India Corrugated Equipment Market Synopsis

The India Corrugated Equipment Market has been experiencing faster growth and it is estimated to experience more growth during the forecast period. Factors that are driving the market in the nation are the rising demand for eco-friendly packaging, rise of the e-commerce sector, and the increasing disposable income levels of people in the country. The sector has become one of the pivotal sectors in the country and is ready to accomplish more growth.

According to 6Wresearch, India Corrugated Equipment Market size is anticipated to grow at a higher growth rate during 2023-2029. The corrugated equipment industry in India refers to the industry for machinery as well as equipment that is used in the manufacturing of corrugated boxes, that are commonly used for packaging as well as transportation purposes. The sector is driven by the rising demand for corrugated boxes in many sectors such as e-commerce, electronics, food and beverage, and pharmaceuticals.

The sector in the country is fragmented with many small as well as medium-sized players running in the sector. The number of companies operating in the market is rising with each passing day as the opportunities in the sector are growing at a rapid pace. The industry players play a crucial role in the India Corrugated Equipment Market Growth.

The main kinds of corrugated equipment in the sector are corrugators, flexo printers, die-cutters, as well as gluing machines. Corrugators are the equipment that is most commonly used in the market since they are used for the corrugated boards’ production, which are the key building blocks of corrugated boxes. The sector is gaining growth owing to the way it has been working. The sector is expected to rise more owing to the eco-friendly packaging solutions it offers.

COVID-19 Impact on India Corrugated Equipment Market

The pandemic was the hard time for industries as well as the businesses around the world and it had a mixed impact on the corrugated equipment market in India. The demand for corrugated boxes rises significantly owing to the growth of the e-commerce sector and the requirement for safe as well as hygienic packaging for crucial items. On the contrary, the lockdowns and the restrictions on movement implemented by the government resulted in supply chain disruptions and manufacturing operations, lead to a temporary slowdown in the industry.

The demand for corrugated boxes expanded sharply owing to panic buying of crucial items during the initial stages of the pandemic, which, in turn, led to a surge in orders for corrugated equipment in the nation. However, the subsequent lockdowns as well as restrictions on movement implemented by the government resulted in the slowdown in manufacturing operations as well as a decline in demand for items that are non-essential, led to a temporary slowdown in the industry.

However, with the ease of restrictions as well as the rise of the e-commerce sector, the demand for corrugated boxes increased once again. The initiatives taken by the government of the country to promote local manufacturing, like Atmanirbhar Bharat, led to a growth in the market. This supported the market and gave rise to the India Corrugated Equipment Market Share.

Market by Equipment

On the basis of equipment, the India Corrugated Equipment Industry is divided into Non-HQ Flexo, HQ Flexo, Sheet-To-Sheet Litho-Laminators, Web-To-Web Litho-Laminators, and Web-To- Sheet Litho-Laminators.

Market by Industry

On the basis of industry, the Corrugated Equipment Market in India is divided into Food & Beverages, Electrical & Electronics, Home & Personal Care, Textile, Paper & Pulp, Pharmaceuticals, and Others.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• India Corrugated Equipment Market Outlook
• Market Size of India Corrugated Equipment Market, 2022
• Forecast of India Corrugated Equipment Market, 2029
• Historical Data and Forecast of India Corrugated Equipment Revenues & Volume for the Period 2019 - 2029
• India Corrugated Equipment Market Trend Evolution
• India Corrugated Equipment Market Drivers and Challenges
• India Corrugated Equipment Price Trends
• India Corrugated Equipment Porter's Five Forces
• India Corrugated Equipment Industry Life Cycle
• Historical Data and Forecast of India Corrugated Equipment Market Revenues & Volume By Equipment for the Period 2019 - 2029
• Historical Data and Forecast of India Corrugated Equipment Market Revenues & Volume By Non-HQ Flexo for the Period 2019 - 2029
• Historical Data and Forecast of India Corrugated Equipment Market Revenues & Volume By HQ Flexo for the Period 2019 - 2029
• Historical Data and Forecast of India Corrugated Equipment Market Revenues & Volume By Sheet-to-sheet litho-laminators for the Period 2019 - 2029
• Historical Data and Forecast of India Corrugated Equipment Market Revenues & Volume By Web-to-web litho-laminators for the Period 2019 - 2029
• Historical Data and Forecast of India Corrugated Equipment Market Revenues & Volume By Web-to- sheet litho-laminators for the Period 2019 - 2029
• Historical Data and Forecast of India Corrugated Equipment Market Revenues & Volume By Industry for the Period 2019 - 2029
• Historical Data and Forecast of India Corrugated Equipment Market Revenues & Volume By Food & beverages for the Period 2019 - 2029
• Historical Data and Forecast of India Corrugated Equipment Market Revenues & Volume By Electrical & electronics for the Period 2019 - 2029
• Historical Data and Forecast of India Corrugated Equipment Market Revenues & Volume By Home & personal care for the Period 2019 - 2029
• Historical Data and Forecast of India Corrugated Equipment Market Revenues & Volume By Textile for the Period 2019 - 2029
• Historical Data and Forecast of India Corrugated Equipment Market Revenues & Volume By Paper & pulp for the Period 2019 - 2029
• Historical Data and Forecast of India Corrugated Equipment Market Revenues & Volume By Pharmaceuticals for the Period 2019 - 2029
• Historical Data and Forecast of India Corrugated Equipment Market Revenues & Volume By Others for the Period 2019 - 2029
• India Corrugated Equipment Import Export Trade Statistics
• Market Opportunity Assessment By Equipment
• Market Opportunity Assessment By Industry
• India Corrugated Equipment Top Companies Market Share
• India Corrugated Equipment Competitive Benchmarking By Technical and Operational Parameters
• India Corrugated Equipment Company Profiles
• India Corrugated Equipment Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Equipment

• Non-HQ Flexo
• HQ Flexo
• Sheet-To-Sheet Litho-Laminators
• Web-To-Web Litho-Laminators
• Web-To- Sheet Litho-Laminators

By Industry

• Food & Beverages
• Electrical & Electronics
• Home & Personal Care
• Textile
• Paper & Pulp
• Pharmaceuticals
• Others

Frequently Asked Questions About the Market Study: FAQ

1. What is the future of the India Corrugated Equipment Market?

The India Corrugated Equipment Market has been experiencing faster growth and it is estimated to experience more growth during the forecast period. Factors that are driving the market in the nation are the rising demand for eco-friendly packaging, the rise of the e-commerce sector, and the increasing disposable income levels of people in the country.

2. What exactly is the corrugated equipment market in India?

The corrugated equipment industry in India refers to the industry for machinery as well as equipment that is used in the manufacturing of corrugated boxes, which are commonly used for packaging as well as transportation purposes.

3. What is the nature of the sector?

The sector in the country is fragmented with many small as well as medium-sized players running in the sector. The number of companies operating in the market is rising with each passing day as the opportunities in the sector are growing at a rapid pace.

4. Which factors are supporting the market growth?

The sector is driven by the rising demand for corrugated boxes in many sectors such as e-commerce, electronics, food and beverage, and pharmaceuticals.