LONDON--(BUSINESS WIRE)--Technavio has been monitoring the flexible packaging market in India and it is poised to grow by USD 9.76 billion during 2020-2024, progressing at a CAGR of almost 12% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions-
- Based on segmentation by end-user, which is the leading segment in the market?
- The food and beverage industry is expected to be the leading segment in the global market during the forecast period.
- What are the major trends in the market?
- Growing investments in food processing sector in India is one of the major trends in the market.
- At what rate is the market projected to grow?
- Growing at a CAGR of almost 12%, the incremental growth of the market is anticipated to be USD 9.76 billion.
- Who are the top players in the market?
- Amcor Plc, Balmer Lawrie & Co. Ltd., Constantia Flexibles Group GmbH, Cosmo Films Ltd., Garware Polyester Ltd., Huhtamaki Oyj, Jindal Poly Films Ltd., Polyplex Corp. Ltd., Tetra Pak International SA, and UFlex Ltd. are some of the major market participants.
- What are the key market drivers and challenges?
- Growing retail industry in India is one of the major factors driving the market. However, the rise in prices of raw material restraints the market growth.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Amcor Plc, Balmer Lawrie & Co. Ltd., Constantia Flexibles Group GmbH, Cosmo Films Ltd., Garware Polyester Ltd., Huhtamaki Oyj, Jindal Poly Films Ltd., Polyplex Corp. Ltd., Tetra Pak International SA, and UFlex Ltd. are some of the major market participants. The growing retail industry in India will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Flexible Packaging Market in India 2020-2024: Segmentation
Flexible Packaging Market in India is segmented as below:
-
End-user
- Food and Beverage Industry
- Pharmaceutical Industry
- Personal Care Industry
- Others
-
Material
- Plastic
- Paper
- Aluminum
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Flexible Packaging Market in India 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The flexible packaging market in India report covers the following areas:
- Flexible Packaging Market Size in India
- Flexible Packaging Market Trends in India
- Flexible Packaging Market Analysis in India
This study identifies growing investments in food processing sector as one of the prime reasons driving the flexible packaging market growth in India during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Flexible Packaging Market in India 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist flexible packaging market growth in India during the next five years
- Estimation of the flexible packaging market size in India and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the flexible packaging market in India
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of flexible packaging market vendors in India
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Market characteristics
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Food and beverage industry - Market size and forecast 2019-2024
- Pharmaceutical industry - Market size and forecast 2019-2024
- Personal care industry - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by End-user
Market Segmentation by Material
- Market segments
- Comparison by Material
- Plastic - Market size and forecast 2019-2024
- Paper - Market size and forecast 2019-2024
- Aluminum - Market size and forecast 2019-2024
- Market opportunity by Material
Customer Landscape
Volume Driver - Demand led growth
Market Challenges
Market Trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
- Competitive scenario
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Amcor Plc
- Balmer Lawrie & Co. Ltd.
- Constantia Flexibles Group GmbH
- Cosmo Films Ltd.
- Garware Polyester Ltd.
- Huhtamaki Oyj
- Jindal Poly Films Ltd.
- Polyplex Corp. Ltd.
- Tetra Pak International SA
- UFlex Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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