expanding rapidly due to growing exports and demand for eco-friendly materials. Companies like Dong Hai Joint Stock Company are enhancing production capabilities to meet global standards. Partnerships with Indian paper packaging firms are on the rise, highlighting Vietnam's strategic role in the regional supply chain.

๐“๐ก๐š๐ข๐ฅ๐š๐ง๐: ๐๐š๐ฉ๐ž๐ซ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand's paper packaging market is witnessing growth, with a CAGR of 6.3%, driven by its strong manufacturing and export sectors. Companies like SCG Packaging are focusing on sustainable and biodegradable solutions to meet global environmental standards. Recent trends include collaborations with Indian manufacturers to improve packaging quality and reduce costs.

๐‰๐š๐ฉ๐š๐ง: ๐๐š๐ฉ๐ž๐ซ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan's paper packaging industry is renowned for its innovation and focus on sustainability. Companies such as Oji Holdings Corporation are developing advanced packaging solutions tailored for e-commerce and food delivery services. Collaborations between Japanese and Indian firms are fostering the exchange of technology and expertise, driving mutual growth.

๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š: ๐๐š๐ฉ๐ž๐ซ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's paper packaging market is experiencing consolidation, with leading companies like Hansol Paper acquiring smaller firms to enhance their market position. Partnerships with Indian companies are increasing as South Korea focuses on expanding its sustainable packaging solutions. Smart packaging technologies are a key trend in the market.

๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž: ๐๐š๐ฉ๐ž๐ซ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore's paper packaging market is evolving with a strong emphasis on innovation and sustainability. Companies like Mondi Group are introducing advanced paper packaging solutions for the e-commerce and healthcare sectors. Collaborative projects with Indian firms are enhancing product innovation and supply chain efficiency.

๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ: ๐๐š๐ฉ๐ž๐ซ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐’

The United States paper packaging market is a key player globally, with a projected CAGR of 7.1%. Companies such as International Paper and WestRock are focusing on partnerships with Indian manufacturers to source cost-effective and sustainable materials. Recent mergers, including WestRock's acquisition of smaller packaging firms, underline ongoing consolidation trends.

๐„๐ฎ๐ซ๐จ๐ฉ๐ž: ๐๐š๐ฉ๐ž๐ซ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe remains a leader in sustainable packaging, with countries like Germany, France, and Sweden at the forefront. Companies such as Smurfit Kappa and DS Smith are introducing innovative, biodegradable paper packaging solutions. Collaborations with Indian exporters are strengthening supply chains and ensuring compliance with Europe's strict environmental regulations.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐…๐ฎ๐ฅ๐ฅ ๐๐ƒ๐… ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @https://www.stellarmr.com/report/req_sample/India-Paper-Packaging-Market/184

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ˆ๐ง๐๐ข๐š ๐๐š๐ฉ๐ž๐ซ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ:

By Grade

Carton board
Containerboard
Other Grade

By Product

Folding Cartons
Corrugated Boxes
Other Types

By End User Industry

Food & Beverage
Healthcare
Personal Care
Household Care
Electrical Products
Other End User Industries

๐…๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/India-Paper-Packaging-Market/184

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐ˆ๐ง๐๐ข๐š ๐๐š๐ฉ๐ž๐ซ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

WestRock India
Trident Paper Box Industries
TGI Packaging Pvt. Ltd
Kapco Packaging
OJI India Packaging Pvt. Ltd
Chaitanya Packaging Pvt. Ltd
Packman Packaging
TCPL Packaging Ltd
Parksons Packaging Ltd
P.R. Packagings Ltd.
Huhtamaki PPL Limited
ITC Packaging and Printing Ltd
Plus Paper Foodpac Limited
Subam Papers Private Limited
Jayvir Paper Industiries

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐’๐ญ๐ž๐ฅ๐ฅ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

โ™ฆ Middle East and Africa Mattress Market https://www.stellarmr.com/report/Middle-East-and-Africa-Mattress-Market/1072
โ™ฆ North America Baby Bottle Market https://www.stellarmr.com/report/North-America-Baby-Bottle-Market/1077
โ™ฆ Asia Pacific Polyurethane Additives Market https://www.stellarmr.com/report/Asia-Pacific-Polyurethane-Additives-Market/1095
โ™ฆ Europe Luxury Car Rental Market https://www.stellarmr.com/report/Europe-Luxury-Car-Rental-Market/1112
โ™ฆ North America Seaweed Snack Market https://www.stellarmr.com/report/North-America-Seaweed-Snack-Market/1117
โ™ฆ Asia Pacific Caravan and Motorhome Market https://www.stellarmr.com/report/Asia-Pacific-Caravan-and-Motorhome-Market/1209
โ™ฆ APAC Dolomite Powder Market https://www.stellarmr.com/report/APAC-Dolomite-Powder-Market/1210

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐’๐ญ๐ž๐ฅ๐ฅ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
sales@stellarmr.com

๐€๐›๐จ๐ฎ๐ญ ๐’๐ญ๐ž๐ฅ๐ฅ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include 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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