Product Code: ETC353844 | 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 wrapping paper market import shipments demonstrated a robust growth trend with a significant CAGR from 2020 to 2024. However, there was a slight deceleration in growth from the previous year, indicating a potential stabilization in the market. Overall, the market expanded steadily with positive momentum during the period under review.
The wrapping paper market in India is expected to expand considerably over the forecast period owing to an increase in gift-giving occasions such as birthdays, anniversaries etc. Disposable income levels are increasing across different demographics which has resulted in increased spending on gifts; hence creating demand for wrapping paper packaging solutions. The India wrapping paper market was valued at USD 549 million for 2018 and it is further estimated that it will be worth around USD 833 million by 2025 with a CAGR of 9%.
The wrapping paper market in India experiences substantial demand during festive seasons and special occasions. The country`s diverse cultural and religious festivals contribute to the high consumption of wrapping paper. Additionally, the growing gifting culture and the increase in e-commerce activities have also positively impacted the demand for wrapping paper. As consumers seek visually appealing and unique packaging solutions, the market for creative and eco-friendly wrapping papers has seen notable growth.
The wrapping paper market in India faces challenges due to the growing concerns about single-use plastics and non-recyclable wrapping materials. As eco-consciousness rises among consumers, there is a shift towards sustainable and recyclable packaging options. The industry needs to innovate and develop eco-friendly wrapping paper solutions to align with evolving consumer preferences. Moreover, the market needs to address the issue of excessive waste generated during festive seasons and promote responsible consumption practices.
The wrapping paper market in India faced challenges during the COVID-19 pandemic due to changes in consumer behavior and the shift towards contactless gifting. With social distancing measures in place, physical gatherings and celebrations reduced, leading to lower demand for wrapping paper. Additionally, the preference for eco-friendly and sustainable packaging solutions became more pronounced during the pandemic, impacting traditional wrapping paper sales. However, as the situation improves and festive seasons resume, the demand for wrapping paper is expected to recover. The industry`s response to environmental concerns and innovation in eco-friendly wrapping paper options may play a significant role in shaping the market`s post-pandemic growth.
The India Wrapping Paper Market is served by leading companies offering a wide range of wrapping paper solutions. These key players provide various types of wrapping paper, including decorative and eco-friendly options, for gifting and packaging purposes. Some of the major players in this market include Navbharat Industries, Satyam Kraft, Gift Packaging & Accessories, Wrap n Pack, Karft Zone, Xpresshop India, Creative Hands, Sai Thermoformers, Paper Passion India, and Kusum Creations. These companies cater to the diverse preferences of consumers and businesses, providing attractive and sustainable wrapping paper solutions.
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 Wrapping Paper Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Wrapping Paper Market Revenues & Volume, 2021 & 2031F |
3.3 India Wrapping Paper Market - Industry Life Cycle |
3.4 India Wrapping Paper Market - Porter's Five Forces |
3.5 India Wrapping Paper Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 India Wrapping Paper Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.7 India Wrapping Paper Market Revenues & Volume Share, By Printing Technology, 2021 & 2031F |
3.8 India Wrapping Paper Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Wrapping Paper Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in e-commerce industry leading to increased demand for packaging materials. |
4.2.2 Rise in gifting culture and celebrations driving the demand for wrapping paper. |
4.2.3 Innovation in designs and customization options attracting consumers. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs. |
4.3.2 Environmental concerns leading to a shift towards eco-friendly alternatives. |
4.3.3 Competition from alternative packaging solutions like gift bags and reusable wrapping materials. |
5 India Wrapping Paper Market Trends |
6 India Wrapping Paper Market, By Types |
6.1 India Wrapping Paper Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 India Wrapping Paper Market Revenues & Volume, By Material Type, 2021-2031F |
6.1.3 India Wrapping Paper Market Revenues & Volume, By Unbleached Wrapping Paper, 2021-2031F |
6.1.4 India Wrapping Paper Market Revenues & Volume, By Bleached Wrapping Paper, 2021-2031F |
6.1.5 India Wrapping Paper Market Revenues & Volume, By Recycled Wrapping Paper, 2021-2031F |
6.1.6 India Wrapping Paper Market Revenues & Volume, By Kraft Wrapping Paper, 2021-2031F |
6.2 India Wrapping Paper Market, By Packaging Type |
6.2.1 Overview and Analysis |
6.2.2 India Wrapping Paper Market Revenues & Volume, By Primary Packaging, 2021-2031F |
6.2.3 India Wrapping Paper Market Revenues & Volume, By Secondary Packaging, 2021-2031F |
6.2.4 India Wrapping Paper Market Revenues & Volume, By Tertiary Packaging, 2021-2031F |
6.3 India Wrapping Paper Market, By Printing Technology |
6.3.1 Overview and Analysis |
6.3.2 India Wrapping Paper Market Revenues & Volume, By Digital Printing, 2021-2031F |
6.3.3 India Wrapping Paper Market Revenues & Volume, By Roto - Gravure Printing, 2021-2031F |
6.3.4 India Wrapping Paper Market Revenues & Volume, By Flexographic Printing, 2021-2031F |
6.3.5 India Wrapping Paper Market Revenues & Volume, By Lithographic Printing, 2021-2031F |
6.4 India Wrapping Paper Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 India Wrapping Paper Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.4.3 India Wrapping Paper Market Revenues & Volume, By Personal Care & Cosmetics, 2021-2031F |
6.4.4 India Wrapping Paper Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.4.5 India Wrapping Paper Market Revenues & Volume, By Food Service, 2021-2031F |
6.4.6 India Wrapping Paper Market Revenues & Volume, By Industrial Wrapping Paper, 2021-2031F |
6.4.7 India Wrapping Paper Market Revenues & Volume, By Others, 2021-2031F |
7 India Wrapping Paper Market Import-Export Trade Statistics |
7.1 India Wrapping Paper Market Export to Major Countries |
7.2 India Wrapping Paper Market Imports from Major Countries |
8 India Wrapping Paper Market Key Performance Indicators |
8.1 Percentage of wrapping paper sales through online channels. |
8.2 Consumer satisfaction scores related to the variety and quality of wrapping paper designs. |
8.3 Adoption rate of sustainable wrapping paper options by manufacturers and consumers. |
9 India Wrapping Paper Market - Opportunity Assessment |
9.1 India Wrapping Paper Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 India Wrapping Paper Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.3 India Wrapping Paper Market Opportunity Assessment, By Printing Technology, 2021 & 2031F |
9.4 India Wrapping Paper Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Wrapping Paper Market - Competitive Landscape |
10.1 India Wrapping Paper Market Revenue Share, By Companies, 2024 |
10.2 India Wrapping Paper Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |