IMARC Group, a leading market research company, has recently releases report titled “India Flexible Packaging Market Report by Product Type (Printed Rollstock, Preformed Bags and Pouches, and Others), Raw Material (Plastic, Paper, Aluminium Foil, Cellulose), Printing Technology (Flexography, Rotogravure, Digital, and Others), Application (Food and Beverages, Pharmaceuticals, Cosmetics, and Others), and Region 2024-2032”. The study provides a detailed analysis of the industry, including the India flexible packaging market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big is the India Flexible Packaging Market?
The India flexible packaging market size is projected to exhibit a growth rate (CAGR) of 12.90% during 2024-2032.
India Flexible Packaging Market Outlook:
The growing food and beverage industry as well as the rising need for convenient and sustainable packaging solutions are the factors responsible for the growth of India flexible packaging market. Additionally, the demand for flexible packaging is escalating as it is known for its versatility, cost-effectiveness, and lightweight nature. The shift towards smaller, single-serve packaging formats is driven by changing consumer lifestyles and preferences for on-the-go consumption. Moreover, the growth of the e-commerce sector is fueling the requirement for flexible packaging, as it provides superior protection and reduces shipping costs. The ability to create eye-catching designs and innovative packaging shapes also enhances product appeal on retail shelves, further driving market growth.
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India Flexible Packaging Market Trends:
Another significant trend in India flexible packaging market is the increasing emphasis on sustainability and eco-friendly materials. In addition to this, consumers and businesses are seeking packaging solutions that minimize environmental impact, with growing environmental awareness. This has led to the development of biodegradable and recyclable flexible packaging materials. Furthermore, companies are investing in research and development to create sustainable alternatives, such as compostable films and bio-based plastics, to meet regulatory requirements and consumer expectations, thereby stimulating the market. In line with this, advancements in packaging technology are enhancing the functionality and shelf life of products, making flexible packaging a preferred choice across various industries, including pharmaceuticals, personal care, and household products, which is anticipated to drive the India flexible packaging market over the forecasted period.
India Flexible Packaging Market Segmentation:
Product Type Insights:
- Printed Rollstock
- Preformed Bags and Pouches
- Others
Raw Material Insights:
- Plastic
- Paper
- Aluminium Foil
- Cellulose
Printing Technology Insights:
- Flexography
- Rotogravure
- Digital
- Others
Application Insights:
- Food and Beverages
- Pharmaceuticals
- Cosmetics
- Others
Regional Insights:
- North India
- West and Central India
- South India
- East and Northeast India
Ask Analyst for Customization and Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=21804&flag=C
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 a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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