Product Code: ETC4601125 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India pet packaging market import shipment demonstrated robust growth with a notable CAGR from 2020 to 2024. The market continued to expand steadily, showing a slightly lower growth rate between 2023 and 2024. Overall, the market maintained strong momentum, indicating a positive upward trend in the period under review.
The PET (polyethylene terephthalate) packaging market in India has been expanding, primarily driven by the beverage industry. PET bottles are commonly used for packaging carbonated drinks, water, and various beverages. The lightweight and recyclable nature of PET containers align with sustainability goals, making them a preferred choice. The market is highly competitive, with a focus on product design and recyclability as consumers become more environmentally conscious.
The India PET Packaging market is experiencing growth driven by several key factors. PET (polyethylene terephthalate) is a widely used packaging material for beverages, food, and personal care products. The increasing demand for bottled beverages, especially carbonated drinks and water, is a significant driver for the PET packaging market. The convenience, lightweight, and recyclability of PET containers have contributed to their widespread adoption. Additionally, as consumers seek sustainable and eco-friendly packaging options, PET packaging aligns with this trend. The continued growth of the beverage and food industries in India is propelling the PET packaging market forward.
Challenges in the India PET packaging market revolve around the need for recycling infrastructure and the environmental impact of PET products. The industry must work towards improving recycling rates and reducing the carbon footprint of PET packaging.
The India PET packaging market faced challenges due to reduced consumer spending and a slowdown in the beverage industry. However, increased demand for PET bottles in pharmaceuticals and hand sanitizers partially offset these effects.
Notable companies in the India PET packaging market include Manjushree Technopack, Uflex, Huhtamaki PPL, and Essel Propack.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India PET Packaging Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India PET Packaging Market Revenues & Volume, 2021 & 2031F |
3.3 India PET Packaging Market - Industry Life Cycle |
3.4 India PET Packaging Market - Porter's Five Forces |
3.5 India PET Packaging Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 India PET Packaging Market Revenues & Volume Share, By Pack Type, 2021 & 2031F |
3.7 India PET Packaging Market Revenues & Volume Share, By Filling Technology, 2021 & 2031F |
3.8 India PET Packaging Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.9 India PET Packaging Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 India PET Packaging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for packaged goods in India |
4.2.2 Growth in the food and beverage industry |
4.2.3 Technological advancements in PET packaging |
4.2.4 Shift towards eco-friendly and sustainable packaging solutions |
4.2.5 Rising disposable income leading to higher consumption |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Stringent regulations pertaining to plastic usage |
4.3.3 Competition from alternative packaging materials |
4.3.4 Challenges in recycling and waste management |
4.3.5 Volatile economic conditions impacting consumer spending |
5 India PET Packaging Market Trends |
6 India PET Packaging Market, By Types |
6.1 India PET Packaging Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 India PET Packaging Market Revenues & Volume, By Form, 2021-2031F |
6.1.3 India PET Packaging Market Revenues & Volume, By Amorphous PET, 2021-2031F |
6.1.4 India PET Packaging Market Revenues & Volume, By Crystalline PET, 2021-2031F |
6.2 India PET Packaging Market, By Pack Type |
6.2.1 Overview and Analysis |
6.2.2 India PET Packaging Market Revenues & Volume, By Bottles & jars, 2021-2031F |
6.2.3 India PET Packaging Market Revenues & Volume, By Bags & pouches, 2021-2031F |
6.2.4 India PET Packaging Market Revenues & Volume, By Trays, 2021-2031F |
6.2.5 India PET Packaging Market Revenues & Volume, By Lids/Caps & closures, 2021-2031F |
6.2.6 India PET Packaging Market Revenues & Volume, By others, 2021-2031F |
6.3 India PET Packaging Market, By Filling Technology |
6.3.1 Overview and Analysis |
6.3.2 India PET Packaging Market Revenues & Volume, By Hot fill, 2021-2031F |
6.3.3 India PET Packaging Market Revenues & Volume, By Cold fill, 2021-2031F |
6.3.4 India PET Packaging Market Revenues & Volume, By Aseptic fill, 2021-2031F |
6.3.5 India PET Packaging Market Revenues & Volume, By others, 2021-2031F |
6.4 India PET Packaging Market, By Packaging Type |
6.4.1 Overview and Analysis |
6.4.2 India PET Packaging Market Revenues & Volume, By Rigid packaging, 2021-2031F |
6.4.3 India PET Packaging Market Revenues & Volume, By Flexible packaging, 2021-2031F |
6.5 India PET Packaging Market, By End-Use Industry |
6.5.1 Overview and Analysis |
6.5.2 India PET Packaging Market Revenues & Volume, By Food, 2021-2031F |
6.5.3 India PET Packaging Market Revenues & Volume, By Beverages, 2021-2031F |
6.5.4 India PET Packaging Market Revenues & Volume, By Personal care & cosmetics, 2021-2031F |
6.5.5 India PET Packaging Market Revenues & Volume, By Household products, 2021-2031F |
6.5.6 India PET Packaging Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
7 India PET Packaging Market Import-Export Trade Statistics |
7.1 India PET Packaging Market Export to Major Countries |
7.2 India PET Packaging Market Imports from Major Countries |
8 India PET Packaging Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly PET packaging solutions |
8.2 Investment in research and development for innovative PET packaging designs |
8.3 Growth in demand for PET packaging in specific industries (e.g., beverages, personal care) |
8.4 Percentage of companies incorporating sustainable packaging practices |
8.5 Consumer perception and acceptance of PET packaging solutions |
9 India PET Packaging Market - Opportunity Assessment |
9.1 India PET Packaging Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 India PET Packaging Market Opportunity Assessment, By Pack Type, 2021 & 2031F |
9.3 India PET Packaging Market Opportunity Assessment, By Filling Technology, 2021 & 2031F |
9.4 India PET Packaging Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.5 India PET Packaging Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 India PET Packaging Market - Competitive Landscape |
10.1 India PET Packaging Market Revenue Share, By Companies, 2024 |
10.2 India PET Packaging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |