Folding paperboard boxes cartons market penetration india
14 Jan 10 January , New Delhi: The global market value of the packaging industry was worth $ million in which is projected to reach $ million by , growing at a CAGR of %, from to India's current share in the global packaging industry is %. One of the major trends.
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Paper and Paperboard Packaging Market in India
25 Apr The food products segment dominates the folding carton market and will account for close to 27% of market share by Another related report is Global Corrugated Box Market that forecasts worldwide corrugated box packaging market to grow at a CAGR of % during the period. This report offers detailed overview, Research, Opportunities & Growth of India paper packaging market segmented based on products and verticals.
India Paper Packaging Market - By Product (Corrugated Box, Folding Carton, Kraft Paper), Industry (Food, Beverage, Home and Personal Care, Healthcare), Trends .
Packaging On the Move - Papermart
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Description:Developing economies like India and China will drive the market for the paper packaging segment, with applications across industries like healthcare, personal care, homecare, retail, and others. With the focus now shifting towards eco-friendly and sustainability, paper packaging is expected to gain traction with many countries pushing for paper packaging products over plastic packaging, which poses a significant threat to the environment. Higher recycling demand will further push the use of paper as a packaging material, with consumers and businesses looking for solutions that help in cost reduction as well as keeping the environment safe while keeping government regulations intact. Drivers Some of the factors driving the market include: Consumer consciousness of sustainable packaging Consumer preference Raw material availability Deforestation The increasing recycling rate and improving logistical efficiency are the major trends in the market.