Written by Tushar Imarc » Updated on: November 19th, 2024
IMARC Group, a leading market research company, has recently releases report titled “India Glass Packaging Market Report by Type (Bottles/Containers, Vials, Ampoules, Jars), End Use Vertical (Pharmaceuticals, Personal Care, Household Care, Agricultural, and Others), and Region 2024-2032”. The 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 growing utilization from various end-use industries, including food and beverage, pharmaceuticals, cosmetics, etc., are the factors responsible for the growth of the India glass packaging market. Additionally, the rising consumer choice for sustainable and eco-friendly packaging solutions is a significant driver, as glass is 100% recyclable and has minimal environmental impact. Besides this, the growth of the beverage industry, particularly in segments like alcoholic drinks, juices, and dairy products, is boosting the demand for glass bottles and jars.
Moreover, the need in the pharmaceutical industry for safe and inert packaging for medicines and vaccines further propels the market. The aesthetic appeal and premium feel of glass packaging are attracting high-end product manufacturers in the cosmetics and personal care sectors.
Request to Get the Sample Report: https://www.imarcgroup.com/india-glass-packaging-market/requestsample
India Glass Packaging Market Trends:
Key trends in the India glass packaging market include the increasing focus on innovation and design to meet diverse consumer preferences and industry needs. In addition to this, manufacturers are investing in advanced technologies to produce lightweight and durable glass containers, which help reduce transportation costs and enhance product safety. The shift towards smart packaging solutions, integrating QR codes and other digital features, is gaining traction, offering consumers enhanced product information and traceability. Furthermore, the emphasis on customization and branding is driving demand for unique shapes, colors, and designs in glass packaging. The initiatives by government authorities to ban single-use plastics are also influencing the market, encouraging businesses to adopt glass as a viable alternative, which is anticipated to drive the India glass packaging market over the forecasted period.
India Glass Packaging Market Segmentation:
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
Ask Analyst for Customization and Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=22086&flag=C
Key Highlights of the Report:
• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• 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 leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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