Flexible Packaging Market in India (2018-2023) Overview, Share, Scope, Revenue, Trade Analysis, Trends, Drivers, Challenges, Segmentation based on End user Industry (Food Products, Chewing Tobacco, Non-Food Products) and data on Per Capita Plastic Products Consumption
Over the years, the Indian packaging industry has witnessed a gradual shift from rigid, to flexible variants, since the latter are visually appealing, cheaper, and durable.
Market insights:
The growth of the Indian flexible packaging market is because of their increased use at food service outlets, along with higher demand for packaged beverages. The Indian flexible packaging market is expected to reach a value of INR ~640.38 Bn by FY 2023, up from its FY 2017 value of INR 375 Bn, expanding at a compound annual growth rate (CAGR) of ~10% from FY 2018 to FY 2023. Consumers prefer flexible packaging over rigid packaging since they are lighter, easily disposable, and their impact on the environment is significantly less.
Key growth drivers of the market:
India generates 5.6 Mn tonnes of plastic waste each year, of which ~66% is the mixed waste-polybags and pouches which are used in food packaging. Owing to the serious environmental consequences with regard to the dumping of plastic waste, 20 Indian states have placed blanket bans on the manufacture, use, sale, distribution, and storage of plastic items like one-time-use bags, spoons, PET, and PETE bottles. Some states only permit polythene bags that have thickness in excess of 50 microns. Since plastic is one of the essential materials used in flexible packaging, a ban on its production will be a significant hindrance for the growth of the flexible packaging market in India.
Companies covered:
With the given market data, we offer customizations according to specific needs.
Market insights:
The growth of the Indian flexible packaging market is because of their increased use at food service outlets, along with higher demand for packaged beverages. The Indian flexible packaging market is expected to reach a value of INR ~640.38 Bn by FY 2023, up from its FY 2017 value of INR 375 Bn, expanding at a compound annual growth rate (CAGR) of ~10% from FY 2018 to FY 2023. Consumers prefer flexible packaging over rigid packaging since they are lighter, easily disposable, and their impact on the environment is significantly less.
Key growth drivers of the market:
- Being the fourth-largest sector in the Indian economy, the fast moving consumer goods (FMCG) sector represents the largest opportunities for flexible packaging. Sub-segments like food and beverages, and personal care are the major end users of flexible packaging in India. With the growth of this market, demand for flexible packaging is expected to increase.
- India, the-fifth largest preferred retail destination in the world, is expected to generate a revenue of INR ~71,986.2 by 2020, increasing at a CAGR of ~17.85% from 2015. The growth of the retail industry will directly lead to the expansion of the flexible packaging market in India.
India generates 5.6 Mn tonnes of plastic waste each year, of which ~66% is the mixed waste-polybags and pouches which are used in food packaging. Owing to the serious environmental consequences with regard to the dumping of plastic waste, 20 Indian states have placed blanket bans on the manufacture, use, sale, distribution, and storage of plastic items like one-time-use bags, spoons, PET, and PETE bottles. Some states only permit polythene bags that have thickness in excess of 50 microns. Since plastic is one of the essential materials used in flexible packaging, a ban on its production will be a significant hindrance for the growth of the flexible packaging market in India.
Companies covered:
- Cosmo Films Limited
- Essel Propack Limited
- Garware Polyester Limited
- Huhtamaki PPL Limited
- Jindal Poly Films Limited
- Paharpur 3P
- Polyplex Corporation Limited
- Sysco Industries Limited
- TCPL Packaging Limited
- Uflex Limited
With the given market data, we offer customizations according to specific needs.
