Title: Plastic Packaging Market in India 2014
1 Plastic Packaging Market in India 2014
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2Summary
Plastic Packaging Market in India 2014 captures
the largest segment of the overall domestic
plastic packaging market. Plastic is the most
common form of packaging being used in recent
times because of its unique benefits that are as
yet unmatched by other forms of packaging. The
emerging retail sector and increased consumerism
have provided a boost to the packaging sector,
which further stimulates the demand for plastic
packaging materials. Accelerated growth in the
food and beverage sector, along with rise in
demand witnessed within the FMCG sector,
pharmaceutical industry, paint and lubricant
industry together comprise some of the key
factors propelling the plastic packaging sector.
However, the industry also has to contend with
several bottlenecks. Ban on plastic packaging of
certain commodities is increasingly having an
adverse impact on the industry. The Indian
government is considering a ban on the usage of
plastic owing to the potential health hazards
arising from use of plastic bottles.
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3The domestic plastic packaging market is clearly
segmented into the organized and unorganized
sectors wherein the organized sector caters to
the larger industry base that requires plastic
packaging. Although the sector comprises both
rigid as well as flexible plastics, the
preference for flexible packaging over its rigid
counterpart has been evident with the passage of
time. In-mold label is also gaining popularity
within the plastic packaging sector. Technologies
using Bioplastics and nanoparticle layered
plastic packaging are slowly gaining prominence.
Plastics have increasingly replaced traditional
materials in the Indian packaging sector due to
their light weight and superior functionality.
The Indian plastic packaging market is a robust
market at present and has strong growth potential
in the upcoming years.
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4Table of Contents
- Executive Summary
- Introduction
- Market Overview
- Drivers Challenges
- Trends
- Competitive Landscape
- Strategic Insights
- Appendix
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