India Gift Packaging Market | Size, Growth, Trends and Analysis 2025-2033

The latest report by IMARC Group, titled "India Gift Packaging Market Size, Share, Trends and Forecast by Product Type, Raw Material, and Region, 2025-2033," offers a comprehensive analysis of the India gift packaging market growth. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. The India gift packaging market size reached USD 383.7 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,026.4 Million by 2033, exhibiting a growth rate (CAGR) of 11.60% during 2025-2033.

Base Year: 2024
Forecast Years: 2025-2033
Historical Years: 2019-2024
Market Size in 2024: USD 383.7 Million
Market Forecast in 2033: USD 1,026.4 Million
Market Growth Rate 2025-2033: 11.60%

India Gift Packaging Market Overview

The Indian market for gift packaging is witnessing steady growth with the ever-increasing gifting culture on various occasions such as festivals, weddings, and corporate events. The major transformation in consumer behavior has influenced this market, with consumers now opting for cost-effective and ecologically friendly designs for their packages. Disposable income combined with e-commerce is increasing demand for almost all innovative formats of personalized and luxurious gift-packaging that are now available in the market.

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India Gift Packaging Market Trend and Drivers

The increase in demand for gift packaging is mainly due to these latest trends in premium and sustainable packaging formats. Onlookers living in cities and active on social media are drawn toward this direction because a good presentation is taken as a form of investment. Customization in packing is being lapped up by companies for much wider brand-building and consumer-engagement purposes. Growth in the online gifting sector is thus driving demand for ready-to-use, durable, and recyclable gift packs for different occasions.

India Gift Packaging Market Segmentation

1. By Product Type
o Ribbons
o Wrapping Paper
o Containers
o Boxes
o Others
2. By Raw Material
o Paper and Paperboard
o Plastic
o Glass
o Metal
o Others
3. By Region
o North India
o West and Central India
o South India
o East India

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India Gift Packaging Market News

June 2024: WrapCart launched a new eco-friendly gift wrap line made from recycled paper with seed-plantable tags, aimed at environmentally conscious consumers.
March 2024: Packman Packaging expanded its gift box manufacturing unit to cater to increasing demand from e-commerce players and corporate gifting platforms across metro cities.

Key Highlights of the Report

1. Market Performance (2019-2024)
2. Market Outlook (2025-2033)
3. COVID-19 Impact on the Market
4. Porter's Five Forces Analysis
5. Strategic Recommendations
6. Historical, Current and Future Market Trends
7. Market Drivers and Success Factors
8. SWOT Analysis
9. Structure of the Market
10. Value Chain Analysis
11. Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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About Us
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC's offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

This release was published on openPR.