Packaging market in India to grow at a CAGR of 15.44% over the period 2014-2019

Packaging is used to cover or wrap a product to preserve its quality and extend the shelf life of its contents by reducing the risk of contamination. Packaging plays a very significant role in transportation, warehousing, logistics, and sales of products. Apart from providing convenience to customers, packaging also plays a major role in attracting customers to purchase the product. It also controls the size and quantity of the content. The packaging materials used are available in two forms: rigid packaging material and flexible packaging material. Rigid packaging material comprises rigid plastics, glass bottles, containers, and metals. Flexible packaging materials include bags and pouches, squeezable bottles, stand-up pouches, CD cases, and materials used in foam packaging.

Technavio's analysts forecast the packaging market in India to grow at a CAGR of 15.44% over the period 2014-2019.

Covered in this report

The report covers the present scenario and the growth prospects of the packaging market in India for the period 2015-2019. The market is segmented based on the following criteria: types of packaging and types of materials.

Technavio's report, the Packaging Market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors

Balmer Lawrie
Jindal Poly Films
MAX India
Uflex

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Other prominent vendors

Bilcare
ESS DEE
Essel Propack
Flexituff
Garware Poly
Huhtamaki
Oricon Enterprises
Parekh Aluminex
Polyplex
Radha Madhav
Rollatainers
Time Technoplast

Key market driver

Growth in retail sector
For a full, detailed list, view our report

Key market challenge

Risk of packaged food contamination
For a full, detailed list, view our report

Key market trend

Preference for flexible packaging in FMCG sector
For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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