Packaging Industry Outlook in India: Market Size, Key Trends, Drivers and Challenges to 2016

Report Summary

The report provides top-level market analysis, information and insights into the Indian packaging industry, including:

• Current, historic and forecast values and trends for the Indian packaging industry, including individual categories
• Comprehensive, country-specific analysis of the industry’s market attractiveness, covering key trends and drivers, India’s competitive landscape and benchmarking with other key markets
• Description and analysis of the packaging categories and end-user markets for the overall packaging industry
• Porter’s Five Forces Analysis of all individual categories and the overall packaging industry

Executive Summary

The Indian packaging industry is expected to become the fourth-largest packaging market in the world, with revenues of US$43.7 billion in 2016. Flexible plastic packaging was the fastest-growing packaging category in India, achieving a CAGR of 16.6% during the review period. During the review period, the packaging industry benefitted from strong growth in the Indian retail market. Other end-user markets from packaging, including pharmaceutical and processed food, have been growing rapidly over the review period, both domestically and internationally. This demand from end-user markets is expected to remain high during the forecast period.

Scope

This report provides a comprehensive analysis of the packaging industry in India:

• It provides historical values for India’s packaging industry for the report’s 2007–2011 review period and forecast figures for the 2012–2016 forecast period
• It offers a detailed analysis of the key categories in India’s packaging industry, along with market forecasts until 2016
• It details the different macroeconomic factors affecting the packaging industry in India
• It covers an exhaustive summary of the key trends and drivers affecting the end-user markets in packaging
• Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in India for the packaging industry
• It outlines the current regulatory framework in the industry

Reasons To Buy

• Make strategic business decisions using top-level historic and forecast market data related to the Indian packaging industry and each category within it
• Understand the key market trends and growth opportunities within the Indian packaging industry
• Assess the competitive dynamics in the packaging industry
• Identify the growth opportunities and industry dynamics within five key packaging categories
• Gain insights into key regulations governing the Indian packaging industry

Key Highlights

• India’s retail growth and increased consumption of consumer products is driving the demand for packaging in the country
• India is the sixth-largest packaging market in the world, with sales of US$24.6 billion in 2011
• The packaging industry is expected to grow at a CAGR of 12.3% during the forecast period, to become the fourth-largest global market, with sales of US$43.7 billion in 2016
• The Indian food processing market is one of the largest in the world in terms of production, consumption and growth prospects
• India’s per capita annual packaging expenditure was US$20 in 2011, which is significantly lower than the top 20 market average of US$347.6. The low per capita expenditure offers a huge business opportunity for packaging companies
• Despite the Indian packaging industry undergoing some consolidation, it is still fragmented, especially following the introduction of new companies in the country

Table of Contents

1 Executive Summary

2 Future Growth Potential of Packaging in India
2.1 Indian Packaging Industry Overview
2.2 Indian Packaging Industry Future Outlook
2.3 Indian Packaging Material Size
2.4 India Packaging Market Size by Category
2.4.1 Paper and board packaging
2.4.2 Flexible plastic packaging
2.4.3 Rigid plastic packaging
2.4.4 Metal packaging
2.4.5 Glass packaging
2.5 India Packaging Machinery Market Size

3 Indian Packaging Industry Benchmarking
3.1 Ranking Against Global Packaging Markets
3.2 Global Packaging Market Growth Potential
3.3 Market Share in Paper and Board Packaging
3.4 Market Share in Flexible Plastic Packaging
3.5 Market Share in Rigid Plastic Packaging
3.6 Market Share in Metal Packaging
3.7 Market Share in Glass Packaging

4 Market Environment, Growth Drivers and Challenges
4.1 Macroeconomic Factors
4.1.1 GDP growth
4.1.3 Annual disposable income
4.1.5 Annual consumer expenditure on food
4.1.6 Inflation rate
4.1.8 Deployment of credit by sector
4.2 Regulatory Environment
4.2.1 Liberal FDI guidelines
4.2.2 The Food Safety and Standards Act 2006
4.2.3 Mandatory for labeling retail packages
4.3 Key End-User Market Drivers
4.3.1 Industry growth
4.3.2 Food and beverage market
4.3.3 Pharmaceuticals market
4.4 Emerging Business Strategy Trends
4.4.1 India’s growing economy and changing consumption is generating increased demand for packaging products
4.4.2 Growing environmental concerns will lead to the growth of environmentally friendly packaging
4.4.3 Pharmaceuticals end-user market is leading the adoption of smart packaging
4.4.4 Companies launching innovative packages to tap into the low-income population
4.5 Key Challenges
4.5.1 Inadequate domestic regulations
4.5.2 Rising cost is a major challenge for the Indian packaging manufacturers

5 Indian Packaging Trade Dynamics
5.1 Trade dynamics – Overview
5.2 Packaging Imports and Exports Analysis
5.2.1 Paper and board packaging
5.2.2 Tinplate packaging
5.2.3 Aluminum foil
5.2.4 Glass packaging
5.2.5 Packaging machinery

6 Industry Structure and Competitive Landscape
6.1 Competitive Landscape: Overview
6.2 Industry Dynamics: Five Forces Analysis
6.3 Five Forces Analysis: Paper and Board
6.3.1 Bargaining power of supplier: medium
6.3.2 Bargaining power of buyer: high
6.3.3 Barriers to entry: low to medium
6.3.4 Intensity of rivalry: high
6.3.5 Threat of substitution: low
6.4 Five Forces Analysis: Flexible Plastic
6.4.1 Bargaining power of supplier: medium to high
6.4.2 Bargaining power of buyer: medium to high
6.4.3 Barriers to entry: low
6.4.4 Intensity of rivalry: high
6.4.5 Threat of substitution: low
6.5 Five Forces Analysis: Rigid Plastic
6.5.1 Bargaining power of supplier: medium
6.5.2 Bargaining power of buyer: high
6.5.3 Barriers to entry: low
6.5.4 Intensity of rivalry: high
6.5.5 Threat of substitution: medium
6.6 Five Forces Analysis: Metal Packaging
6.6.1 Bargaining power of supplier: medium to high
6.6.2 Bargaining power of buyer: medium to high
6.6.3 Barriers to entry: medium to high
6.6.4 Intensity of rivalry: high
6.6.5 Threat of substitution: medium to high
6.7 Five Forces Analysis: Glass
6.7.1 Bargaining power of supplier: medium
6.7.2 Bargaining power of buyer: medium to high
6.7.3 Barrier to entry: medium to high
6.7.4 Intensity of rivalry: high
6.7.5 Threat of substitution: medium to high

7 Appendix
7.1 About BRICdata
7.2 Methodology
7.3 Definitions
7.4 Disclaimer

List of Tables

Table 1: Indian Packaging Industry Market Size Trend by Category (US$ Billion), 2007–2011
Table 2: Indian Packaging Industry Market Size Trend by Category (US$ Billion), 2012–2016
Table 3: Indian Paper and Board Packaging Market Size (US$ Billion), 2007–2011
Table 4: Indian Paper and Board Packaging Market Size (US$ Billion), 2012–2016
Table 5: Indian Flexible Plastic Packaging Market Size (US$ Billion), 2007–2011
Table 6: Indian Flexible Plastic Packaging Market Size (US$ Billion), 2012–2016
Table 7: Indian Rigid Plastic Packaging Market Size (US$ Billion), 2007–2011
Table 8: Indian Rigid Plastic Packaging Market Size (US$ Billion), 2012–2016
Table 9: Indian Metal Packaging Market Size (US$ Billion), 2007–2011
Table 10: Indian Metal Packaging Market Size (US$ Billion), 2012–2016
Table 11: Indian Glass Packaging Market Size (US$ Billion), 2007–2011
Table 12: Indian Glass Packaging Market Size (US$ Billion), 2012–2016
Table 13: Indian Packaging Machinery Market Size (US$ Million), 2007–2011
Table 14: Indian Packaging Machinery Market Size (US$ Million), 2012–2016
Table 15: Indian GDP at Constant Prices (US$ Billion), 2007–2016 (Base Year 1999–2000)
Table 16: Indian Annual Disposable Income (US$ Billion), 2007–2016
Table 17: Indian Consumer Expenditure on Food (US$ Billion), 2007–2016
Table 18: Indian Inflation Rate (%), 2007–2016
Table 19: Indian Packaging Market Size by End-User Market (US$ Billion), 2007–2011
Table 20: Indian Packaging Market Size by End-User Market (US$ Billion), 2012–2016
Table 21: Indian Processed Food Market Size (US$ Billion), 2007–2011
Table 22: Indian Processed Food Market Size (US$ Billion), 2012–2016
Table 23: Indian Packaging Industry Import and Export Dynamics (US$ Million), 2011
Table 24: Indian Paper and Board Packaging Import and Export Trends (US$ Million), 2007–2011
Table 25: Indian Tinplate Packaging Import and Export Trends (US$ Million), 2007–2011
Table 26: Indian Aluminum Foil Import and Export Trends (US$ Million), 2007–2011
Table 27: Indian Glass Packaging Export Trend (US$ Million), 2007–2011
Table 28: Indian Packaging Machinery Import and Export Trends (US$ Million), 2007–2016
Table 29: Competitive Landscape of Indian Packaging Industry

