India Flexible Packaging Market : Size, Share and Forecast Report To 2018-2023
Market Reports on India Provides the Trending Market Research Report on “ Flexible Packaging Market in India (2018-2023) ” under Packaged & Processed category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. Over the years, the Indian packaging industry has witnessed a gradual shift from rigid, to flexible variants, since the latter are visually appealing, cheaper, and durable. Market insights: The growth of the Indian Flexible Packaging Market is because of their increased use at food service outlets, along with higher demand for packaged beverages. The Indian flexible packaging market is expected to reach a value of INR ~640.38 Bn by FY 2023, up from its FY 2017 value of INR 375 Bn, expanding at a compound annual growth rate (CAGR) of ~10% from FY 2018 to FY 2023. Consumers prefer flexible packaging over rigid packaging since they are lighter, easily disposable, and their impact on t...