India Hempcrete Market Size & Outlook, 2025-2030
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India hempcrete market highlights
- The India hempcrete market generated a revenue of USD 369.1 million in 2024 and is expected to reach USD 562.7 million by 2030.
- The India market is expected to grow at a CAGR of 7.3% from 2025 to 2030.
- In terms of segment, wall was the largest revenue generating application in 2024.
- Floor is the most lucrative application segment registering the fastest growth during the forecast period.
Hempcrete market data book summary
| Market revenue in 2024 | USD 369.1 million |
| Market revenue in 2030 | USD 562.7 million |
| Growth rate | 7.3% (CAGR from 2025 to 2030) |
| Largest segment | Wall |
| Fastest growing segment | Floor |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wall, Floor, Roof |
Other key industry trends
- In terms of revenue, India accounted for 1.4% of the global hempcrete market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China hempcrete 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 562.7 million by 2030.
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Hempcrete Market Scope
Hempcrete Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hempitecture | View profile | 1-10 | Ketchum, Idaho, United States, North America | https://www.hempitecture.com/ |
| Just BioFiber | View profile | 11-50 | Calgary, Alberta, Canada, North America | http://justbiofiber.ca/ |
| Lime Technology | View profile | 1-10 | Ioánnina, Ioannina, Greece, Europe | http://www.lime-technology.gr |
| Hempcrete Natural Building | View profile | 1-10 | Vancouver, British Columbia, Canada, North America | https://www.hempcrete.ca/ |
| IsoHemp | View profile | 11-50 | Namur, Namur, Belgium, Europe | https://www.isohemp.com/fr/ |
India hempcrete 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 hempcrete market will help companies and investors design strategic landscapes.
Wall was the largest segment with a revenue share of 48.9% in 2024. Horizon Databook has segmented the India hempcrete market based on wall, floor, roof covering the revenue growth of each sub-segment from 2018 to 2030.
India’s hempcrete market is gaining traction, fueled by a growing focus on sustainable and affordable housing solutions. The government’s push for green building practices and initiatives like Smart Cities Mission is driving demand for eco-friendly materials. However, challenges such as limited hemp cultivation, lack of awareness, and high costs restrict widespread adoption.
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Target buyers of India hempcrete market databook
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Our clientele includes a mix of hempcrete market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India hempcrete market , including forecasts for subscribers. This country databook contains high-level insights into India hempcrete market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India hempcrete market size, by application, 2018-2030 (US$M)
India Hempcrete Market Outlook Share, 2024 & 2030 (US$M)
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