The Premier Processing & Packaging Event for India

30 Sep – 2 Oct 2021

Bombay Exhibition Center (BEC),

10:00 - 18:00 Hrs.

Country Overview

Market Opportunities

  • The food processing industry accounts for 32% of the country’s total food market, and is ranked fifth in terms of production, consumption, export and expected growth.
  • The processed food market is expected to grow to $543bn by 2020 from $322bn in 2016, at a CAGR of 14.6%.
  • 100% FDI is permitted under the automatic route in food processing industries. 100% FDI is allowed through government approval route for trading, including through e-commerce in respect of food products manufactured or produced in India.
  • The packaging industry in India is predicted to grow at 18% annually, with flexible packaging growing at 25% and rigid packaging at 15%.
  • Packaging is the fifth largest sector in India’s economy and is one of the highest growth sectors in the country. Anticipated to reach $73.6bn by the 2020 financial year (FY2020), due to India’s growing population and income levels.
  • The global pharmaceutical packaging market has been predicted to double to $149bn in a decade, with India one of the markets currently producing a large quantity of plastic pharmaceutical packaging.
  • India’s e-commerce revenue is predicted to be the highest rate in the world, growing at an annual rate of 51% and increasing to $120bn in 2020 from $30bn in 2016. India’s e-commerce retail market faces an increasing demand for rigid packaging, such as corrugated boxes and cartons due to the packaging’s firm structure, preventing potential damage against India’s poor road infrastructure. The rigid packaging category makes up 80% of the country’s overall packaging market.
  • In terms of India’s beverage packaging, materials such as glass and rigid plastics account for 70% of the total packaging market.
Source: ASSOCHAM & EY, ASSOCHAM-Forrester reports, Invest India