IMARC Group, a leading market research company, has recently releases report titled “India Beverage Packaging Market Report by Material (Plastic, Metal, Glass, Paperboard, and Others), Product (Bottles, Cans, Pouches, Cartons, and Others), Application (Alcoholic beverages, Non-alcoholic beverages), and Region 2024-2032”. India beverage packaging market share reached US$ 7.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 13.6 Billion by 2032, exhibiting a growth rate (CAGR) of 6.90% during 2024-2032.
The rising consumer need for convenient as well as sustainable packaging solutions is one of the factors responsible for the growth of the India beverage packaging market. Additionally, as urbanization and lifestyle changes lead to busier schedules, there is a growing preference for ready-to-drink beverages, including juices, carbonated drinks, bottled water, and dairy products. Moreover, the increasing health consciousness among consumers is boosting demand for packaged health drinks and natural beverages, further propelling the market. Besides this, the expansion of the retail sector, along with the proliferation of modern trade channels and e-commerce, is also facilitating the growth of the beverage packaging market by making a wide variety of beverages more accessible to consumers.
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India Beverage Packaging Market
Sustainability trends and technological advancements are significant drivers in the India beverage packaging market. Additionally, growing environmental awareness and regulations by government authorities are pushing manufacturers to adopt eco-friendly packaging solutions. This includes the use of recyclable materials, biodegradable plastics, and reduced plastic usage, aligning with the global shift towards sustainable practices, which is acting as another growth-inducing factor. Furthermore, the market is positively inflated by technological innovations, such as advanced barrier coatings, smart packaging, and improved printing techniques, which enhance the functionality and aesthetic appeal of beverage packaging. These innovations not only help preserve the quality and extend the shelf life of beverages but also attract consumers through appealing and informative packaging designs, which are anticipated to drive the India beverage packaging market over the forecasted period.
India Beverage Packaging Market Segmentation
Material Insights:
- Plastic
- Metal
- Glass
- Paperboard
- Others
Product Insights:
- Bottles
- Cans
- Pouches
- Cartons
- Others
Application Insights:
- Alcoholic beverages
- Non-alcoholic beverages
- Carbonated drinks
- Bottled water
- Milk
- Fruit and vegetable juices
- Energy drinks
- Plant-based drinks
- Others
Regional Insights:
- North India
- West and Central India
- South India
- East and Northeast India
Ask Analyst for Customization and Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=21382&flag=C
Key Highlights of the Report:
• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• 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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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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