
Study Period | 2019 - 2030 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2030 |
Market Size (2025) | USD 19.07 Billion |
Market Size (2030) | USD 46.43 Billion |
CAGR (2025 - 2030) | 19.48 % |
Market Concentration | Low |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
India Paper Packaging Market Analysis
The India Paper Packaging Market size is estimated at USD 19.07 billion in 2025, and is expected to reach USD 46.43 billion by 2030, at a CAGR of 19.48% during the forecast period (2025-2030).
The Indian paper packaging industry is undergoing a significant transformation driven by shifting consumer preferences and regulatory reforms promoting sustainable practices. According to a 2023 survey conducted by Inshorts on World Paper Bag Day, 80% of respondents in India expressed their desire for the complete replacement of plastic bags with paper packaging solutions in all stores, highlighting the growing consumer consciousness towards sustainable packaging solutions. The industry's robust infrastructure currently employs over 700,000 people across the country, demonstrating its significant contribution to the manufacturing sector. The Central Pollution Control Board's initiatives to restrict single-use plastic products have further accelerated the adoption of paper-based packaging solutions, particularly in organized retail and commercial sectors.
The manufacturing landscape is witnessing substantial investments and technological advancements to meet evolving market demands. In 2021, the Department for Promotion of Industry and Internal Trade reported an investment value of INR 28 billion in the size of the paper industry market in India, indicating strong confidence in the industry's growth potential. Notable developments include the establishment of new manufacturing facilities, such as SIG's new plant in Palghar in April 2023, which focuses on producing innovative packaging solutions, including bag-in-box and spouted pouch packaging. The industry is also experiencing significant consolidation, as evidenced by Parksons Packaging's acquisition of MK Printpack in March 2023, strengthening its position in the folding carton segment.
Technology integration and digital transformation are reshaping the industry's operational landscape. In March 2023, the launch of Rewynd, a packaging e-commerce studio, introduced low MOQ custom packaging solutions, demonstrating the industry's adaptation to digital commerce trends. Companies are increasingly investing in automated manufacturing processes, sustainable material development, and advanced printing technologies to enhance production efficiency and meet evolving customer requirements. The integration of artificial intelligence and machine learning in paper packaging has successfully reduced packaging waste, minimized shipment damage, and optimized shipping costs.
The industry's infrastructure development is aligned with India's broader economic growth objectives. According to the India Brand Equity Foundation (IBEF), the Indian retail market is projected to reach USD 2 trillion by 2032, driven by sociodemographic and economic factors such as urbanization and income growth. Paper packaging companies in India are expanding their production capabilities, with the country's export volume reaching 2.85 million tonnes in FY22, positioning India as a significant player in the global paper market in India. The industry is witnessing substantial investments in research and development, focusing on innovative solutions such as barrier coatings, sustainable materials, and advanced manufacturing processes to meet the growing demand for eco-friendly packaging solutions.
India Paper Packaging Market Trends
Increasing Demand from E-commerce Industry
The rapid expansion of e-commerce in India has become a primary catalyst for paper packaging demand, particularly in the corrugated box market size in India. The sector's growth is driven by changing consumer shopping behaviors and the increasing penetration of internet and smartphone usage across the country. Major e-commerce platforms like Flipkart and Amazon require extensive packaging solutions for safe product delivery, leading to a surge in demand for corrugated boxes that offer protection during transit. The retail trade industry's impressive performance, with 15% sales growth in footwear and food categories as of June 2023, according to the Retailers Association of India, further emphasizes the increasing need for reliable packaging solutions.
The rise of Direct-to-Consumer (D2C) brands across food, cosmetics, fashion, and consumer electronics sectors has created additional demand for paper-based packaging solutions. These digital-first brands are challenging established players by directly connecting with digital shoppers, necessitating robust and sustainable packaging solutions for their products. The government's support through initiatives like the Production-Linked Incentive (PLI) scheme and Atmanirbhar Bharat has further strengthened the domestic manufacturing capabilities of packaging solutions, encouraging more businesses to adopt paper-based packaging for their e-commerce operations.
