Market Forecast 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) And Competitive Landscape
Product Code: ETC053704 | Publication Date: Aug 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India Corrugated Packaging Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 13.43% in 2028, following an initial rate of 11.59%, before easing to 13.37% at the end of the period.
Report Name | India Corrugated Packaging Market |
Forecast period | 2025-2031 |
CAGR | 6.2% |
Growing Sector | Food and Beverage |
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.
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 2025-2031. 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.
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.
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.
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.
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.
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.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Corrugated Packaging Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Corrugated Packaging Market Revenues & Volume, 2021 & 2031F |
3.3 India Corrugated Packaging Market - Industry Life Cycle |
3.4 India Corrugated Packaging Market - Porter's Five Forces |
3.5 India Corrugated Packaging Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Corrugated Packaging Market Revenues & Volume Share, By Wall Construction, 2021 & 2031F |
3.7 India Corrugated Packaging Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 India Corrugated Packaging Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Corrugated Packaging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Corrugated Packaging Market Trends |
6 India Corrugated Packaging Market, By Types |
6.1 India Corrugated Packaging Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Corrugated Packaging Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Corrugated Packaging Market Revenues & Volume, By Rigid Boxes, 2021-2031F |
6.1.4 India Corrugated Packaging Market Revenues & Volume, By Self-Erecting Boxes, 2021-2031F |
6.1.5 India Corrugated Packaging Market Revenues & Volume, By Telescope Boxes, 2021-2031F |
6.1.6 India Corrugated Packaging Market Revenues & Volume, By Slotted Boxes, 2021-2031F |
6.1.7 India Corrugated Packaging Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Corrugated Packaging Market, By Wall Construction |
6.2.1 Overview and Analysis |
6.2.2 India Corrugated Packaging Market Revenues & Volume, By Single-Wall, 2021-2031F |
6.2.3 India Corrugated Packaging Market Revenues & Volume, By Double-Wall, 2021-2031F |
6.2.4 India Corrugated Packaging Market Revenues & Volume, By Triple-Wall, 2021-2031F |
6.3 India Corrugated Packaging Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 India Corrugated Packaging Market Revenues & Volume, By Linerboard, 2021-2031F |
6.3.3 India Corrugated Packaging Market Revenues & Volume, By Medium, 2021-2031F |
6.3.4 India Corrugated Packaging Market Revenues & Volume, By Others, 2021-2031F |
6.4 India Corrugated Packaging Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 India Corrugated Packaging Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.4.3 India Corrugated Packaging Market Revenues & Volume, By Electronic Goods, 2021-2031F |
6.4.4 India Corrugated Packaging Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.4.5 India Corrugated Packaging Market Revenues & Volume, By Personal Care, 2021-2031F |
6.4.6 India Corrugated Packaging Market Revenues & Volume, By Others, 2021-2031F |
7 India Corrugated Packaging Market Import-Export Trade Statistics |
7.1 India Corrugated Packaging Market Export to Major Countries |
7.2 India Corrugated Packaging Market Imports from Major Countries |
8 India Corrugated Packaging Market Key Performance Indicators |
9 India Corrugated Packaging Market - Opportunity Assessment |
9.1 India Corrugated Packaging Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Corrugated Packaging Market Opportunity Assessment, By Wall Construction, 2021 & 2031F |
9.3 India Corrugated Packaging Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 India Corrugated Packaging Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Corrugated Packaging Market - Competitive Landscape |
10.1 India Corrugated Packaging Market Revenue Share, By Companies, 2024 |
10.2 India Corrugated Packaging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |