India Glass Manufacturing Market Size & Outlook, 2021-2030
India glass manufacturing market, 2018-2030 (US$M)
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India glass manufacturing market highlights
- The India glass manufacturing market generated a revenue of USD 1,505.8 million in 2021 and is expected to reach USD 2,810.4 million by 2030.
- The India market is expected to grow at a CAGR of 7.2% from 2022 to 2030.
- In terms of segment, container glass was the largest revenue generating material in 2021.
- Fiber Glass is the most lucrative material segment registering the fastest growth during the forecast period.
Glass manufacturing market data book summary
| Market revenue in 2021 | USD 1,505.8 million |
| Market revenue in 2030 | USD 2,810.4 million |
| Growth rate | 7.2% (CAGR from 2021 to 2030) |
| Largest segment | Container glass |
| Fastest growing segment | Fiber Glass |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Container Glass, Flat Glass, Fiber Glass |
| Key market players worldwide | AGC Inc, Fuyao Glass Industry Group Co Ltd ADR, Compagnie de Saint-Gobain SA, O-I Glass Inc, Vitro SAB de CV Class A, Luck Oka film Pharmaceutical, Nihon Yamamura Glass, Guardian Glass Services, AGI glaspac, 3B Fiberglass |
Other key industry trends
- In terms of revenue, India accounted for 1.4% of the global glass manufacturing market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China glass manufacturing market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,810.4 million by 2030.
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Glass Manufacturing Market Scope
Glass Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
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India glass manufacturing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to glass manufacturing market will help companies and investors design strategic landscapes.
Container glass was the largest segment with a revenue share of 49.51% in 2021. Horizon Databook has segmented the India glass manufacturing market based on container glass, flat glass, fiber glass covering the revenue growth of each sub-segment from 2018 to 2030.
India is among the fastest-growing economies in the world and is witnessing positive growth owing to rising government initiatives, such as Make in India and Atmanirbhar Bharat, which, in turn, are promoting the country’s manufacturing and infrastructure sectors and encouraging FDIs.
This is expected to augment manufacturing of automobiles and electronics, and construction activities, and in turn, boost the demand for glass. The packaging industry witnessed investments as a result of growth of F&B and pharmaceutical industries.
The government has introduced various policies, such as Faster Adoption and Manufacturing of Hybrid & Electric Vehicle (FAME) and Production Link Scheme, for the automobile sector, which is anticipated to positively aid the glass market over the forecast period.
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Our clientele includes a mix of glass manufacturing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India glass manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into India glass manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India glass manufacturing market size, by material, 2018-2030 (US$M)
India Glass Manufacturing Market Outlook Share, 2021 & 2030 (US$M)
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