India’s FMCG Market By Material Type (Paper & Paperboard, Plastics, Metal and Glass), By Application (Food & Beverages, Pharmaceutical Industry, and Household and Personal Care) - Trends, Analysis and Forecast till 2034

India FMCG Market Size was valued at USD 164.3 Billion in 2024 and is projected to grow at a CAGR of 21.7%to reach USD 985.25 Billion by 2034.

(FMCG) Fast Moving Consumer Goods are items which are sold minimum & rapidly cost. These are non-durable products such as packaged foods, medicate, drinks, and even other various consumables. It incorporates primary and also secondary packaging. Packaging grants effective correspondence between the buyers and brand proprietors through colors, logos, graphics, pictures, & product data. The prominent items in the market contain laminated pouches, standup pouches, zipper pouches, BOPP sacks, cling film, also extrusion laminates among different products.

Increasing population

Growing population across the world coupled with increasing disposable income is one of the major factors expected to drive revenue growth of the target market over the forecast period. In addition, these good are an integral part of day-to-day life, as they are consumed in daily routine, for instance, toothpaste is one of the common product which is used to keep teeth clean. These goods are often sold by various retail stores including supermarkets, hypermarkets, grocery stores, online stores, etc.

Increased use of internet and smartphones

The increasing penetration of internet and smartphone involving social media has led to awareness regarding availability of these products in online store which is a factor expected to support revenue growth of the India’s FMCG market.

Adoption of new strategies by manufacturers

Moreover, manufacturers are also adopting various strategies including launch of new products at competitive prices and advancements in existing products which is expected to augment target market growth over the forecast period.

Fluctuating cost of raw materials

The cost of raw materials fluctuate frequently is restraining factors for the growth of the target market. Additionally, fragmentation of the market is another hampering factor for the growth of the India’s FMCG market.

The India’s FMCG market is segmented based on material type and application

On the basis of material type, the India’s FMCG market is segmented into paper & paper board, plastics, metal, glass. On the basis of application, the target market is bifurcated into food & beverages, pharmaceutical industry, and household and personal care.

Segments Covered in the Report:

This report forecasts revenue provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the India’s FMCG market report based on material type and application:

India’s Food Processing Industry Market, By Material Type:

• Paper & Paper Board
• Plastic
• Metal
• Glass

India’s Food Processing Industry Market, By Application:

• Food & Beverages
• Pharmaceutical Industry
• Household
• Personal Care

The key players operating the India’s Food Processing Industry Market includes Hindustan Unilever, Colgate Palmolive, ITC Limited, Nestle, Parle Agro, Britannia Industries Limited, Marico Limited, Procter and Gamble, The Godrej Group, and Amul. For instance, in 2019, Hindustan Unilever declared ambitious new commitments for a waste-free world.

• Hindustan Unilever
• Colgate Palmolive
• ITC Limited
• Nestle
• Parle Agro
• Britannia Industries Limited
• Marico Limited
• Procter and Gamble
• The Godrej Group
• Amul