Exclusive Report: Unlocking the Future of Consumer Packaging in India

Consumer Packaging Markets in India

Madras Consultancy Group (MCG) has released an insightful and comprehensive report titled “The Consumer Packaging Markets in India – with a detailed forecast of the market to 2027-28”. This fourth edition report, published in 2023, provides a robust analysis of the rapidly evolving consumer packaging landscape in India, building on previous editions published in 2013, 2017, and 2020.

Key Highlights of the Report

Remarkable Market Growth: The consumer packaging market in India has shown significant growth, estimated at INR 1,610 billion in 2022-23 and projected to reach INR 2,662 billion by 2027-28, reflecting a Compound Annual Growth Rate (CAGR) of 10.6%. This growth is driven by the expanding middle class, changing lifestyles, and increasing purchasing power of consumers​.

Sustainability Trends: The report emphasizes the growing importance of sustainability in the packaging sector. With increasing environmental awareness and stringent regulations, there is a notable shift towards eco-friendly and recyclable packaging materials. This trend is reshaping the market, encouraging innovation and adaptation among packaging manufacturers​​.

E-commerce Influence: The rise of e-commerce and omni-channel retail strategies has significantly impacted the consumer packaging market. The demand for durable and attractive packaging solutions that cater to both online and offline retail channels is on the rise, enhancing the overall consumer experience and driving market growth​.

Detailed Market Insights

The report delves into various segments of the consumer packaging market, offering a granular analysis by product type, end-user segments, and regional distribution. Key packaging media covered include flexible packaging, rigid plastics, paperboard, glass bottles, metal cans, and caps & closures.

  • Flexible Packaging: Including pre-made pouches, laminates, and co-extruded films, this segment is rapidly growing due to its versatility and cost-effectiveness.
  • Rigid Plastics: PET bottles and jars dominate this segment, driven by the beverage and personal care industries.
  • Paperboard: Folding cartons and liquid cartons are crucial in this category, with significant usage in the food and pharmaceutical sectors.
  • Glass Bottles and Metal Cans: Although losing some market share to other materials, these remain vital for certain applications like beverages and pharmaceuticals​.

Comprehensive Research Methodology

MCG’s report is based on exhaustive secondary research, drawing from a wide array of sources including industry journals, annual reports, white papers, and proprietary databases. This robust methodology ensures that the report offers reliable and actionable insights for stakeholders across the packaging value chain.

Essential Questions Answered

The report addresses several key questions, such as:

  • What is the current size of the Indian consumer packaging market?
  • What are the market shares of different packaging media?
  • What are the growth prospects for various end-user sectors?
  • Where are the highest growth opportunities for each packaging medium?

Report Pricing

Digital copy of the report is priced at $1450.

To Book Your Report Copy

Fill up the following form: https://forms.gle/BwdDmgCNTVM9EHfs8

For More Information or Queries

For further queries reach us at [email protected].

The report is an invaluable resource for anyone involved in the packaging industry, offering a clear roadmap to navigate the future of consumer packaging in India.

By leveraging the insights provided in this comprehensive report, businesses can make informed decisions and strategically position themselves to capitalize on the dynamic growth opportunities in the Indian consumer packaging market.

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