Product Code: ETC353604 | 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 wooden packaging market import shipment demonstrated robust growth with a notable CAGR from 2020-2024. Momentum accelerated significantly between 2023 and 2024, indicating a substantial expansion in market demand. The market exhibited a clear upward trend, showcasing a strong growth trajectory during the period.
The India wooden packaging market is estimated at around US$ 4 billion in 2025 and is expected to register a CAGR of 7.5% during the forecast period. The increased demand for export-oriented packaging due to higher exports, the growing population, rising disposable incomes and changing lifestyles are some of the factors driving the growth of this market in India. Moreover, with government initiatives such as Make In India that promote manufacturing activities within India, more local companies are being set up which will lead to further growth in this sector.
In the packaging industry, wooden packaging solutions remain popular due to their durability and ability to protect goods during transportation. The rise of e-commerce and increased international trade activities have led to a surge in demand for wooden packaging. Wooden packaging`s strength and resilience are particularly favored for heavy and fragile goods. Moreover, as consumers become more conscious of eco-friendly packaging materials, wood, being biodegradable and recyclable, has become an attractive choice.
The wooden packaging market in India confronts challenges due to the growing environmental concerns associated with deforestation and the ecological impact of wood-based packaging solutions. There is an increasing demand for eco-friendly and sustainable packaging alternatives, which puts pressure on the wooden packaging industry to adopt responsible sourcing practices and promote recycling initiatives. Additionally, the weight of wooden packaging can be a disadvantage in terms of transportation costs and carbon emissions. The industry needs to innovate and develop lighter and more efficient wooden packaging solutions to stay competitive.
The wooden packaging market in India witnessed fluctuations during the COVID-19 pandemic. The slowdown in manufacturing and logistics had a direct impact on the demand for wooden packaging materials, especially for industries like exports and e-commerce, which are major users of wooden crates and pallets. The adoption of hygiene measures and the need for contactless packaging during the pandemic also shifted consumer preferences towards single-use and disposable materials, affecting wooden packaging. However, as economic activities resume and international trade recovers, the demand for wooden packaging is expected to pick up again. The industry`s focus on sustainable and recyclable packaging solutions may further contribute to its revival in the post-pandemic era.
The India Wooden Packaging Market is served by leading companies specializing in manufacturing wooden crates, pallets, and other packaging solutions. These key players offer high-quality wooden packaging materials for various industries, including exports and e-commerce. Some of the major players in this market include Span India Packaging Solutions Pvt. Ltd., Royal Packers, Bharadwaj Packaging Pvt. Ltd., Pelican Rotoflex Pvt. Ltd., Shree Samarth Krupa Wooden Box, Raman Packaging Industries, Royapettah Wood Crafts, Sri Kamakshi Timber & Plywood, V.G. Packers, and Abad Wood Crafts Pvt. Ltd. These companies play a crucial role in providing secure and reliable packaging solutions for the transportation of goods.
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 Wooden Packaging Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Wooden Packaging Market Revenues & Volume, 2021 & 2031F |
3.3 India Wooden Packaging Market - Industry Life Cycle |
3.4 India Wooden Packaging Market - Porter's Five Forces |
3.5 India Wooden Packaging Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Wooden Packaging Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Wooden Packaging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable packaging solutions |
4.2.2 Growth in the e-commerce industry leading to higher need for packaging |
4.2.3 Rising awareness about environmental conservation and preference for eco-friendly materials |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like wood |
4.3.2 Competition from alternative packaging materials like plastic and metal |
4.3.3 Regulatory challenges related to forestry and timber sourcing |
5 India Wooden Packaging Market Trends |
6 India Wooden Packaging Market, By Types |
6.1 India Wooden Packaging Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Wooden Packaging Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Wooden Packaging Market Revenues & Volume, By Pallets, 2021-2031F |
6.1.4 India Wooden Packaging Market Revenues & Volume, By Boxes and Bins, 2021-2031F |
6.1.5 India Wooden Packaging Market Revenues & Volume, By Crates and Cases, 2021-2031F |
6.1.6 India Wooden Packaging Market Revenues & Volume, By Spools, 2021-2031F |
6.1.7 India Wooden Packaging Market Revenues & Volume, By Dunnage, 2021-2031F |
6.1.8 India Wooden Packaging Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Wooden Packaging Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Wooden Packaging Market Revenues & Volume, By Food & Beverages Storage, 2021-2031F |
6.2.3 India Wooden Packaging Market Revenues & Volume, By Transportation, 2021-2031F |
6.2.4 India Wooden Packaging Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 India Wooden Packaging Market Revenues & Volume, By Shipping, 2021-2031F |
6.2.6 India Wooden Packaging Market Revenues & Volume, By Others, 2021-2031F |
7 India Wooden Packaging Market Import-Export Trade Statistics |
7.1 India Wooden Packaging Market Export to Major Countries |
7.2 India Wooden Packaging Market Imports from Major Countries |
8 India Wooden Packaging Market Key Performance Indicators |
8.1 Percentage of companies adopting wooden packaging solutions |
8.2 Number of new product innovations in the wooden packaging sector |
8.3 Growth in the number of certifications for sustainable and eco-friendly wooden packaging practices |
9 India Wooden Packaging Market - Opportunity Assessment |
9.1 India Wooden Packaging Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Wooden Packaging Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Wooden Packaging Market - Competitive Landscape |
10.1 India Wooden Packaging Market Revenue Share, By Companies, 2024 |
10.2 India Wooden Packaging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |