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 favor glass for its non-reactive and preservative qualities, manufacturers are turning to glass packaging to ensure product quality and extend shelf life. This trend is especially prominent in the alcoholic and non-alcoholic beverage sectors, where glass bottles are valued for their premium image and ability to preserve flavor.
Additionally, the pharmaceutical industry’s need for sterile, safe packaging is further driving demand for glass containers. Government regulations promoting eco-friendly and recyclable packaging materials are also significantly contributing to the market’s expansion, as sustainability becomes a priority across industries.
Technological advancements and innovations in the India glass packaging industry are major trends shaping the market. In addition to this, the introduction of lightweight glass and enhanced production techniques is reducing costs and improving the efficiency of glass packaging. Furthermore, the development of aesthetically appealing designs and customization options is attracting a broader range of consumers and brands looking to differentiate their products.
The increasing awareness of environmental sustainability among consumers is leading to a shift towards glass packaging as a greener alternative to plastic. In line with this, many companies are investing in recycling facilities and sustainable practices to meet the growing popularity of eco-friendly packaging solutions, which is anticipated to drive the India glass packaging market over the forecasted period.
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India Glass Packaging Market 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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