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India Corrugated Paperboard Boxes Market Research Report: By Material (Paperboard, Adhesives, Inks, Waxes), By Product (Corrugated & Solid Fiber Boxes, Set-up Paperboard Boxes, Folding Paperboard Boxes) andBy Application (Durable Goods, Food & Beverages, Paper & Publishing, Chemicals)- Forecast to 2035


ID: MRFR/PNT/54412-HCR | 111 Pages | Author: Snehal Singh| June 2025

India Corrugated Paperboard Boxes Market Overview:


The India Corrugated Paperboard Boxes Market Size was estimated at 18.82 (USD Billion) in 2023. The India Corrugated Paperboard Boxes Market Industry is expected to grow from 20.04(USD Billion) in 2024 to 34.2 (USD Billion) by 2035. The India Corrugated Paperboard Boxes Market CAGR (growth rate) is expected to be around 4.981% during the forecast period (2025 - 2035).


Key India Corrugated Paperboard Boxes Market Trends Highlighted


The India Corrugated Paperboard Boxes Market is experiencing notable growth driven by various factors. A key market driver is the increasing demand for eco-friendly packaging solutions among both consumers and manufacturers. As environmental awareness rises, businesses are leaning towards sustainable packaging options, and corrugated paperboard boxes fit this need well due to their recyclability and biodegradability. Additionally, the rise of e-commerce in India significantly contributes to increased demand for packaging materials, as the online retail sector requires safe and durable packaging for shipping goods. There are several opportunities to be explored within the market.The Indian government's emphasis on the promotion of sustainable practices and the reduction of plastic pollution creates an advantageous environment for corrugated packaging. The incorporation of eco-friendly materials is facilitated by initiatives such as the Swachh Bharat Mission and various state policies, which offer a platform for businesses in this sector. By innovating and developing more sustainable and efficient corrugated packaging solutions, manufacturers can capitalize on this trend. The market has recently witnessed a transition toward packaging designs that are more aesthetically pleasing and customizable. The demand for corrugated boxes that are more visually enticing is on the rise as businesses concentrate more on branding and consumer engagement. Additionally, technological innovations are optimizing production processes, rendering them more cost-effective and efficient. In addition, the corrugated paperboard boxes market is experiencing a substantial trend as a result of the expanding retail sector in India, which is encouraging companies to develop innovative packaging that is both durable and protective during transportation, while also ensuring that their products are visible on shelves.


India Corrugated Paperboard Boxes Market size     


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


India Corrugated Paperboard Boxes Market Drivers


Increasing Demand for Eco-Friendly Packaging Solutions


In India, there is a significant shift towards sustainable packaging solutions fueled by rising environmental awareness among consumers and businesses. The Ministry of Environment, Forest and Climate Change has reported that the packaging waste in India is estimated to be around 3.5 million tons per year, with an increasing portion targeted to be biodegradable or recyclable. The push for sustainability is further supported by organizations such as the Indian Institute of Packaging, which is promoting innovation in the development of environmentally friendly packaging materials.This encourages industries to opt for corrugated paperboard boxes, which are more sustainable compared to plastic packaging. The growing emphasis on reducing carbon footprints among consumer goods manufacturers is likely to boost the India Corrugated Paperboard Boxes Market Industry significantly. As large corporations, including Hindustan Unilever Limited and ITC Limited, shift toward eco-friendly packaging options, it is projected that the demand for corrugated paperboard boxes will correspondingly increase.


Expansion of E-commerce Sector


The thriving e-commerce sector in India is a major driver for the India Corrugated Paperboard Boxes Market Industry. As of 2022, the e-commerce industry was valued at approximately USD 84 billion, and it is expected to reach USD 200 billion by 2026 according to the Indian Brand Equity Foundation. With the rise of online shopping platforms such as Flipkart and Amazon, there is a growing need for robust packaging solutions that can ensure product safety during transit.Corrugated paperboard boxes, known for their strength and light weight, are increasingly being adopted by these e-commerce giants and local businesses alike to ship a variety of products. The convenience and security offered by these boxes in e-commerce logistics solidify their relevance in the market.


