Product Code: ETC341424 | Publication Date: Aug 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India polyethylene film market import shipment demonstrated a robust growth trend with a notable CAGR of 15.3% from 2020 to 2024. Although the growth rate between 2023 and 2024 slightly decreased to 11.6%, indicating a possible stabilization, the market overall expanded significantly during the period.
The polyethylene film market in India presents a positive outlook, driven by its wide-ranging applications in packaging, agriculture, and consumer goods. Polyethylene films offer benefits such as moisture resistance, flexibility, and barrier properties. The growth of e-commerce and food industries further fuels demand. As environmental awareness intensifies, the industry is exploring biodegradable and recyclable options to align with sustainable practices.
The India polyethylene film market is expected to grow, propelled by various factors. The packaging industry`s expansion across food, pharmaceuticals, and consumer goods sectors increases the demand for flexible and cost-effective packaging materials. The rise in online shopping also drives demand for polyethylene films for shipping and protective packaging. Moreover, advancements in film manufacturing technology contribute to improved barrier properties, enhancing shelf life and product protection.
The polyethylene film market in India is expected to thrive due to its applications in packaging, agriculture, and construction. Despite the growth prospects, challenges such as limited recycling infrastructure for polyethylene films, concerns about plastic pollution, and the need to balance cost-effective production with environmental sustainability pose hurdles for the industry. Manufacturers must innovate in terms of materials and processes to address these challenges and cater to a more conscious consumer base.
The India polyethylene film market encountered mixed effects during the COVID-19 pandemic. The demand for packaging films surged in the food and pharmaceutical industries due to increased consumption and medical supply needs. On the other hand, sectors like agriculture and construction, which are significant users of polyethylene films, experienced slowdowns during the pandemic. The market is anticipated to recover gradually as economic activities resume, and the packaging industry continues to witness growth. Additionally, the rising awareness of sustainable and recyclable packaging materials will boost the demand for eco-friendly polyethylene films.
The India polyethylene film market is anticipated to witness steady growth due to applications in packaging, agriculture, and construction. Challenges include the need for sustainable alternatives to conventional plastic films. Major players in this market include Reliance Industries, Cosmo Films, and Jindal Poly Films.
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 Film Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Polyethylene Film Market Revenues & Volume, 2021 & 2031F |
3.3 India Polyethylene Film Market - Industry Life Cycle |
3.4 India Polyethylene Film Market - Porter's Five Forces |
3.5 India Polyethylene Film Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 India Polyethylene Film Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 India Polyethylene Film Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 India Polyethylene Film Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Polyethylene Film Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for flexible packaging solutions in various industries such as food and beverages, healthcare, and agriculture. |
4.2.2 Increasing population and urbanization leading to higher consumption of packaged goods. |
4.2.3 Technological advancements in polyethylene film manufacturing processes improving quality and cost-efficiency. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production costs of polyethylene film. |
4.3.2 Stringent environmental regulations and increasing focus on sustainability pushing for alternative packaging materials. |
4.3.3 Competition from other types of flexible packaging materials such as paper and biodegradable films. |
5 India Polyethylene Film Market Trends |
6 India Polyethylene Film Market, By Types |
6.1 India Polyethylene Film Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 India Polyethylene Film Market Revenues & Volume, By Technology, 2021-2031F |
6.1.3 India Polyethylene Film Market Revenues & Volume, By Blow Film Extrusion, 2021-2031F |
6.1.4 India Polyethylene Film Market Revenues & Volume, By Cast Film Extrusion, 2021-2031F |
6.2 India Polyethylene Film Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 India Polyethylene Film Market Revenues & Volume, By Stretch Films, 2021-2031F |
6.2.3 India Polyethylene Film Market Revenues & Volume, By Shrink Films, 2021-2031F |
6.3 India Polyethylene Film Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 India Polyethylene Film Market Revenues & Volume, By Low-Density Polyethylene (LDPE), 2021-2031F |
6.3.3 India Polyethylene Film Market Revenues & Volume, By High-Density Polyethylene (HDPE), 2021-2031F |
6.3.4 India Polyethylene Film Market Revenues & Volume, By Linear Low-Density Polyethylene (LDPE), 2021-2031F |
6.4 India Polyethylene Film Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 India Polyethylene Film Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.4.3 India Polyethylene Film Market Revenues & Volume, By Agriculture, 2021-2031F |
6.4.4 India Polyethylene Film Market Revenues & Volume, By Construction, 2021-2031F |
6.4.5 India Polyethylene Film Market Revenues & Volume, By Household, 2021-2031F |
6.4.6 India Polyethylene Film Market Revenues & Volume, By Others, 2021-2031F |
7 India Polyethylene Film Market Import-Export Trade Statistics |
7.1 India Polyethylene Film Market Export to Major Countries |
7.2 India Polyethylene Film Market Imports from Major Countries |
8 India Polyethylene Film Market Key Performance Indicators |
8.1 Recycling rate of polyethylene film in India. |
8.2 Adoption rate of innovative polyethylene film technologies. |
8.3 Percentage of polyethylene film waste diverted from landfills for recycling or reuse. |
9 India Polyethylene Film Market - Opportunity Assessment |
9.1 India Polyethylene Film Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 India Polyethylene Film Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 India Polyethylene Film Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 India Polyethylene Film Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Polyethylene Film Market - Competitive Landscape |
10.1 India Polyethylene Film Market Revenue Share, By Companies, 2024 |
10.2 India Polyethylene Film Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |