India Plastic Packaging Market Size & Outlook, 2023-2030
India plastic packaging market, 2018-2030 (US$M)
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India plastic packaging market highlights
- The India plastic packaging market generated a revenue of USD 34,120.0 million in 2023 and is expected to reach USD 47,410.0 million by 2030.
- The India market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
- In terms of segment, polyethylene terephthalate (pet) was the largest revenue generating material in 2023.
- Bioplastics is the most lucrative material segment registering the fastest growth during the forecast period.
Plastic packaging market data book summary
| Market revenue in 2023 | USD 34,120.0 million |
| Market revenue in 2030 | USD 47,410.0 million |
| Growth rate | 4.8% (CAGR from 2023 to 2030) |
| Largest segment | Polyethylene terephthalate (pet) |
| Fastest growing segment | Bioplastics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyethylene Terephthalate (PET), Polyethylene (PE), Polystyrene (PS), Polypropylene (PP), Polyvinyl Chloride (PVC), Bioplastics |
Other key industry trends
- In terms of revenue, India accounted for 8.9% of the global plastic 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 plastic 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 47,410.0 million by 2030.
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Plastic Packaging Market Scope
Plastic Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India plastic 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 plastic packaging market will help companies and investors design strategic landscapes.
Polyethylene terephthalate (pet) was the largest segment with a revenue share of 33.12% in 2023. Horizon Databook has segmented the India plastic packaging market based on polyethylene terephthalate (pet), polyethylene (pe), polystyrene (ps), polypropylene (pp), polyvinyl chloride (pvc), bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
- India Plastic Packaging Material Outlook (Revenue, USD Million, 2018-2030)
- Polyethylene Terephthalate (PET)
- Polyethylene (PE)
- Polystyrene (PS)
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
- Bioplastics
- Others
- India Plastic Packaging Technology Outlook (Revenue, USD Million, 2018-2030)
- Injection Molding
- Extrusion
- Blow Molding
- Thermoforming
- Others
- India Plastic Packaging Type Outlook (Revenue, USD Million, 2018-2030)
- Rigid
- Bottles & Jars
- Cans
- Trays & Containers
- Caps & Closures
- Others
- Flexible
- Wraps & Films
- Bags
- Pouches
- Others
- Rigid
- India Plastic Packaging Application Outlook (Revenue, USD Million, 2018-2030)
- Food & Beverages
- Industrial Packaging
- Pharmaceuticals
- Personal & Household Care
- Others
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Target buyers of India plastic packaging market databook
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Our clientele includes a mix of plastic 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India plastic packaging market , including forecasts for subscribers. This country databook contains high-level insights into India plastic packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India plastic packaging market size, by material, 2018-2030 (US$M)
India Plastic Packaging Market Outlook Share, 2023 & 2030 (US$M)
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Related regional statistics
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