The market is dominated by domestic suppliers, as imports account for 9.7% of total market size in 2022. B2B drives market demand, with B2B spending representing 74.4% of total demand in 2022. India has the third largest market size for plastic products regionally, with demand reaching USD58.0 billion in 2022. Shree Uma Foundries Pvt Ltd is the largest company in India, generating 22.3% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 35.4% of total production value in 2022. The total number of companies decreases in 2022, to 594,525 units. The costs of the industry decrease by 1.6% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 5.7% of production value in 2022, the 19th highest regionally. The industry’s exports share increases in 2022 to 8.8% of total production output. With production value of USD49.2 billion, India accounts for 6.3% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Plastic Products in India: ISIC 252. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Plastic Products in India: ISIC 252 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Rubber and Plastic is an aggregation of Plastic and Rubber products.
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