Where Are Indian Paper & Jute Stocks Headed in 2025? Part 1

Paper Industry Outlook Revenue Growth: ICRA expects 6–9% revenue growth in FY25, driven by packaging sector expansion and overall demand recovery. Source: ICRA Consumption Trends: Domestic paper consumption is projected to grow from 16 million TPA to 23.5 million TPA by 2025–26. Source: Maximize Market Research Import Pressure: India became a net importer in FY24 due to duty-free imports from ASEAN countries and China, impacting domestic margins. Source: DT Next Raw Material Costs: High prices of hardwood pulp and local wood are tightening margins; companies are focusing on cost optimization. Source: DT Next Packaging Sector Dynamics Market Expansion: The Indian paper & paperboard packaging market is forecasted to grow at a 6.63% CAGR till 2030. Source: Mordor Intelligence Technology Shift: Investments in automation and sustainable material development are enhancing efficiency and product quality. Source: Mordor Intelligence Regulatory Boost: Bans on single-use plastic are increasing demand for paper-based packaging across FMCG and retail. Source: Mordor Intelligence