Authored By: Sarah
12 Feb 2025

Latest News- Plastic Crates Market in India: Food and beverages is expected to lead the End-user segment during 2025-2029

The Plastic Crates Market in India is being driven by Globalization and increasing international trade

The Plastic Crates Market in India is expected to grow at a CAGR of 8.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 392.7 million. In response to India's expanding population and the necessity of maintaining self-sufficiency in food grain production, the country is undergoing a new agricultural revolution. Innovative farming practices, such as precision farming, are being adopted to optimize agricultural input resources and enhance productivity, both qualitatively and quantitatively. The integration of plasticulture in Indian agriculture is anticipated to revolutionize the sector and contribute significantly to this transformation during the forecast period. This modern agricultural approach incorporates the use of plastic materials for crop cultivation, offering numerous benefits, including improved water retention, reduced soil erosion, and enhanced crop yields. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

  • End-user
    • Food and beverages
    • Industrial
    • Retail
    • Pharmaceutical
    • Others
  • Material
    • PE
    • PP
    • PVC
    • Others
  • Geography
    • India

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

  • Globalization and increasing international trade
  • Growing adoption of plastic crates
  • Growth of different end-user industries

However, the market also witnesses some limitations, which are as follows:

  • Growing pollution due to increasing plastic waste generation
  • Stringent regulations on plastics
  • Growing price pressure on vendors

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Market Scope in Plastic Crates Market in India Research Report

Market Scope

Report Coverage

Details

Page number

163

Base year

2024

Historic period

2019-2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 8.2%

Market growth 2025-2029

USD 392.7 million

Market structure

market_structure.ucfirst

YoY growth 2024-2025(%)

7.6

Key countries

India

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

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Find out which segment is leading the market by accessing the free PDF report

Research Analysis Overview

In India, the plastic crates market offers mass-produced and durable solutions for various industries, including food and beverage. These crates, made from high-density polyethylene and polyvinyl chloride, provide superior strength and flexibility. They outperform traditional options like wooden crates and corrugated fibreboard in terms of weather protection, temperature stability, and stackability. Online shopping and home delivery have increased the demand for plastic crates in bulk packaging and returnable packaging. The food industry, particularly packaged food and fast food, benefits significantly from these sustainable, customized crates for food preservation. International trade also relies on plastic crates for their lightweight, versatility, and ability to protect goods during transportation.

Market Research Overview

In the dynamic Indian market, plastic crates represent a significant segment, competing with alternatives such as corrugated fibreboard, wooden crates, and traditional containers like metal, glass, and wood. The plastic crates sector involves intricate supply chain processes, encompassing raw material sourcing from providers of HDPE, LDPE, PET, PP, and PVC. Manufacturing on a grand scale ensures production of weather-resistant, temperature-stable crates, catering to diverse industries, including packaged food, home delivery, and online shopping. Customized crates further enhance their appeal, offering end-users tailored solutions.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.


Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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