IMARC Group has recently released a new research study titled “India Green Packaging Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
What is the growth Rate (CAGR) of the India green packaging market?
The India green packaging market is expected to exhibit a growth rate (CAGR) of 7.24% during 2023-2028.
Insights Surrounding the Green Packaging Industry in India:
Green packaging, also known as eco-friendly packaging or sustainable packaging, refers to packaging designs that have low impact on the environment. They accomplish this by reducing the packaging waste produced and using sustainable materials, such as recyclable or biodegradable packaging elements, along with the usage of renewable energy during production. Plant-based plastics, recycled paper, and re-used polyethylene (PE) bags are some of the common materials used for producing green packaging.
Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/india-green-packaging-market/requestsample
Opportunities in the Green Packaging Market in India:
The increasing awareness among consumers about environmental conservation is driving the market growth across India. Furthermore, the growing initiatives by the Government of India (GOI) toward the protection of human health and the environment is expected to promote the market growth.
For instance, GOI has imposed a prohibition on single-use plastics to challenge rapidly rising levels of plastic pollution in the country. This has led to an increased adoption of green packaging in several industries, like healthcare, and food and beverages. The continuous economic development, along with rapid urbanization in the country, has encouraged the usage of advanced packaging technologies, which is further expected to propel the market growth.
Apart from this, the increasing focus of manufacturers on the development of sustainable packaging solutions like Ecoware is projected to enhance the market growth in the country.
India Green Packaging Market 2023-2028 Competitive Analysis and Segmentation:
India Green Packaging Market Segmentation:
Based on Packaging Type:
Recycled Content Packaging
Based on End Use Industry:
Personal Care Industry
West and Central India
Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=4034&flag=C
Key Highlights of the Report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Follow us on Twitter: @imarcglobal
Read Newsletter: https://www.linkedin.com/newsletters/industry-news-about-6929400456628637696