India Packaging Machinery Market
India Packaging Machinery Market Research Report By Application (Filling, Labeling, Form-Fill-Seal, Cartoning, Wrapping, Palletizing, Bottling Line, Others) and By End User (Beverages, Food, Chemicals, Personal Care, Pharmaceuticals, Others)- Forecast to 2035
Industry Developments
In the India Packaging Machinery Market, recent developments highlight significant advancements and collaborations among key players. In October 2023, PackTech announced the launch of innovative eco-friendly packaging solutions aimed at reducing plastic waste, addressing growing sustainability concerns in the industry. Godrej and Uflex have entered partnerships to enhance their technological capabilities, focusing on smart packaging solutions that incorporate IoT technology for improved tracking and efficiency.
Additionally, Tetra Pak's investment in expanding its manufacturing capabilities in India underlines the increasing demand for packaged food and beverages amid rising consumer preferences for convenience. Mahrudhar Industries has reported a 20% growth in market valuation this year, attributing this to an increase in domestic consumption and exports. Over the past two years, significant mergers included Schneider Packaging acquiring Milan Packaging in November 2022 to broaden its service offerings. Furthermore, Bosch Packaging Technology has enhanced its production line to cater to the burgeoning e-commerce sector. The India Packaging Machinery Market continues to evolve rapidly with these developments, reflecting the broader trends in sustainability, technology integration, and market growth.
Report Scope
|
Report Attribute/Metric |
Details |
|
Market Size 2018 |
3.28(USD Billion) |
|
Market Size 2024 |
3.75(USD Billion) |
|
Market Size 2035 |
6.24(USD Billion) |
|
Compound Annual Growth Rate (CAGR) |
4.738% (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 |
PackTech, Godrej, Parksons Packages, Herma, Uflex, TechnoPack, Bosch Packaging Technology, Milan Packaging, Tetra Pak, Siddhivinayak Solutions, Mahrudhar Industries, Siddhivinayak Packaging, Schneider Packaging, Krones |
|
Segments Covered |
Application, End User |
|
Key Market Opportunities |
Growing e-commerce sector demand, Rising automation adoption, Increasing focus on sustainable packaging, Expanding food and beverage industries, Rising healthcare packaging needs |
|
Key Market Dynamics |
increasing e-commerce demand, technological advancements, sustainability trends, regulatory compliance, customization of packaging solutions |
|
Countries Covered |
India |
FAQs
What is the expected market size of the India Packaging Machinery Market in 2024?
The India Packaging Machinery Market is expected to be valued at 3.75 USD Billion in 2024.
What will the projected market value be in 2035 for the India Packaging Machinery Market?
By 2035, the India Packaging Machinery Market is anticipated to reach a valuation of 6.24 USD Billion.
What is the expected CAGR for the India Packaging Machinery Market from 2025 to 2035?
The expected compound annual growth rate for the India Packaging Machinery Market from 2025 to 2035 is 4.738%.
Who are the major players in the India Packaging Machinery Market?
Key players in the India Packaging Machinery Market include PackTech, Godrej, Parksons Packages, and Tetra Pak.
Which application in the India Packaging Machinery Market has the highest value in 2024?
In 2024, the Filling application of the India Packaging Machinery Market is valued at 0.851 USD Billion.
What will the value of the Labeling application be in the India Packaging Machinery Market in 2035?
The Labeling application is projected to be valued at 1.022 USD Billion in 2035.
How much is the Form-Fill-Seal application valued in 2024?
The Form-Fill-Seal application is valued at 0.928 USD Billion in 2024.
What is the expected growth for the Wrapping application between 2024 and 2035?
The Wrapping application is expected to grow from 0.773 USD Billion in 2024 to 1.318 USD Billion by 2035.
What is the projected market value for the Cartoning application in 2035?
The anticipated market value for the Cartoning application in 2035 is 0.947 USD Billion.
What are the emerging trends impacting the India Packaging Machinery Market?
Emerging trends in the India Packaging Machinery Market include advancements in automation and sustainability practices.
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