Market Share of India Food & Beverage Packaging Industry
The food packaging industry in India is fragmented due to the numerous businesses vying to increase their shares. Some major players in the market include Parekhplast India Limited, Essel Propack Limited, Pearl Polymers Ltd, TCPL Packaging Ltd, and UFlex Ltd. Companies are expanding their footprints across numerous end-user markets to increase their market presence.
- April 2024: Chemco Group, a player in the packaging industry, showcased its leadership by introducing an innovative stretch film line. This technology boasts an annual production capacity exceeding 1,000 tons, empowering businesses to meet rising demands without compromising quality. The debut of this line underscored Chemco Group's dedication to excellence, ensuring businesses have the operational efficiency and reliability they seek.
- March 2024: SIG, a Swiss packaging company, unveiled plans for a phased investment in its Ahmedabad plant. The first phase aims to boost production to 4 billion packs annually, with subsequent phases set to elevate this figure to 10 billion. In line with the UN Sustainable Development Goals, SIG is targeting net-zero greenhouse gas emissions by 2050.
India Food & Beverage Packaging Market Leaders
-
Parekhplast India Limited
-
Essel Propack Limited
-
Pearl Polymers Ltd
-
TCPL Packaging Ltd
-
UFlex Ltd
*Disclaimer: Major Players sorted in no particular order
