Packaging fulfills the diverse role from protecting products, preventing spoilage, contamination, extending shelf life, ensuring safe storage thereby helping to make them readily available to consumers. India is one of the largest producers of commodities like food grains, sugar, milk, fruits, vegetables, pulses, tea and many other commodities. Plastics have emerged as the most preferred choice of packaging material for various products - from food, beverages, chemicals, electronic items and so on.

The report begins with the introduction section which offers a brief insight into the types of packaging done in India by way of function, way of packaging and type of packaging material used followed by the introduction into plastic packaging and the various types of plastics used for packaging. The market overview section provides an insight into the Indian packaging market and then moves on to the plastic packaging market, highlighting the market size and growth. Market segmentation of overall packaging market is also shown.

An analysis of the drivers explains the factors for growth of the plastic packaging industry. Demand for plastic packaging is expected to increase with the growth of retail sector and rising consumerism. Growing packaged food and beverage sector generates huge demand for plastic packaging segment. Demand from the FMCG and Pharmaceutical sector plays a key role in the growth of the market. Application of plastic packaging in paint and lubricant industry will add to the increasing use of plastic packaging. Under penetrated market provides significant opportunity for further growth. Changing lifestyle influencing the consumption pattern has positive impact on the plastic packaging segment. Contribution of rural sector coupled with logistics advantage will lead to strong growth in the market.

Companies Mentioned:

List of Public Companies

- BASF India Ltd.

- Essel Propack Ltd.

- Ester Industries Ltd.

- Jindal Poly Films Ltd.

- Manjushree Technopack Ltd.

- MoldTek Packaging Ltd.

- Nilkamal Ltd.

- Uflex Ltd.

List of Private Companies

- APT Packaging Ltd.

- Clear Mipak Packaging Solutions Ltd.

- Graham Blow Pack Private Ltd.

- Hidkari Industries Ltd.

- Parksons Packaging Ltd.

For more information visit http://www.researchandmarkets.com/research/q2drkb/plastic_packaging