India Corrugated Box Market Outlook to 2023
by Ply/Box Type (3ply, 5ply, 7ply and 9ply), by End User (FMCG, Automotive, Textile, Electronics & Appliances and Others), by Slotted, Die-Cue Box and Others
Region:Asia
Product Code:KR630
May 2018
160
About the Report
India Corrugated Market Size and Overview: Market Size: India corrugated box industry is an inevitable part of manufacturing sector which rely heavily on corrugated packaging for finished goods transportation and handling. India corrugated box industry grew from at a CAGR of 23.3% in terms of revenue. Factors such as increasing demand from fresh food and beverages, home & personal care goods, electronic goods industries, logistics application, increasing consumer awareness towards sustainable packaging and growth of the e-commerce industry have propelled the growth of Indian corrugated boxes market.
Market Segmentation:
By End User: In FY'2018, FMCG segment has dominated India corrugated box market. The automotive, textile and electronics & appliances industry contributed robust share has followed FMCG sector. Other end user such as paints, pesticides, distillery products, E-Commerce, Home Merchandise & Garments has least revenue contribution in corrugated box revenue in FY'2018.
By States: In FY'2018, Gujarat has dominated India corrugated box market. Gujarat dominated on back of the growth in FMCG and pharmaceuticals sectors in different regions of Gujarat therefore increasing the demand of corrugated boxes. Maharashtra, Himachal, Tamil Nadu, West Bengal and UP has followed Gujarat during FY'2018.
By Non-Colored/Colored Box: Non-colored corrugated boxes dominated as they are preferred by those end users who have to pack and store the products in the warehouse or godown. Colored boxes are generally manufactured on end user demand and are used for packaging children related products such as toys, games, soft toys and others, food items such as frooti, noodles, biscuits and others.
By Type of Box: In FY'2018, regular slotted type of box has dominated the market. Regular slotted boxes are most preferred as they are easy to manufacture and moreover, the production is also fast. Other type of boxes include full telescope box, partial telescope box, corrugated tray often used for display purposes, corrugated corner pads used for product support and cushioning contribute a minimal share in terms of sales volume in FY'2018.
Competitive Landscape: India corrugated box market is highly fragmented with the presence of around 18,000 organized and unorganized players. There are no regulations in the market regarding the entry of the players and since it is a low capital intensive business so many new players are entering in the market. Horizon Packs Pvt. Ltd. is the leading manufacturer. Other leading companies are Worth Peripherals Ltd., TGI Packaging Pvt. Ltd., OJI India Packaging Pvt. Ltd., Jayaraj Fortune Packaging Pvt. Ltd., Supack Industries Pvt. Ltd., BL Containers Pvt. Ltd., Chaitanya Packaging Pvt. Ltd., CEL Packaging, Wadpack Pvt. Ltd., Hariwansh Packaging Pvt. Ltd., CJ Corporation and Paper Containers India Pvt. Ltd.
Future Outlook to India Corrugated Box Market: India corrugated box industry is expected to increase at a CAGR of double digit CAGR in between the FY'2018 and FY'2023 in terms of revenue due to the elevating demand from the end user segment in order to store and transport their end products. Increasing the demand of safe and cushioned packaging of the product will augment the growth of India Corrugated box market. The procurement of latest technology machines from China, Taiwan and other Asian countries by manufacturers in order to make production fast and accurate will also drive the future of India corrugated box industry.
Key Topics Covered in the Report
- India corrugated box market introduction
- India corrugated box market size
- India corrugated box market segmentation by type of ply/box (3ply, 5ply, 7ply and 9ply), by end user (FMCG, Automotive, Textile, Electronics & Appliances and Others), by states (Gujarat, Maharashtra, Himachal, Tamil Nadu, West Bengal, UP and Others), by type of box (Slotted, Die-Cue and Others), by type of Box (Colored and Non-colored), by type of players (Organized and Un-organized) and by type of sales (Domestic and Exports).
