India Aseptic Packaging Market Size & Outlook, 2023-2030
India aseptic packaging market, 2018-2030 (US$M)
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India aseptic packaging market highlights
- The India aseptic packaging market generated a revenue of USD 2,087.4 million in 2023 and is expected to reach USD 3,608.8 million by 2030.
- The India market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
- In terms of segment, paper & paperboard was the largest revenue generating material in 2023.
- Paper & Paperboard is the most lucrative material segment registering the fastest growth during the forecast period.
Aseptic packaging market data book summary
| Market revenue in 2023 | USD 2,087.4 million |
| Market revenue in 2030 | USD 3,608.8 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | Paper & paperboard |
| Fastest growing segment | Paper & Paperboard |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Paper & Paperboard, Plastics |
Other key industry trends
- In terms of revenue, India accounted for 8.7% of the global aseptic packaging market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China aseptic packaging market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,186.2 million by 2030.
Paper & paperboard was the largest segment with a revenue share of 51.67% in 2023. Horizon Databook has segmented the India aseptic packaging market based on paper & paperboard, plastics covering the revenue growth of each sub-segment from 2018 to 2030.
Indian beverage packaging manufacturers are investing more in technology alternatives, which has the ability to preserve food taste and flavors. With growing demand for aseptically packed food and beverage items by consumers, as they ensure product safety and sterility, the market for aseptic packaging in India is expected to grow at a significant rate over the forecast period.
Growing urbanization in the country coupled with changing consumer eating habits is expected to drive demand for ready to eat snacks, meals and beverages such as juices and energy drinks, which in turn is anticipated to drive the industry growth.
India is one of the leading producers of milk across the world, with major milk suppliers located in rural areas. With the tropical weather in the country, it is difficult to store and transfer milk and milk products without refrigeration.
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Aseptic Packaging Market Scope
Aseptic Packaging Market Companies
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India aseptic packaging market size, by material, 2018-2030 (US$M)
India Aseptic Packaging Market Outlook Share, 2023 & 2030 (US$M)
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