India Green Packaging Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

India Green Packaging Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112024A4034
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Market Overview 2023-2028:

The India green packaging market is expected to exhibit a growth rate (CAGR) of 7.24% during 2023-2028.

Green packaging refers to a sustainable packaging solution that utilizes biodegradable materials and energy-efficient manufacturing techniques. Some of the common materials employed for producing green packaging include plant-based plastics, recycled paper, Styrofoam, and re-used polyethylene (PE) bags. It uses alternative, clean-energy sources, such as wind, solar, and biofuel for transportation purposes, thus resulting in reduced environmental impact. As compared to traditionally used synthetic packaging, green packaging limits the generation of packaging waste, thereby lowering the overall carbon footprint.

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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One of the key factors driving the India green packaging market is the rising consumer awareness toward environmental conservation. This is further supported by several initiatives launched by the Government of India (GoI) to promote the usage of eco-friendly packaging materials. Additionally, the widespread adoption of green packaging solutions in various end-use industries, especially the food and beverage (F&B) industry, is also supporting the market growth in the country. Rapid urbanization and rising economic development in India have led to the incorporation of advanced packaging technologies, which are positively influencing the green packaging market in the country.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India green packaging market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on packaging type and end use industry.

Breakup by Packaging Type:

 

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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  • Recycled Content Packaging
    • Paper
    • Plastic
    • Metal
    • Glass
    • Others
  • Reusable Packaging
    • Drum
    • Plastic Container
    • Others
  • Degradable Packaging
     

Breakup by End Use Industry:

  • Food Industry
  • Beverage Industry
  • Healthcare Industry
  • Personal Care Industry
  • Others
     

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
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$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
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)

Key Questions Answered in This Report

We expect the India green packaging market to exhibit a CAGR of 7.24% during 2023-2028.

The rising consumer awareness towards environmental conservation, along with the launch of favorable policies by government bodies across the country to promote the usage of eco-friendly packaging materials, is primarily driving the India green packaging market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across the nation, resulting in the temporary closure of various end-use industries for green packaging.

Based on the packaging type, the India green packaging market has been segregated into recycled content packaging, reusable packaging, and degradable packaging. Among these, recycled content packaging, including paper currently exhibits clear dominance in the market.

Based on the end use industry, the India green packaging market can be bifurcated into food industry, beverage industry, healthcare industry, personal care industry, and others. Currently, the food industry holds the largest market share.

On a regional level, the market has been classified into North India, West and Central India, South India, and East India, where West and Central India currently dominates the India green packaging market.

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India Green Packaging Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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