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Plastic Crates Market in India by Material and End-users - Forecast and Analysis 2022-2026

  • Published: Apr 2022
  • Pages: 120
  • SKU: IRTNTR40100
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The plastic crates market share in India is expected to increase by USD 309.5 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.94%.

The plastic crates market in India research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the plastic crates market in India segmentations by material (PE, PP, PVC, and others) and end-user (food and beverages, industrial, retail, pharmaceutical, and others).

The plastic crates market in India report also offers information on several market vendors, including Aristoplast Products Pvt. Ltd., Bright Brothers Ltd., Brix Industries, Cajon Plast Pvt. Ltd., Croma Plast Pvt. Ltd., Esquire Multiplast Pvt. Ltd., K.M.S. Plastworld Pvt. Ltd., MPH Group, National Plastics, Nilkamal Ltd., R.R. Enterprises, Rita International, Samruddhi Industries Ltd., Signet Group, Sintex Plastics Technology Ltd., Stackol Storage Systems, Sunshine Plastics, Swift Technoplast Private Ltd., The Supreme Industries Ltd., VIP Plastics, and White Plaast among others.

Aristoplast Products Pvt. Ltd. - Aristoplast Products Pvt. Ltd. is a privately held company headquartered in India. It is a regional company, with limited information regarding its financials and limited information regarding its employee strength is available. Its revenue from the plastic crates market in India contributes to its overall revenues along with its other offerings, but it is not a key revenue stream for the company. The company offers plastic crates such as dairy crates, fruit crates, crate baskets etc., under the brand name Aritoplast Products. 

What will the Plastic Crates Market Size in India be During the Forecast Period?

Plastic Crates Market Size

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Parent Market Analysis

Technavio categorizes the global plastic crates market in India as a part of the global air freight and logistics market. Our research report extensively covers external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the plastic crates market in India during the forecast period. 

Plastic Crates Market in India: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post-COVID-19 era. Globalization and increasing international trade is notably driving the plastic crates market growth in India, although factors such as growing pollution due to increasing plastic waste generation may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A?holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage. 

Key Plastic Crates Market Driver in India

Globalization and increasing international trade is one of the key drivers supporting the plastic crates market growth in India. With the onset of globalization, India has secured unrestricted access to international markets. As per the Government of India Department of Commerce, India's overall exports, merchandise, and services combined, during April 2019-September 2020, will be at $267.21 billion, exhibiting a growth of 1.93% over the same period last year. As a result, India has become one of the fastest-growing as well as the most attractive economies in the world in terms of foreign investments. Simultaneously, the per capita income in India has also nearly tripled in the past decade. Thus, the overall economic growth and the growth in consumer spending have increased the overall volumes of goods being moved within the country as well as internationally. These factors are driving the market growth.

Key Plastic Crates Market Trend in India

The advent of plasticulture is one of the key plastic crates market trends in India that is contributing to market growth. Various steps have been taken by the Indian government to educate farmers about the proper use and application of plasticulture through government-assisted programs, schemes, and offers by associations. Thus, with plasticulture being expected to become more popular with time, there will be an increase in the demand for plastic materials for storing agricultural goods. The ease of use, reusability, and longer lifecycle of plastic crates are expected to increase their demand among farmers. Moreover, plastic crates can be used for storage as well as transportation, which makes them multifunctional and beneficial for use in agriculture. Thus, the demand for plastic crates is expected to rise as the plasticulture trend becomes more widespread during the forecast period.

Key Plastic Crates Market Challenge in India

Increasing plastic waste generation is one of the factors hindering the plastic crates market growth in India. . A high concentration of plastic waste is dumped into the sea or water bodies, which is ingested by aquatic animals. Another major issue in India is the burning of plastic for heating or cooking purposes, which causes toxic emissions. Also, the disposal of plastic waste by burning in open-air pits releases harmful gases such as furan and dioxin. Moreover, with the growing plastic production in India, the country's plastic waste problem is expected to aggravate further. This will be a challenge for the vendors of plastic crates due to the increasing pressure for proper handling of waste generated by plastic processing companies and vendors of plastic crates during the forecast period.

This plastic crates market in India analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Plastic Crates Market in India Value Chain Analysis

Our In-house experts produce extensive information on the value chain and parent market of the plastic crates market in India, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies. The players across the value chain include selective data and analysis from entire research findings as per the scope of the report. 

What are the Revenue-generating Material Segments in the Plastic Crates Market in India?

Plastic Crates Market Market segmentation by region

To gain insights on the market contribution of various segments Request PDF sample

The plastic crates market share growth in India by the PE segment will be significant during the forecast period. PE was the largest segment of the market in 2021 and will continue to be the largest segment of the market in 2026, growing slower than the overall market (7.94%). Moreover, it will contribute 33.46% of the incremental growth in the overall market between 2021 and 2026. Such an increase in demand for the PE segment is driving market growth.

This report provides an accurate prediction of the contribution of all the segments to the growth of the plastic crates market size in India and actionable market insights on the post-COVID-19 impact on each segment. 

 

Plastic Crates Market Scope in India

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 7.94%

Market growth 2022-2026

$ 309.5 million

Market structure

Fragmented

YoY growth (%)

7.65

Regional analysis

India

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Aristoplast Products Pvt. Ltd., Bright Brothers Ltd., Brix Industries, Cajon Plast Pvt. Ltd., Croma Plast Pvt. Ltd., Esquire Multiplast Pvt. Ltd., K.M.S. Plastworld Pvt. Ltd., MPH Group, National Plastics, Nilkamal Ltd., R.R. Enterprises, Rita International, Samruddhi Industries Ltd., Signet Group, Sintex Plastics Technology Ltd., Stackol Storage Systems, Sunshine Plastics, Swift Technoplast Private Ltd., The Supreme Industries Ltd., VIP Plastics, and White Plaast

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Plastic Crates Market in India Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive plastic crates market growth in India during the next five years
  • Precise estimation of the plastic crates market size in India and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the plastic crates industry in India  
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of plastic crates market vendors in India 

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1. Executive Summary                           

                1.1 Market Overview

                                Exhibit 01:  Executive Summary – Chart on Market Overview

                                Exhibit 02:  Executive Summary – Data Table on Market Overview

                                Exhibit 03:  Executive Summary – Chart on Global Market Characteristics

                                Exhibit 04:  Executive Summary – Chart on Market Segmentation by Material

                                Exhibit 05:  Executive Summary – Chart on Market Segmentation by End-user

                                Exhibit 06:  Executive Summary – Chart on Vendor Market Positioning

2. Market Landscape                             

                2.1 Market ecosystem             

                                Exhibit 07:  Parent market

                                Exhibit 08:  Market characteristics

3. Market Sizing                       

                3.1 Market definition

                                Exhibit 09:  Offerings of vendors included in the market definition

                3.2 Market segment analysis 

                                Exhibit 10:  Market segments

                3.3 Market size 2021 

                3.4 Market outlook: Forecast for 2021 - 2026 

                                Exhibit 11:  Chart on Global - Market size and forecast 2021-2026 ($ million)

                                Exhibit 12:  Data Table on Global - Market size and forecast 2021-2026 ($ million)

                                Exhibit 13:  Chart on Global Market: Year-over-year growth 2021-2026 (%)

                                Exhibit 14:  Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4. Five Forces Analysis                          

                4.1 Five Forces Summary        

                                Exhibit 15:  Five forces analysis - Comparison between 2021 and 2026

                4.2 Bargaining power of buyers           

                                Exhibit 16:  Bargaining power of buyers – Impact of key factors in 2021 and 2026

                4.3 Bargaining power of suppliers       

                                Exhibit 17:  Bargaining power of suppliers – Impact of key factors in 2021 and 2026

                4.4 Threat of new entrants    

                                Exhibit 18:  Threat of new entrants – Impact of key factors in 2021 and 2026

                4.5 Threat of substitutes         

                                Exhibit 19:  Threat of substitutes – Impact of key factors in 2021 and 2026

                4.6 Threat of rivalry   

                                Exhibit 20:  Threat of rivalry – Impact of key factors in 2021 and 2026

                4.7 Market condition

                                Exhibit 21:  Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Material               

                5.1 Market segments

                                Exhibit 22:  Chart on Material - Market share 2021-2026 (%)

                                Exhibit 23:  Data Table on Material - Market share 2021-2026 (%)

                5.2 Comparison by Material   

                                Exhibit 24:  Chart on Comparison by Material

                                Exhibit 25:  Data Table on Comparison by Material

                5.3 PE - Market size and forecast 2021-2026    

                                Exhibit 26:  Chart on PE - Market size and forecast 2021-2026 ($ million)

                                Exhibit 27:  Chart on PE - Market size and forecast 2021-2026 ($ million)

                                Exhibit 28:  Chart on PE - Year-over-year growth 2021-2026 (%)

                                Exhibit 29:  Data Table on PE - Year-over-year growth 2021-2026 (%)

                5.4 PP - Market size and forecast 2021-2026    

                                Exhibit 30:  Chart on PP - Market size and forecast 2021-2026 ($ million)

                                Exhibit 31:  Data Table on PP - Market size and forecast 2021-2026 ($ million)

                                Exhibit 32:  Chart on PP - Year-over-year growth 2021-2026 (%)

                                Exhibit 33:  Data Table on PP - Year-over-year growth 2021-2026 (%)

                5.5 PVC - Market size and forecast 2021-2026 

                                Exhibit 34:  Chart on PVC - Market size and forecast 2021-2026 ($ million)

                                Exhibit 35:  Data Table on PVC - Market size and forecast 2021-2026 ($ million)

                                Exhibit 36:  Chart on PVC - Year-over-year growth 2021-2026 (%)

                                Exhibit 37:  Data Table on PVC - Year-over-year growth 2021-2026 (%)

                5.6 Others - Market size and forecast 2021-2026           

                                Exhibit 38:  Chart on Others - Market size and forecast 2021-2026 ($ million)

                                Exhibit 39:  Data Table on Others - Market size and forecast 2021-2026 ($ million)

                                Exhibit 40:  Chart on Others - Year-over-year growth 2021-2026 (%)

                                Exhibit 41:  Data Table on Others - Year-over-year growth 2021-2026 (%)

                5.7 Market opportunity by Material   

                                Exhibit 42:  Market opportunity by Material ($ million)

6 Market Segmentation by End-user                              

                6.1 Market segments

                                Exhibit 43:  Chart on End-user - Market share 2021-2026 (%)

                                Exhibit 44:  Data Table on End-user - Market share 2021-2026 (%)

                6.2 Comparison by End-user  

                                Exhibit 45:  Chart on Comparison by End-user

                                Exhibit 46:  Data Table on Comparison by End-user

                6.3 Food and beverages - Market size and forecast 2021-2026 

                                Exhibit 47:  Chart on Food and beverages - Market size and forecast 2021-2026 ($ million)

                                Exhibit 48:  Data Table on Food and beverages - Market size and forecast 2021-2026 ($ million)

                                Exhibit 49:  Chart on Food and beverages - Year-over-year growth 2021-2026 (%)

                                Exhibit 50:  Data Table on Food and beverages - Year-over-year growth 2021-2026 (%)

                6.4 Industrial - Market size and forecast 2021-2026      

                                Exhibit 51:  Chart on Industrial - Market size and forecast 2021-2026 ($ million)

                                Exhibit 52:  Data Table on Industrial - Market size and forecast 2021-2026 ($ million)

                                Exhibit 53:  Chart on Industrial - Year-over-year growth 2021-2026 (%)

                                Exhibit 54:  Data Table on Industrial - Year-over-year growth 2021-2026 (%)

                6.5 Retail - Market size and forecast 2021-2026             

                                Exhibit 55:  Chart on Retail - Market size and forecast 2021-2026 ($ million)

                                Exhibit 56:  Data Table on Retail - Market size and forecast 2021-2026 ($ million)

                                Exhibit 57:  Chart on Retail - Year-over-year growth 2021-2026 (%)

                                Exhibit 58:  Data Table on Retail - Year-over-year growth 2021-2026 (%)

                6.6 Pharmaceutical - Market size and forecast 2021-2026          

                                Exhibit 59:  Chart on Pharmaceutical - Market size and forecast 2021-2026 ($ million)

                                Exhibit 60:  Data Table on Pharmaceutical - Market size and forecast 2021-2026 ($ million)

                                Exhibit 61:  Chart on Pharmaceutical - Year-over-year growth 2021-2026 (%)

                                Exhibit 62:  Data Table on Pharmaceutical - Year-over-year growth 2021-2026 (%)

                6.7 Others - Market size and forecast 2021-2026           

                                Exhibit 63:  Chart on Others - Market size and forecast 2021-2026 ($ million)

                                Exhibit 64:  Data Table on Others - Market size and forecast 2021-2026 ($ million)

                                Exhibit 65:  Chart on Others - Year-over-year growth 2021-2026 (%)

                                Exhibit 66:  Data Table on Others - Year-over-year growth 2021-2026 (%)

                6.8 Market opportunity by Material   

                                Exhibit 67:  Market opportunity by Material ($ million)

7. Customer landscape                         

                7.1 Customer landscape overview      

                                Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

                                Exhibit 68:  Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8. Drivers, Challenges, and Trends                   

                8.1 Market drivers     

                                8.1.1 Globalization and increasing international trade

                                8.1.2 Growing adoption of plastic crates

                                8.1.3 Growth of different end-user industries

                8.2 Market challenges              

                                8.2.1 Growing pollution due to increasing plastic waste generation

                                8.2.2 Stringent regulations

                                8.2.3 Growing price pressure on vendors

                8.3 Impact of drivers and challenges  

                                Exhibit 69:  Impact of drivers and challenges in 2021 and 2026

                8.4 Market trends      

                                8.4.1 Advent of plasticulture

                                8.4.2 The growing popularity of biopolymers

                                8.4.3 Increasing focus on recycling and management of plastic waste

9. Vendor Landscape                             

                9.1 Overview

                9.2 Vendor landscape

                                Exhibit 70:  Overview on Criticality of inputs and Factors of differentiation

                                The potential for the disruption of the market landscape was moderate in 2020, and its threat is expected to remain unchanged by 2025. 

