1、For updated information,please visit www.ibef.orgNovember 2025Paper and Packaging2Table of ContentsExecutive Summary3Advantage India 4Market Overview and Trends6Strategies12Growth Drivers15Opportunities 21Key Industry Contacts24Appendix263Executive summarySource:News Articles,DPIIT,Mordor Intelligen

2、ce,PIAI,IPMAI435.2466.5501.0537.3575.7613.4652.4690.0010020030040050060070020212022202320242025F2026F2027F2028FPaper and Packaging market in India(US$billion)The Indian paper industrys estimated domestic market size in 2024-25 is23.84 million metric tonnes,with an expected annual growth rate of5.97%

3、.As of 2024,Packaging is the fifth largest sector of Indian economy.Packaging is among the high growth industries in India and developing atthe rate of 22-25%per annum and becoming a preferred hub forpackaging industry.The packaging industry has played a significant role in recent years inadvancing

4、innovation and technology in the nation and enhancing valueacross a range of manufacturing sectors,including the FMCG andagricultural industries.As of 2024,India has 22,000 packaging units,of which 85%are small and medium enterprises(SMEs).In 2024-25,Indias installed capacity of paper and paperboard

5、 stood at5.20 million tonnes per annum,with production reaching 4.94 milliontonnes.Domestic sales accounted for 4.41 million tonnes,while exportswere 0.49 million tonnes.The industry operated at a capacity utilisationrate of 95.03%.As of 2024,India is home to around 850 paper mills,which collectivel

6、yproduce about 25 million tonnes of paper each year.This productionvolume is expected to rise to approximately 35 million tonnes by theFY30.The expansion of the middle class,enhancements made to the supplychain,and the emergence of e-commerce in recent times are the primaryfactors responsible for th