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India Plastic Industry Outlook 2024 - 2028

See how India Plastic performed compared to key markets.

Key Market Indicators

India's plastic imports are projected to surge to approximately $21.5 billion by 2028, up from around $18.1 billion in 2023. This marks a compound annual growth rate (CAGR) of 2.8%. Since 1993, the country's demand for plastics has expanded at an annual rate of 3.5%. On the export front, India's plastic exports are expected to reach nearly $10.5 billion by 2028, rising from about $8.9 billion in 2023. This reflects an average annual growth rate of 2.7%. Since 1993, the supply of Indian plastics to global markets has grown at an annual rate of 2.4%.

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India Plastic Market Data and Forecasts

How much will India Plastic Market grow to 2028?

Forecast: Import of Plastics and Articles Thereof to India
Forecast: Export of Plastics and Articles Thereof from India
Forecast: Import of Polyvinyl Chloride to India
Forecast: Import of Polyvinyl Chloride to India
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