Latest News- Flexible Packaging Market in India: Food and beverage industry is expected to lead the End-user segment during 2025-2029
The Flexible Packaging Market in India is being driven by Shift toward flexible packaging due to high logistics costs in India
The Flexible Packaging Market in India is expected to grow at a CAGR of 12.7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 17494.4 million. In the intensely competitive flexible packaging market in India, vendors are innovating to offer advanced solutions that not only enhance the visual appeal of their products but also provide significant benefits to buyers. One such innovation is the adoption of stand-up pouches, particularly in the food industry. These pouches, which weigh approximately 5% of the total weight of glass bottles, offer unparalleled portability and functionality. Moreover, they are increasingly replacing cans for storing processed food due to their lightweight nature and tamper-evident features, thereby streamlining supply chain management.
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Which Factors Are Causing a Surge in Market Growth?
The market is segmented based on End-user (Food and beverage industry, Pharmaceutical industry, Personal care industry, Others) Material (Plastic, Paper, Aluminum) Product (Pouches, Bags, Films and wraps, Others) Geography (APAC).
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
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Key Features in Flexible Packaging Market in India Research Report
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The Indian flexible packaging market encompasses various sectors, with the personal care industry being a significant contributor. This market utilizes raw materials like plastic, paper, and metal for creating packaging types such as bags/sachets, film, foil, tubes, and wrappers. Flexographic printing is commonly used for decoration. Bioplastics, derived from renewable resources, are gaining popularity due to their eco-friendliness and longer food shelf life. Biodegradable materials like paper and bioplastics reduce food wastage and contribute to solid waste management. Recyclability and circular packaging are key trends, with low density polyethylene and other raw materials playing a role. Glass packaging is also being challenged by the versatility and convenience of flexible packaging.
The Indian flexible packaging market, a segment of the global paper and plastic packaging products and materials market, is primarily driven by the personal care industry's growing demand for lightweight, recyclable, and eco-friendly packaging solutions. Raw materials used in this market include plastic, paper, and metal. Paper packaging, with its attributes of biodegradability, recyclability, and lightweight, is a preferred choice for various applications. Plastics, such as polypropylene, polyethylene, and polyvinyl chloride, are widely used due to their durability, cost-effectiveness, and performance. The Paris Agreement's emphasis on reducing carbon footprints has further boosted the demand for recyclable and sustainable packaging solutions.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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