Product Code: ETC127769 | Publication Date: Jun 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India pyrotechnics market is expected to witness a healthy growth rate over the forecast period of 2025-2031, driven by the increasing demand for fireworks and firecrackers in India. Moreover, the rising safety concerns among consumers has led to an increased demand for improved quality and more reliable pyrotechnic products in India. Additionally, government initiatives promoting innovation and research & development activities are anticipated to further bolster the market growth over the forecast period.
Increasing Demand For Fireworks And Firecrackers: The growing demand for fireworks and firecrackers during various festivals such as Diwali, New Year?s Eve etc., has catalyzed the growth of Indian pyrotechnics industry. This trend is likely to continue during the forecast period owing to consumer preference towards aesthetically appealing firework displays and high noise output from crackers that enhance festivities moods amongst people. Rising Safety Concerns Among Consumers: There has been a rise in safety related concerns with respect to use of traditional crackers due their airborne pollutants which causes health hazards such as respiratory problems or hearing impairment upon contact with humans or animals; this factor is driving consumers towards adopting green crackers launched by Council of Scientific & Industrial Research (CSIR) under its Green Technology Mission initiative which utilizes low-emission chemicals while manufacturing crackers thus reducing air pollution up-to 30%.
High Cost Of Manufacturing Pyrotechnic Products: One of major challenges faced by manufacturers operating in Indian pyrotechnics market lies within high cost associated with production process owing stringent regulations imposed on them; these regulations include usage limit for hazardous substances used while manufacturing certain types of items alongside requirement pertaining obtaining license from Petroleum & Explosives Safety Organization (PESO) before performing any type commercial activity involving explosives or inflammable substances thereby making whole process expensive ultimately leading higher price points eventually impacting sales volumes adversely at times.
Emergence Of Digital Platform To Sell Pyro Products Across Country : In order comply with government norms regarding social distancing amid COVID-19 pandemic outbreak vendors are rapidly adopting digital platforms offer customers convenient buying experience wherein they can purchase wide range products including pyro ones through ecommerce websites sitting their homes without need worrying about availability locations nearby.
Some key players operating across Indian pyro technics market includes Standard Fireworks , Siv
India Pyrotechnics |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Pyrotechnics Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Pyrotechnics Market Revenues & Volume, 2021 & 2031F |
3.3 India Pyrotechnics Market - Industry Life Cycle |
3.4 India Pyrotechnics Market - Porter's Five Forces |
3.5 India Pyrotechnics Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Pyrotechnics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 India Pyrotechnics Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 India Pyrotechnics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Pyrotechnics Market Trends |
6 India Pyrotechnics Market, By Types |
6.1 India Pyrotechnics Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Pyrotechnics Market Revenues & Volume, By Product, 2018 - 2031F |
6.1.3 India Pyrotechnics Market Revenues & Volume, By Signaling, 2018 - 2031F |
6.1.4 India Pyrotechnics Market Revenues & Volume, By Screening and Illumination, 2018 - 2031F |
6.1.5 India Pyrotechnics Market Revenues & Volume, By Law Enforcement & Crowd Control, 2018 - 2031F |
6.2 India Pyrotechnics Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 India Pyrotechnics Market Revenues & Volume, By Proximate Pyrotechnics, 2018 - 2031F |
6.2.3 India Pyrotechnics Market Revenues & Volume, By Consumer Pyrotechnics, 2018 - 2031F |
6.2.4 India Pyrotechnics Market Revenues & Volume, By Display Pyrotechnics, 2018 - 2031F |
6.2.5 India Pyrotechnics Market Revenues & Volume, By Others, 2018 - 2031F |
6.3 India Pyrotechnics Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 India Pyrotechnics Market Revenues & Volume, By Signal Cartridges, 2018 - 2031F |
6.3.3 India Pyrotechnics Market Revenues & Volume, By Hand-Fired Rocket, 2018 - 2031F |
6.3.4 India Pyrotechnics Market Revenues & Volume, By Grenades, 2018 - 2031F |
6.3.5 India Pyrotechnics Market Revenues & Volume, By Trip-Flare, 2018 - 2031F |
6.3.6 India Pyrotechnics Market Revenues & Volume, By Solar Flare, 2018 - 2031F |
6.3.7 India Pyrotechnics Market Revenues & Volume, By CS Smoke Pellets, 2018 - 2031F |
7 India Pyrotechnics Market Import-Export Trade Statistics |
7.1 India Pyrotechnics Market Export to Major Countries |
7.2 India Pyrotechnics Market Imports from Major Countries |
8 India Pyrotechnics Market Key Performance Indicators |
9 India Pyrotechnics Market - Opportunity Assessment |
9.1 India Pyrotechnics Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Pyrotechnics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 India Pyrotechnics Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 India Pyrotechnics Market - Competitive Landscape |
10.1 India Pyrotechnics Market Revenue Share, By Companies, 2024 |
10.2 India Pyrotechnics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |