India rigid plastic packaging market is expected to reach USD18.02 billion by 2027 with CAGR of 8.01% during forecast. Free Sample Report.
India rigid plastic packaging market is expected to reach USD18.02 billion by 2027F, growing at a CAGR of 8.01% during the forecast period. India’s rigid plastic packaging market is mainly driven by rising GDP, increasing per capita income, surging sales through e-commerce, changing consumer perception, etc.
Rigid packaging and flexible packaging are the two main types of packaging. Traditional packaging types such as glass bottles and jars, cartons, and metal cans have been largely replaced by the rigid plastic packaging industry. For a variety of reasons, rigid plastic packaging is frequently preferred over traditional pack types, including lighter weight, lower comparative cost, design flexibility, and ease of recycling.
The market’s expected growth can be attributed to the strong growth of the food and beverage industry, which is the primary end-user of rigid plastic packaging. In the food and beverage industry, rigid plastic packaging is in high demand to ensure food safety and shelf life. In addition, due to rising healthcare spending, the healthcare industry, which is another major end-user of rigid plastic packaging, has seen strong growth in the last decade. Moisture resistance, tamper-proof caps, light and chemical resistance, and other properties of rigid plastic packaging are gaining traction in the healthcare sector.
For a brief period during the COVID-19 pandemic, the production and manufacturing of plastics, primarily for the cosmetics, paint and coatings industry and other industries, was devastated. As a result, many producers were forced to shut down their operations. As a result of the lockdown, both demand and supply in the rigid plastic market declined significantly, negatively impacting market growth in a short period.
The Indian pharmaceutical market is growing at a double-digit rate. Pharmaceutical packaging is becoming an increasingly important component of the drug delivery system. Pharmaceutical companies are increasingly relying on packaging and labeling as a means of protecting and promoting their products, as well as increasing patient compliance and complying with new regulations. Plastics have also become increasingly important in pharmaceutical packaging due to properties such as moisture barrier, high dimensional stability, high impact strength, resistance to strain, low water absorption, transparency, heat and flame resistance, and so on.
India is becoming more of a manufacturing hub, and its exports are increasing as well. To cater to the international market, packaging standards are being raised, which necessitates the use of better packaging methods such as blow molding, injection molding, rotomolding, and others (thermoforming, extrusion, etc.) as well as materials such as PE, PET, PP, PS, EPS, and others (PC, PL, PVC) and machinery to ensure that the end product quality and visual appeal are of the highest standard.
Plastics can be made re-sealable, reusable, and moslded into desired shapes, rigid packs, and innovative designs, for example, resulting in consumer-friendly packaging that is easy to handle, dispose of, and store. New flexible packaging products, such as vacuum pouches, high-temperature retort pouches, and stand-up pouches, may cause packaging trends to shift.
Click here to download Free sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=3885
The India rigid plastic packaging market is segmented based on raw material, type, production process, end user, region, and competitional landscape. Based on raw material, the market is categorized by PE, PET, PP, PS, EPS, and others (PC, PL, PVC). Based on type, the market is further fragmented into Bottles & Jars, Rigid Bulk Products, Trays & Tubs, and others (Cups, Pots) etc. Based on end user, the market is segmented into Blow Molding, Injection Molding, Rotomolding, and others (Thermoforming, Extrusion, etc.). The market analysis also studies the regional segmentation to devise regional market segmentation, divided among west, north, south, and east regions.
Time Technoplast Ltd., Manjushree Technopack Limited, Mold-Tek Packaging Limited, Hitech Corporation Limited, Amcor Rigid Plastics India Private Limited, Pearl Polymers Limited, Parekhplast India Limited, EPL Limited, Sintex Plastics Technology Limited, and Conitex Sonoco India Private Limited, and others, are among the major market players in the plastic packaging industry that led the market growth of the India rigid plastic packaging market.
