India Returnable Packaging Market Size & Outlook
India returnable packaging market, 2018-2030 (US$M)
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India returnable packaging market highlights
- The India returnable packaging market generated a revenue of USD 7,460.9 million in 2023 and is expected to reach USD 12,335.8 million by 2030.
- The India market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
- In terms of segment, plastic was the largest revenue generating material in 2023.
- Metal is the most lucrative material segment registering the fastest growth during the forecast period.
Returnable packaging market data book summary
| Market revenue in 2023 | USD 7,460.9 million |
| Market revenue in 2030 | USD 12,335.8 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Plastic |
| Fastest growing segment | Metal |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastic, Metal, Wood |
| Key market players worldwide | AMETEK Inc, Incitec Pivot Ltd, Packaged Pumping Stations, Tri-pack Packaging Systems, ORBIS Corp., Nefab Group, CHEP, Four U Packaging & Supplies, UBEECO Packaging Solutions, Returnable Packaging Resource, RPP Containers, Brookfield Business Partners LP |
Other key industry trends
- In terms of revenue, India accounted for 6.5% of the global returnable 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 returnable 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 12,335.8 million by 2030.
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Returnable Packaging Market Scope
Returnable Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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India returnable 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 returnable packaging market will help companies and investors design strategic landscapes.
Plastic was the largest segment with a revenue share of 64.86% in 2023. Horizon Databook has segmented the India returnable packaging market based on plastic, metal, wood covering the revenue growth of each sub-segment from 2018 to 2030.
India is one of the fastest-growing economies in the APAC region. India is expected to witness the highest growth in returnable packaging owing to a high population, growing per capita income levels, increasing urbanization, and changing consumer demand that is driving the growth of various sectors in the country.
Increasing global trade and commitment towards lowering trade barriers and rationalizing the tariffs is expected to increase the import/export activities, boosting the demand for packaging solutions in the country.
Raw materials such as plastic, wood, and metals like aluminum and steel are available in abundant quantities in the country. In India, plastic dominated the material segment owing to the costeffectiveness.
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Our clientele includes a mix of returnable packaging market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India returnable packaging market , including forecasts for subscribers. This country databook contains high-level insights into India returnable packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India returnable packaging market size, by material, 2018-2030 (US$M)
India Returnable Packaging Market Outlook Share, 2023 & 2030 (US$M)
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