India Paper Packaging Companies (2024 - 2029)

India Paper Packaging Market Companies Summary

The Indian paper packaging market is characterized by a high level of competition due to the presence of numerous entities with low profitability. This intense rivalry is projected to persist throughout the forecast period. Several key market vendors in the region have been identified, spanning a range of specialties. Notable activities include acquisitions and strategic moves to expand capabilities and market reach. For instance, one company recently acquired a folding carton player with strong competencies in fluted packaging, thereby broadening its manufacturing footprint. In another significant move, a firm purchased a majority equity stake in a private offset printing company. This acquisition allowed the company to enter the high-potential rigid box market, specifically targeting the rapidly growing smartphone sector. The purchased company's manufacturing facility is strategically located in a significant upcoming mobile manufacturing hub, further enhancing the parent company's market position.