IMARC Group has recently released a new research study titled "India Green Packaging Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

How big is the India green packaging market?

The India green packaging market is expected to exhibit a growth rate (CAGR) of 7.24% during 2023-2028.

Insights Surrounding the Green Packaging Industry in India:

Green packaging, also known as eco-friendly packaging or sustainable packaging, refers to packaging designs that have low impact on the environment. They accomplish this by reducing the packaging waste produced and using sustainable materials, such as recyclable or biodegradable packaging elements, along with the usage of renewable energy during production. Plant-based plastics, recycled paper, and re-used polyethylene (PE) bags are some of the common materials used for producing green packaging.

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Opportunities in the Green Packaging Market in India:

The increasing awareness among consumers about environmental conservation is driving the market growth across India. Furthermore, the growing initiatives by the Government of India (GOI) toward the protection of human health and the environment is expected to promote the market growth.

For instance, GOI has imposed a prohibition on single-use plastics to challenge rapidly rising levels of plastic pollution in the country. This has led to an increased adoption of green packaging in several industries, like healthcare, and food and beverages. The continuous economic development, along with rapid urbanization in the country, has encouraged the usage of advanced packaging technologies, which is further expected to propel the market growth.

Apart from this, the increasing focus of manufacturers on the development of sustainable packaging solutions like Ecoware is projected to enhance the market growth in the country.

India Green Packaging Market 2023-2028 Competitive Analysis and Segmentation:

India Green Packaging Market Segmentation:

The report has segmented the India green packaging market on the basis of packaging type, end use industry and region.

Based on Packaging Type:

  • Recycled Content Packaging
  • Reusable Packaging
  • Degradable Packaging

Based on End Use Industry:

  • Food Industry
  • Beverage Industry
  • Healthcare Industry
  • Personal Care Industry
  • Others

Regional Analysis:

  • North India
  • West and Central India
  • South India
  • East India

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Key Highlights of the Report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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