Friday, 9 December 2022

India Liquid Packaging Market has grown at a CAGR of 7% over the last five years: Ken Research

Market is characterized by leading players expanding their production capacities aggressively in the past few years.

The biggest segment of liquid packaging market in revenue terms is flexible packaging market, i.e., Tetra Pak, which is also one of the fastest growing packaging segments. The end user market, which drives the demand for liquid packaging market include firms from F&B, Pharma, Liquor, Personal Care, Household Care and Industrial sector. The glass segment includes major manufacturer for pharma, liquor and F&B segment and the share of this segment in the liquid packaging market has been dwindling in the recent years.

Recycling rate of glass packaging in India is at double digit percentage. Almost all households in India dump their waste in a single bin instead of segregating glass, metal, paper wastes and hence all these end up in landfills thereby making it difficult to get glass cullets. Ragpickers in India picks up a bottle of glass and a bottle of plastic, the bottle of glass is around 400gm; the bottle of plastic is around 40gm. So, the economics of rag-picking or economics of recyclability doesn’t favor glass.

SIG, a leading systems and solutions provider for aseptic packaging, announced its entry into the Indian market, with Kandhari Beverage being the first SIG customer. Mitsu Chem Plast to diversify portfolio by entering pails for packaging segment to cater to lubricant, paints, ink and the food (FMCG) industry.

Cases of same liquid being packaged in glass and other packaging materials are observed. Alcoholic beverages, which traditionally relied on glass packaging are slowly moving to PET and tetra packs because of convenience and sustainability reasonsTetra Pak emerging as preferred packaging for alcohol in Karnataka. After states like Karnataka, Andhra Pradesh and Maharashtra, Delhi has also started selling liquors in tetra packs.

The report titled “Market Study on India Liquid Packaging Market- Characterized by leading players expanding their production capacities aggressively in the past few years”, provides an exhaustive analysis of the liquid packaging market in India. It is expected that in retailing, as trends like drone delivery come into being, Tetra Pak will hold an advantage over glass and tin packaging as their packaging is lighter. In terms of Co2 emission at the production stage, Tetra Pak cartons are the winner, followed by plastic, then aluminum, and then glass is the worst. The market is expected to witness enhancing use of Tetra Pak over long term as well as it is also one of the fastest growing packaging segments. The liquid packaging market has shown a positive CAGR of 7% for period 2018-2022P.

Key Segments Covered in the report:-

India Liquid Packaging Market:

Ecosystem 

Supply Side

Demand Side

Supply Side (by Material Type)

Glass

Plastics

Metals

Tetra Pak

Others

Demand Side

Pharma

F&B

Personal Care

Household Care

Others

Request For Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MjAw

Market Size

Revenue 

Volume 

Market Segmentation by Material Type on the basis of Revenue as well as volume

Glass

Plastics

Metals

Tetra Pak

Others

Market Share of Liquid Packaging (FY’18-FY’22)

Total Revenue (in INR Cr)

Total Volume (in ‘000 MTPA)

Domestic Revenue (in INR Cr)

Domestic Volume (in ‘000 MTPA)

Market Share of Glass Packaging (FY’18-FY’22)

Total Revenue (in INR Cr)

Total Volume (in ‘000 MTPA)

Domestic Revenue (in INR Cr)

Domestic Volume (in ‘000 MTPA)

Competitive Assessment

Liquid Packaging

Glass Packaging 

Import Scenario

Value

Volume

Market Dynamics

Liquid Packaging 

Glass Packaging

Key Target Audience

Liquid Packaging companies

Pharmaceutical companies

F&B companies

Personal Care companies

Time Period Captured in the Report:-

FY’2018-FY’2022

Ask For Customization @ https://www.kenresearch.com/ask-customization.php?Frmdetails=NTk2MjAw

Companies Covered:-

Uflex

Tinplate

Essel

Tetra Pak

Huhtamaki

PGP Glass

HNG

AGI Greenpac

Canpack 

Firozabad Cluster

Manjushree

Alpla

Mold Tek

Hitech Group

Schott Poonawalla

Empire Industries

Pragati glass Pvt. Ltd. 

Vitrum

Mitsu

Key Topics Covered in the Report

India Liquid Packaging Market Overview

Market Ecosystem of Liquid Packaging Market- Supply Side 

Market Ecosystem of Liquid Packaging Market- Demand Side 

Market Size by Revenue of Liquid Packaging Market in India 

Market Size by Volume of Liquid Packaging Market in India

Market Segmentation by Material Type basis Revenue 

Market Segmentation by Material Type basis Volume

Market Share of major players in Liquid Packaging by Total Revenue

Market Share of major players in Liquid Packaging by Total Volume

Market Share of major players in Glass Packaging by Total Revenue 

Market Share of major players in Glass Packaging by Total Volume

Market Share of major players in Liquid Packaging by Domestic Revenue

Market Share of major players in Liquid Packaging by Domestic Volume

Market Share of major players in Glass Packaging by Domestic Revenue 

Market Share of major players in Glass Packaging by Domestic Volume

Competitive Assessment of Liquid Packaging

Competitive Assessment of Glass Packaging

Import Scenario on the basis of Value

Import Scenario on the basis of Volume

Porter’s Five Force Analysis of Glass Packaging Segment

Market Dynamics of Liquid Packaging

Market Dynamics of Glass Packaging

The Future of Liquid Packaging

Case Study of same liquid being packaged in glass and other packaging materials

For more insights on the market intelligence, refer to the link below:-

India Liquid Packaging Market

Related Reports By Ken Research:-

USA E-Commerce Logistics Market Outlook to 2026

Singapore Cold Chain Market Outlook to 2026F

KSA E-Commerce Logistics and Warehouse Market Outlook to 2026F

No comments:

Post a Comment