Home Packaging Packaging Supplies India’s Paper Market

India’s Paper Market Size, Share & Trends Analysis Report By Type (Below 30 GSM, 30–60 GSM, 60–100 GSM), By Application (Newspaper, Printing and Writing, Decoration Papers, Pharmaceutical Packaging, Others) and Forecasts, 2026-2034

Last Updated: July 09, 2026 | Author: Straits Research | Format: | Report Code: SR532DR | Pages: 110

India’s Paper Market Size

India’s paper market size was valued at USD 13.80 billion in 2025 and is projected to grow from USD 14.75 billion in 2026 to reach USD 24.90 billion by 2034, growing at a CAGR of 6.8% during the forecast period, 2026–2034.

The number of daily-published newspapers in India is greater than that of any other nation in the world. Apart from this, 20 out of 100 of the world’s most-renowned newspapers are Indian. According to the Registrar of Newspapers in India, approximately 1,05,443 registered newspapers were published in 11 different languages in 2015. The constantly increasing population and rising literacy rates drive the demand for newspapers in India. However, the increasing newspaper demand trend in India contradicts the gradually declining global demand trend.

This is attributed to the comparatively lower penetration and adoption of digital media, rising literacy rates amongst all the states, and the availability of newspapers in local languages. Literacy rates in India are rising every year owing to the availability of better education facilities and several government initiatives regarding free education. The growing dependence of the literate population on newspapers due to the scarcity of electric supply in many cities and towns in India is projected to support the growth of the GSM paper market during the forecast period.

India’s Paper Market Size

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India’s Paper Market Growth Factor

The rising demand for GSM paper for medicine packaging is projected to bolster the growth of India’s paper market. The Indian pharmaceutical market is proliferating due to a large patient base, low manufacturing costs, the entry of international players, and the prominent presence of healthcare companies. Apart from this, the government has taken many initiatives for providing free medical services and medicines, which propels the demand for GSM paper from medicine packaging applications.

Top global players, including Johnson & Johnson, Hindustan Unilever, GlaxoSmithKline, Pfizer, Sun Pharmaceutical Industries Ltd., and Merck & Co., among others, have a strong presence. In December 2018, Hindustan Unilever Limited announced a merger with GlaxoSmithKline for the distribution of consumer healthcare brands such as Horlicks and Maltova Boost and oral healthcare brands such as Crocin, Eno, and Sensodyne. This merger would drive the demand for GSM paper further, as 30–60 GSM paper is used in the printing of pharmaceutical inserts, boxes, and leaflets. However, stringent government regulations have restricted the use of paper for work-related documents in India to avoid the excessive cutting of trees and improve data management. Along with this, the government is supporting other initiatives, such as the Clean India initiative, by restricting the use of paper.

Since 2014, the Digital India program has been focusing on the digitalization of all forms of work-related documents. This initiative is supporting the country to improve basic government services at a high pace. Restricted use of paper in India has adversely affected market growth in the last few years and is likely to continue the same way in the coming years.

Type Insights

The 30–60 GSM segment is expected to grow at the highest CAGR during the forecast period on account of increasing demand for food wrapping, packaging, and printing paper. Printing and writing is the largest consumer of paper and includes all types of papers used for magazines, catalogs, books, commercial printing, business forms, stationery, copying, and digital printing.

Country Insights

Based on the region, the market is segmented into West, East, North, South, and Central. In India, most of the paper mills are concentrated in Andhra Pradesh, Tamil Nadu, Maharashtra, Punjab, Madhya Pradesh, West Bengal, and Gujarat. The Indian paper production industry is strongly supported by farming, as raw materials required for paper production are obtained from various agricultural practices. This allows paper manufacturers to have easy access to primary raw materials such as wood and wastepaper.

Impact of Covid-19

People's lives and companies were affected by the COVID-19 outbreak worldwide. During the COVID-19 outbreak, delivery service companies confront several obstacles. Due to the tight restrictions, more people are purchasing online. In response, e-commerce and online retail & grocery enterprises faced a big issue in delivering groceries on time. By assigning delivery executives optimal routes, route optimization software helped to reduce vehicle idling time and enhance delivery executive productivity, therefore promoting the route optimization software business during the pandemic crisis.

List of Key and Emerging Players in India’s Paper Market

  • ITC Limited
  • JK Paper
  • Padumjee Mills
  • Century Pulp and paper
  • The west coast paper mills limited
  • NR Agrawal Industrial Limited
  • International Paper APPM Limited
  • Emami paper mills limited
  • Seshasayee paper and board limited
  • Trident limited
  • Kuantum paper limited
  • Sripathi Paper Pvt. Ltd
  • Dev Priya Products Pvt. Ltd
  • Dev Priya Industries Ltd
  • Bindals Paper Mills Ltd
  • Naini Group
  • Orient paper and Industries Ltd
  • Pudumjee Paper Product Ltd
  • Star Paper Mills Ltd.
  • Yash Paper Limited

Key Industry Developments

  • July 2025: Kuantum Papers successfully recommissioned its Paper Machine-4 following a major technological upgrade at its Punjab manufacturing facility. The modernization introduced advanced shoe press technology, enhanced automation, and improved drying systems, enabling higher production efficiency, superior paper quality, and expanded capability to manufacture premium writing, printing, and specialty paper grades.
  • May 2025: Seshasayee Paper and Boards Ltd. signed a long-term power purchase agreement (PPA) with Zelestra for the supply of 39 MW of hybrid solar-wind power to its manufacturing facilities in Tamil Nadu. The collaboration supports the company's sustainability strategy by increasing renewable energy adoption, reducing carbon emissions, and improving energy efficiency across its paper production operations.

Report Scope

Market Metric Details & Data (2025-2034)
Market Size in 2025 USD 13.80 Billion
Market Size in 2026 USD 14.75 Billion
Market Size in 2034 USD 24.90 Billion
CAGR 6.8% (2026-2034)
Base Year for Estimation 2025
Historical Data2022-2024
Forecast Period2026-2034
Study Period 2022-2034
Key Market Players ITC Limited, JK Paper, Padumjee Mills, Century Pulp and paper, The west coast paper mills limited
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered By Type, By Application

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Frequently Asked Questions (FAQs)

What is the estimated growth rate (CAGR) of the India’s Paper Market?
The market size is growing at a CAGR of 6.8% from 2026 to 2034.
Demand for GSM paper for medicine packaging is the key driver for the growth of this market.
The key players in this market are ITC Limited, JK Paper, Padumjee Mills, Century Pulp and paper, The west coast paper mills limited, NR Agrawal Industrial Limited, International Paper APPM Limited Emami paper mills limited, Seshasayee paper and board limited, Trident limited.

Author's Details


Straits Research

Straits Research Team

Straits Research

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