                9.3 Landscape disruption        

                                Exhibit 71:  Overview on factors of disruption

                9.4 Industry risks        

                                Exhibit 72:  Impact of key risks on business

10. Vendor Analysis               

                10.1 Vendors covered              

                                Exhibit 73:  Vendors covered

                10.2 Market positioning of vendors    

                                Exhibit 74:  Matrix on vendor position and classification

                10.3 Aristoplast Products Pvt. Ltd.       

                                Exhibit 75:  Aristoplast Products Pvt. Ltd. - Overview

                                Exhibit 76:  Aristoplast Products Pvt. Ltd. - Product / Service

                                Exhibit 77:  Aristoplast Products Pvt. Ltd. - Key offerings

                10.4 Bright Brothers Ltd.         

                                Exhibit 78:  Bright Brothers Ltd. - Overview

                                Exhibit 79:  Bright Brothers Ltd. - Product / Service

                                Exhibit 80:  Bright Brothers Ltd. - Key offerings

                10.5 Cajon Plast Pvt. Ltd.         

                                Exhibit 81:  Cajon Plast Pvt. Ltd. - Overview

                                Exhibit 82:  Cajon Plast Pvt. Ltd. - Product / Service

                                Exhibit 83:  Cajon Plast Pvt. Ltd. - Key offerings

                10.6 Croma Plast Pvt. Ltd.       

                                Exhibit 84:  Croma Plast Pvt. Ltd. - Overview

                                Exhibit 85:  Croma Plast Pvt. Ltd. - Product / Service

                                Exhibit 86:  Croma Plast Pvt. Ltd. - Key offerings

                                Exhibit 87:  K.M.S. Plastworld Pvt. Ltd. - Overview          

                              Exhibit 88:  K.M.S. Plastworld Pvt. Ltd. - Product / Service           

                              Exhibit 89:  K.M.S. Plastworld Pvt. Ltd. - Key offerings   

                10.7 Nilkamal Ltd.      

                                Exhibit 90:  Nilkamal Ltd. - Overview

                                Exhibit 91:  Nilkamal Ltd. - Product / Service

                                Exhibit 92:  Nilkamal Ltd. - Key offerings

                                Exhibit 93:  R.R. Enterprises - Overview

                              Exhibit 94:  R.R. Enterprises - Product / Service

                              Exhibit 95:  R.R. Enterprises - Key offerings        

                10.8 Samruddhi Industries Ltd.             

                                Exhibit 96:  Samruddhi Industries Ltd. - Overview

                                Exhibit 97:  Samruddhi Industries Ltd. - Product / Service

                                Exhibit 98:  Samruddhi Industries Ltd. - Key offerings

                10.9 Sintex Plastics Technology Ltd.    

                                Exhibit 99:  Sintex Plastics Technology Ltd. - Overview

                                Exhibit 100:  Sintex Plastics Technology Ltd. - Product / Service

                                Exhibit 101:  Sintex Plastics Technology Ltd. - Key offerings

                10.10 The Supreme Industries Ltd.     

                                Exhibit 102:  The Supreme Industries Ltd. - Overview

                                Exhibit 103:  The Supreme Industries Ltd. - Business segments

                                Exhibit 104:  The Supreme Industries Ltd. - Key offerings

                                Exhibit 105:  The Supreme Industries Ltd. - Segment focus

11. Appendix                            

                11.1 Scope of the report         

                                11.1.1 ????Market definition

                                11.1.2 ????Objectives

                                11.1.3 ????Notes and caveats

                11.2 Inclusions and exclusions checklist            

                                Exhibit 106:  Inclusions checklist

                                Exhibit 107:  Exclusions checklist

                11.3 Currency conversion rates for US$            

                                Exhibit 108: ?Currency conversion rates for US$?

                11.4 Research Methodology 

                                Exhibit 109: ?Research Methodology

                                Exhibit 110: ??Validation techniques employed for market sizing?

                                Exhibit 111: ??Information sources

                11.5 List of abbreviations        

                                Exhibit 112: List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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Plastic Crates market growth will increase by $309.5 million during 2022-2026.
The plastic crates market is expected to grow at a CAGR of 7.94% during 2022-2026.
Technavio has segmented the plastic crates market by material (PE, PP, PVC, and Others) ,end-user (Food and beverages, Industrial, Retail, Pharmaceutical, and Others) , and geographic (India).
Aristoplast Products Pvt. Ltd., Bright Brothers Ltd., Brix Industries, Cajon Plast Pvt. Ltd., Croma Plast Pvt. Ltd., Esquire Multiplast Pvt. Ltd., K.M.S. Plastworld Pvt. Ltd., MPH Group, National Plastics, Nilkamal Ltd., R.R. Enterprises, Rita International, Samruddhi Industries Ltd., Signet Group, Sintex Plastics Technology Ltd., Stackol Storage Systems, Sunshine Plastics, Swift Technoplast Private Ltd., The Supreme Industries Ltd., VIP Plastics, White Plaast are a few of the key vendors in the plastic crates market.
APAC will register the highest growth rate of 100% among the other regions. Therefore, the plastic crates market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the plastic crates market growth are:
  • Globalization and increasing international trade
  • Advent of plasticulture
The plastic crates market vendors should focus on grabbing business opportunities from the pe segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
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  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
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