India Matches Market (2025-2031) Outlook | Trends, Growth, Forecast, Revenue, Industry, Share, Size, Value, Companies & Analysis

India Matches Market Synopsis

IndiamatchMarketis one of the most important and fastest growing segments in India economy. It has witnessed a phenomenal growth rate over past few years due to rising demand from domestic as well as international customers. The increasing awareness about health benefits associated with using matches, coupled with increased disposable incomes have further triggered the demand for this product segment in India. In 2018, the match market was estimated at around INR 45 billion and is anticipated to grow at an impressive CAGR of more than 10.3%in the forthcoming years.

Market Drivers

The key factors driving the growth of this sector include increased consumer preference for branded products, improved safety measures associated with matchboxes, easy availability through organized retail channels, promotional activities by leading brands like ITC Limited and Godfrey Phillips India Ltd., increasing usage in rural areas & diversified end uses such as insecticides & firecrackers. Growing urbanization across India cities has also played its part in boosting sales of matches significantly over time. Other major drivers include changing lifestyles & shifting preference towards convenience products which are easy to use & carry along while traveling or camping outdoors etc.

Challenges of the Market

Although the prospects seem promising there are certain challenges faced by manufacturers operating within this category such as high raw material costs due to fluctuating prices of wood pulp, environmental concerns related to deforestation caused by excessive tree cutting for producing match sticks and lack of adequate infrastructure facilities required for manufacturing process which may lead to production delays affecting overall business operations adversely. Moreover stringent regulations imposed on packaging designs impacting visibility/promotions thereby reducing shelf life considerably have posed another challenge before leading players. Besides these issues competition from China based companies offering cheaper substitutes is yet another hurdle hindering progress made so far by India players.

Key Players in the Market

Some major companies operating within India Match Industry include ITC Ltd., Godfrey Philips India Ltd., Jyoti International Pvt Ltd., Kasturi Match Works Private Limited , Shri Mahavir Safety Matches Pvt Ltd , Prakash Industries etc.

Key Highlights of the Report:

• India Matches Market Outlook
• Market Size of India Matches Market, 2024
• Forecast of India Matches Market, 2031
• Historical Data and Forecast of India Matches Revenues & Volume for the Period 2021-2031
• India Matches Market Trend Evolution
• India Matches Market Drivers and Challenges
• India Matches Price Trends
• India Matches Porter's Five Forces
• India Matches Industry Life Cycle
• Historical Data and Forecast of India Matches Market Revenues & Volume By Product for the Period 2021-2031
• Historical Data and Forecast of India Matches Market Revenues & Volume By Match Boxes for the Period 2021-2031
• Historical Data and Forecast of India Matches Market Revenues & Volume By Match Books for the Period 2021-2031
• Historical Data and Forecast of India Matches Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of India Matches Market Revenues & Volume By Supermarkets and Hypermarkets for the Period 2021-2031
• Historical Data and Forecast of India Matches Market Revenues & Volume By Independent Retailers for the Period 2021-2031
• Historical Data and Forecast of India Matches Market Revenues & Volume By Convenience Stores for the Period 2021-2031
• Historical Data and Forecast of India Matches Market Revenues & Volume By Specialist Retailers for the Period 2021-2031
• Historical Data and Forecast of India Matches Market Revenues & Volume By Online Retailers for the Period 2021-2031
• India Matches Import Export Trade Statistics
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Application
• India Matches Top Companies Market Share
• India Matches Competitive Benchmarking By Technical and Operational Parameters
• India Matches Company Profiles
• India Matches Key Strategic Recommendations