The latest report by IMARC, titled “India Green Packaging Market Report by Packaging Type (Recycled Content Packaging, Reusable Packaging, Degradable Packaging), End Use Industry (Food Industry, Beverage Industry, Healthcare Industry, Personal Care Industry, and Others), and Region 2024-2032”, finds that India green packaging market is expected to grow at a CAGR of 6.52% during 2024-2032. Green packaging, also known as sustainable packaging, refers to a kind of packaging that utilizes reusable, compostable, or biodegradable materials. It also includes recycling and manufacturing techniques that reduce pollution. Some of the most commonly used materials for packaging include recycled paper, plant-based plastics, Styrofoam, and re-used polyethylene (PE) bags. It utilizes clean-energy, alternative sources, including solar wind and biofuel, for transportation purposes, thereby reducing the consequences of traditional packaging methods on the environment. In recent years, green packaging has gained traction in India as it reduces packaging waste generation, resulting in fewer carbon footprints.
India Green Packaging Market Trends:
One of the primary factors driving the market is the rising environmental consciousness amongst the masses across the country. As a result, green packaging solutions are widely adopted in various industry verticals, including food and beverage (F&B), consumer goods, personal body care, pharmaceutical, and automotive. Other than this, the growing demand for ready-to-cook and ready-to-eat foods owing to the busy lifestyle is positively influencing the market growth. Besides this, numerous favorable initiatives implemented by the Government of India (GoI) to promote the utilization of eco-friendly packaging materials are propelling the market growth. Other growth-inducing factors include rapid urbanization, significant economic development in the country, expanding income levels of the masses, and numerous upgradations in packaging technology.
Market Summary:
- Based on the packaging type, the market has been divided into recycled content packaging (paper, plastic, metal, glass, and others), reusable packaging (drum, plastic container, and others), and degradable packaging.
- On the basis of the end use industry, the market has been segmented into food, beverage, healthcare, personal care, and other industries.
- Region-wise, the market has been classified into North India, West and Central India, South India, and East India.
- The competitive landscape of the market has also been analyzed, along with detailed profiles of the key players operating in the industry.
Report Scope:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Segment Coverage |
Packaging Type, End Use Industry, Region |
Region Covered |
North India, West and Central India, South India, East India |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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