India Glass Packaging Market Overview
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 4.50% (2024-2032)
Market Size in 2023: USD 6.2 Billion
Market Size in 2032: USD 9.4 Billion
The glass packaging market in India is growing rapidly, driven by demand in beverages, pharmaceuticals, and cosmetics sectors. According to the latest report by IMARC Group, the market reached USD 6.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 9.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.50% during 2024-2032.
India Glass Packaging Market Trends and Drivers:
The rising demand from the food and beverage industry is a key driver of growth in India’s glass packaging market. As consumers increasingly opt for glass due to its non-reactive and preservative properties, manufacturers are embracing it to ensure product quality and longer shelf life. This trend is especially prominent in the alcoholic and non-alcoholic beverage sectors, where glass bottles are preferred for their premium feel and ability to retain flavor.
Additionally, the pharmaceutical industry's need for sterile and safe packaging is further increasing demand for glass containers. Government regulations encouraging eco-friendly and recyclable materials also contribute significantly to market expansion.
Technological advancements and innovations are shaping India's glass packaging industry. The introduction of lightweight glass and improved production techniques is reducing costs and enhancing packaging efficiency. Moreover, aesthetically appealing designs and customization options are attracting more consumers and brands looking to stand out.
Growing environmental sustainability awareness is driving a shift toward glass as a greener alternative to plastic. Companies are investing in recycling and sustainable practices to meet the rising demand for eco-friendly packaging, which is expected to fuel market growth in the coming years.
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India Glass Packaging Industry Segmentation:
The report has segmented the market into the following categories:
Breakup by Type:
Bottles/Containers
Vials
Ampoules
Jars
Breakup by End Use Vertical:
Pharmaceuticals
Personal Care
Household Care
Agricultural
Others
Breakup by Region:
North India
West and Central India
South India
East and Northeast India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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Key highlights of the Report:
Market Performance (2018-2023)
Market Outlook (2024-2032)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Strategic Recommendations
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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