India - Plastic Crates Market by Material and End-users - Forecast and Analysis 2023-2027

Published: Sep 2023 Pages: 136 SKU: IRTNTR40100

India - Plastic Crates Market 2023-2027:

The India - Plastic Crates Market size is estimated to grow at a CAGR of 8.09% between 2022 and 2027. The market size is forecast to increase by USD 336.79 million. The growth of the market depends on several factors, such as globalization and increasing international trade, the growing adoption of plastic crates, and the growth of different end-user industries.

This India Plastic Crates Market report extensively covers end-users (food and beverages, industrial, retail, pharmaceutical, and others) and materials (PE, PP, PVC, and others). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the India Plastic Crates Market During the Forecast Period?

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India Plastic Crates Market Dynamic

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.

India Plastic Crates Market Driver

The growth of different end-user industries is driving growth in the India plastic crates market. To foster regional cooperation, the Indian Government is increasing foreign trade and implementing a number of initiatives and domestic enterprises have led to extensive industrialization and resulted in the growth of various industries, including F and B, pharmaceutical, and retail. India is witnessing evolution in terms of consumer lifestyle and preferences. 

Moreover, the positive policy support through initiatives such as Make in India and industry-specific incentives for various manufacturing companies are also promoting the growth of various industries, the demand for efficient operations has increased, leading to a rise in the use of plastic crates. With the growth in various end-user industries, the demand for plastic crates for the efficient storage and transportation of goods will increase during the forecast period.

India Plastic Crates Market Trend

The increasing focus on recycling and management of plastic waste is a key trend in the India plastic crates market. While the usage and benefits of plastics are manifold, they are also invariably major polluting materials. The collection and recycling of plastics, as set out in national guidelines, are becoming increasingly important with a view to addressing the pollution problem effectively. In India, the focus on recycling plastics gained more popularity after a recent series of bans on single-use plastics as well as a growing commitment toward the recycling of plastics by the current Indian government. 

However, the segregation is incomplete without proper investment in the development of recycling centers. The increased recycling of plastics and the quantity of plastic waste management are anticipated as a result of consumer awareness and government support. It is expected to positively impact the growth of the India - Plastic Crates Market, as the plastic crates will not be viewed as an environmental threat and will attain greater adoption in the country during the forecast period.

India Plastic Crates Market Challenge

The growing price pressure on companies is a major challenge in the India plastic crates market. Increasing volatility in prices and steadily rising raw material prices are challenges for plastic crates vendors in India. The increases in the volatility of input prices for materials have made it more difficult for plastic crate producers to compete, as their manufacturing costs have increased. The volatile pricing of raw materials is estimated to negatively impact the margins of vendors and create a hindrance to the growth of the India - Plastic Crates Market. 

Moreover, incidents such as the recent attack on oil fields in Saudi Arabia also add to the increasing prices of crude oil. Thus, the prices of plastic crates are affected by the volatile price of oil and fluctuations in exchange rates, which is a challenge for the India - Plastic Crates Market. Due to such factors, the market will grow moderately during the forecast period.

Plastic Crates Market In India Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Plastic Crates Market in India Customer Landscape

Who are the Major India Plastic Crates Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Aristoplast Products Pvt. Ltd.- The company offers plastic crates such as 53200 SP crates, 53200 CHCC and FB crates, and 43320 CC and FB crates.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Bright Brothers Ltd.
  • Brix Industries
  • 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 Industries Ltd.
  • Sri Kamakshi Enterprises. 
  • Sunshine Plastics

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Largest-Growing Segment in the India Plastic Crates Market?

By End-User

The food and beverages segment is estimated to witness significant growth during the forecast period. The market share growth by the food and beverages segment will be significant during the forecast period. Food processing accounts for around 9% of the Indian manufacturing industry and has been experiencing above-average growth in recent years. This sector is a very fragmented industry and approximately 42% of its processing takes place in the unorganized sector.

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The food and beverages segment was the largest segment and was valued at USD 176.32 million in 2017. Plastic crates are used to store and transport packaged food and beverages. Automated stacking machinery high-pressure washing, sterilization, and temperature changes from the warehouse to refrigeration. can be handled by plastic crates. These features make plastic crates user-friendly, convenient, and efficient for the F&B industry. 

By Materials:

PE plastic crates are versatile and can be used in various industries such as agriculture, food and beverage, logistics, automotive, and pharmaceuticals. They are suitable for transporting and storing a wide range of goods, from fresh produce to manufactured products.  Due to the large coastline in India, most coastal regions have a very high humidity and this has led to increased demand for HDPE-based crates. The high demand for PE (polyethylene) plastic crates is influenced by various factors, including their versatility, durability, and suitability for a wide range of applications, which is expected to boost the growth of the PR segment as well as the market in focus during the forecast period.

