The Market for Rigid Plastic Packaging in India (for Consumer Markets)

Posted By Team MCG On

 

The market for rigid plastic packaging in India has grown well in the recent years and stood at about INR 184 billion equating to a volume of 1.6 million tonnes in 2015-16. The market is expected to grow at an annual growth of around 13.5% during the next five years. Northern region is by far the largest market for rigid plastics packaging and accounts for a share of 35%, followed by West at 32%.

Rigid plastic packaging products used for consumer packaging applications include bottles, jars, cups, tubs & pots, trays, tubes and pails. The term rigid plastic container in this report may refer to any of these packaging products, though in most of the cases, it refers to bottles and jars. Polyethylene terephthalate (PET), high-density polyethylene (HDPE) and polypropylene (PP) are the commonly used polymers for the manufacture of rigid containers. Low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE), polystyrene (PS) and polyvinyl chloride (PVC) are other polymers used in the Indian context.

PET bottles are the material of choice for beverage packaging applications while HDPE bottles are in good demand in food sector like dairy and cooking medium and in non-food sectors like hair care, skin care and pharmaceutical products. PP bottles and jars are mainly used for malted milk food, talcum powder, personal care and pharmaceutical products.

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Key players in the rigid plastic packaging sector include ALPLA India, Manjushree Technopack, HitechPlast, AVI Global Plast, Bloom Packaging, Garden Polymers, Graham Blow Pack, Gerresheimer, Himalayan Group, Mold-tek Packaging, Pearl Polymers, Rexam Pharma, S.D International, Sunrise Containers and Weener Empire Plastics.