| Attribute | Details |
| Market Size Value in 2021 | USD11.54 Billion |
| Revenue Forecast in 2027F | USD 18.02 Billion |
| Growth Rate | 8.01% |
| Base Year | 2021 |
| Historical Years | 2017 – 2020 |
| Estimated Year | 2022E |
| Forecast Period | 2023F– 2027F |
| Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027F |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Raw Material · Type · Production Process · End User · Region · Company |
| Regional Scope | West, North, South, East |
| Key Companies Profiled | Time Technoplast Ltd., Manjushree Technopack Limited, Mold-Tek Packaging Limited, Hitech Corporation Limited, Amcor Rigid Plastics India Private Limited, Pearl Polymers Limited, Parekhplast India Limited, EPL Limited, Sintex Plastics Technology Limited, and Conitex Sonoco India Private Limited, etc. |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
In this report, India Rigid Plastic Packaging market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in India Rigid Plastic Packaging market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
India Plastic Recycling Market {2028} – Analysis, Size, Trends, & Insights
Hydrogen Generation Market {2027} – Analysis, Size, Trends, & Insights
4.1. Brand Awareness
4.2. Brand Satisfaction
4.3. Major Influencing Factors while Selecting the Supplier
4.4. Challenges Faced
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By By Raw Material (Polyethylene (PE), Polyethylene Terephthalate (PET), Polypropylene (PP), Polystyrene (PS), Expanded Polystyrene (EPS), and Others)
5.2.2. By Type (Bottles & Jars, Rigid Bulk Products, Trays & Tubs, and Others)
5.2.3. By Production Process (Blow Molding, Injection Molding, Rotomolding, and Others)
5.2.4. By End User (Food & Beverages, Industrial, Healthcare, Cosmetics & Toiletries, and Others)
5.2.5. By Region (West, North, South, East)
5.2.6. By Company
5.3. Market Map (Raw Material, Type and Region)
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Raw Material (Polyethylene (PE), Polyethylene Terephthalate (PET), Polypropylene (PP), Polystyrene (PS), Expanded Polystyrene (EPS), and Others)
6.2.2. By Type (Bottles & Jars, Rigid Bulk Products, Trays & Tubs, and Others)
6.2.3. By Production Process (Blow Molding, Injection Molding, Rotomolding, and Others)
6.2.4. By End User (Food & Beverages, Industrial, Healthcare, Cosmetics & Toiletries, and Others)
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Raw Material (Polyethylene (PE), Polyethylene Terephthalate (PET), Polypropylene (PP), Polystyrene (PS), Expanded Polystyrene (EPS), and Others)
7.2.2. By Type (Bottles & Jars, Rigid Bulk Products, Trays & Tubs, and Others)
7.2.3. By Production Process (Blow Molding, Injection Molding, Rotomolding, and Others)
7.2.4. By End User (Food & Beverages, Industrial, Healthcare, Cosmetics & Toiletries, and Others)
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Raw Material (Polyethylene (PE), Polyethylene Terephthalate (PET), Polypropylene (PP), Polystyrene (PS), Expanded Polystyrene (EPS), and Others)
8.2.2. By Type (Bottles & Jars, Rigid Bulk Products, Trays & Tubs, and Others)
8.2.3. By Production Process (Blow Molding, Injection Molding, Rotomolding, and Others)
8.2.4. By End User (Food & Beverages, Industrial, Healthcare, Cosmetics & Toiletries, and Others)
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Raw Material (Polyethylene (PE), Polyethylene Terephthalate (PET), Polypropylene (PP), Polystyrene (PS), Expanded Polystyrene (EPS), and Others)
9.2.2. By Type (Bottles & Jars, Rigid Bulk Products, Trays & Tubs, and Others)
9.2.3. By Production Process (Blow Molding, Injection Molding, Rotomolding, and Others)
9.2.4. By End User (Food & Beverages, Industrial, Healthcare, Cosmetics & Toiletries, and Others)
10.1. Drivers
10.2. Challenges/Restraints
15.1. Company Profiles
15.1.1. Time Technoplast Ltd.
15.1.2. Manjushree Technopack Limited
15.1.3. Mold-Tek Packaging Limited
15.1.4. Hitech Corporation Limited
15.1.5. Amcor Rigid Plastics India Private Limited
15.1.6. Pearl Polymers Limited
15.1.7. Parekhplast India Limited
15.1.8. EPL Limited
15.1.9. Sintex Plastics Technology Limited
15.1.10. ssConitex Sonoco India Private Limited
Overview and Scope Intracranial pressure (ICP) monitoring devices refer to medical devices used to measure…
Overview and Scope Gastroesophageal reflux disease (GERD) therapeutics is a medication for chronic medical illness…
The formic acid market size is expected to see strong growth in the next few…
Overview and Scope Fill finish manufacturing refers to the final stage of the pharmaceutical manufacturing…
Overview and Scope The Internet of Things (IoT) in the chemicals refers to a process…
The ferrochrome market size is expected to see strong growth in the next few years.…