The market is dominated by foreign suppliers, as imports account for 52.2% of total market size in 2022. B2B drives market demand, with B2B spending representing 100% of total demand in 2022. India has the fifth largest market size for machinery for rubber, plastics and paper industries and other special purpose machinery regionally, with demand reaching USD12.5 billion in 2022. Technova Imaging Systems Pvt Ltd is the largest company in India, generating 2.0% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 5.1% of total production value in 2022. The total number of companies increases in 2022, to 345,818 units. The costs of the industry increase by 2.1% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 19.9% of production value in 2022, the highest regionally. The industry’s exports share increases in 2022 to 28.8% of total production output. With production value of USD6.3 billion, India accounts for 1.2% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Machinery for Rubber, Plastics and Paper Industries and Other Special Purpose Machinery in India: ISIC 2929. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Machinery for Rubber, Plastics and Paper Industries and Other Special Purpose Machinery in India: ISIC 2929 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of general purpose machinery and special purpose machinery.
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