India Cold Chain Packaging Market Size & Outlook
The cold chain packaging market in India is expected to reach a projected revenue of US$ 2,342.2 million by 2030. A compound annual growth rate of 13.6% is expected of India cold chain packaging market from 2024 to 2030.
Revenue, 2023 (US$M)
$961.4
Forecast, 2030 (US$M)
$2,342.2
CAGR, 2024 - 2030
13.6%
Report Coverage
India
India cold chain packaging market, 2018-2030 (US$M)
Related Markets
India cold chain packaging market highlights
- The India cold chain packaging market generated a revenue of USD 961.4 million in 2023 and is expected to reach USD 2,342.2 million by 2030.
- The India market is expected to grow at a CAGR of 13.6% from 2024 to 2030.
- In terms of segment, expanded polystyrene (eps) was the largest revenue generating material in 2023.
- Paper & Paperboard is the most lucrative material segment registering the fastest growth during the forecast period.
Cold chain packaging market data book summary
| Market revenue in 2023 | USD 961.4 million |
| Market revenue in 2030 | USD 2,342.2 million |
| Growth rate | 13.6% (CAGR from 2023 to 2030) |
| Largest segment | Expanded polystyrene (eps) |
| Fastest growing segment | Paper & Paperboard |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Expanded Polystyrene (EPS), Polyurethane Rigid Foam (PUR), Paper & Paperboard, Others (Fiberglass, Jute, silica) |
| Key market players worldwide | Cascades Inc, Cryopak, Vinci SA, CSafe Global, Sonoco Products Co, va-Q-tec AG |
Other key industry trends
- In terms of revenue, India accounted for 3.7% of the global cold chain 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 cold chain packaging market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,640.8 million by 2030.
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Cold Chain Packaging Market Scope
Cold chain packaging market segmentation & scope
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Cold Chain Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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India cold chain packaging market size, by material, 2018-2030 (US$M)
India Cold Chain Packaging Market Outlook Share, 2023 & 2030 (US$M)
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