2016 Total Packaging Market Size (million units):
268,960
2011-16 Total Packaging Historic CAGR:
9.9%
2016-21 Total Packaging Forecast CAGR:
7.1%
Packaging Industry | 2016 Market Size (million units) |
---|---|
Beverages Packaging | 28,712 |
Food Packaging | 205,021 |
Beauty and Personal Care Packaging | 21,238 |
Dog and Cat Food Packaging | 45 |
Home Care Packaging | 13,944 |
Packaging Type | 2016 Market Size (million units) |
---|---|
Rigid Plastic | 24,574 |
Flexible Packaging | 213,655 |
Metal | 2,036 |
Paper-based Containers | 9,792 |
Glass | 10,948 |
Liquid Cartons | 7,649 |
- Packaging continued to register positive performance in India during 2016. Growth was driven by the recovering economy and falling inflation.
- Various new packaging formats were launched during the year, though not all were successful, as consumers remained price-conscious and continued to seek value for money. This increased demand for bulk packs, multipacks and smaller packaging, and discounting remained prevalent.
- Beauty and personal care packaging were influenced by the need for convenience.
Disclaimer
This database attempts to compile data from numerous sources. Users should be aware that because different sources are used, there could be errors or omissions. The user accepts that the information is only intended to be an initial reference. The user understands that there is no assurance that this reference material is error free, and that no one involved in compiling or distributing this reference material shall be liable for any damages arising out of its use. Commercially important information should be rechecked and verified with knowledgeable parties in the country of interest.