India Corrugated Packaging Market (2024-2030) | Revenue, Trends, Industry, Analysis, Growth, Share, Outlook, Value, Companies, Forecast & Size

India Corrugated Packaging Market Highlights

Report Name	India Corrugated Packaging Market
Forecast period	2024-2030
CAGR	6.2%
Growing Sector	Food and Beverage

Topics Covered in India Corrugated Packaging Market Report

The India Corrugated Packaging Market Report thoroughly covers the market by type, wall construction, material, and application. The India Corrugated Packaging Market Outlook report provides an unbiased and detailed analysis of the ongoing India Corrugated Packaging Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.

India Corrugated Packaging Market Synopsis

The India corrugated packaging market has been experiencing growth and is driven by the increasing demand for sustainable and eco-friendly packaging solutions. The growing e-commerce industry in India has also contributed to the rising need for efficient and protective packaging materials, further propelling the growth of the corrugated packaging market.

According to 6Wresearch, India Corrugated Packaging Market size is projected to rise at a CAGR of 6.2% during 2024-2030. One of the key factors driving the demand for corrugated packaging in India is the focus on reducing plastic waste and promoting environment-friendly solutions. The government has implemented several initiatives and policies to encourage the use of sustainable packaging materials, which has led to an increase in demand for corrugated packaging. Moreover, the rising awareness among consumers about environmental issues has also led to a shift towards eco-friendly packaging options, boosting the India Corrugated Packaging Market report.

However, there are also some challenges faced by the India corrugated packaging market. One of them is the fluctuations in raw material prices, which can affect the profitability of manufacturers and hinder market growth. Additionally, due to the competitive nature of the market, companies are constantly under pressure to reduce costs and maintain high-quality standards, which can be a challenging task.

Corrugated Packaging Market in India: Leading Players

Some of the key players in the India corrugated packaging market include ITC Limited, WestRock Company, International Paper Company, DS Smith Plc, and Smurfit Kappa Group. These companies are focusing on expanding their product portfolios and investing in advanced technologies to stay ahead in the competitive market. They are also collaborating with various organizations to develop sustainable and innovative packaging solutions.

India Corrugated Packaging Industry: Government Initiatives

The Indian government has implemented favorable policies and programs to encourage the development of the packaging industry, which has contributed significantly to the growth of the corrugated packaging market. One such initiative is the 'Make in India' campaign launched by Prime Minister Narendra Modi in 2014. This campaign aims to promote domestic manufacturing and attract foreign investment in India, ultimately boosting the country's economy. As a result, there has been a significant increase in demand for packaging materials from various industries, including FMCG, pharmaceuticals, e-commerce, and retail. Additionally, the Indian government has also taken steps to improve the overall infrastructure of the country.

Future Insights of the Market

India corrugated packaging market is expected to continue its growth trajectory in the coming years due to increasing consumer awareness about environmental issues and government initiatives promoting eco-friendly packaging. With advancements in technology and collaborations among key players, the market is likely to witness new and innovative products that cater to the changing needs of consumers.

Market Segmentation by Material

According to Swati, Senior Research Analyst, 6Wresearch, the linerboard segment is one of the fastest-growing segments in the Indian corrugated packaging market. Linerboard is a type of paperboard that is used as the top and bottom layer of corrugated boxes. It provides strength, protection, and stability to the box while also offering a smooth surface for printing and labeling purposes.

Market Segmentation by Application

The food and beverages industry has emerged as one of the leading consumers of corrugated packaging in India. This can be attributed to the changing lifestyles and increasing preference for packaged food products. Moreover, the growing demand for safe and hygienic packaging of perishable goods such as fruits, vegetables, meat, and dairy products has further fueled the growth of corrugated packaging in this segment.

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• India Corrugated Packaging Market Outlook
• Market Size of India Corrugated Packaging Market, 2023
• Forecast of India Corrugated Packaging Market, 2030
• Historical Data and Forecast of India Corrugated Packaging Revenues & Volume for the Period 2020-2030
• India Corrugated Packaging Market Trend Evolution
• India Corrugated Packaging Market Drivers and Challenges
• India Corrugated Packaging Price Trends
• India Corrugated Packaging Porter's Five Forces
• India Corrugated Packaging Industry Life Cycle
• Historical Data and Forecast of India Corrugated Packaging Market Revenues & Volume By Type for the Period 2020-2030
• Historical Data and Forecast of India Corrugated Packaging Market Revenues & Volume By Rigid Boxes for the Period 2020-2030
• Historical Data and Forecast of India Corrugated Packaging Market Revenues & Volume By Self-Erecting Boxes for the Period 2020-2030
• Historical Data and Forecast of India Corrugated Packaging Market Revenues & Volume By Telescope Boxes for the Period 2020-2030
• Historical Data and Forecast of India Corrugated Packaging Market Revenues & Volume By Slotted Boxes for the Period 2020-2030
• Historical Data and Forecast of India Corrugated Packaging Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of India Corrugated Packaging Market Revenues & Volume By Wall Construction for the Period 2020-2030
• Historical Data and Forecast of India Corrugated Packaging Market Revenues & Volume By Single-Wall for the Period 2020-2030
• Historical Data and Forecast of India Corrugated Packaging Market Revenues & Volume By Double-Wall for the Period 2020-2030
• Historical Data and Forecast of India Corrugated Packaging Market Revenues & Volume By Triple-Wall for the Period 2020-2030
• Historical Data and Forecast of India Corrugated Packaging Market Revenues & Volume By Material for the Period 2020-2030
• Historical Data and Forecast of India Corrugated Packaging Market Revenues & Volume By Linerboard for the Period 2020-2030
• Historical Data and Forecast of India Corrugated Packaging Market Revenues & Volume By Medium for the Period 2020-2030
• Historical Data and Forecast of India Corrugated Packaging Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of India Corrugated Packaging Market Revenues & Volume By Application for the Period 2020-2030
• Historical Data and Forecast of India Corrugated Packaging Market Revenues & Volume By Food & Beverages for the Period 2020-2030
• Historical Data and Forecast of India Corrugated Packaging Market Revenues & Volume By Electronic Goods for the Period 2020-2030
• Historical Data and Forecast of India Corrugated Packaging Market Revenues & Volume By Pharmaceuticals for the Period 2020-2030
• Historical Data and Forecast of India Corrugated Packaging Market Revenues & Volume By Personal Care for the Period 2020-2030
• Historical Data and Forecast of India Corrugated Packaging Market Revenues & Volume By Others for the Period 2020-2030
• India Corrugated Packaging Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Wall Construction
• Market Opportunity Assessment By Material
• Market Opportunity Assessment By Application
• India Corrugated Packaging Top Companies Market Share
• India Corrugated Packaging Competitive Benchmarking By Technical and Operational Parameters
• India Corrugated Packaging Company Profiles
• India Corrugated Packaging Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Type

• Rigid Boxes
• Self-Erecting Boxes
• Telescope Boxes
• Slotted Boxes
• Others

By Wall Construction

• Single-Wall
• Double-Wall
• Triple-Wall

By Material

• Linerboard
• Medium
• Others

By Application

• Food & Beverages
• Electronic Goods
• Pharmaceuticals
• Personal Care
• Others

India Corrugated Packaging Market (2024-2030): FAQs