Growth in the Pharmaceutical and Food Industry


India's pharmaceutical sector is one of the fastest-growing globally and is anticipated to reach a USD 130 billion valuation by 2030 according to the Indian Pharmaceuticals Association. Additionally, the food processing industry is projected to grow significantly, driven by increasing consumer demand for packaged food. Both sectors require efficient packaging solutions that meet health and safety standards. Corrugated paperboard boxes are increasingly being utilized to ensure product integrity and compliance with regulations.Major companies, including Sun Pharmaceutical Industries and Britannia Industries, rely heavily on these boxes for packaging their products, resulting in a marked uptick in demand for corrugated paperboard boxes in the Indian market. This growth trajectory is likely to further stimulate the India Corrugated Paperboard Boxes Market.


Rise in Urbanization and Consumer Spending


Urbanization in India is accelerating, with the World Bank estimating that about 600 million people will move to urban areas by 2031. This demographic shift is accompanied by rising disposable incomes and changing consumption patterns, which result in increased demand for packaged goods. According to the National Statistical Office, the average monthly per capita expenditure in urban areas has risen significantly over the past five years. As urban consumers increasingly prefer ready-to-eat and convenience foods, the need for sturdy and efficient packaging options is paramount.This trend catalyzes growth for the India Corrugated Paperboard Boxes Market Industry as businesses in the retail and consumer goods sectors seek optimal packaging solutions to meet consumer demands.


India Corrugated Paperboard Boxes Market Segment Insights:


Corrugated Paperboard Boxes Market Material Insights


The India Corrugated Paperboard Boxes Market, specifically focusing on the Material segment, represents a significant component in the packaging industry, which is driven by factors such as the growth in e-commerce, rapid industrialization, and a shift towards sustainable packaging solutions. Materials such as paperboard, adhesives, inks, and waxes play a crucial role in producing corrugated boxes that are lightweight, durable, and environmentally friendly. Paperboard is a dominant material due to its recyclability and ability to be manufactured from renewable resources, aligning perfectly with India’s increasing emphasis on sustainability and waste reduction initiatives. The rising consumer awareness regarding eco-friendly packaging options further amplifies the importance of using paperboard, reaffirming its position within the Material segment. Adhesives are essential in providing structural integrity and ensuring the durability of corrugated boxes under various handling conditions. Their significance is amplified by the need for strong, reliable packaging solutions in industries such as food and beverage, pharmaceuticals, and consumer goods, all of which are expanding in the Indian market. Inks used in the printing of labels and branding play a vital role in consumer appeal and are increasingly sourced from eco-friendly alternatives, meeting both aesthetic and regulatory demands. The trend towards sustainability extends to waxes, which are often employed to enhance the moisture resistance of corrugated boxes. This feature is particularly crucial for the logistics and transportation sectors, where boxes may be exposed to various environmental conditions. With a growing focus on reducing carbon footprints and enhancing product visibility on retail shelves, the innovations in the materials used in corrugated boxes are turning heads within India’s packaging landscape. The continuous research and development in the Material segment cater to the rising demand for high-quality, efficient, and sustainable packaging solutions in various industries, ultimately shaping the future of the India Corrugated Paperboard Boxes Market. As these materials evolve, they not only contribute to market growth but also reflect the larger trends in environmental consciousness and customer preferences across India, emphasizing the significance of this sector within the overall industry landscape. The interplay of these components within the Material segment underlines the strategic importance of corrugated paperboard boxes in responding to consumer demands and environmental concerns in India.