Segment Overview

The India Plastic Crates Market report forecasts market growth by revenue and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • End-user Outlook (USD Million, 2017 - 2027)
    • Food and beverages
    • Industrial
    • Retail
    • Pharmaceutical
    • Others
  • Material Outlook (USD Million, 2017 - 2027)
    • PE
    • PP
    • PVC
    • Others

 

Plastic Crates Market In India Scope

Report Coverage

Details

Page number

136

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 8.09%

Market growth 2023-2027

USD 336.79 million

Market structure

Fragmented

YoY growth 2022-2023(%)

6.99

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Aristoplast Products Pvt. Ltd., Bright Brothers Ltd., Brix Industries, 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 Industries Ltd., Sri Kamakshi Enterprises. , Sunshine Plastics, Swift Technoplast Pvt. Ltd., The Supreme Industries Ltd., VIP Plastics, Vishakha Mouldings P. Ltd., 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 the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across India
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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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 Country Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Material
    • 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 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 11: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 12: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 13: Chart on India: Year-over-year growth 2022-2027 (%)
      • Exhibit 14: Data Table on India: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Plastic crates market in India 2017 - 2021
      • Exhibit 15: Historic Market Size – Data Table on plastic crates market in India 2017 - 2021 ($ million)
    • 4.2 End-user Segment Analysis 2017 - 2021
      • Exhibit 16: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.3 Material Segment Analysis 2017 - 2021
      • Exhibit 17: Historic Market Size – Material Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 25: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 26: Data Table on End-user - Market share 2022-2027 (%)
    • 6.2 Comparison by End-user
      • Exhibit 27: Chart on Comparison by End-user
      • Exhibit 28: Data Table on Comparison by End-user
    • 6.3 Food and beverages - Market size and forecast 2022-2027
      • Exhibit 29: Chart on Food and beverages - Market size and forecast 2022-2027 ($ million)
      • Exhibit 30: Data Table on Food and beverages - Market size and forecast 2022-2027 ($ million)
      • Exhibit 31: Chart on Food and beverages - Year-over-year growth 2022-2027 (%)
      • Exhibit 32: Data Table on Food and beverages - Year-over-year growth 2022-2027 (%)
    • 6.4 Industrial - Market size and forecast 2022-2027
      • Exhibit 33: Chart on Industrial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 34: Data Table on Industrial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Chart on Industrial - Year-over-year growth 2022-2027 (%)
      • Exhibit 36: Data Table on Industrial - Year-over-year growth 2022-2027 (%)
    • 6.5 Retail - Market size and forecast 2022-2027
      • Exhibit 37: Chart on Retail - Market size and forecast 2022-2027 ($ million)
      • Exhibit 38: Data Table on Retail - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Chart on Retail - Year-over-year growth 2022-2027 (%)
      • Exhibit 40: Data Table on Retail - Year-over-year growth 2022-2027 (%)
    • 6.6 Pharmaceutical - Market size and forecast 2022-2027
      • Exhibit 41: Chart on Pharmaceutical - Market size and forecast 2022-2027 ($ million)
      • Exhibit 42: Data Table on Pharmaceutical - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Chart on Pharmaceutical - Year-over-year growth 2022-2027 (%)
      • Exhibit 44: Data Table on Pharmaceutical - Year-over-year growth 2022-2027 (%)
    • 6.7 Others - Market size and forecast 2022-2027
      • Exhibit 45: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 46: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 48: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.8 Market opportunity by End-user
      • Exhibit 49: Market opportunity by End-user ($ million)
      • Exhibit 50: Data Table on Market opportunity by End-user ($ million)

    7 Market Segmentation by Material

    • 7.1 Market segments
      • Exhibit 51: Chart on Material - Market share 2022-2027 (%)
      • Exhibit 52: Data Table on Material - Market share 2022-2027 (%)
    • 7.2 Comparison by Material
      • Exhibit 53: Chart on Comparison by Material
      • Exhibit 54: Data Table on Comparison by Material
    • 7.3 PE - Market size and forecast 2022-2027
      • Exhibit 55: Chart on PE - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on PE - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on PE - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on PE - Year-over-year growth 2022-2027 (%)
    • 7.4 PP - Market size and forecast 2022-2027
      • Exhibit 59: Chart on PP - Market size and forecast 2022-2027 ($ million)
      • Exhibit 60: Data Table on PP - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Chart on PP - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on PP - Year-over-year growth 2022-2027 (%)
    • 7.5 PVC - Market size and forecast 2022-2027
      • Exhibit 63: Chart on PVC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 64: Data Table on PVC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Chart on PVC - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on PVC - Year-over-year growth 2022-2027 (%)
    • 7.6 Others - Market size and forecast 2022-2027
      • Exhibit 67: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by Material
      • Exhibit 71: Market opportunity by Material ($ million)
      • Exhibit 72: Data Table on Market opportunity by Material ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 73: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Drivers, Challenges, and Trends

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Exhibit 74: Impact of drivers and challenges in 2022 and 2027
        • 9.4 Market trends

