| Product Code: ETC4511305 | Publication Date: Jul 2023 | Updated Date: Oct 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
India`s polyfilm import market in 2024 saw significant shipments from top exporting countries such as China, Germany, South Korea, Japan, and Malaysia. Despite this diverse source of imports, the market displayed a moderate concentration level based on the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) for the period 2020-2024 was -0.47%, indicating a slight decline in demand. Furthermore, the growth rate from 2023 to 2024 was recorded at -2.41%, suggesting a deceleration in the pace of import growth within the industry.
Polyfilms are used in packaging, agriculture, and construction. The India Polyfilm market is expanding due to the diverse applications and the growth of these industries.
The polyfilm market in India is thriving due to multiple driving factors. The packaging industry, especially for food and beverages, pharmaceuticals, and consumer goods, is a major consumer of polyfilms, and the ever-growing demand for these products is fueling market growth. Polyfilms offer excellent barrier properties, enhancing the shelf life of products and preventing contamination. Furthermore, the construction industry has adopted polyfilms for applications such as roofing and insulation due to their lightweight and durability characteristics. The focus on sustainable packaging and the government`s initiatives to reduce single-use plastics have also led to innovations in eco-friendly polyfilms, contributing to market expansion.
Polyfilm manufacturers in India must address challenges such as developing films with specific properties for packaging, agriculture, and construction. Balancing cost and performance is crucial.
The India Polyfilm market, catering to packaging, agriculture, and construction industries, faced a complex impact from COVID-19. While the packaging industry witnessed increased demand for flexible packaging materials during the pandemic, other segments like agriculture and construction experienced disruptions. The market`s response relied on manufacturers` ability to adapt to changing market dynamics and diversify their offerings to meet evolving consumer and industrial needs.
Leading contributors to the India polyfilm market include Uflex Ltd, Cosmo Films Ltd, Jindal Poly Films Ltd, Polyplex Corporation Limited, and Flex Films (USA) Inc.
| 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 Polyfilm Market Overview | 
| 3.1 India Country Macro Economic Indicators | 
| 3.2 India Polyfilm Market Revenues & Volume, 2021 & 2031F | 
| 3.3 India Polyfilm Market - Industry Life Cycle | 
| 3.4 India Polyfilm Market - Porter's Five Forces | 
| 3.5 India Polyfilm Market Revenues & Volume Share, By Resin Type, 2021 & 2031F | 
| 3.6 India Polyfilm Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F | 
| 4 India Polyfilm Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing demand for flexible packaging solutions in industries such as food and beverages, pharmaceuticals, and consumer goods. | 
| 4.2.2 Growing population and urbanization leading to higher consumption of packaged goods. | 
| 4.2.3 Technological advancements in polyfilm manufacturing processes, leading to improved quality and cost-effectiveness. | 
| 4.3 Market Restraints | 
| 4.3.1 Volatile raw material prices, such as petroleum-based products, impacting the production costs of polyfilms. | 
| 4.3.2 Environmental concerns and regulations regarding the disposal and recycling of polyfilms. | 
| 4.3.3 Intense competition in the market leading to pricing pressures and margin squeeze for manufacturers. | 
| 5 India Polyfilm Market Trends | 
| 6 India Polyfilm Market, By Types | 
| 6.1 India Polyfilm Market, By Resin Type | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 India Polyfilm Market Revenues & Volume, By Resin Type, 2021-2031F | 
| 6.1.3 India Polyfilm Market Revenues & Volume, By LLDPE, 2021-2031F | 
| 6.1.4 India Polyfilm Market Revenues & Volume, By LDPE, 2021-2031F | 
| 6.1.5 India Polyfilm Market Revenues & Volume, By HDPE, 2021-2031F | 
| 6.1.6 India Polyfilm Market Revenues & Volume, By BoPP, 2021-2031F | 
| 6.1.7 India Polyfilm Market Revenues & Volume, By CPP, 2021-2031F | 
| 6.1.8 India Polyfilm Market Revenues & Volume, By PVC, 2021-2031F | 
| 6.1.9 India Polyfilm Market Revenues & Volume, By BoPA, 2021-2031F | 
| 6.1.10 India Polyfilm Market Revenues & Volume, By BoPA, 2021-2031F | 
| 6.2 India Polyfilm Market, By End Use Industry | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 India Polyfilm Market Revenues & Volume, By Agriculture, 2021-2031F | 
| 6.2.3 India Polyfilm Market Revenues & Volume, By Packaging, 2021-2031F | 
| 6.2.4 India Polyfilm Market Revenues & Volume, By Building & Construction, 2021-2031F | 
| 6.2.5 India Polyfilm Market Revenues & Volume, By Consumer Goods, 2021-2031F | 
| 6.2.6 India Polyfilm Market Revenues & Volume, By Medical, 2021-2031F | 
| 7 India Polyfilm Market Import-Export Trade Statistics | 
| 7.1 India Polyfilm Market Export to Major Countries | 
| 7.2 India Polyfilm Market Imports from Major Countries | 
| 8 India Polyfilm Market Key Performance Indicators | 
| 8.1 Recycling rate of polyfilms in India. | 
| 8.2 Adoption rate of sustainable and eco-friendly polyfilm alternatives. | 
| 8.3 Investment in research and development for innovative polyfilm products. | 
| 8.4 Utilization rate of advanced manufacturing technologies in the production of polyfilms. | 
| 8.5 Number of partnerships and collaborations between polyfilm manufacturers and end-user industries for customized solutions. | 
| 9 India Polyfilm Market - Opportunity Assessment | 
| 9.1 India Polyfilm Market Opportunity Assessment, By Resin Type, 2021 & 2031F | 
| 9.2 India Polyfilm Market Opportunity Assessment, By End Use Industry, 2021 & 2031F | 
| 10 India Polyfilm Market - Competitive Landscape | 
| 10.1 India Polyfilm Market Revenue Share, By Companies, 2024 | 
| 10.2 India Polyfilm Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 
| 13 Disclaimer |