India Glass Bottles and Containers Market (2024-2030) | Industry, Revenue, Analysis, Companies, Size, Forecast, Growth, Share, Trends & Value

Topics Covered in India Glass Bottles and Containers Market Report

India Glass Bottles and Containers Market Report thoroughly covers the market by end-user. India Glass Bottles and Containers Market Outlook report provides an unbiased and detailed analysis of the ongoing India Glass Bottles and Containers Market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.

India Glass Bottles and Containers Market Synopsis

The India Glass Bottles and Containers Market has seen significant growth in recent years, driven by several key factors. One of the main contributors is the rising demand for alcoholic beverages in the country. The alcohol industry, valued at $52.4 billion in 2021, is expected to grow at a compound annual growth rate (CAGR) of 6.54% between 2023 and 2027, reaching $64 billion by 2027. India is poised to become the fifth-largest contributor to global market revenues in this sector, representing 2% of the country’s nominal GDP. Additionally, the liquor market is projected to expand by approximately 561 million cases by FY2027, significantly boosting the demand for glass bottles and containers.

According to 6Wresearch, India Glass Bottles and Containers Market revenues is projected to grow at a CAGR of 10.3% respectively during 2024E-2030F. Foreign direct investment (FDI) of US$ 1.71 billion in the eco-friendly packaging sector between 2000 and 2024 highlights the growing focus on sustainability. Companies like Swiss-based SIG setting up operations in India reflect this trend. With the non-alcoholic beverage market projected to reach USD 21.5 billion by 2028, growing at a CAGR of 6.72%, the demand for premium and sustainable packaging is rising. Glass bottles, known for their eco-friendliness and premium appeal, are increasingly favored, especially in segments like Indian Made Foreign Liquor (IMFL), Country Liquor (CL), and beer. As a result, the glass bottle market is expected to grow from 2,590,000 metric tonnes (MT) in 2023 to 3,697,000 MT by FY2024.

Additionally, India's growing focus on sustainable packaging is playing a crucial role in boosting the demand for glass containers. The Indian packaging industry, expected to grow at a CAGR of 26.7% to reach US$ 204.81 billion by 2025, is increasingly shifting towards eco-friendly solutions. Glass, being 100% recyclable and reusable, is emerging as a key alternative to plastic, particularly in the food and beverage sectors. As both industries grow and consumers continue to prioritize sustainability, the glass packaging sector is well-positioned to thrive in the years ahead.

Market Segmentation By End-User

By end users, the liquor industry holds the largest revenue share in the India Glass Bottles and Containers Market, with over 60% of glass bottles being utilized in this sector. Furthermore, the alcohol industry plays a crucial role in the national economy, offering opportunities for growth, job creation, and revenue generation. Looking ahead, the importance of India's alcohol industry is expected to increase. Therefore, it is essential to simplify its operational complexities, improve the Ease of Doing Business (EODB), and unlock its full potential for future growth.

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• India Glass Bottles and Containers Market Overview
• India Glass Bottles and Containers Market Outlook
• India Glass Bottles and Containers Market Forecast
• Historical Data and Forecast of India Glass Bottles and Containers Market Revenues and Revenue Share, for the Period 2020-2030F
• Historical Data and Forecast of India Glass Bottles and Containers Market Volume and Share, for the Period 2020-2030F
• Industry Life Cycle
• Porter’s Five Force Analysis
• India Glass Bottles and Containers Market Drivers and Restraints
• India Glass Bottles and Containers Market Trends and Evolution
• Market Opportunity Assessment, By Component
• Key Performance Indicators
• Market Import and Export Analysis
• Revenue Ranking, By Companies
• Market Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By End-User

• Liquor
• Beer
• Food
• Pharma
• Soft Drinks
• Others