          10 Vendor Landscape

          • 10.1 Overview
            • 10.2 Vendor landscape
              • Exhibit 75: Overview on Criticality of inputs and Factors of differentiation
            • 10.3 Landscape disruption
              • Exhibit 76: Overview on factors of disruption
            • 10.4 Industry risks
              • Exhibit 77: Impact of key risks on business

            11 Vendor Analysis

            • 11.1 Vendors covered
              • Exhibit 78: Vendors covered
            • 11.2 Market positioning of vendors
              • Exhibit 79: Matrix on vendor position and classification
            • 11.3 Aristoplast Products Pvt. Ltd.
              • Exhibit 80: Aristoplast Products Pvt. Ltd. - Overview
              • Exhibit 81: Aristoplast Products Pvt. Ltd. - Product / Service
              • Exhibit 82: Aristoplast Products Pvt. Ltd. - Key offerings
            • 11.4 Bright Brothers Ltd.
              • Exhibit 83: Bright Brothers Ltd. - Overview
              • Exhibit 84: Bright Brothers Ltd. - Product / Service
              • Exhibit 85: Bright Brothers Ltd. - Key offerings
            • 11.5 Brix Industries
              • Exhibit 86: Brix Industries - Overview
              • Exhibit 87: Brix Industries - Product / Service
              • Exhibit 88: Brix Industries - Key offerings
            • 11.6 Croma Plast Pvt. Ltd.
              • Exhibit 89: Croma Plast Pvt. Ltd. - Overview
              • Exhibit 90: Croma Plast Pvt. Ltd. - Product / Service
              • Exhibit 91: Croma Plast Pvt. Ltd. - Key offerings
            • 11.7 Esquire Multiplast Pvt. Ltd.
              • Exhibit 92: Esquire Multiplast Pvt. Ltd. - Overview
              • Exhibit 93: Esquire Multiplast Pvt. Ltd. - Product / Service
              • Exhibit 94: Esquire Multiplast Pvt. Ltd. - Key offerings
            • 11.8 K.M.S. Plastworld Pvt. Ltd.
              • Exhibit 95: K.M.S. Plastworld Pvt. Ltd. - Overview
              • Exhibit 96: K.M.S. Plastworld Pvt. Ltd. - Product / Service
              • Exhibit 97: K.M.S. Plastworld Pvt. Ltd. - Key offerings
            • 11.9 MPH Group
              • Exhibit 98: MPH Group - Overview
              • Exhibit 99: MPH Group - Product / Service
              • Exhibit 100: MPH Group - Key offerings
            • 11.10 National Plastics
              • Exhibit 101: National Plastics - Overview
              • Exhibit 102: National Plastics - Product / Service
              • Exhibit 103: National Plastics - Key offerings
            • 11.11 Nilkamal Ltd.
              • Exhibit 104: Nilkamal Ltd. - Overview
              • Exhibit 105: Nilkamal Ltd. - Product / Service
              • Exhibit 106: Nilkamal Ltd. - Key offerings
            • 11.12 R.R. Enterprises
              • Exhibit 107: R.R. Enterprises - Overview
              • Exhibit 108: R.R. Enterprises - Product / Service
              • Exhibit 109: R.R. Enterprises - Key offerings
            • 11.13 Rita International
              • Exhibit 110: Rita International - Overview
              • Exhibit 111: Rita International - Product / Service
              • Exhibit 112: Rita International - Key offerings
            • 11.14 Samruddhi Industries Ltd.
              • Exhibit 113: Samruddhi Industries Ltd. - Overview
              • Exhibit 114: Samruddhi Industries Ltd. - Product / Service
              • Exhibit 115: Samruddhi Industries Ltd. - Key offerings
            • 11.15 Signet Industries Ltd.
              • Exhibit 116: Signet Industries Ltd. - Overview
              • Exhibit 117: Signet Industries Ltd. - Product / Service
              • Exhibit 118: Signet Industries Ltd. - Key offerings
            • 11.16 Sunshine Plastics
              • Exhibit 119: Sunshine Plastics - Overview
              • Exhibit 120: Sunshine Plastics - Product / Service
              • Exhibit 121: Sunshine Plastics - Key offerings
            • 11.17 The Supreme Industries Ltd.
              • Exhibit 122: The Supreme Industries Ltd. - Overview
              • Exhibit 123: The Supreme Industries Ltd. - Business segments
              • Exhibit 124: The Supreme Industries Ltd. - Key offerings
              • Exhibit 125: The Supreme Industries Ltd. - Segment focus

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Exhibit 126: Inclusions checklist
                • Exhibit 127: Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Exhibit 128: Currency conversion rates for US$
              • 12.4 Research methodology
                • Exhibit 129: Research methodology
                • Exhibit 130: Validation techniques employed for market sizing
                • Exhibit 131: Information sources
              • 12.5 List of abbreviations
                • Exhibit 132: 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.

              INFORMATION 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

              DATA 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

              REPORT WRITING

              Qualitative

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

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              plastic crates market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • 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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              • Detailed vendors report with competitive landscape
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