| Product Code: ETC358164 | Publication Date: Aug 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s packaging laminates import market continued to see robust growth in 2024, with top exporters being China, USA, Vietnam, Italy, and Thailand. The market exhibited high concentration with a high Herfindahl-Hirschman Index (HHI) in 2024. The impressive Compound Annual Growth Rate (CAGR) of 26.14% from 2020 to 2024 indicates a strong upward trajectory. Moreover, the growth rate of 37.9% from 2023 to 2024 highlights the increasing demand for packaging laminates in India, making it a lucrative market for global exporters.

The India packaging laminates market size was pegged at INR 1,979 crore in 2025 and is expected to reach INR 2,652 crore by 2031 with a compound annual growth rate (CAGR) of 4%. Increasing consumption of processed foods due to rising purchasing power has driven the demand for flexible packaging materials across India over the past decade. Moreover, an increase in R&D activities coupled with product innovations are projected to steer the industry`s growth prospects going forward.
The India packaging laminates market has experienced robust growth due to the rising need for flexible and attractive packaging solutions across various industries. Laminates provide excellent barrier properties, protecting products from moisture, gases, and other external factors. The food and beverage industry, in particular, has been a significant driver, as consumers increasingly prefer convenient and aesthetically appealing packaging for various products.
The India packaging laminates market confronts challenges associated with the rising environmental concerns about plastic waste. While laminates provide excellent packaging properties, their disposal and recycling pose challenges. Government regulations and increasing consumer awareness about eco-friendly packaging alternatives put pressure on the industry to adopt sustainable practices. The industry players need to invest in research to develop biodegradable or recyclable laminates to meet the changing market demands.
The India packaging laminates market faced mixed impacts during the COVID-19 pandemic. While there was an increased demand for packaging materials for essential goods and medical supplies, the market experienced a decline in demand from non-essential sectors. The closure of retail outlets and disruptions in the supply chain posed challenges to the packaging industry. Additionally, concerns over the hygiene of packaged products and the potential transmission of the virus through surfaces also affected consumer preferences. However, as the economy reopened and e-commerce activities surged, the demand for packaging laminates rebounded, particularly with the growing popularity of online shopping.
The India packaging laminates market is characterized by several key players offering a wide range of flexible packaging solutions. Companies like Uflex Ltd, Huhtamaki PPL Ltd, and Cosmo Films Ltd are prominent players in the market. These companies provide laminates for various packaging applications, including food and beverages, pharmaceuticals, and personal care products. They are known for their ability to offer customized solutions and environmentally friendly packaging materials. These key players often invest in research and development to introduce innovative laminates that provide enhanced barrier properties, safety, and sustainability.
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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