India glass packaging market size reached US$ 6.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 9.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.50% during 2024-2032. The expanding beverage industry, including alcoholic and non-alcoholic beverages, which relies heavily on glass packaging to protect the contents from external factors, is primarily driving the regional market.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 6.2 Billion |
Market Forecast in 2032
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US$ 9.4 Billion |
Market Growth Rate 2024-2032 | 4.50% |
Glass packaging refers to the use of glass containers for storing and transporting various products, ranging from beverages to food items. Glass is a versatile and eco-friendly material that offers several advantages. It is impermeable, ensuring the preservation of the product's quality by preventing any interaction with external elements. Glass is also recyclable, promoting sustainability and reducing environmental impact. The transparency of glass allows consumers to visually assess the contents, fostering trust and quality assurance. Moreover, glass is non-reactive, preserving the taste and purity of the stored items. Despite being heavier than some alternative materials, the durability and inert nature of glass make it an ideal choice for preserving the integrity of diverse products, contributing to a circular economy and minimizing waste.
The glass packaging market in India is thriving due to various key drivers linking sustainability with consumer preferences. Firstly, the increasing regional awareness of environmental issues has propelled the demand for eco-friendly packaging solutions, positioning glass as a frontrunner. Moreover, consumers are increasingly gravitating towards products that offer a premium and high-quality image, and glass packaging aligns seamlessly with this trend, establishing itself as a symbol of sophistication and purity. Additionally, the health and safety aspects associated with glass packaging contribute significantly to its market growth. Glass is inert and non-reactive, ensuring the preservation of the product's integrity without any risk of chemical contamination. This feature resonates particularly well in the pharmaceutical and food industries, where maintaining product purity is paramount. Furthermore, the regulatory landscape advocating for sustainable practices and reduced carbon footprints has spurred industries to opt for recyclable materials, further boosting the glass packaging market. As regional initiatives intensify to reduce single-use plastics, glass emerges as a sustainable alternative, gaining favor in diverse sectors. In conclusion, the confluence of environmental consciousness, consumer preferences, health considerations, and regulatory mandates act as cohesive drivers propelling the glass packaging market forward in India.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on type and end use vertical.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes bottles/containers, vials, ampoules, and jars.
End Use Vertical Insights:
A detailed breakup and analysis of the market based on the end use vertical have also been provided in the report. This includes pharmaceuticals, personal care, household care, agricultural, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East and Northeast India.
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Billion |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Types Covered | Bottles/Containers, Vials, Ampoules, Jars |
End Use Verticals Covered | Pharmaceuticals, Personal Care, Household Care, Agricultural, Others |
Regions Covered | North India, West and Central India, South India, East and Northeast India |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |