Not to be left behind, the packaging industry has kept pace with the growth and demands of the brand owners in the FMCG sector through technology enhancement, investments and capacity expansion. Several global packaging companies are now present in India; a few Indian packaging companies have gone global through acquisitions and have also set up greenfield manufacturing facilities. All in all, it has been a decade of rapid growth for the Indian packaging industry and the coming decade promises to be equally good, though the recent economic slowdown may show up a trough or two in the charts.
India is amongst the top fifteen markets for glass packaging globally and is growing at a rate of 8-10% per annum. However, the country’s per capita consumption of container glass is low at 1.4 kg compared to other countries, exhibiting a significant opportunity for growth. Increasing health consciousness, acquisition of advanced technologies and strengthening of consumer connect will further drive the demand for glass packaging in the country.
This detailed report provides a comprehensive analysis of glasspackaging for consumer markets in India and detailed forecasts to 2017-18, with break-up by package type and market segments.
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EN-US;mso-bidi-language:AR-SA">For Complete Executive Report: Glass packaging for consumer markets in India to 2017-18