India Food Packaging Market Size Likely to Grow at a CAGR of 9.93% By 2034

Market Size and Growth

The India Food Packaging Market size is forecast to grow at a CAGR of 9.93% from 2025 to 2034. The market is expected to reach USD 284.2 Billion by 2034, up from USD 110.23 Billion in 2025.

Overview

As per an industry expert at CMI, the India Food Packaging Market has commented on the India Food Packaging Market. Various factors, such as the rapidly expanding food & beverage industry, increasing investment in packaging innovations, and the growing E-commerce industry across India, are mainly driving the global AI in the medical diagnostic market.

Key Trends & Drivers

• Rising Population in India boosting the Demand for Processed Food: The growing population coupled with increasing demand for processed food across India due to the growing working population is expected to drive the demand for food packaging solutions. The changing consumer lifestyle and increasing inclination towards ready-to-eat are boosting the demand for processed food in the Indian market. These factors, coupled with an increasing urban population and busy work schedules, promote the consumption of RTE (ready-to-eat) meals and packaged foods. Increased urbanization, busy lifestyles, and rising disposable incomes are boosting the demand for convenient and ready-to-eat meals. This demographic and lifestyle shift, coupled with robust agricultural output and supportive government policies, creates significant potential for the country’s food processing industry to grow and even become a global leader in food manufacturing.

• Rapidly Expanding Food E-commerce Industry: The government of India and respective state governments are implementing the supportive government policies to boost the E-commerce sector. India’s food e-commerce sector is growing exponentially due to increasing investment by players such as Zepto, Swiggy’s Instamart, and Blinkit. Furthermore, many restaurants and cafes are starting their own E-commerce websites and food delivery applications, which in turn is boosting the demand for food packaging solutions.

• Growing Penetration of Ready-to-Eat Food products in the Tier 2 and Rural areas: The increasing trends of ready-to-eat food and takeaway orders in the small cities and rural areas due to the growing penetration of restaurants, cafes, and small-scale hotels in these cities and rural areas are expected to drive the demand for the packaging solutions. Furthermore, growing disposable income, increasing numbers of restaurants, increased access through retail and e-commerce, and changing lifestyles are demanding convenience.

Report Scope

SWOT Analysis

• Strengths: India has a well-established food & beverage industry, which is the main strength of this market. Furthermore, rising disposable income, increasing takeaway orders, increasing investment in the product innovations, and the presence of well-established value chains are mainly driving the market growth and providing the strength to the market. The growing emphasis by the government and consumers on the packaging solutions and packaging acts as a savior against the many contaminants, maintains food quality, reduces spoilage, and extends shelf life, which is essential for preventing losses during transit and storage.

• Weaknesses: The less awareness in the rural and distressed areas about packaging solutions and the lower income in the many underdeveloped states weaken the market momentum. The key players operating in the market face a regulatory burden from government authorities. Many plastic-derived food packaging materials are non-biodegradable and contribute significantly to landfill waste and ocean pollution. The production of packaging materials can consume large amounts of natural resources, including metals and trees. Over time, plastic packaging can degrade and release micro plastics into food and beverages, posing potential health risks. Additionally, rising cost of raw materials impede market growth.

• Opportunities: Various factors such as rising demand for convenience foods, increasing demand for edible packaging solutions, rapid technological advancements in packaging, and rising investment by the key players in sustainable raw materials are expected to create lucrative opportunities for the market during the forecast period. Furthermore, digital printing offers eye-catching visuals and cost-effective solutions, creating opportunities for the market during the forecast period. The rising e-commerce penetration across India, growth in the online grocery and food delivery applications, increasing trend of takeaway orders, developing innovative materials like bioplastics and edible packaging, and designing smart packaging with QR codes for consumer engagement are expected to create lucrative opportunities for the market during the forecast period.

• Threats: Lack of skilled expertise, inadequate infrastructure, especially in rural areas, overdependence on certain end users, fluctuations in the raw material prices, tariff wars, trade wars, less availability of the raw materials, and stringent regulations on the usage of the plastic-derived raw materials are some of the factors creating the threats for the market.

List of the prominent players in the India Food Packaging Market:

• Uflex Limited
• TCPL Packaging Limited
• EPL Limited
• Parekhplast India Limited
• Parksons Packaging Limited
• Piramal Glass Private Limited
• Haldyn Glass Limited
• Hindusthan National Glass & Industries Limited
• AGI Greenpac Limited
• Smufit WestRock_plc
• Pearl Polymers Ltd
• Manjushree Technopack Ltd
• Huhtamaki India Ltd
• Amcor Flexibles India
• Oji India Packaging Pvt Ltd
• ITC Packaging & Printing
• Deccan Cans & Printers Pvt Ltd
• Hindustan Tin Works Ltd
• Mold-Tek Packaging Ltd
• Hitech Corporation Ltd
• Others

The India Food Packaging Market is segmented as follows:

By Material

• Plastic
• Glass
• Paper & Paper Based Material
• Others

By Type

• Flexible
• Rigid
• Semi Rigid

By End User

• Bakery & Confectionery
• Dairy Product
• Fruits & Vegetables
• Meat & Seafood
• Sauces & Dressing
• E-commerce
• Others