- Snapshot on India Kraft Paper Market
- Competitive landscape in India corrugated box market
- Company profiling for major players in India corrugated box market
- Investment Model to set up a corrugated box plan in India
- Government regulation in India corrugated box market
- Buying decision parameters from end user point
- Export and Import trade scenario
- India corrugated box market future outlook and projections
- Analyst Recommendations
- Macroeconomic Factors in India corrugated box market
Products
Companies
- Horizon Packs Pvt. Ltd,
- Worth Peripherals Ltd.,
- TGI Packaging Pvt. Ltd.,
- OJI India Packaging Pvt. Ltd.,
- Jayaraj Fortune Packaging Pvt. Ltd.,
- Supack Industries Pvt. Ltd.,
- BL Containers Pvt. Ltd.,
- Chaitanya Packaging Pvt. Ltd.,
- CEL Packaging,
- Wadpack Pvt. Ltd.,
- Hariwansh Packaging Pvt. Ltd.,
- CJ Corporation and Paper Containers India Pvt. Ltd.
Table of Contents
1. Executive Summary
Market Overview
Market Segmentation
Competitive Landscape
Future Analysis and Projections
2. Research Methodology
2.1. Market Definitions
2.2. Abbreviations
2.3. Market Sizing and Modeling
Approach- Market Sizing
Variables Dependent and Independent
Multifactor Based Sensitivity Model
Limitations
Final Conclusion
3. India Corrugated Box Market Overview and Genesis
4. Value Chain in India Corrugated Box Market
5. India Corrugated Box Market Size By Revenue, FY'2012-FY'2018
6. India Corrugated Box Market Segmentation
6.1. By Ply/Type of Box (3 Ply, 5 Ply, 7 Ply & 9 Ply), FY'2018
6.2. By End User (FMCG, Automotive, Electronics & Appliances, Textile And Others), FY'2013 and FY'2018
6.3. By States (Gujarat, Maharashtra, Himachal, Tamil Nadu, West Bengal, UP And Others), FY'2013 and FY'2018
6.3.1. By Non-Colored and Colored Box, FY'2018
6.4. By Organized and Unorganized Players, FY'2018
6.5. By Type of Box (Slotted, Die-Cut And Others), FY'2018
6.6. By Domestic Sales and Exports, FY'2012-FY'2018
7. Trends and Developments in India Corrugated Box Industry
Adopting Evolving Technologies
Corrugated Box For Display, Promotional Packs And Dispensers Becoming Popular
Alliances With Foreign Manufacturer
Growing Demand of Efficient Corrugators
8. Issues and Challenges In India Corrugated Box Market
Rise in Price of Raw Material
Rapid Change in Technology
Costly Skilled Manpower
Quality Check
9. Porter Five Forces Analysis For India Corrugated Box Market
10. Snapshot On India Kraft Paper Market
11. Snapshot on E-Commerce End User For Corrugated Box Industry
12. Buying Decision Parameters From End User Point
13. Export Trade Scenario of India Corrugated Box Market
14. Import Trade Scenario of India Corrugated Box Market
15. Competitive Landscape of Major Players in India Corrugated Box Market
15.1. Comparative Analysis
15.2. Competition Scenario
16. Company Profile of Major Players In India Corrugated Box Market
16.1. Horizon Packs Pvt.Ltd
16.2. Worth Peripherals Limited
16.3. Supack Industries Pvt.Ltd
16.4. TGI Packaging Pvt.Ltd
16.5. Jayaraj Fortune Packaging Pvt.Ltd
16.6. OJI India Packaging Pvt. Ltd
16.7. Comparative Analysis of Other Players
17. Investment Model To Set Up A Corrugated Box Plant In India
Location Prefernce
Assumptions
Fixed Cost
Machinery Cost
Raw Material Cost
Manpower
Utilities
Other Contingent Expenses
Total Recurring Expenditure
Working Capital Requirement
Total Capital investment
Funding Analysis
Cost of Production Per Annum
TurnOver Per Annum
Profitability Analysis
18. Government Regulations in India Corrugated Box Market
19. India Corrugated Industry Future Outlook and Projections, FY'2019-FY'2023
by States, FY'2023
by End Users, FY'2023
by Type of Ply/Box, FY'2018-FY'2022
by Type Box (Slotted & Die-Cut), FY'2023
by Type Box (Colored & Non-colored), FY'2023
by Organized and Unorganized Players, FY'2023
Domestic and Exports Sales, FY'2023
20. Analyst Recommendations
21. Macroeconomic Indicators in India Corrugated Box Market
21.1. Apparel and Footwear Industry, 2012-2022
21.2. Packaged Food Industry, 2012-2022
21.3. Tobacco Industry, 2012-2022
21.4. Beauty and Personal Care Products Industry, 2012-2022
21.5. Alcoholic Drinks Industry, 2012-2022
21.6. Consumer Appliances Industry, 2012-2022
Disclaimer
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