India Molded Pulp Packaging Market Size & Outlook
India molded pulp packaging market, 2018-2030 (US$M)
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India molded pulp packaging market highlights
- The India molded pulp packaging market generated a revenue of USD 251.9 million in 2023 and is expected to reach USD 472.3 million by 2030.
- The India market is expected to grow at a CAGR of 9.4% from 2024 to 2030.
- In terms of segment, wood pulp was the largest revenue generating source in 2023.
- Non-Wood Pulp is the most lucrative source segment registering the fastest growth during the forecast period.
Molded pulp packaging market data book summary
| Market revenue in 2023 | USD 251.9 million |
| Market revenue in 2030 | USD 472.3 million |
| Growth rate | 9.4% (CAGR from 2023 to 2030) |
| Largest segment | Wood pulp |
| Fastest growing segment | Non-Wood Pulp |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wood Pulp, Non-Wood Pulp |
| Key market players worldwide | Huhtamäki Oyj, Genpak, Pro-Pac Packaging (Aust) Pty Ltd, Brødrene Hartmann, CKF, Sonoco Products Co, Eco Products, Fabri-Kal, Henry Molded Products, Sabert Corp., MVI ECOPACK, Pton Molded Fiber Products Co. |
Other key industry trends
- In terms of revenue, India accounted for 4.6% of the global molded pulp packaging market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China molded pulp packaging market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 472.3 million by 2030.
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Molded Pulp Packaging Market Scope
Molded Pulp Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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India molded pulp packaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to molded pulp packaging market will help companies and investors design strategic landscapes.
Wood pulp was the largest segment with a revenue share of 86.03% in 2023. Horizon Databook has segmented the India molded pulp packaging market based on wood pulp, non-wood pulp covering the revenue growth of each sub-segment from 2018 to 2030.
India has emerged as one of the prominent players in packaging industry with numerous packaging solution providers thriving to meet the market demand. Although no strict regulations are imposed on the usage of plastic as a packaging material, companies and brand owners have made it a point to meet consumer expectations by reducing the usage of plastic and move toward a more sustainable form of packaging.
Consumer awareness about environment safety and steps toward reducing landfill is augmenting the market demand. Moreover, molded pulp packaging solutions are widely in demand in the country which can be ascribed to India’s vibrant food service industry and upcoming electronic market.
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Target buyers of India molded pulp packaging market databook
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Our clientele includes a mix of molded pulp packaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India molded pulp packaging market , including forecasts for subscribers. This country databook contains high-level insights into India molded pulp packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India molded pulp packaging market size, by source, 2018-2030 (US$M)
India Molded Pulp Packaging Market Outlook Share, 2023 & 2030 (US$M)
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