India Rigid Plastic Packaging Market

The India Rigid Plastic Packaging market segmentation, based on material, includes PE, PET, PS, PP, PVC, EPS, Bioplastics, and Others. The PE segment dominated the market mostly. Heat sealing and vapor resistance are two features of polyethylene, a leak-proof polymer. It costs less and is quite lightweight. The segment's growth is further aided by other advantages such as the high durability and ease of recycling.

The India Rigid Plastic Packaging market segmentation, based on production process, includes Extrusion, Injection Molding, Blow Molding, Thermoforming, and Others. The injection molding category generated the most income. The need for injection molding machines to produce different packaging and processing components, like food and beverage containers, processing equipment components, conveyor system components, and others, is growing in the food and beverage industry, which is one of the main factors fueling the market's expansion. Furthermore, market expansion is expected to be fueled by the rise of the automotive industry.

Figure 1: India Rigid Plastic Packaging Market, by Production Process, 2023 & 2032 (USD Billion)Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

The India Rigid Plastic Packaging market segmentation, based on application, includes Bottles & Jars, Rigid Bulk Products, Trays, Tubs, Cups 7 POTS, Caps & Closures, and Others. The bottles & jars category generated the most income. Bottles and jars are used in the expanding food and beverage, pharmaceutical, building and construction, and automotive industries, among many other end-use sectors. To top it off, plastic jars and bottles are lightweight, incredibly durable, and can take on any shape. Plastic bottles' ease of recycling and reuse is fueling this market's expansion.

The India Rigid Plastic Packaging market segmentation, based on end user, includes Food, Beverage, Pharmaceuticals, Personal Care & Cosmetics, Homecare, Industrial, and Others. The food category generated the most income. Innovation in packaging is crucial for product manufacturers and retailers to stand out from the competition in the food sector and to market and distinguish their brands. The food industries have come to rely more on hard plastic packaging since it prolongs the shelf life of packaged meals. Rigid materials are utilized for food packing.

Growing numbers of people, rising incomes, and evolving lifestyles are some of the major drivers propelling the rigid plastic packaging sector in India. Increased demand for the rigid plastic packaging sector is being driven by end-user segments' growth potential. Due to its strong resistance to impact, high-impact PS is a kind of plastic that is frequently employed in toys and consumer devices. For particular end-use applications, such as food trays that need to have environmental solid stress crack resistance, several grades of HIPS have been created with exceptional qualities.

Over the projection period, the demand for polystyrene is expected to rise significantly due to the government's Make in India initiative and its noteworthy contributions to the growth of the nation's ACE (appliances and consumer electronics) industry. Additionally, as the number of single-person households in India rises, there will likely be a greater need for rigid food packaging made of PE-based films to meet the growing demand for convenience goods like pre-prepared fruits and vegetables.