India Plastic Contract Manufacturing Market Size & Outlook

The plastic contract manufacturing market in India is expected to reach a projected revenue of US$ 3,175.2 million by 2028. A compound annual growth rate of 7.2% is expected of India plastic contract manufacturing market from 2021 to 2028.
Revenue, 2020 (US$M)
$1,815.6
Forecast, 2028 (US$M)
$3,175.2
CAGR, 2021 - 2028
7.2%
Report Coverage
India

India plastic contract manufacturing market highlights

  • The India plastic contract manufacturing market generated a revenue of USD 1,815.6 million in 2020 and is expected to reach USD 3,175.2 million by 2028.
  • The India market is expected to grow at a CAGR of 7.2% from 2021 to 2028.
  • In terms of segment, polypropylene was the largest revenue generating product in 2020.
  • ABS is the most lucrative product segment registering the fastest growth during the forecast period.

Plastic contract manufacturing market data book summary

Market revenue in 2020USD 1,815.6 million
Market revenue in 2028USD 3,175.2 million
Growth rate7.2% (CAGR from 2020 to 2028)
Largest segmentPolypropylene
Fastest growing segmentABS
Historical data2017 - 2019
Base year2020
Forecast period2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationPolypropylene, ABS, Polyethylene, Polystyrene
Key market players worldwideNolato AB Class B, McClarin Plastics, EVCO Plastics, C&J Industries, Inc, Plastikon Industries, Rsp Inc., Mack Group, Tessy Plastics Corporation, Inzign, Genesis Plastics Welding, Baytech Plastics, Gregstrom Corporation, Natech Plastics, PTI Engineered Plastics, Rosti Group

Other key industry trends

  • In terms of revenue, India accounted for 6.1% of the global plastic contract manufacturing market in 2020.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2028.
  • In Asia Pacific, China plastic contract manufacturing market is projected to lead the regional market in terms of revenue in 2028.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,175.2 million by 2028.

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Plastic Contract Manufacturing Market Scope

Plastic Contract Manufacturing Market Companies

Name Profile # Employees HQ Website

India plastic contract 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 plastic contract manufacturing market will help companies and investors design strategic landscapes.


Polypropylene was the largest segment with a revenue share of 34.1% in 2020. Horizon Databook has segmented the India plastic contract manufacturing market based on polypropylene, abs, polyethylene, polystyrene covering the revenue growth of each sub-segment from 2017 to 2028.


  • India Plastic Contract Manufacturing Product Outlook (Revenue, USD Million, 2017-2028)
    • Polypropylene
    • ABS
    • Polyethylene
    • Polystyrene
    • Others
  • India Plastic Contract Manufacturing Application Outlook (Revenue, USD Million, 2017-2028)
    • Medical
    • Aerospace & defense
    • Automotive
    • Consumer Goods and appliances
    • Others

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  • Our clientele includes a mix of plastic contract 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 plastic contract manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into India plastic contract manufacturing market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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India plastic contract manufacturing market size, by product, 2017-2028 (US$M)

India Plastic Contract Manufacturing Market Outlook Share, 2020 & 2028 (US$M)

India plastic contract manufacturing market size, by product, 2017-2028 (US$M)

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