Product Code: ETC341364 | Publication Date: Aug 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India polyethylene bags market import shipment displayed strong growth with a notable CAGR from 2020 to 2024. However, there was a slight slowdown in the growth rate between 2023 and 2024. Overall, the market expanded significantly, showing positive momentum and a consistent upward trend during the period.
The polyethylene bags market in India is poised for steady growth due to the convenience and versatility these bags offer for packaging purposes. With applications spanning from retail and grocery to pharmaceuticals, the demand for polyethylene bags remains robust. However, addressing environmental concerns related to plastic waste is a challenge in this market. Regulatory changes and consumer preferences for sustainable packaging alternatives are expected to shape the future landscape of polyethylene bags.
The India polyethylene bags market is on a growth trajectory due to several drivers. Rapid urbanization and the surge in organized retail drive the demand for packaging solutions. Polyethylene bags offer convenience, cost-effectiveness, and versatility in packaging various goods. The growing e-commerce sector further contributes to the demand for shipping and packaging materials. However, concerns about environmental sustainability and plastic waste management are driving efforts towards alternative and eco-friendly packaging solutions.
The polyethylene bags market in India is on a growth trajectory driven by various industries, including retail, packaging, and agriculture. However, the use of single-use plastic bags raises environmental concerns. The market faces challenges in transitioning towards more sustainable alternatives, adhering to plastic waste management regulations, and creating awareness among consumers about the importance of reducing plastic usage. Developing cost-effective and environmentally friendly options while ensuring product durability is a significant challenge for manufacturers.
The India polyethylene bags market experienced fluctuations during the COVID-19 pandemic. The demand for polyethylene bags surged initially due to panic buying and stockpiling of essentials. However, the market later faced challenges as several states and cities imposed restrictions on single-use plastics to reduce environmental impact. Despite the temporary setbacks, the polyethylene bags market is expected to witness growth in the long run due to the increasing demand from various sectors like retail, food packaging, and e-commerce. Manufacturers are also focusing on sustainable and biodegradable alternatives to meet environmental regulations and consumer preferences.
The India polyethylene bags market is expected to thrive with the surge in retail and packaging sectors. Polyethylene bags are widely used due to their durability and cost-effectiveness. However, concerns about plastic waste and environmental impact pose challenges. Key players contributing to this market include Uflex Ltd., Supreme Industries, and Garware Polyester.
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 Polyethylene Bags Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Polyethylene Bags Market Revenues & Volume, 2021 & 2031F |
3.3 India Polyethylene Bags Market - Industry Life Cycle |
3.4 India Polyethylene Bags Market - Porter's Five Forces |
3.5 India Polyethylene Bags Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 India Polyethylene Bags Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 India Polyethylene Bags Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 India Polyethylene Bags Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for packaged food and beverages in India |
4.2.2 Growth in the retail sector leading to higher usage of polyethylene bags |
4.2.3 Government regulations promoting the use of eco-friendly polyethylene bags |
4.3 Market Restraints |
4.3.1 Environmental concerns related to plastic pollution |
4.3.2 Increasing popularity of alternative eco-friendly packaging materials |
4.3.3 Fluctuating prices of raw materials for manufacturing polyethylene bags |
5 India Polyethylene Bags Market Trends |
6 India Polyethylene Bags Market, By Types |
6.1 India Polyethylene Bags Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 India Polyethylene Bags Market Revenues & Volume, By Material Type, 2021-2031F |
6.1.3 India Polyethylene Bags Market Revenues & Volume, By High Density Polyethylene, 2021-2031F |
6.1.4 India Polyethylene Bags Market Revenues & Volume, By Low Density Polyethylene, 2021-2031F |
6.1.5 India Polyethylene Bags Market Revenues & Volume, By Linear Low Density Polyethylene, 2021-2031F |
6.2 India Polyethylene Bags Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 India Polyethylene Bags Market Revenues & Volume, By Lay Flat Bags, 2021-2031F |
6.2.3 India Polyethylene Bags Market Revenues & Volume, By T Shirt Bags, 2021-2031F |
6.2.4 India Polyethylene Bags Market Revenues & Volume, By Trash Bags, 2021-2031F |
6.2.5 India Polyethylene Bags Market Revenues & Volume, By Rubble Sacks, 2021-2031F |
6.2.6 India Polyethylene Bags Market Revenues & Volume, By Gusseted Bags, 2021-2031F |
6.2.7 India Polyethylene Bags Market Revenues & Volume, By Woven Sacks, 2021-2031F |
6.3 India Polyethylene Bags Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 India Polyethylene Bags Market Revenues & Volume, By Food Packaging, 2021-2031F |
6.3.3 India Polyethylene Bags Market Revenues & Volume, By Chemical Packaging, 2021-2031F |
6.3.4 India Polyethylene Bags Market Revenues & Volume, By Pharmaceutical Packaging, 2021-2031F |
6.3.5 India Polyethylene Bags Market Revenues & Volume, By Retail Packaging, 2021-2031F |
6.3.6 India Polyethylene Bags Market Revenues & Volume, By Industrial Packaging, 2021-2031F |
6.3.7 India Polyethylene Bags Market Revenues & Volume, By Personal & Homecare Packaging, 2021-2031F |
7 India Polyethylene Bags Market Import-Export Trade Statistics |
7.1 India Polyethylene Bags Market Export to Major Countries |
7.2 India Polyethylene Bags Market Imports from Major Countries |
8 India Polyethylene Bags Market Key Performance Indicators |
8.1 Recycling rate of polyethylene bags in India |
8.2 Adoption rate of biodegradable polyethylene bags in the market |
8.3 Number of initiatives taken by manufacturers to reduce the carbon footprint in polyethylene bag production. |
9 India Polyethylene Bags Market - Opportunity Assessment |
9.1 India Polyethylene Bags Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 India Polyethylene Bags Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 India Polyethylene Bags Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 India Polyethylene Bags Market - Competitive Landscape |
10.1 India Polyethylene Bags Market Revenue Share, By Companies, 2024 |
10.2 India Polyethylene Bags Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |