Sector Snapshot · Paper Forest & Jute Products

India's Paper and Packaging Industry Scales With E-Commerce

A fast-read primer on India's paper, forest and jute products sector — the backdrop against which we benchmark every company's cost structure in this category.

India's share of global paper production (ranks 15th)

30 mn tonnes

Projected paper demand by 2027

US$84 bn

Packaging industry value, 2024

850

Number of paper mills in India

95.03%

Industry capacity utilisation rate, 2024-25

Both the Paper Market and Packaging Industry Keep Growing

Steady demand from FMCG, e-commerce and education is pushing both segments higher.

Paper & Packaging Market (US$ billion)

2025 → 2033 forecast

$12.9bn

2025

$21.7bn

2033F

Packaging Industry Value (US$ billion)

2024 → 2029 forecast

$84bn

2024

$143bn

2029F

What's Pushing the Sector Forward

Global scale, rising packaging demand, and supportive policy define this category.

Global Position

5% of global paper production, ranks 15th worldwide

Rising Demand

Packaging is growing at 22-25% annually

Policy Support

100% FDI under the automatic route
GST on packaging reduced to 5%

Recent Developments

A sample of the industry-wide and policy moves shaping the sector through early 2026.

→ India's paper and packaging market is projected to grow steadily, reaching $21.7 billion by 2033.
→ The packaging industry, valued at $84 billion in 2024, is projected to reach $143 billion by 2029 at an 11% CAGR.
→ India has ~850 paper mills producing ~25 million tonnes of paper annually, expected to rise to ~35 million tonnes by FY30.
→ GST on packing paper, cartons and corrugated boxes has been reduced to 5%, lowering logistics costs for e-commerce.
→ Cumulative FDI inflows in the paper and pulp sector reached Rs10,367.64 crore since April 2000.
→ Sustainability leaders like ITC, TNPL and JK Paper are advancing circular-economy practices.

Companies We Benchmark in This Sector

Listed Indian Paper Forest & Jute Products companies in tDoBe's cost-benchmarking coverage.

JK Paper

West Coast Paper

Seshasayee Paper

Andhra Paper

T N Newsprint

Pudumjee Paper

N R Agarwal Industries

Gloster Ltd

Kuantum Papers

Emami Paper

Cheviot Company

Satia Industries

Shree Rama Newsprint

Ludlow Jute

Orient Paper

Pakka

Ruchira Papers

Genus Paper & Boards

See How These Companies Compare on Cost

The numbers above set the stage. Our Report translates it into a company-by-company cost benchmark — down to the category — so you can see exactly where a business sits against its peers.

Explore the Paper Forest & Jute Products Report