Printing & Packaging

The print industry in India had an estimated value of over 225 billion rupees in 2021 and is expected to exceed 250 billion rupees by 2024, with a compound annual growth rate of around 3%. The packaging industry is also significant and plays a crucial role in international trade. Packaging can be classified based on its usage, such as primary, secondary, tertiary, and ancillary packaging, as well as by the types of materials used, such as plastic, paper, paperboard, glass, and metals. Packaging is used across various end-user sectors in a wide range of industries, such as food and beverage, healthcare, and cosmetics. The Indian packaging market is forecasted to have a compound annual growth rate (CAGR) of 12.60% during the forecast period (2022-2027).