India: Report on the plastic packaging industry

22 January 2016

The Federation of Indian Chambers of Commerce & Industry (FICCI) has published a report about the plastic packaging industry in India. Packaging is one of the fastest growing industries and stands at USD 700 billion globally. In developing country like India, it grew at a CAGR of 16% in the last five years.
In India the industry is driven by key factors like rising population, increase in income levels and changing lifestyles. Growth prospects of end-user segments are leading to rise in the demand of the plastic packaging industry. Further, India is emerging as the most favoured destination for organized retail destination in the world. And also the presence of E-commerce is expanding rapidly.
Click here for the report (1.99 MB).

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