Innovations such as Bag-in-Box and Ready-to-Eat (RTE) Foods
The evolution of packaging solutions, particularly in the food and beverage sector, has led to innovative developments like bag-in-box packaging and specialized solutions for ready-to-eat foods. These innovations address the growing consumer demand for convenience, hygiene, and sustainability in food packaging. The expansion of quick-service restaurants (QSRs) in India, exemplified by Burger King's growth from 315 outlets in FY 2022 to 391 in FY 2023, has created substantial demand for innovative paper-based packaging solutions that ensure food safety and convenience in transportation.
The robust export activities in India's food sector have further accelerated the adoption of innovative packaging solutions. With fresh fruit exports reaching USD 863.7 million in FY 2023, there is an increasing need for specialized packaging that can preserve product quality during transportation and storage. Paper-based packaging innovations have evolved to include features such as barrier coatings for oil and grease resistance, water repellency, and enhanced durability, making them ideal for various food applications, including ready-to-eat meals, beverages, and fresh produce.
Increasing Environmental Awareness and Shift from Plastic Packaging
Environmental consciousness among Indian consumers and businesses has triggered a significant shift towards sustainable packaging solutions, particularly away from single-use plastics. Major retailers and e-commerce platforms are actively transitioning to eco-friendly alternatives, with companies like Flipkart and Myntra implementing comprehensive sustainable packaging initiatives. These companies are replacing traditional plastic packaging with recycled paper bags, eco-friendly paper shreds, and other sustainable alternatives, demonstrating the industry's commitment to environmental stewardship.
The government's stringent regulations against single-use plastics have accelerated the adoption of paper-based packaging solutions across various industries. Leading manufacturers are responding to this shift by developing innovative paper packaging solutions that maintain functionality while reducing environmental impact. The packaging industry has witnessed the introduction of various paper-based alternatives for traditional plastic packaging applications, including paper bags for retail, corrugated boxes for e-commerce, and specialized paper packaging for food and beverage products. This transition is further supported by increasing consumer awareness and preference for environmentally responsible packaging options, highlighting the growing importance of the paper bag market in India and the paper bag industry in India.
Segment Analysis: By Product Type
Corrugated Boxes Segment in India Paper Packaging Market
The corrugated box market size in India continues to dominate the India paper packaging market, holding approximately 55% market share in 2024. This segment's prominence is primarily driven by the expanding e-commerce sector and the widespread use of fast-moving consumer goods (FMCG) products, including household goods, beverages, medications, and toiletries. The segment's growth is further accelerated by manufacturers' innovative designs of corrugated boxes in various sizes and shapes, responding to consumers' growing preference for lightweight and innovative paper packaging materials. Direct-to-consumer (D2C) brands in food, cosmetics, fashion, and consumer electronics have significantly contributed to this segment's dominance. The segment is experiencing robust growth at nearly 21% annually through 2029, driven by the increasing adoption of sustainable packaging solutions and the government's push toward eco-friendly alternatives to plastic packaging.

Remaining Segments in India Paper Packaging Market by Product Type
The folding cartons segment represents a significant portion of the market, serving various industries including food and beverage, pharmaceuticals, and retail sectors. These cartons are particularly valued for their versatility in non-contact categories such as tea and breakfast cereals, offering excellent printability and customization options. The paper bags packaging market and liquid board segment, while smaller, play a crucial role in meeting specific packaging needs, especially in the food service and retail industries. This segment has gained increased attention due to the growing emphasis on sustainable packaging solutions and the shift away from plastic bags. Both segments continue to evolve with technological advancements and increasing focus on recyclability and environmental sustainability.
Segment Analysis: By End-User Industry
Food Segment in India Paper Packaging Market
The food segment maintains its dominant position in India's paper packaging market, commanding approximately 32% market share in 2024. This leadership position is driven by the increasing demand for sustainable packaging solutions in the food industry, particularly in processed food, ready-to-eat meals, and fresh produce sectors. The segment's growth is further bolstered by the rapid expansion of e-commerce food delivery services and the increasing consumer preference for eco-friendly packaging alternatives. Major food companies in India are actively transitioning towards paper-based packaging solutions, including corrugated boxes, folding cartons, and paper bags, in response to growing environmental concerns and government regulations against single-use plastics. The segment's strength is also attributed to the rising adoption of innovative paper packaging solutions that offer enhanced protection, extended shelf life, and improved sustainability features for food products.
Beverage Segment in India Paper Packaging Market
The beverage segment is emerging as the fastest-growing sector in India's paper packaging market, with a projected growth rate of approximately 21% during 2024-2029. This remarkable growth is primarily driven by the increasing adoption of paper-based packaging solutions in the dairy industry, fruit juices, and ready-to-drink beverages. The segment is witnessing significant innovation in liquid paperboard packaging, with manufacturers developing new sustainable solutions that offer enhanced protection and extended shelf life. The growth is further accelerated by the rising consumer awareness about environmental sustainability and the shift from plastic to paper-based packaging alternatives. Major beverage companies are increasingly investing in paper packaging solutions that incorporate advanced barrier technologies, ensuring product freshness while maintaining eco-friendly credentials.
Remaining Segments in End-User Industry
The healthcare segment maintains a significant presence in the market, driven by the pharmaceutical industry's increasing demand for sustainable packaging solutions. Personal care and household care segments are witnessing steady growth due to the rising adoption of eco-friendly packaging alternatives and innovative paper-based solutions. The hardware and electrical products segment continues to utilize paper packaging for its protective properties and cost-effectiveness. These segments collectively demonstrate the versatility of paper and packaging industry in India across various industries, with each contributing unique requirements and driving innovations in terms of design, functionality, and sustainability. The market is seeing increased adoption of specialized paper packaging solutions tailored to meet the specific needs of these diverse end-user segments.
India Paper Packaging Industry Overview
Top Companies in India Paper Packaging Market
The Indian paper packaging industry features a mix of established global players and strong domestic manufacturers competing across various product segments. Companies are increasingly focusing on sustainable packaging innovations, particularly in developing eco-friendly alternatives to plastic packaging and recyclable solutions. Operational agility is being enhanced through investments in automated manufacturing processes and digital technologies for improved production efficiency. Strategic moves in the industry are centered around capacity expansion, with companies setting up new manufacturing facilities and upgrading existing ones to meet growing demand. Market leaders are strengthening their positions through vertical integration strategies, securing raw material supplies, and developing comprehensive end-to-end packaging solutions. Geographic expansion within India remains a key focus, with companies establishing a presence across multiple regions to better serve diverse customer segments and reduce logistics costs.
Dynamic Market Structure Drives Industry Evolution
The Indian paper packaging market exhibits a moderately fragmented structure with a healthy mix of global conglomerates and specialized local players. Global players like WestRock and Oji Holdings bring international expertise and advanced technologies, while domestic companies like Parksons Packaging and TCPL Packaging leverage their strong local market understanding and established customer relationships. The market is witnessing increased consolidation through strategic acquisitions and partnerships, as larger players seek to expand their product portfolios and geographic reach. Companies are also forming strategic alliances with raw material suppliers and end-users to strengthen their market position and ensure stable supply chains.
The industry is characterized by significant merger and acquisition activity, particularly involving larger players acquiring regional manufacturers to expand their manufacturing footprint and customer base. Companies are increasingly focusing on vertical integration strategies, with several players investing in paper packaging manufacturing capabilities to ensure raw material security. Market leaders are also expanding their presence in high-growth segments such as e-commerce packaging and sustainable packaging solutions through strategic acquisitions. The competitive landscape is further shaped by investments in research and development capabilities, with companies establishing dedicated innovation centers to develop new packaging solutions and improve existing products.
Innovation and Sustainability Drive Future Success
For established players to maintain and increase their market share, focus on technological innovation and sustainable packaging solutions is becoming increasingly critical. Companies need to invest in advanced manufacturing capabilities and develop eco-friendly packaging alternatives to meet evolving customer preferences and regulatory requirements. Building strong relationships with key customers across various industries, particularly in growing sectors like e-commerce and food delivery, is essential for long-term success. Market leaders must also focus on operational efficiency and cost optimization to maintain competitive pricing while ensuring product quality and innovation.
New entrants and smaller players can gain ground by focusing on specialized market segments and developing innovative solutions for specific industry needs. Success factors include building strong distribution networks, investing in quality control systems, and developing sustainable packaging solutions that comply with environmental regulations. Companies must also consider the increasing concentration of end-users in sectors like e-commerce and FMCG, which creates both opportunities and challenges for packaging manufacturers. The risk of substitution from alternative packaging materials remains a concern, making it essential for companies to continuously innovate and demonstrate the value proposition of paper packaging solutions. Regulatory changes, particularly those related to environmental protection and sustainability, will continue to shape the competitive landscape and create opportunities for companies that can adapt quickly.
India Paper Packaging Market Leaders
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West Rock India (West Rock Company)
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Trident Paper Box Industries
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TGI Packaging Pvt. Ltd
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Kapco Packaging
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OJI India Packaging Pvt. Ltd (Oji Holdings Corporation)
- *Disclaimer: Major Players sorted in no particular order

India Paper Packaging Market News
- January 2024: ITC Foods introduced a new outer paper bag packaging for its Sunfeast Farmlite Digestive Biscuits family pack. The packaging is designed to be consumer-friendly, visually appealing, and convenient. This move is part of the company's broader push to minimize plastic usage, urging consumers toward sustainable shopping practices. It is a pivotal step in realizing ITC Foods' Sustainability 2.0 Vision, which aims to bolster its sustainability endeavors and foster a circular economy, especially in managing post-consumer packaging waste.
- December 2023: JK Paper Group unveiled its range of paper-based packaging products tailored for the FMCG and pharmaceutical sectors at the Paperex exhibition in Noida. With India's ban on single-use plastics, the company sees a strategic opening for paper-based solutions and is positioning itself as a frontrunner in this transition. Additionally, JK Paper has inaugurated a sheeting center in Bengaluru that caters to customers seeking smaller order volumes.
India Paper Packaging Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumption and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
- 4.1 Market Overview
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4.2 Industry Attractiveness - Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Threat of Substitute Products
- 4.2.5 Intensity of Competitive Rivalry
- 4.3 Industry Value Chain Analysis
- 4.4 Impact of COVID-19 on the Market
- 4.5 Pricing Analysis of Corrugated and Folding Carton-based Products in India
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4.6 India Paper Industry Statistics
- 4.6.1 Current Capacity of Paper and Paper Board in India
- 4.6.2 Current Production, Sales, and Capacity Utilization
- 4.6.3 Breakdown of Writing and Printing Paper Segment - Uncoated Woodfree, Copier, Coated Woodfree, Cream wove, etc.
- 4.6.4 Breakdown of the Paperboard and Packaging Paper - Kraft Paper and Board, Recycled Duplex Board, Virgin Duplex Board, Other Packaging Paper, etc.
- 4.6.5 Other Varieties - Specialty Paper, MG Variety
5. MARKET DYNAMICS
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5.1 Market Drivers
- 5.1.1 Increasing Demand From E-commerce Industry
- 5.1.2 Innovations Such as Bag-in-box and (Ready-to-eat Food) RTE Foods
- 5.1.3 Increasing Environmental Awareness and Shift from Plastic Packaging
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5.2 Market Challenges
- 5.2.1 Fluctuating Raw Material Prices and Dependency on Export
- 5.3 Regional Hotspot of Paper Packaging in India
- 5.4 Trade Scenario Analysis - Coverage of the Key Packaging Products Based on the Relevant HS Codes
6. MARKET SEGMENTATION
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6.1 By Product Type
- 6.1.1 Corrugated Boxes
- 6.1.2 Folding Cartons
- 6.1.3 Paper Bags and Liquid Board
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6.2 By End-user Industry
- 6.2.1 Food
- 6.2.2 Beverage
- 6.2.3 Healthcare
- 6.2.4 Personal Care and Household Care
- 6.2.5 Hardware and Electrical Products
- 6.2.6 Other End-user Industries
7. COMPETITIVE LANDSCAPE
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7.1 Company Profiles
- 7.1.1 West Rock India (West Rock Company)
- 7.1.2 Trident Paper Box Industries
- 7.1.3 TGI Packaging Pvt. Ltd
- 7.1.4 Kapco Packaging
- 7.1.5 OJI India Packaging Pvt. Ltd (Oji Holdings Corporation)
- 7.1.6 Chaitanya Packaging Pvt. Ltd
- 7.1.7 Packman Packaging Private Limited
- 7.1.8 TCPL Packaging Ltd
- 7.1.9 Parksons Packaging Ltd
- 7.1.10 Horizon Packs Pvt Ltd
- 7.1.11 P.R. Packagings Ltd
- 7.1.12 Total Pack
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OUTLOOK OF THE MARKET
India Paper Packaging Industry Segmentation
Paper packaging is a broader category encompassing various packaging products made from paper-based materials and widely used and versatile solutions for protecting, storing, and transporting a diverse range of goods. The major types of paper packaging used across industries include corrugated boxes, folding cartons, paper bags, and liquid boards.
The Indian paper packaging market is segmented by product type (corrugated boxes, folding cartons, paper bags, and liquid board) and end-user industry (food, beverage, healthcare, personal care and household care, hardware and electrical products, and other end-user industries). The market sizes and forecasts are provided in terms of value (USD) for all the segments.
By Product Type | Corrugated Boxes |
Folding Cartons | |
Paper Bags and Liquid Board | |
By End-user Industry | Food |
Beverage | |
Healthcare | |
Personal Care and Household Care | |
Hardware and Electrical Products | |
Other End-user Industries |
India Paper Packaging Market Research FAQs
How big is the India Paper Packaging Market?
The India Paper Packaging Market size is expected to reach USD 19.07 billion in 2025 and grow at a CAGR of 19.48% to reach USD 46.43 billion by 2030.
What is the current India Paper Packaging Market size?
In 2025, the India Paper Packaging Market size is expected to reach USD 19.07 billion.
Who are the key players in India Paper Packaging Market?
West Rock India (West Rock Company), Trident Paper Box Industries, TGI Packaging Pvt. Ltd, Kapco Packaging and OJI India Packaging Pvt. Ltd (Oji Holdings Corporation) are the major companies operating in the India Paper Packaging Market.
What years does this India Paper Packaging Market cover, and what was the market size in 2024?
In 2024, the India Paper Packaging Market size was estimated at USD 15.36 billion. The report covers the India Paper Packaging Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the India Paper Packaging Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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India Paper Packaging Market Research
Mordor Intelligence provides a comprehensive analysis of the India paper packaging market. With decades of expertise in the paper packaging industry, we deliver an in-depth report on the evolving landscape of paper packaging in India. This includes segments such as paper bags packaging, corrugated boxes, and kraft paper. Our analysis highlights key manufacturers, focusing on paper packaging companies in India and leading paper packaging manufacturer profiles. We combine primary data from industry stakeholders with secondary research to offer accurate insights into the paper market in India and its various segments.
The report, available as an easy-to-download PDF, offers stakeholders crucial insights into the packaging market in India. It includes a detailed analysis of the paper packaging market size and growth projections. Decision-makers in the paper packaging industry in India benefit from our comprehensive coverage of market dynamics, regulatory frameworks, and competitive landscapes. The study covers detailed segments, including the paper bags packaging market size, corrugated box market size in India, and emerging trends in paper based packaging. Our analysis assists businesses in identifying growth opportunities, optimizing operations, and making informed strategic decisions in this rapidly evolving market.