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Packaging Market in India to Grow at a CAGR of 15.44% over the Period 2014-2019, Finds New Report

Market Research Reports, Inc. has announced the addition of “Packaging Market in India 2015-2019” research report to their website http://www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 06/26/2015 -- Report forecast the packaging market in India to grow at a CAGR of 15.44% over the period 2014-2019.

Packaging is used to cover or wrap a product to preserve its quality and extend the shelf life of its contents by reducing the risk of contamination. Packaging plays a very significant role in transportation, warehousing, logistics, and sales of products. Apart from providing convenience to customers, packaging also plays a major role in attracting customers to purchase the product. It also controls the size and quantity of the content. The packaging materials used are available in two forms: rigid packaging material and flexible packaging material. Rigid packaging material comprises rigid plastics, glass bottles, containers, and metals. Flexible packaging materials include bags and pouches, squeezable bottles, stand-up pouches, CD cases, and materials used in foam packaging.

The report covers the present scenario and the growth prospects of the packaging market in India for the period 2015-2019. The market is segmented based on the following criteria: types of packaging and types of materials.

The Packaging Market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

According to the report, increase in the number of Internet users, rise in the population of working women, and the growing number of supermarkets and department stores are leading to changes in the consumption patterns of consumers, providing impetus to growth in the sector. The food and grocery segment dominates the retail market in India. Retail stores use packaging materials to protect food and groceries, retain their nutritional value, and provide consumers with packaged products that are convenient are safe to consume. This, in turn, boosts the demand for packaging materials.

Key players in the packaging market in India: Balmer Lawrie, Jindal Poly Films, MAX India and Uflex

Other Prominent Vendors in the market are: Bilcare, ESS DEE, Essel Propack, Flexituff, Garware Poly, Huhtamaki, Oricon Enterprises, Parekh Aluminex, Polyplex, Radha Madhav, Rollatainers and Time Technoplast

Key market driver
- Growth in retail sector
- For a full, detailed list, view our report

Key market challenge
- Risk of packaged food contamination
- For a full, detailed list, view our report

Key market trend
- Preference for flexible packaging in FMCG sector
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 73 pages, "Packaging Market in India 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Types of Packaging, Market Segmentation by Type of Material, Buying Criteria, Market Growth Drivers, Drivers and Their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and Their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/packaging-market-india-2015-2019

Find all Packaging Reports at: http://www.marketresearchreports.com/packaging

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