Food Packaging Market - India

Market Statistics

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 6.70 % (2024-2032)

India's food packaging market is rapidly growing, driven by increasing urbanization, demand for convenience foods, and advancements in packaging technologies, ensuring food safety and extending shelf life. According to the latest report by IMARC Group, the market is projected to exhibit a growth rate (CAGR) of 6.70% during 2024-2032.

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India Food Packaging Market Trends and Drivers:

• Rapid Growth : The market is growing rapidly, driven by increasing urbanization, demand for convenience foods, and advancements in packaging technologies. This growth ensures food safety and extends shelf life.

• Market Projection : According to the latest report by IMARC Group, the market is projected to exhibit a growth rate (CAGR) of 6.70% during 2024-2032.

Trends and Drivers in the Indian Food Packaging Market

• Urbanization and Convenience Foods :

  • Rising demand for convenience foods due to increased urbanization.
  • Growth in ready-to-eat and easy-to-prepare food products.
  • Increased need for advanced packaging solutions to enhance shelf life and preserve food quality.

• Food Safety and Hygiene :

  • Heightened consumer awareness of food safety and hygiene.
  • Adoption of superior packaging materials and technologies by manufacturers.
  • Government initiatives promoting food safety standards and regulations.
  • Expansion of retail chains and online food delivery services.

• Sustainability and Eco-Friendly Materials :

  • Growing emphasis on sustainability and eco-friendly packaging materials.
  • Increasing consumer demand for environmentally conscious packaging solutions.

• Technological Advancements :

  • Technological developments in packaging, such as smart packaging and active packaging.
  • Enhancements in shelf life and safety of food products.
  • Additional benefits like tracking and maintaining optimal conditions for perishable goods.
  • Integration of advanced technologies driving the market's dynamism and adaptability to evolving consumer preferences and regulatory requirements.

India Food Packaging Market Report Segmentation:

The report has segmented the market into the following categories:

Breakdown by Packaging Type:

• Flexible
• Paper and Paperboard
• Rigid Plastic
• Glass
• Metal
• Others

Breakup by Application:

• Bakery, Confectionary, Pasta, and Noodles
• Dairy Products
• Sauces, Dressings, and Condiments
• Snacks and Side Dishes
• Convenience Foods
• Meat, Fish, and Poultry
• Fruits and Vegetables
• Others

Breakdown by Region:

• North India
• West and Central India
• South India
• East and Northeast India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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Key Highlights of the Report:

•  Market Performance (2018-2023)

•  Market Outlook (2024-2032)

• Market Trends

• Market Drivers and Success Factors

• Impact of COVID-19

• Value Chain Analysis

• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as part of the customization.

About Us:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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