India Corrugated Paperboard Boxes Market Segment     


 


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Corrugated Paperboard Boxes Market Product Insights


The India Corrugated Paperboard Boxes Market is characterized by its robust product offerings, primarily reflecting the diverse needs of various industries. Among these, Corrugated and Solid Fiber Boxes play a crucial role due to their strength and versatility, making them ideal for shipping and storage applications across sectors like e-commerce, food and beverage, and consumer goods. Set-up Paperboard Boxes are gaining traction for their superior structural integrity and aesthetic appeal, making them favorable for retail packaging, particularly in cosmetics and gifts.Similarly, Folding Paperboard Boxes are significant because of their cost-effectiveness and efficient use of space, enabling companies to optimize logistics and reduce waste. These product categories together cater to a wide range of consumer and industrial applications within the Indian market. Furthermore, the growing emphasis on eco-friendly packaging solutions aligns perfectly with the inherent qualities of corrugated paperboard, thereby driving the market's growth. As businesses increasingly seek sustainable options, these product segments are positioned to capture significant market interest and contribute to the overall evolution of the India Corrugated Paperboard Boxes Market.


Corrugated Paperboard Boxes Market Application Insights


The Application segment of the India Corrugated Paperboard Boxes Market plays a crucial role in reflecting the overall demand for packaging solutions in the country. The Durable Goods sector significantly contributes to the market, as the need for reliable packaging increases with the growth of manufacturing industries and retail. Meanwhile, the Food and Beverages segment is pivotal, driven by evolving consumer preferences and the rise in online food delivery services, highlighting the importance of safe and eco-friendly packaging. The Paper and Publishing segment also holds substantial ground in this market, primarily due to the increasing trend of online shopping, which necessitates efficient and protective packing for shipped goods.Lastly, the Chemicals sector, which requires specific packaging solutions for hazardous materials, is anticipating growth, as regulatory frameworks emphasize safe storage and transportation. These segments collectively demonstrate the diverse opportunities within the India Corrugated Paperboard Boxes Market, fueled by trends in e-commerce, sustainability, and consumer safety. The overall market growth is closely tied to innovations in packaging technology and increasing environmental awareness among consumers and businesses alike.


India Corrugated Paperboard Boxes Market Key Players and Competitive Insights:


The India Corrugated Paperboard Boxes Market is characterized by a diverse range of players and a competitive landscape that is continually evolving. With an increasing demand for eco-friendly and sustainable packaging solutions, the market has witnessed significant growth in recent years. The surge in e-commerce, coupled with burgeoning sectors such as food and beverages, pharmaceuticals, electronics, and consumer goods, has further fueled the demand for corrugated boxes. Companies in this sector strive to innovate and provide high-quality products that meet the varying needs of different industries. The competitive insights reveal that firms are not only focusing on enhancing their production capabilities but also on embracing sustainable practices, which is shaping the strategic direction of their operations. Shree Krishna Paper Mills stands out in the India Corrugated Paperboard Boxes Market due to its robust manufacturing processes and a commitment to quality. With a strong presence across several regions in India, the company has developed a reputation for providing diverse corrugated packaging solutions that cater to various industries, including packaging for industrial products, food products, and consumer goods. The company emphasizes sustainable practices by utilizing recycled paper, which contributes to both cost-effectiveness and environmental conservation. Shree Krishna Paper Mills has established itself as a reliable partner in the supply chain, with a focus on customer satisfaction and a responsive approach to market changes, enabling it to maintain a competitive edge.Pioneer Packagings is another notable player in the India Corrugated Paperboard Boxes Market, known for its wide range of high-quality packaging solutions. The company offers a variety of products, including custom-made corrugated boxes, printed boxes, and specialized packaging solutions that are tailored to meet customer requirements. With a strong foothold in the Indian market, Pioneer Packagings has enhanced its operational capabilities through strategic investments and a focus on the latest technology in production techniques. The company's strengths lie in its innovative approach to packaging, quick turnaround times, and comprehensive customer service that addresses specific client needs. Additionally, Pioneer Packagings has expanded its business through several mergers and acquisitions, which have bolstered its market presence and product offerings, enabling it to maintain robust growth in a competitive landscape.