List of Figures

Figure 1: Indian Packaging Industry Market Size Trend by Category (US$ Billion), 2007–2011
Figure 2: Indian Packaging Industry Market Size Trend by Category (US$ Billion), 2012–2016
Figure 3: Indian Paper and Board Packaging Market Size (US$ Billion), 2007–2011
Figure 4: Indian Paper and Board Packaging Market Size (US$ Billion), 2012–2016
Figure 5: Indian Flexible Plastic Packaging Market Size (US$ Billion), 2007–2011
Figure 6: Indian Flexible Plastic Packaging Market Size (US$ Billion), 2012–2016
Figure 7: Indian Rigid Plastic Packaging Market Size (US$ Billion), 2007–2011
Figure 8: Indian Rigid Plastic Packaging Market Size (US$ Billion), 2012–2016
Figure 9: Indian Metal Packaging Market Size (US$ Billion), 2007–2011
Figure 10: Indian Metal Packaging Market Size (US$ Billion), 2012–2016
Figure 11: Indian Glass Packaging Market Size (US$ Billion), 2007–2011
Figure 12: Indian Glass Packaging Market Size (US$ Billion), 2012–2016
Figure 13: Indian Packaging Machinery Market Size (US$ Million), 2007–2011
Figure 14: Indian Packaging Machinery Market Size (US$ Million), 2012–2016
Figure 15: Benchmarking with Key Global Markets (US$ Billion), 2011 vs 2016
Figure 16: Top Global Markets by Future Packaging Industry Growth (%), 2012–2016
Figure 17: Paper and Board Packaging Market by Country as a Percentage of the Global Market (%), 2011
Figure 18: Flexible Plastic Packaging Market by Country as a Percentage of the Global Market (%), 2011
Figure 19: Rigid Plastic Packaging Market by Country as a Percentage of the Global Market (%), 2011
Figure 20: Metal Packaging Market by Country as a Percentage of the Global Market (%), 2011
Figure 21: Glass Packaging Market by Country as a Percentage of the Global Market (%), 2011
Figure 22: Indian GDP at Constant Prices (US$ Billion), 2007–2016 (Base Year 1999–2000)
Figure 23: Indian Annual Disposable Income (US$ Billion), 2007–2016
Figure 24: Indian Consumer Expenditure on Food (US$ Billion), 2007–2016
Figure 25: Indian Inflation Rate (%), 2007–2016
Figure 26: Indian Deployment of Credit by Sector (US$ Billion), 2007–2011
Figure 27: Indian Packaging Market Size by End-User Market (US$ Billion), 2007–2011
Figure 28: Indian Packaging Market Size by End-User Market (US$ Billion), 2012–2016
Figure 29: Indian Processed Food Market Size (US$ Billion), 2007–2011
Figure 30: Indian Processed Food Market Size (US$ Billion), 2012–2016
Figure 31: Indian Paper and Board Packaging Import and Export Trends (US$ Million), 2007–2011
Figure 32: Indian Tinplate Packaging Import and Export Trends  (US$ Million), 2007–2011
Figure 33: Indian Aluminum Foil Import and Export Trends  (US$ Million), 2007–2011
Figure 34: Indian Glass Packaging Export Trend (US$ Million), 2007–2011
Figure 35: Indian Packaging Machinery Import and Export Trends (US$ Million), 2007–2016
Figure 36: Indian Packaging Industry Dynamics: Paper and Board Packaging
Figure 37: Indian Packaging Industry Dynamics: Flexible Plastic Packaging
Figure 38: Indian Packaging Industry Dynamics: Rigid Plastic Packaging
Figure 39: Indian Packaging Industry Dynamics: Metal Packaging
Figure 40: Indian Packaging Industry Dynamics: Glass Packaging