| Product Code: ETC290664 | Publication Date: Aug 2022 | Product Type: Market Research Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India drying equipments market import shipment saw a strong compound annual growth rate of 18.4% from 2020 to 2024. However, there was a slight decline in growth rate between 2023 and 2024. Overall, the market exhibited significant expansion with a slight slowdown towards the end of the period.
The drying equipment market in India is witnessing growth in various industries, including agriculture, food processing, and pharmaceuticals. With the need to preserve and extend the shelf life of products, drying equipment plays a crucial role. As technology advancements lead to more energy-efficient and versatile drying solutions, the market is projected to grow steadily.
The India drying equipment market is anticipated to witness steady growth due to the expanding manufacturing and food processing industries. Drying equipment is widely used in various industrial processes to remove moisture and preserve products. The rising demand for processed food products and the need for efficient and cost-effective drying solutions are driving the market. Additionally, the growth of the pharmaceutical and chemical industries is expected to increase the adoption of drying equipment for various applications. Moreover, the focus on reducing energy consumption and enhancing process efficiency is likely to boost the demand for advanced drying equipment in the country.
One of the significant challenges in the India drying equipment market is the high energy consumption associated with drying processes. The cost of energy can be volatile, impacting the overall operational expenses for businesses using drying equipment. Manufacturers in this market need to focus on developing energy-efficient drying solutions to address these concerns. Additionally, as various industries adopt different drying techniques, manufacturers must adapt and innovate their products to meet diverse customer needs.
The COVID-19 pandemic had varying impacts on the drying equipment market in India. While some industries faced challenges due to disruptions, others witnessed increased demand. For instance, the food processing industry experienced higher demand as people stocked up on processed and preserved foods during lockdowns. Overall, the market`s performance has been resilient, with a positive outlook for the future.
The India drying equipment market is driven by the growing demand from industries like food processing, chemicals, pharmaceuticals, and agriculture. Leading players in this market include GEA India, Buchi India Pvt. Ltd., Carrier Vibrating Equipment (I) Pvt. Ltd., and CEMAS Elettra S.R.L. India Liaison Office.
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 Drying Equipments Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Drying Equipments Market Revenues & Volume, 2021 & 2031F |
3.3 India Drying Equipments Market - Industry Life Cycle |
3.4 India Drying Equipments Market - Porter's Five Forces |
3.5 India Drying Equipments Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Drying Equipments Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Drying Equipments Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand from industries such as food processing, pharmaceuticals, and chemicals. |
4.2.2 Technological advancements leading to the development of more efficient and eco-friendly drying equipment. |
4.2.3 Government initiatives promoting the adoption of energy-efficient drying solutions. |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with advanced drying equipment. |
4.3.2 Lack of awareness and expertise in operating modern drying equipment. |
4.3.3 Fluctuating raw material prices impacting the manufacturing cost of drying equipment. |
5 India Drying Equipments Market Trends |
6 India Drying Equipments Market, By Types |
6.1 India Drying Equipments Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Drying Equipments Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Drying Equipments Market Revenues & Volume, By Mechanical Products And Equipment, 2021-2031F |
6.1.4 India Drying Equipments Market Revenues & Volume, By Welding Equipment And Consumables, 2021-2031F |
6.1.5 India Drying Equipments Market Revenues & Volume, By Pollution Control Equipment, 2021-2031F |
6.1.6 India Drying Equipments Market Revenues & Volume, By Compressors, 2021-2031F |
6.1.7 India Drying Equipments Market Revenues & Volume, By Boilers, 2021-2031F |
6.1.8 India Drying Equipments Market Revenues & Volume, By Robots, 2021-2031F |
6.2 India Drying Equipments Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 India Drying Equipments Market Revenues & Volume, By Contractors And Consultants, 2021-2031F |
6.2.3 India Drying Equipments Market Revenues & Volume, By Authorized Dealers/distributors, 2021-2031F |
6.2.4 India Drying Equipments Market Revenues & Volume, By System Integrators, 2021-2031F |
6.2.5 India Drying Equipments Market Revenues & Volume, By Machine Builders, 2021-2031F |
6.2.6 India Drying Equipments Market Revenues & Volume, By Direct To Customer, 2021-2031F |
7 India Drying Equipments Market Import-Export Trade Statistics |
7.1 India Drying Equipments Market Export to Major Countries |
7.2 India Drying Equipments Market Imports from Major Countries |
8 India Drying Equipments Market Key Performance Indicators |
8.1 Energy efficiency rating of drying equipment. |
8.2 Adoption rate of eco-friendly drying solutions in industries. |
8.3 Number of government policies supporting the use of energy-efficient drying equipment. |
8.4 Research and development investment in improving drying technology. |
8.5 Customer satisfaction and retention rates for drying equipment manufacturers. |
9 India Drying Equipments Market - Opportunity Assessment |
9.1 India Drying Equipments Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Drying Equipments Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Drying Equipments Market - Competitive Landscape |
10.1 India Drying Equipments Market Revenue Share, By Companies, 2024 |
10.2 India Drying Equipments Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |