Product Code: ETC350844 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The uncoated recycled paperboard market in India is estimated to be valued at Rs. 28500 crore in 2025 and is expected to reach a value of around Rs. 43000 crore by 2025, registering a CAGR of 9% during the forecast period. The growth can be attributed to the increasing adoption of e-commerce and digital services, rising environmental awareness among consumers for eco-friendly products, and an increase in demand from food packaging companies.
The India uncoated recycled paperboard market is experiencing growth due to several drivers that contribute to its expansion. One of the key factors is the increasing demand for sustainable and eco-friendly packaging solutions across various industries. Uncoated recycled paperboard, being made from recycled fibers, offers an environmentally responsible alternative to virgin paperboard, making it attractive to environmentally conscious consumers and businesses. The rise of e-commerce and the growing trend of using recyclable and biodegradable packaging materials further support the demand for uncoated recycled paperboard. Moreover, the packaging industry`s focus on reducing carbon footprint and complying with sustainability standards drives the adoption of uncoated recycled paperboard in India. Additionally, the cost-effectiveness of recycled paperboard compared to virgin materials and the government`s initiatives promoting waste recycling and circular economy principles also contribute to the market`s growth.
The India uncoated recycled paperboard market encounters challenges that impact its growth and adoption in various industries. One of the key challenges is the fluctuating supply of recycled paperboard feedstock. The availability and quality of recycled fibers can be affected by factors such as collection and sorting inefficiencies, varying recycling rates, and contamination of recycled material. Ensuring a stable and consistent supply of high-quality recycled fibers is essential for the market`s sustainability. Moreover, the competition from coated and virgin paperboard products may present challenges for uncoated recycled paperboard manufacturers. Differentiating the unique properties and eco-friendly characteristics of uncoated recycled paperboard can help position it as a preferred choice for sustainable packaging solutions. Additionally, the market faces challenges in achieving a balance between cost competitiveness and environmental sustainability. While uncoated recycled paperboard offers eco-friendly benefits, maintaining competitive pricing compared to other packaging materials is crucial for its wider adoption. Raising awareness about the benefits of using uncoated recycled paperboard and fostering a circular economy approach to packaging can help address these challenges and drive market growth.
The COVID-19 pandemic had a mixed impact on the India uncoated recycled paperboard market. On one hand, the increased demand for essential products packaged in sustainable materials led to a rise in demand for uncoated recycled paperboard. The preference for eco-friendly and recyclable packaging solutions during the pandemic positively influenced the market. However, the restrictions on non-essential manufacturing and the decline in commercial activities during lockdowns resulted in reduced demand from sectors like retail, hospitality, and advertising. Moreover, disruptions in the supply chain and transportation impacted the availability and distribution of uncoated recycled paperboard products. The market also faced cost pressures due to fluctuations in raw material prices and increased demand for recycled fibers. Despite the challenges, the pandemic accelerated the shift towards sustainable packaging practices, which may contribute to the long-term growth of the uncoated recycled paperboard market in India.
In the India uncoated recycled paperboard market, several key players are prominent in providing sustainable and eco-friendly paperboard products. Companies such as JK Paper Limited, West Coast Paper Mills Limited, and International Paper APPM Limited are among the leading players in this segment. These companies offer a comprehensive range of uncoated recycled paperboard grades, catering to various packaging, printing, and industrial applications. Their products are widely recognized for their high-quality and environmental sustainability, making them ideal for eco-conscious consumers and businesses. Moreover, the key players actively promote their products through sustainable packaging initiatives and awareness campaigns to foster eco-friendly practices among end-users. They also invest in technology and process improvements to enhance the recycled content and performance of their paperboard offerings. By maintaining a strong commitment to sustainability and providing reliable paperboard solutions, these key players continue to shape the growth and development of the uncoated recycled paperboard market in India.
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 Uncoated Recycled Paperboard Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Uncoated Recycled Paperboard Market Revenues & Volume, 2021 & 2031F |
3.3 India Uncoated Recycled Paperboard Market - Industry Life Cycle |
3.4 India Uncoated Recycled Paperboard Market - Porter's Five Forces |
3.5 India Uncoated Recycled Paperboard Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Uncoated Recycled Paperboard Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Uncoated Recycled Paperboard Market Trends |
6 India Uncoated Recycled Paperboard Market, By Types |
6.1 India Uncoated Recycled Paperboard Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Uncoated Recycled Paperboard Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 India Uncoated Recycled Paperboard Market Revenues & Volume, By Shoeboxes, 2021-2031F |
6.1.4 India Uncoated Recycled Paperboard Market Revenues & Volume, By Composite Cans & Fiber Drums, 2021-2031F |
6.1.5 India Uncoated Recycled Paperboard Market Revenues & Volume, By Coated Paperboard, 2021-2031F |
6.1.6 India Uncoated Recycled Paperboard Market Revenues & Volume, By Others, 2021-2031F |
7 India Uncoated Recycled Paperboard Market Import-Export Trade Statistics |
7.1 India Uncoated Recycled Paperboard Market Export to Major Countries |
7.2 India Uncoated Recycled Paperboard Market Imports from Major Countries |
8 India Uncoated Recycled Paperboard Market Key Performance Indicators |
9 India Uncoated Recycled Paperboard Market - Opportunity Assessment |
9.1 India Uncoated Recycled Paperboard Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Uncoated Recycled Paperboard Market - Competitive Landscape |
10.1 India Uncoated Recycled Paperboard Market Revenue Share, By Companies, 2024 |
10.2 India Uncoated Recycled Paperboard Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |