India Rigid Plastic Packaging Market is projected to grow at CAGR of 10.8% to reach $ 14.4 billion by 2024 | TechSci Research

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India Rigid Plastic Packaging Market is projected to grow at CAGR of 10.8% to reach $ 14.4 billion by 2024 | TechSci Research

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India rigid plastic packaging market stood at around $ 7.7 billion in 2018 and is projected to grow at CAGR of 10.8% to reach $ 14.4 billion by 2024. Anticipated growth in the market can be attributed to robust growth in food and beverages industry which is the major end user of rigid plastic packaging. – PowerPoint PPT presentation

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Title: India Rigid Plastic Packaging Market is projected to grow at CAGR of 10.8% to reach $ 14.4 billion by 2024 | TechSci Research


1
2014 2024
INDIA RIGID PLASTIC PACKAGING MARKET BY RAW
MATERIAL, BY TYPE, BY PRODUCTION PROCESS, BY END
USE, COMPETITION, FORECAST OPPORTUNITIES
Published March 2019
www.techsciresearch.com
MARKET INTELLIGENCE . CONSULTING
2
  • Table of Contents

S. No. Contents Contents Contents
1. Product Overview Product Overview Product Overview
2. Research Methodology Research Methodology Research Methodology
3. Executive Summary Executive Summary Executive Summary
4. Voice of Customer/End User Analysis Voice of Customer/End User Analysis Voice of Customer/End User Analysis
4.1. Brand Awareness Brand Awareness
4.2. Brand Recall Brand Recall
4.3. Brand Satisfaction Brand Satisfaction
4.4. Major Influencing Factors while Selecting the Supplier Major Influencing Factors while Selecting the Supplier
4.5. Challenges Faced (Need-Gap Analysis) Challenges Faced (Need-Gap Analysis)
5. India Rigid Plastic Packaging Market Outlook India Rigid Plastic Packaging Market Outlook India Rigid Plastic Packaging Market Outlook
5.1. Market Size Forecast Market Size Forecast
5.1.1. By Value Volume
5.2. Market Share Forecast Market Share Forecast
5.2.1. By Raw Material (Polyethylene (PE) , Polyethylene Terephthalate (PET) , Polystyrene (PS), Polypropylene (PP), Expanded Polystyrene (EPS) and Others)
5.2.2. By Type (Bottles Jars, Rigid Bulk Products, Trays Tubs, and Others)
5.2.3. By Production Process (Injection Molding , Blow Molding, Rotomolding and Others)
5.2.4. By End Use (Food Beverages, Healthcare ,Cosmetics Toiletries, Industrial and Others)
5.2.5. By Region (West, South, East and North )
5.2.6. By Company
5.3. Market Attractiveness Index (Raw Material, Type and Region) Market Attractiveness Index (Raw Material, Type and Region)
6. West India Rigid Plastic Packaging Market Outlook West India Rigid Plastic Packaging Market Outlook West India Rigid Plastic Packaging Market Outlook
6.1. Market Size Forecast Market Size Forecast
6.1.1. By Value Volume
6.2. Market Share Forecast Market Share Forecast
6.2.1. By Raw Material (Polyethylene (PE) , Polyethylene Terephthalate (PET) , Polystyrene (PS), Polypropylene (PP), Expanded Polystyrene (EPS) and Others)
6.2.2. By Type (Bottles Jars, Rigid Bulk Products, Trays Tubs, and Others)
6.2.3. By Production Process (Injection Molding , Blow Molding, Rotomolding and Others)
6.2.4. By End Use (Food Beverages, Healthcare ,Cosmetics Toiletries , Industrial and Others)
3
  • Table of Contents

S. No. Contents Contents Contents
7. North India Rigid Plastic Packaging Market Outlook North India Rigid Plastic Packaging Market Outlook North India Rigid Plastic Packaging Market Outlook
7.1. Market Size Forecast Market Size Forecast
7.1.1. By Value Volume
7.2. Market Share Forecast Market Share Forecast
7.2.1. By Raw Material (Polyethylene (PE) , Polyethylene Terephthalate (PET) , Polystyrene (PS), Polypropylene (PP), Expanded Polystyrene (EPS) and Others)
7.2.2. By Type (Bottles Jars, Rigid Bulk Products, Trays Tubs and Others)
7.2.3. By Production Process (Injection Molding, Blow Molding, Rotomolding and Others)
7.2.4. By End Use (Food Beverages, Healthcare ,Cosmetics Toiletries , Industrial and Others)
8. South India Rigid Plastic Packaging Market Outlook South India Rigid Plastic Packaging Market Outlook South India Rigid Plastic Packaging Market Outlook
8.1. Market Size Forecast Market Size Forecast
8.1.1. By Value Volume
8.2. Market Share Forecast Market Share Forecast
8.2.1. By Raw Material (Polyethylene (PE) , Polyethylene Terephthalate (PET) , Polystyrene (PS), Polypropylene (PP), Expanded Polystyrene (EPS) and Others)
8.2.2. By Type (Bottles Jars, Rigid Bulk Products, Trays Tubs and Others)
8.2.3. By Production Process (Injection Molding, Blow Molding, Rotomolding and Others)
8.2.4. By End Use (Food Beverages, Healthcare ,Cosmetics Toiletries , Industrial and Others)
9. East India Rigid Plastic Packaging Market Outlook East India Rigid Plastic Packaging Market Outlook East India Rigid Plastic Packaging Market Outlook
9.1. Market Size Forecast Market Size Forecast
9.1.1. By Value Volume
9.2. Market Share Forecast Market Share Forecast
9.2.1. By Raw Material (Polyethylene (PE) , Polyethylene Terephthalate (PET) , Polystyrene (PS), Polypropylene (PP), Expanded Polystyrene (EPS) and Others)
9.2.2. By Type (Bottles Jars, Rigid Bulk Products, Trays Tubs and Others)
9.2.3. By Production Process (Injection Molding, Blow Molding, Rotomolding and Others)
9.2.4. By End Use (Food Beverages, Healthcare ,Cosmetics Toiletries , Industrial and Others)
4
  • Table of Contents

S. No. Contents Contents Contents
10. Market Dynamics Market Dynamics Market Dynamics
10.1. Impact Analysis Impact Analysis
10.2. Drivers Drivers
10.3. Challenges/Restraints Challenges/Restraints
11. Market Trends Developments Market Trends Developments Market Trends Developments
12. Policy and Regulatory Landscape Policy and Regulatory Landscape Policy and Regulatory Landscape
13. India Economic Profile India Economic Profile India Economic Profile
14. Competitive Landscape Competitive Landscape Competitive Landscape
14.1. Competition Outlook Competition Outlook
14.2. Company Profiles Company Profiles
14.2.1 Time Technoplast Ltd.
14.2.2 Manjushree Technopack Limited
14.2.3 Mold-Tek Packaging Limited
14.2.4 Pearl Polymers Limited
14.2.5 Hitech Corporation Limited
14.2.6 Amcor Rigid Plastics India Private Limited
14.2.7 Parekhplast India Limited
14.2.8 Conitex Sonoco India Private Limited
14.2.9 Essel Propack Limited
14.2.10 Sintex Plastics Technology Ltd.
15. Strategic Recommendations Strategic Recommendations Strategic Recommendations
16. About Us Disclaimer About Us Disclaimer About Us Disclaimer
5
  • Product Overview

Rigid plastic packaging, manufactured using
plastic material, has a robust and inflexible
characteristic shape or form. Rigid plastic
packaging possesses properties such as
lightweight nature, durability, etc., to keep the
goods inside the packaging safe for a longer
period of time. Rigid plastic packaging material
can be used in any packaging related application.
It majorly includes products such as cups,
bottles, pots, cans and closures. Its production
processes are also wide-ranging and are wholly
dependent on their areas of application. The
major production processes include rotomolding,
injection molding and blow molding. Rigid plastic
packaging is used in various industries such as
food beverages, healthcare, and cosmetics
toiletries, among others.
PRODUCTION PROCESS
RAW MATERIAL
  • Polyethylene (PE)
  • Polyethylene Terephthalate (PET)
  • Polypropylene (PP)
  • Polystyrene (PS)
  • Expandable Polystyrene (EPS)
  • Others (PVC, PC, PLA, Polymamide)
  • Rotomolding
  • Injection Molding
  • Blow Molding
  • Other (Thermoforming)

END USE
  • Food Beverages
  • Healthcare
  • Cosmetics Toiletries
  • Industrial
  • Others (Electronics)

6
  • Research Methodology

Market Profiling
Data Analysis
Data Collection
Data Validation
Developing List of Respondents
Formulating Questionnaire
In-depth secondary research was conducted to
determine top players in the India rigid plastic
packaging market, overall market size and
segmental market size.
The data was scrutinized using MS-Excel,
statistical tools and internal proprietary
database to obtain qualitative and quantitative
insights about the India rigid plastic packaging
market.
Data obtained as a result of primary and
secondary research was validated through rigorous
triangulation.
TechSci conducted interviews with industry
experts and industry players for data collection
and verification.
In order to conduct industry experts interviews,
TechSci formulated a detailed discussion guide.
List of industry players and industry specialists
was developed.
Primary Research
Desk Research
Company Analysis
  • Recent Developments
  • Market Changing Aspects/Dynamics
  • Government Policies
  • Final Conclusion
  • Market Participants
  • Key Strengths
  • Identifying Key Opinion Leaders
  • Questionnaire Design
  • In-depth Interviews

7
  • Research Methodology
  • Baseline Methodology
  • Our dedicated team of industry experts has
    monitored and analyzed various aspects of India
    rigid plastic packaging market. The team has
    analyzed the outlook of various segments of this
    market, while considering the major influencing
    factors such as healthy growth in the food and
    beverage industry, growing demand from paint
    pigment industry, rising consumer preferences for
    convenient packaging methods, etc., and
    speculated a positive growth scenario over the
    next 5 years. The study includes market
    forecasting, which would enable our clients to
    take better decisions while planning their
    strategy to achieve sustainability in India rigid
    plastic packaging market.
  • Methodology Followed for Calculation of Market
    Size
  • Market Size by Value Market size, in terms of
    value, for the year 2018 was calculated based on
    information collected through exhaustive
    secondary research and primary surveys, with
    various key opinion leaders/stakeholders, such as
    rigid plastic packaging companies, channel
    partners, end users, industry experts, and other
    industry participants.
  • The team interviewed more than 40 50 rigid
    plastic packaging companies, 20 raw material
    suppliers, 180 200 end users, and 15 20
    Industry experts and other value chain
    stakeholders in India rigid plastic packaging
    market to obtain the overall market size from
    2014-2018, which was validated by the Delphi
    technique. Taking standard deviation into
    consideration, the market size was averaged out,
    to arrive at the market size data from 2014-2018.

8
  • Research Methodology
  • Respondents were asked about the current and
    future market growth rates, market shares by raw
    material, by type and by region. Removing the
    outlier responses, the geometric mean of growth
    estimates and supplier wise revenue shares
    generated across various segments were
    considered, to arrive at the final revenue
    shares. Revenue shares generated across various
    segments were further triangulated from other
    stakeholders depending upon the type of rigid
    plastic packaging market.
  • Methodology Followed for Calculation of Market
    Shares
  • Market shares by raw material, by type, by
    production process, by end use, by region and by
    company were calculated based on the responses
    received through primary surveys with industry
    experts, in which the respondents were asked
    about the market shares or revenue generated from
    various product applications and end users. The
    final shares were calculated by taking the
    geometric mean of the responses gathered from key
    opinion leaders after eliminating the outliers.
  • Methodology Followed for Forecasting
  • TechSci Research performed periodical checks on
    data collected through the surveys with logic
    checks and analyzed the survey results in
    SPSS/Tableau Software.
  • Data triangulation techniques were applied to
    fill the gaps and to present a more meaningful
    picture of the market. To forecast India rigid
    plastic packaging market, TechSci Research used
    various forecast techniques such as
  • Moving Average
  • Time Series Analysis
  • Regression Analysis
  • Econometric and Judgmental Analysis

9
  • Research Methodology

TechSci Research used its own forecast tool,
which is based on the growth of various allied
industries in respective regions. TechSci
Research also used the impact analysis during
short, medium and long term period to estimate
the demand and to reach accurate market numbers.
It should be noted that the figures compiled are
for the organized and unorganized market
including market share data.
Partial List of Companies Interviewed Key Secondary Sources
Amcor Rigid Plastics India Private Limited Mold-Tek Packaging Limited Pearl Polymers Limited Time Technoplast Ltd. Parekhplast India Limited Conitex Sonoco India Private Limited Essel Propack Limited Sintex Plastics Technology Ltd. Majnushree Technopack Ltd. Co. HiTech Group Packone Solutions LLP Neelkanth Polymers Krishna Plastic Packing Material AS Food Packaging Bhagyalaxmi Industries Ministry of Statistics and Programme Implementation Ministry of Corporate Affairs Federation of Indian Chambers of Commerce Industry International Monetary Fund World Bank TechSci Research Proprietary Database Knowledge Repository Company Annual Reports Industry Magazines Industry Reports News Dailies
10
  • Industry Brief

According to TechSci Research report, India
Rigid Plastic Packaging Market By Raw Material,
By Type, By Production Process, By End Use,
Competition Forecast Opportunities, 2024,
India rigid plastic packaging market is forecast
to reach 14.4 billion by 2024, owing to the
accelerating demand from food and beverage
industry and rising consumer preference for
convenient packaging. Rigid plastic packaging is
majorly used in food beverage industry to
increase the shelf life of food product and
maintain hygiene. Healthcare industry also
generates a fair share of demand for rigid
plastic packaging for various medical devices,
syrup bottles, caps, etc. Rigid plastic
packaging has properties such as moisture
resistance, tamper proof, light and chemical
resistance, etc., owing to which it becomes a
preferable choice in healthcare sector.
Regionally, western region of India is the major
demand generator for rigid plastic packaging
owing to rapid expansion of end users in states
such as Maharashtra and Gujarat. The region is
hub for chemical, lubricants and pharmaceutical
industries, which generate huge demand for rigid
plastic packaging. Polyethylene (PE) accounts
for the majority share in India rigid plastic
packaging owing to the lowest softening point of
the basic packaging plastics which results in
lower processing energy costs, thereby making it
a more cost-effective packaging solution as
compared to PET, bioplastics and other raw
materials. Moreover, PE has greater heat
stability and toughness, thus it is extensively
used to make food containers, rigid bulk
products, etc. Among production processes, blow
molding technique has a substantial share in
India rigid plastic packaging market as it is the
most widely used process to make PET bottles,
cups, jars, etc., and allows quick manufacturing
and high volume outputs Many companies are
expanding their production facilities across
India. For instance, Manjushree Technopack
inaugurated a new green field facility in
Guwahati, Assam, to expand its rigid plastic
market in Northeast India. The expansion
increased the companys combined capacity to
155,000 tons. Additionally, Hi-Tech Corporation
inaugurated a new manufacturing facility in
Rohtak, Haryana, to boost its production and
match the growing demand for rigid plastic
packaging. The company also announced setting up
of a new manufacturing facility in Mysuru,
Karnataka, and Vishakhapatnam, Andhra Pradesh
scheduled to be completed by 2020. Such
developments would steer growth in India rigid
plastic packaging market during forecast period.
said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global
management consulting firm.
11
  • Sample Data - Snapshot

Figure 13 India Cosmetics Market Size, By Value
(USD Billion), 2017 2025F
India Rigid Plastic Packaging Market Share, By
Raw Material, By Value, 2018
Figure 8 India Rigid Plastic Packaging Market
Share, By Company, By Value, 2018
Figure 38 India Paint Pigment Industry Market
Size, By Value, 2015-2018 (USD Million)
12
  • Report Ordering

Report Name INDIA RIGID PLASTIC PACKAGING
MARKET BY RAW MATERIAL, BY TYPE, BY PRODUCTION
PROCESS, BY END USE, COMPETITION, FORECAST
OPPORTUNITIES 2014 2024
Report Price
License Type Price
Single- User License 2950
Multi- User License 3750
Custom User License 7500
To View Sample OR Purchase Report
13
About Us Disclaimer
TechSci Research is a global market research and
consulting company with offices in the US, UK and
India. TechSci Research provides market research
reports in a number of areas to organizations.
The company uses innovative business models that
focus on improving productivity, while ensuring
creation of high-quality reports. The proprietary
forecasting models use various analyses of both
industry-specific and macroeconomic variables on
a state-by-state basis to produce a unique
bottom-up model of a country, regional and
global industry prospects. Combined with the
detailed analysis of company activity and
industry trends, the result is a uniquely rich
evaluation of the opportunities available in the
market.
Partial List of Clients
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