Market revenue in 2023 | USD 3,356.9 million |
Market revenue in 2030 | USD 5,578.0 million |
Growth rate | 7.5% (CAGR from 2023 to 2030) |
Largest segment | Plastics |
Fastest growing segment | Bioplastics |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Plastics, Paper, Metal, Bioplastics |
Key market players worldwide | Amcor PLC, Mondi PLC, Sealed Air Corp, Constantia Flexibles, Coveris, Goglio Group, ProAmpac, Gualapack SpA, Huhtamäki Oyj, Smurfit Kappa Group PLC |
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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 pouches market will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 65.38% in 2023. Horizon Databook has segmented the India pouches market based on plastics, paper, metal, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
With a growing population and rapid urbanization, India is one of the largest consumer markets in the world. The country is seeing an upward trend in the consumption of packaged foods due to the growth in the middle-class population with high disposable incomes.
With many players such as Tata, Unilever, and Nestlé introducing novel ready-to-eat meals, consumers are presented with a variety of options. Moreover, expanding physical and online retail networks across the country are expected to intensify the growth of end-use industry, thereby, benefitting the pouches market growth in India over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the India pouches market , including forecasts for subscribers. This country databook contains high-level insights into India pouches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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