The Indian healthcare packaging market is anticipated to showcase a CAGR of 8.9% during the forecast period. The generic drug market in India is significantly driving the growth of the healthcare packaging industry in the country. Indian generic medicines occupy a total of 20% share in global supply by volume in the drug market. Moreover, the change in regulations is also fostering the growth of the healthcare packaging market in the country. For instance, the Government of India has allowed 100% FDI in brownfield pharma, which will attract more healthcare packaging companies to the country. In addition to this, the low manufacturing cost is also driving a significant number of pharma and medical companies towards the Indian market thereby driving the healthcare packaging market.

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The Indian healthcare packaging market is segmented based on end-use vertical and material types. Based on the end-use vertical, the market is bifurcated into pharmaceutical packaging and medical device packaging. Pharmaceutical packaging is further divided into primary packaging such as bottles and blisters; and secondary packaging such as containers. Moreover, medical device packaging includes the analysis of bags & pouches, trays, boxes, and others. Based on the material type, the market is sub-segmented into the polymer, paper & paperboard, and Others. The plastic & polymer segment is estimated to contribute a prominent share to the market.

Further, the study of the report covers the analysis of various players operating in the pharmaceutical packaging landscape as well as the medical device packaging landscape. Some of the global players operating in the Indian market and covered in the report include Amcor plc, Clariant AG, Schott Kaisha Pvt. Ltd., RUPS, SGD S.A., Uflex Ltd., and others. The key players in the healthcare packaging market are adopting various strategies including mergers, and acquisitions to stay competitive in the market. 

Research Methodology

The market study of the Indian healthcare packaging market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for packaging companies, raw material suppliers, medical device companies, pharmaceutical companies, medical device safety agencies, drug manufacturers, government organizations, regulatory bodies, and other market participants for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, products offered by the companies, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.

Market Segmentation

1. India Healthcare Packaging Market Research and Analysis by End-Use Vertical
2. India Healthcare Packaging Market Research and Analysis by Material Type

The Report Covers

• Comprehensive research methodology of the Indian healthcare packaging market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Indian healthcare packaging market.
• Insights about market determinants which are stimulating the Indian healthcare packaging market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.