Forecast: Export of Glass and Glassware from India

In 2023, the export of glass and glassware from India stood at 1.0144 billion US dollars. Through 2024, it is forecasted to reach 1.0483 billion US dollars, showing a year-on-year increase of approximately 3.3%. This upward trajectory continues annually with 3.4% growth in 2025, 3.2% in 2026, and 3% in 2027, leading to an export value of 1.1853 billion US dollars by 2028. The compound annual growth rate (CAGR) over the next five years is about 3.2%.

Future trends to watch for:

  • Technological advancements in sustainable glass production.
  • Increasing global demand for eco-friendly glass products.
  • Trade policies and export incentives from the Indian government.
  • Potential fluctuations due to geopolitical factors and supply chain disruptions.

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