Key Companies in the India Corrugated Paperboard Boxes Market Include:



  • Shree Krishna Paper Mills

  • Pioneer Packagings

  • Kraft Paper Mills

  • Gopala Polyplast

  • Sree Sakthi Paper Mills

  • Smriti Papers

  • JK Paper

  • Laxmi Group

  • Poly Pack

  • Satyaprakash Paper Mills

  • Hindustan Paper Corporation

  • Container Corporation of India

  • ITC Limited

  • West Coast Paper Mills


India Corrugated Paperboard Boxes Market Industry Developments


The India Corrugated Paperboard Boxes Market has witnessed significant developments recently, reflecting the growing demand for sustainable packaging solutions. Companies such as JK Paper and ITC Limited are expanding their production capacities to meet the rising needs of various sectors including e-commerce and food and beverage. Notable growth has been observed in the market valuation of firms like Shree Krishna Paper Mills and Gopala Polyplast, influencing competitive dynamics positively. In terms of mergers and acquisitions, there have been no recent comprehensive insights reported about specific transactions involving the companies of interest like Satyaprakash Paper Mills and West Coast Paper Mills. However, the ongoing trend towards consolidation suggests potential future activities in this space. The government's push for sustainable packaging aligned with initiatives to reduce plastic use further boosts innovation within companies, ensuring that organizations like Pioneer Packagings and Sree Sakthi Paper Mills adapt their strategies effectively. The past 2-3 years have also seen a consistent shift towards eco-friendly practices, indicating an overall transformation in manufacturing and consumption patterns within the Indian market.


India Corrugated Paperboard Boxes Market Segmentation Insights


Corrugated Paperboard Boxes Market Material Outlook



  • Paperboard

  • Adhesives

  • Inks

  • Waxes


Corrugated Paperboard Boxes Market Product Outlook



  • Corrugated & Solid Fiber Boxes

  • Set-up Paperboard Boxes

  • Folding Paperboard Boxes


Corrugated Paperboard Boxes Market Application Outlook



  • Durable Goods

  • Food & Beverages

  • Paper & Publishing

  • Chemicals


 

Report Scope:
Report Attribute/Metric Source: Details
MARKET SIZE 2018 18.82(USD Billion)
MARKET SIZE 2024 20.04(USD Billion)
MARKET SIZE 2035 34.2(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 4.981% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
MARKET FORECAST PERIOD 2025 - 2035
HISTORICAL DATA 2019 - 2024
MARKET FORECAST UNITS USD Billion
KEY COMPANIES PROFILED Shree Krishna Paper Mills, Pioneer Packagings, Kraft Paper Mills, Gopala Polyplast, Sree Sakthi Paper Mills, Smriti Papers, JK Paper, Laxmi Group, Poly Pack, Satyaprakash Paper Mills, Hindustan Paper Corporation, Container Corporation of India, ITC Limited, West Coast Paper Mills
SEGMENTS COVERED Material, Product, Application
KEY MARKET OPPORTUNITIES E-commerce packaging growth, Sustainable packaging demand, Rising food delivery services, Urbanization driving retail expansion, Adoption of smart packaging solutions
KEY MARKET DYNAMICS Growing e-commerce demand, Sustainable packaging initiatives, Rising transportation costs, Product safety concerns, Government regulations on packaging
COUNTRIES COVERED India


Frequently Asked Questions (FAQ) :

The India Corrugated Paperboard Boxes Market is expected to be valued at 20.04 USD Billion in 2024.

In 2035, the market is projected to reach a value of 34.2 USD Billion.

The market is anticipated to grow at a CAGR of 4.981% from 2025 to 2035.

Major players include Shree Krishna Paper Mills, Pioneer Packagings, Kraft Paper Mills, Gopala Polyplast, and ITC Limited among others.

The Paperboard segment is valued at 10.8 USD Billion in 2024.

The Adhesives segment is expected to reach 5.9 USD Billion by 2035.

The Inks segment is expected to be valued at 4.0 USD Billion in 2035.

Challenges include fluctuating raw material prices and competition from alternative packaging materials.

Applications in e-commerce, food and beverage packaging, and consumer goods are driving market growth.

Current global trends and supply chain dynamics are influencing demand and pricing in the market.

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