Key Market Indicators
India's plastic packaging exports are projected to reach $1.1 billion by 2026, up from $934 million in 2021, according to a report from the World Trade Organization. This translates to an average yearly growth rate of 3.2%. Since 1993, Indian supply has grown 7.5% annually. In 2021, India ranked 17th in exports, with Austria leading the pack at $934 million. The US, Germany, and France occupied the next three spots. Meanwhile, India's plastic packaging imports are expected to reach $457 million by 2026, up from $384 million in 2021. The average yearly growth rate of 3% since 1993. India was 32nd in imports in 2021, with Brazil at the top at $384 million. Germany, France, and Mexico were in the next three positions.
