Product Code: ETC023324 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Plastic Containers market currently, in 2023, has witnessed an HHI of 2946, Which has increased slightly as compared to the HHI of 1151 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The India plastic containers market is expected to grow at a CAGR of 8.17% during the forecast period, 2020-2026. The increasing demand for food and beverage packaging solutions such as convenience foods, ready meals, etc., have been driving the growth of the Indian plastic containers market. Furthermore, changing lifestyles and preferences of consumers are also expected to drive the demand for plastic containers in India over the forecast period.
The major factors driving the growth of this market include increasing population coupled with rapid urbanization leading to high demand for packaged food items; rise in disposable income along with growing preference towards convenience products; presence of numerous small & medium enterprises (SMEs) that manufacture various types of bottles & jars; rising trend among domestic manufacturers towards lightweight packaging solutions; and availability of raw materials used for manufacturing plastic containers at competitive prices in India. Moreover, innovations such as lighter weighting designs which reduce storage costs as well as transportation costs are further aiding in propelling its adoption across different application segments including healthcare and medical industries.
However, stringent environmental regulations regarding usage or disposal due to their non-biodegradable nature might hamper growth opportunities going forward. Additionally, fluctuating crude oil prices could result into higher production cost associated with these plastics hindering its wide spread acceptance on a commercial scale globally including India resulting into restraining factor from supply side perspective .
One key trend witnessed by vendors operating within Indian plastic container space has been move get away from conventional polystyrene based production process towards more environment friendly alternatives like compostable bio-based plastics derived from renewable resources such as cornstarch or sugar cane which can be biodegraded easily without causing any harm to nature making them an ideal choice when it comes to product shelf life extension associated activities undertaken by companies especially those involved into B2C operations . Furthermore , advancements made within 3D printing technology will open up new avenues for manufacturing companies willing invest onto bring about unique product design changes using customised approaches thereby enabling them cater consumer needs much efficiently than ever before .
Major players operating within Indian Plastic Containers Market include Nampak Ltd.; Superfos A/S ; RPC Group Plc ; Rexam PLC ; United Caps S?rl ; Amcor Limited; Berry Plastics Corporation ; Silgan Holdings Incorporated among others . Companies operating
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 Plastic Containers Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Plastic Containers Market Revenues & Volume, 2020 & 2030F |
3.3 India Plastic Containers Market - Industry Life Cycle |
3.4 India Plastic Containers Market - Porter's Five Forces |
3.5 India Plastic Containers Market Revenues & Volume Share, By Material , 2020 & 2030F |
3.6 India Plastic Containers Market Revenues & Volume Share, By End-user, 2020 & 2030F |
4 India Plastic Containers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Plastic Containers Market Trends |
6 India Plastic Containers Market, By Types |
6.1 India Plastic Containers Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 India Plastic Containers Market Revenues & Volume, By Material , 2020-2030F |
6.1.3 India Plastic Containers Market Revenues & Volume, By PET, 2020-2030F |
6.1.4 India Plastic Containers Market Revenues & Volume, By PP, 2020-2030F |
6.1.5 India Plastic Containers Market Revenues & Volume, By HDPE, 2020-2030F |
6.1.6 India Plastic Containers Market Revenues & Volume, By LDPE, 2020-2030F |
6.1.7 India Plastic Containers Market Revenues & Volume, By Others, 2020-2030F |
6.2 India Plastic Containers Market, By End-user |
6.2.1 Overview and Analysis |
6.2.2 India Plastic Containers Market Revenues & Volume, By Beverages, 2020-2030F |
6.2.3 India Plastic Containers Market Revenues & Volume, By Food, 2020-2030F |
6.2.4 India Plastic Containers Market Revenues & Volume, By Pharmaceutical, 2020-2030F |
6.2.5 India Plastic Containers Market Revenues & Volume, By Cosmetic, 2020-2030F |
6.2.6 India Plastic Containers Market Revenues & Volume, By Household Care, 2020-2030F |
6.2.7 India Plastic Containers Market Revenues & Volume, By Industrial, 2020-2030F |
7 India Plastic Containers Market Import-Export Trade Statistics |
7.1 India Plastic Containers Market Export to Major Countries |
7.2 India Plastic Containers Market Imports from Major Countries |
8 India Plastic Containers Market Key Performance Indicators |
9 India Plastic Containers Market - Opportunity Assessment |
9.1 India Plastic Containers Market Opportunity Assessment, By Material , 2020 & 2030F |
9.2 India Plastic Containers Market Opportunity Assessment, By End-user, 2020 & 2030F |
10 India Plastic Containers Market - Competitive Landscape |
10.1 India Plastic Containers Market Revenue Share, By Companies, 2023 |
10.2 India Plastic Containers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |