인도의 종이 및 판지 포장 : 시장 점유율 분석, 산업 동향 및 통계 데이터, 성장 예측(2026-2031년)

According to Mordor Intelligence, the India paper and paperboard packaging market size is expected to grow from USD 13.72 billion in 2025 to USD 14.54 billion in 2026 and is forecast to reach USD 19.57 billion by 2031 at a 6.13% CAGR over 2026-2031.

This report is Segmented by Material Grade (Virgin Fiber, Recycled Fiber, and Hybrid or Mixed Fiber), Product Type (Folding Cartons, Corrugated Packaging, and More), End-User Vertical (Food and Beverage, Healthcare and Pharmaceuticals, Personal Care and Cosmetics, and More), and Packaging Format (Primary Packaging, and More). The Market Forecasts are Provided in Terms of Value (USD).

India Paper And Paperboard Packaging Market Trends and Insights

Rising E-commerce Corrugated Demand

Order-to-dispatch cycles in quick-commerce have compressed from hours to minutes, forcing converters near fulfillment hubs to keep pre-assembled shippers ready at all times. Average units per shipment are now closer to one SKU than the three to five typical in earlier e-retail models, effectively multiplying corrugated demand per rupee of merchandise sold. Tier-2 cities such as Jaipur, Lucknow, Coimbatore and Indore are expanding fastest because dark-store operators secure lower real-estate costs there, drawing regional converters to invest in rotary die-cutters and slitter-scorers. Right-weighting to cut excess void fill has become a key cost lever for platforms dispatching millions of micro-orders each month. The resulting boom in micro-flute boards that deliver crush resistance at lighter basis weights adds fresh momentum to the India paper and paperboard packaging market.

Food Brand Shift to Recyclable Mono-Material Packs

Extended Producer Responsibility rules mandate QR-code traceability from July 2025, pushing brand owners to redesign packs around a single substrate. Carton makers responded with barrier-coated paperboard that withstands oil, moisture and oxygen without relying on multilayer plastic laminates. Although these substrates cost 8-12% more than polyethylene pouches, leading consumer-goods companies absorb the premium to avoid non-compliance fines and reputational risk. Retailers now favor matte cartons that showcase sustainability credentials, a shift that boosts print value per pack. Large converters securing multiyear supply agreements can therefore justify further automation and widen their competitive moat.

Price Volatility of Imported Waste Paper

India imported roughly 1.5 million t of waste paper in FY 2023-24, yet domestic collection efficiency remains below 30%. Bale prices swung 20-30% during 2024 after China's National Sword policy rerouted shipments, forcing recycled-board mills to trade off margin versus volume. Standalone converters locked into annual price contracts resist cost pass-through, squeezing mill profitability. Some producers blend agro-residue pulp, but wheat-straw fibers lack the tensile strength required for heavy-duty liners. Until organized collection scales, volatility will continue to undercut recycled-fiber economics.

Other drivers and restraints analyzed in the detailed report include:

1. Government Ban on Single-Use Plastics
2. Emergence of Quick-Commerce Regional Hubs
3. Chronic Containerboard Energy-Cost Inflation

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Recycled fiber controlled 53.16% of India paper and paperboard packaging market share in 2025, yet hybrid grades are forecast to deliver a 7.14% CAGR to 2031, outpacing all other material options. These blends combine agro-residue pulp with recycled furnish, providing crush strength while satisfying recycled-content criteria. The Directorate General of Trade Remedies began probing subsidized virgin imports from Chile and China in 2024, making domestically sourced hybrids more attractive. Imported waste-paper volatility further drives mills to secure agro-residue feedstock from wheat straw and bagasse, stabilizing cost curves. Policy incentives that reward stubble-burning reduction and circular-economy targets reinforce the transition toward hybrid boards.

Hybrid adoption also benefits converters: boards run clean on high-speed corrugators and accept water-based inks without extra primer, reducing downtime. Brand owners display recycled-content logos prominently, enhancing on-shelf perception without sacrificing box compression strength. Integrated mills with both pulp and converting assets therefore defend margins even in down cycles. Smaller firms can still participate by buying pre-trimmed hybrid sheets, though their cost base remains higher than that of vertically integrated rivals. Overall, hybrid grades advance both sustainability messaging and performance, securing their place in the growth mix of the India paper and paperboard packaging market.

Corrugated packaging dominated 48.24% of India paper and paperboard packaging market size in 2025, but liquid cartons are poised for the fastest 7.63% CAGR through 2031. Less than 10% of India's milk output reaches consumers in packaged form, leaving vast headroom for aseptic cartons that permit ambient storage. SIG Combibloc's USD 96 million plant in Ahmedabad can produce 4 billion packs a year, ensuring local supply for co-operatives modernizing distribution. Dairy processors in tier-2 cities value shelf-stable packs that bypass cold-chain costs, broadening market access and curbing spoilage.

Beyond dairy, fruit-based beverages and flavored milks adopt carton formats to differentiate from PET bottles. Folding cartons maintain relevance in pharmaceuticals and confectionery because anti-counterfeit features such as holographic foils fit easily on carton substrate. Paper bags continue to benefit from grocery bans on thin plastics, although reusable non-woven options slow their penetration. Rigid boxes, despite a niche volume base, capture premium margins in smartphones and luxury accessories. Collectively, this diversified demand profile consolidates liquid cartons and allied paperboard formats as structural growth pillars.

Complete Report Scope:

• By Material Grade
  • Virgin Fiber
  • Recycled Fiber
  • Hybrid or Mixed Fiber
• By Product Type
  • Folding Cartons
  • Corrugated Packaging
  • Liquid Cartons
  • Paper Bags and Sacks
  • Rigid Boxes
  • Other Product Types
• By End-User Vertical
  • Food and Beverage
  • Healthcare and Pharmaceuticals
  • Personal Care and Cosmetics
  • Electrical and Electronics
  • Industrial and Automotive
  • Other End-user Industries
• By Packaging Format
  • Primary Packaging
  • Secondary Packaging
  • Tertiary Packaging

List of Companies Covered in this Report:

1. TCPL Packaging Limited
2. Parksons Packaging Limited
3. Smurfit WestRock
4. KCL Limited
5. Borkar Packaging Private Limited
6. Canpac Trends Private Limited
7. Trident Paper Box Industries
8. Tetra-Pak India Private Limited
9. UFlex Ltd
10. Oji India Packaging Private Limited
11. ITC Limited - Paperboards and Specialty Papers Division
12. JK Paper Limited
13. Horizon Packs Private Limited
14. Astron Packaging Limited
15. A N Y Graphics Private Limited
16. Meghna Packaging Private Limited
17. GPA Global India
18. Huhtamaki India Limited
19. Ballarpur Industries Limited (BILT)
20. Pakka Limited

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Rising E-commerce Corrugated Demand
  • 4.2.2 Food Brand Shift to Recyclable Mono-Material Packs
  • 4.2.3 Government Ban on Single-Use Plastics
  • 4.2.4 Emergence of Quick-Commerce Regional Hubs
  • 4.2.5 Automated High-Speed Flexo Printing Investments
  • 4.2.6 Agro-Residue Pulp Capacity Additions
• 4.3 Market Restraints
  • 4.3.1 Price Volatility of Imported Waste Paper
  • 4.3.2 Chronic Containerboard Energy-Cost Inflation
  • 4.3.3 Delayed GST Refunds for SME Converters
  • 4.3.4 Digital Substitution in Billing and Publishing
• 4.4 Industry Value Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces Analysis
  • 4.7.1 Bargaining Power of Suppliers
  • 4.7.2 Bargaining Power of Consumers
  • 4.7.3 Threat of New Entrants
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Intensity of Competitive Rivalry
• 4.8 Impact of Macroeconomic Factors on the Market

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

• 5.1 By Material Grade
  • 5.1.1 Virgin Fiber
  • 5.1.2 Recycled Fiber
  • 5.1.3 Hybrid or Mixed Fiber
• 5.2 By Product Type
  • 5.2.1 Folding Cartons
  • 5.2.2 Corrugated Packaging
  • 5.2.3 Liquid Cartons
  • 5.2.4 Paper Bags and Sacks
  • 5.2.5 Rigid Boxes
  • 5.2.6 Other Product Types
• 5.3 By End-User Vertical
  • 5.3.1 Food and Beverage
  • 5.3.2 Healthcare and Pharmaceuticals
  • 5.3.3 Personal Care and Cosmetics
  • 5.3.4 Electrical and Electronics
  • 5.3.5 Industrial and Automotive
  • 5.3.6 Other End-user Industries
• 5.4 By Packaging Format
  • 5.4.1 Primary Packaging
  • 5.4.2 Secondary Packaging
  • 5.4.3 Tertiary Packaging

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (Includes Global Level Overview, Market Level Overview, Core Segments, Financials as Available, Strategic Information, Market Rank/Share, Products and Services, and Recent Developments)
  • 6.4.1 TCPL Packaging Limited
  • 6.4.2 Parksons Packaging Limited
  • 6.4.3 Smurfit WestRock
  • 6.4.4 KCL Limited
  • 6.4.5 Borkar Packaging Private Limited
  • 6.4.6 Canpac Trends Private Limited
  • 6.4.7 Trident Paper Box Industries
  • 6.4.8 Tetra-Pak India Private Limited
  • 6.4.9 UFlex Ltd
  • 6.4.10 Oji India Packaging Private Limited
  • 6.4.11 ITC Limited - Paperboards and Specialty Papers Division
  • 6.4.12 JK Paper Limited
  • 6.4.13 Horizon Packs Private Limited
  • 6.4.14 Astron Packaging Limited
  • 6.4.15 A N Y Graphics Private Limited
  • 6.4.16 Meghna Packaging Private Limited
  • 6.4.17 GPA Global India
  • 6.4.18 Huhtamaki India Limited
  • 6.4.19 Ballarpur Industries Limited (BILT)
  • 6.4.20 Pakka Limited

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-Space and Unmet-Need Assessment