India Rigid Plastic Packaging Market By Raw Material (PE, PET, PP, PS, EPS, and others (PC, PL, PVC)), By Type (Bottles & Jars, Rigid Bulk Products, Trays & Tubs, and others (Cups, Pots), etc), By End User (Blow Molding, Injection Molding, Rotomolding, and others (Thermoforming, Extrusion etc.)), By Region, Competition Forecast & Opportunity, 2027F

India rigid plastic packaging market is expected to reach USD18.02 billion by 2027F, growing at a CAGR of 8.01% during the forecast period. India rigid plastic packaging market is mainly driven by rising GDP, increasing per capita income, surging sales through e-commerce, changing consumer perception, etc.

Rigid packaging and flexible packaging are the two main types of packaging. Traditional packaging types such as glass bottles and jars, cartons, and metal cans have been largely replaced by the rigid plastic packaging industry. For a variety of reasons, rigid plastic packaging is frequently preferred over traditional pack types, including lighter weight, lower comparative cost, design flexibility, and ease of recycling.

The market's expected growth can be attributed to the strong growth of the food and beverage industry, which is the primary end-user of rigid plastic packaging. In the food and beverage industry, rigid plastic packaging is in high demand to ensure food safety and shelf life. In addition, due to rising healthcare spending, the healthcare industry, which is another major end-user of rigid plastic packaging, has seen strong growth in the last decade. Moisture resistance, tamper-proof caps, light and chemical resistance, and other properties of rigid plastic packaging are gaining traction in the healthcare sector.

For a brief period during the COVID-19 pandemic, the production and manufacturing of plastics, primarily for the cosmetics, paint and coatings industry and other industries, was devastated. As a result, many producers were forced to shut down their operations. As a result of the lockdown, both demand and supply in the rigid plastic market declined significantly, negatively impacting market growth in a short period.

Pharmaceutical Packaging Drives the Market Growth
The Indian pharmaceutical market is growing at a double-digit rate. Pharmaceutical packaging is becoming an increasingly important component of the drug delivery system. Pharmaceutical companies are increasingly relying on packaging and labeling as a means of protecting and promoting their products, as well as increasing patient compliance and complying with new regulations. Plastics have also become increasingly important in pharmaceutical packaging due to properties such as moisture barrier, high dimensional stability, high impact strength, resistance to strain, low water absorption, transparency, heat and flame resistance, and so on.

Rising Standards of Packaging is Fueling the Market Growth
India is becoming more of a manufacturing hub, and its exports are increasing as well. To cater to the international market, packaging standards are being raised, which necessitates the use of better packaging methods such as blow molding, injection molding, rotomolding, and others (thermoforming, extrusion, etc.) as well as materials such as PE, PET, PP, PS, EPS, and others (PC, PL, PVC) and machinery to ensure that the end product quality and visual appeal are of the highest standard.

Increasing Innovations in Packaging Market Growth
Plastics can be made re-sealable, reusable, and moslded into desired shapes, rigid packs, and innovative designs, for example, resulting in consumer-friendly packaging that is easy to handle, dispose of, and store. New flexible packaging products, such as vacuum pouches, high-temperature retort pouches, and stand-up pouches, may cause packaging trends to shift.

Download Free Sample Report

Market Segmentation
The India rigid plastic packaging market is segmented based on raw material, type, production process, end user, region, and competitional landscape. Based on raw material, the market is categorized by PE, PET, PP, PS, EPS, and others (PC, PL, PVC). Based on type, the market is further fragmented into Bottles & Jars, Rigid Bulk Products, Trays & Tubs, and others (Cups, Pots) etc. Based on end user, the market is segmented into Blow Molding, Injection Molding, Rotomolding, and others (Thermoforming, Extrusion, etc.). The market analysis also studies the regional segmentation to devise regional market segmentation, divided among west, north, south, and east regions.

Company Profiles
Time Technoplast Ltd., Manjushree Technopack Limited, Mold-Tek Packaging Limited, Hitech Corporation Limited, Amcor Rigid Plastics India Private Limited, Pearl Polymers Limited, Parekhplast India Limited, EPL Limited, Sintex Plastics Technology Limited, and Conitex Sonoco India Private Limited, and others, are among the major market players in the plastic packaging industry that led the market growth of the India rigid plastic packaging market.

Report Scope:

In this report, India Rigid Plastic Packaging market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• India Rigid Plastic Packaging Market, By Raw Material:
• PE 
• PET
• PP
• PS
• EPS
• Others (PC, PL, PVC)
• India Rigid Plastic Packaging Market, By Type:
• Bottles & Jars
• Rigid Bulk Products
• Trays & Tubs
• Others (Cups, Pots) etc.
• India Rigid Plastic Packaging Market, By Production Process:
• Blow Molding
• Injection Molding
• Rotomolding
• Others (Thermoforming, Extrusion etc.)
• India Rigid Plastic Packaging Market, By End User:
• Food and Beverage
• Healthcare
• Cosmetics & Toiletries
• Industrial
• Others (Paints & Coatings, Electronics & Appliances, etc.)
• India Rigid Plastic Packaging Market, By Region:
• West
• North
• South
• East 

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India Rigid Plastic Packaging market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).