Paper & Packaging

Packaging is currently the 5th largest sector of Indian economy and is projected to grow at a compound annual growth rate (CAGR) of 26.7% to reach US$ 204.81 billion by 2025.

Advantage India

Robust
Demand

*The nation's increasing focus on food safety and quality is projected to fuel the food processing sector, which will increase demand for packaging.

* The India Packaging Market was estimated to be worth US$ 50.5 billion in 2019 and is projected to grow at a Compound Annual Growth Rate (CAGR) of 26.7% to reach US$ 204.81 billion by 2025.

*India continues to lead the global paper market, with domestic consumption of packaging paper and paperboard growing at 8.2% in 2023-24.

Innovation Towards
Sustainability

*The Council of Scientific and Industrial Research (CSIR) has launched the National Mission on Sustainable Packaging Solutions, aiming for a net-zero future through innovation. Led by CSIR-NIIST, the initiative focuses on developing sustainable materials, recycling methods, and advanced testing facilities to enhance India's packaging sector and address environmental challenges.

Increasing
Investments

*SIG, a Swiss based packaging company, laid the foundation of first aseptic carton packs in Ahmedabad in 2023 and plan to invent a sum of Rs. 880 crores over the period of 2023-2025.

*FDI inflows in the Paper and Pulp (including paper products) during April 2000 to September 2024 was Rs. 15,121 crore (US$ 1.74 billion).

Policy
Support

*Initiatives like "Make in India" and GST reforms are bolstering the demand for advanced packaging infrastructure, creating a more conducive environment for both domestic and international players.

*As the packaging industry stands as the fifth largest industry in India, the government plans to adopt several initiatives that focus on the sustainability manufacturing methods, minimizing of plastic packaging and adoption of sustainable material for the packaging industry.

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Last updated: Apr, 2025

Uflex ltd

UFlex is India’s largest multinational flexible packaging and solutions company. Over the last three decades, the company has earned an irreproachable reputation by defining the contours of the packaging industry in India and overseas. As a leading name among packaging solutions companies, the company assists customers by offering world-class packaging solutions that preserve freshness and extend shelf-life of food and other packed products. The company is recognized as a pre-eminent player amongst flexible packaging companies in India. Since our inception in 1985, the company has turned into a multi-billion company by focusing on trust, value creation for customers, quality innovation and customer satisfaction.

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TCPL Packaging Ltd

TCPL Packaging is one of India’s largest manufacturers of folding cartons, and India’s largest standalone converter of paperboard. It manufactures folding cartons, printed blanks and outers, litho-lamination, plastic cartons, blister packs and shelf-ready packaging. The company also exports its products. It serves tobacco, FMCG, food and beverage, liquor, pharmaceuticals, consumer electronics, and other consumer goods industries. The company was formerly known as Twenty-First Century Printers Ltd.

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JK Paper LTD

JK Paper Provides Sustainable Paper Solutions for your needs. It produces Paper via Social Farm Forestry without harming a single natural forest tree. Paper-based solutions are 100% bio-degradable and recyclable which provide customers a choice of switching to a sustainable future. It has a worldwide footprint with customers in over 60 countries covering the USA, Middle East, Europe, South-East Asia, and Africa. In India, the company provides services to our customers through an extensive distribution network of over 350 trade partners, 4,000 dealers, 15 depots & 4 regional marketing offices. From being the pioneer of branded Paper in India, the company today is a leading Sustainable Paper Product Solutions Provider.

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