The India Liquid Packaging Market witnessed a Y-o-Y growth of 19% in FY’22 driven by pent-up demand in the post-COVID era: Ken Research

  • Due to pent-up demand in the post-COVID era in the end user sectors, the liquid packaging industry also witnessed a steep Y-o-Y growth of double digit in FY 22.
  • Between FY’18 and FY’22 the share of glass has dropped with metals and tetra pak finding more usage among major clients.
  • The market witnessed a paradigm shift from glass to other materials particularly metal and tetra pak.

Shift in the Trend: Customer Preference is shifting from glass packaging to Tetra pack packaging and is expected to shift further in forthcoming years. In retailing, as trends like drone delivery come into being, Tetra Pak will hold an advantage over glass and tin packaging as Tetra Pak is lighter. The shift expected is probably due to Co2 emission at the production stage: Tetra Pak cartons are the winner, followed by plastic, then aluminum, and then glass is the worst.

Declining Market Share of HNG: HNG was the market leader at one time. However, its market share has been declining for three consecutive year and is expected to decline further in forthcoming years. Strategy to follow an aggressive growth plan which would act as a catalyst in doubling its existing capacity adopted by HNG probably didn’t work in favor.

The report titled Market Study on India Liquid Packaging Market-Characterized by leading players expanding their production capacities aggressively in the past few years”, provides an exhaustive analysis of the liquid packaging market in India. It is expected that in retailing, as trends like drone delivery come into being, Tetra Pak will hold an advantage over glass and tin packaging as their packaging is lighter. The market is expected to witness enhancing use of Tetra Pak over long term as well as it is also one of the fastest growing packaging segments. The liquid packaging market has shown a positive CAGR of 7% for period 2018-2022P.

india-liquid-packaging-market

Key Segments Covered in the report:-

India Liquid Packaging Market:

Ecosystem

Supply Side

Demand Side

Supply Side (by Material Type)

Glass

Plastics

Metals

Tetra Pak

Others

Demand Side

Pharma

F&B

Personal Care

Household Care

Others

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Market Size

Revenue

Volume

Market Segmentation by Material Type on the basis of Revenue as well as volume

Glass

Plastics

Metals

Tetra Pak

Others

Market Share of Liquid Packaging (FY’18-FY’22)

Total Revenue (in INR Cr)

Total Volume (in ‘000 MTPA)

Domestic Revenue (in INR Cr)

Domestic Volume (in ‘000 MTPA)

Market Share of Glass Packaging (FY’18-FY’22)

Total Revenue (in INR Cr)

Total Volume (in ‘000 MTPA)

Domestic Revenue (in INR Cr)

Domestic Volume (in ‘000 MTPA)

Competitive Assessment

Liquid Packaging

Glass Packaging

Import Scenario

Value

Volume

Market Dynamics

Liquid Packaging

Glass Packaging

Key Target Audience

Liquid Packaging companies

Pharmaceutical companies

F&B companies

Personal Care companies

Time Period Captured in the Report:-

FY’2018-FY’2022

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Companies Covered:-

Uflex

Tinplate

Essel

Tetra Pak

Huhtamaki

PGP Glass

HNG

AGI Greenpac

Canpack

Firozabad Cluster

Manjushree

Alpla

Mold Tek

Hitech Group

Schott Poonawalla

Empire Industries

Pragati glass Pvt. Ltd.

Vitrum

Mitsu

Key Topics Covered in the Report

India Liquid Packaging Market Overview

Market Ecosystem of Liquid Packaging Market- Supply Side

Market Ecosystem of Liquid Packaging Market- Demand Side

Market Size by Revenue of Liquid Packaging Market in India

Market Size by Volume of Liquid Packaging Market in India

Market Segmentation by Material Type basis Revenue

Market Segmentation by Material Type basis Volume

Market Share of major players in Liquid Packaging by Total Revenue

Market Share of major players in Liquid Packaging by Total Volume

Market Share of major players in Glass Packaging by Total Revenue

Market Share of major players in Glass Packaging by Total Volume

Market Share of major players in Liquid Packaging by Domestic Revenue

Market Share of major players in Liquid Packaging by Domestic Volume

Market Share of major players in Glass Packaging by Domestic Revenue

Market Share of major players in Glass Packaging by Domestic Volume

Competitive Assessment of Liquid Packaging

Competitive Assessment of Glass Packaging

Import Scenario on the basis of Value

Import Scenario on the basis of Volume

Porter’s Five Force Analysis of Glass Packaging Segment

Market Dynamics of Liquid Packaging

Market Dynamics of Glass Packaging

The Future of Liquid Packaging

Case Study of same liquid being packaged in glass and other packaging materials

For more insights on the market intelligence, refer to the link below:-

India Liquid Packaging Market

Related Reports By Ken Research:-

USA E-Commerce Logistics Market Outlook to 2026

Singapore Cold Chain Market Outlook to 2026F

KSA E-Commerce Logistics and Warehouse Market Outlook to 2026F

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