CHAPTER 1: EXECUTIVE SUMMARY
CHAPTER 2: SOCIO-ECONOMIC INDICATORS
CHAPTER 3: INTRODUCTION
3.1. Flexible packaging market - definition and structure
3.2. Types of flexible packaging – overview
Packing bags
Protective packaging
Flexible films
Packaging boxes and cartons
Pouches
CHAPTER 4: PACKAGING MARKET IN INDIA
4.1. Market overview
4.2. Packaging market size and growth forecast – value-wise (FY 2017-FY 2023e)
4.3. Packaging market – segmentation
4.3.1. Type-wise packaging split (2018)
Rigid packaging
Flexible packaging
4.3.2. Per-capita plastic products consumption – country-wise (2017)
USA
Europe
China
Brazil
India
Rest of the world
CHAPTER 5: FLEXIBLE PACKAGING MARKET IN INDIA
5.1. Market overview
5.2. Flexible packaging market size and growth forecast – value-wise (FY 2017-FY 2023e)
5.3. Usage of flexible packaging – industry-wise percentage split
Food products
Chewing tobacco
Non-food products
5.4. Use of plastic in packaging industry – percentage split
Polypropylene
Poly-ethylene terephthalate (PET)
Polyethylene
Poly vinyl chloride (PVC)
Others
CHAPTER 6: TRADE ANALYSIS
6.1. Export of flexible packages
Value-wise
Volume-wise
Country-wise
6.2. Import of flexible packages
Value-wise
Volume-wise
Country-wise
CHAPTER 7: KEY GROWTH DRIVERS OF THE MARKET
CHAPTER 8: KEY DETERRENTS TO THE GROWTH OF THE MARKET
CHAPTER 9: COMPETITIVE LANDSCAPE
9.1. Cosm Films Limited
Corporate information
Business description
Products and services
Key people
Financial snapshot (total income, net profit/loss) (only for public companies)
Key ratios (only for public companies)
Business segments, geographical segments (only for public companies)
Note: Similar information areas will be covered for the remaining competitors
9.2. Essel Propack Limited
9.3. Garware Polyester Limited
9.4. Huhtamaki PPL Limited
9.5. Jindal Poly Films Limited
9.6. Paharpur 3P
9.7. Polyplex Corporation Limited
9.8. Sysc Industries Limited
9.9. TCPL Packaging Limited
9.10. Uflex Limited
CHAPTER 10: GOVERNMENT INITIATIVES
10.1. Rules and regulations under Food Safety and Standards Authority in India (FSSAI)
General requirements
Packaging specifications for milk and milk products
Packaging requirements for edible oil/fat
Packaging requirements of fruits and vegetables
Appendix
1. Research Methodology
2. About Research On Global Markets
CHAPTER 2: SOCIO-ECONOMIC INDICATORS
CHAPTER 3: INTRODUCTION
3.1. Flexible packaging market - definition and structure
3.2. Types of flexible packaging – overview
Packing bags
Protective packaging
Flexible films
Packaging boxes and cartons
Pouches
CHAPTER 4: PACKAGING MARKET IN INDIA
4.1. Market overview
4.2. Packaging market size and growth forecast – value-wise (FY 2017-FY 2023e)
4.3. Packaging market – segmentation
4.3.1. Type-wise packaging split (2018)
Rigid packaging
Flexible packaging
4.3.2. Per-capita plastic products consumption – country-wise (2017)
USA
Europe
China
Brazil
India
Rest of the world
CHAPTER 5: FLEXIBLE PACKAGING MARKET IN INDIA
5.1. Market overview
5.2. Flexible packaging market size and growth forecast – value-wise (FY 2017-FY 2023e)
5.3. Usage of flexible packaging – industry-wise percentage split
Food products
Chewing tobacco
Non-food products
5.4. Use of plastic in packaging industry – percentage split
Polypropylene
Poly-ethylene terephthalate (PET)
Polyethylene
Poly vinyl chloride (PVC)
Others
CHAPTER 6: TRADE ANALYSIS
6.1. Export of flexible packages
Value-wise
Volume-wise
Country-wise
6.2. Import of flexible packages
Value-wise
Volume-wise
Country-wise
CHAPTER 7: KEY GROWTH DRIVERS OF THE MARKET
CHAPTER 8: KEY DETERRENTS TO THE GROWTH OF THE MARKET
CHAPTER 9: COMPETITIVE LANDSCAPE
9.1. Cosm Films Limited
Corporate information
Business description
Products and services
Key people
Financial snapshot (total income, net profit/loss) (only for public companies)
Key ratios (only for public companies)
Business segments, geographical segments (only for public companies)
Note: Similar information areas will be covered for the remaining competitors
9.2. Essel Propack Limited
9.3. Garware Polyester Limited
9.4. Huhtamaki PPL Limited
9.5. Jindal Poly Films Limited
9.6. Paharpur 3P
9.7. Polyplex Corporation Limited
9.8. Sysc Industries Limited
9.9. TCPL Packaging Limited
9.10. Uflex Limited
CHAPTER 10: GOVERNMENT INITIATIVES
10.1. Rules and regulations under Food Safety and Standards Authority in India (FSSAI)
General requirements
Packaging specifications for milk and milk products
Packaging requirements for edible oil/fat
Packaging requirements of fruits and vegetables
Appendix
1. Research Methodology
2. About Research On Global Markets
