| Product Code: ETC007484 | Publication Date: Aug 2023 | Updated Date: Oct 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India`s wood pellets import market saw significant growth in 2024, with top exporters being Indonesia, India, Nepal, Italy, and the UAE. The market concentration, as measured by the HHI, increased from high to very high in just one year, indicating a more consolidated market. Despite a negative CAGR from 2020 to 2024, the growth rate in 2024 alone was an impressive 344.99%, pointing towards a sudden surge in demand or supply dynamics. The shift in market dynamics and the rapid growth rate suggest evolving trends and opportunities in the wood pellets import sector in India.
The India wood pellets market is estimated to witness a significant growth rate during the forecast period 2025-2031. Wood pellets are an important source of renewable energy in India and have been gaining importance due to their environmental friendly characteristics, such as low emissions and high calorific value. These pellets also provide better economic efficiency than conventional fuels like coal or petroleum products. Increase in demand for fuel sources that are cheaper and less hazardous has led to a surge in the usage of biomass pellets which further contributes positively towards the growth of India?s wood pellet market. Furthermore, increasing awareness about renewable sources of energy along with technological advancements will help fuel the market share particularly over next few years in India.
1) Increasing Awareness About Renewable Sources Of Energy: With rising concerns regarding global warming and climate change, governments across countries have started focusing more on promotion of clean energy resources such as solar, wind & biomass based power production systems. This has resulted into increased focus on research & development activities related to utilization of forest residues for producing woody biomass materials which can be transformed into solid biofuel such as wood pellet ? thus driving up the overall market size worldwide including in India too.
2) Government Support For Biomass Based Power Production Systems: Governments across many countries are offering various incentives & subsidies for implementation/installation/operation costs associated with setting up biomass based power generation plants - these measures result into decreased operational cost burden per unit electricity produced out from these small scale plants ? thereby resulting onto wider adoption among end-users mainly residential sector consumers (i.e., households). This factor will play major role especially over next few years when it comes to driving up sales volume for Indian made wood Pellets
| 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 Wood Pellets Market Overview | 
| 3.1 India Country Macro Economic Indicators | 
| 3.2 India Wood Pellets Market Revenues & Volume, 2021 & 2031F | 
| 3.3 India Wood Pellets Market - Industry Life Cycle | 
| 3.4 India Wood Pellets Market - Porter's Five Forces | 
| 3.5 India Wood Pellets Market Revenues & Volume Share, By Types, 2021 & 2031F | 
| 3.6 India Wood Pellets Market Revenues & Volume Share, By Applications, 2021 & 2031F | 
| 4 India Wood Pellets Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing focus on renewable energy sources and sustainability practices in India | 
| 4.2.2 Government initiatives and policies promoting the use of biomass fuels | 
| 4.2.3 Growing demand for wood pellets in industrial applications such as power generation and heating systems | 
| 4.3 Market Restraints | 
| 4.3.1 Fluctuations in raw material availability and prices for wood pellets production | 
| 4.3.2 Lack of standardized quality control measures for wood pellets | 
| 4.3.3 Competition from other renewable energy sources like solar and wind energy | 
| 5 India Wood Pellets Market Trends | 
| 6 India Wood Pellets Market, By Types | 
| 6.1 India Wood Pellets Market, By Types | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 India Wood Pellets Market Revenues & Volume, By Types, 2021-2031F | 
| 6.1.3 India Wood Pellets Market Revenues & Volume, By Hardwood, 2021-2031F | 
| 6.1.4 India Wood Pellets Market Revenues & Volume, By Softwood, 2021-2031F | 
| 6.2 India Wood Pellets Market, By Applications | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 India Wood Pellets Market Revenues & Volume, By Power Plants, 2021-2031F | 
| 6.2.3 India Wood Pellets Market Revenues & Volume, By Residential Heating, 2021-2031F | 
| 6.2.4 India Wood Pellets Market Revenues & Volume, By Commercial Heating, 2021-2031F | 
| 6.2.5 India Wood Pellets Market Revenues & Volume, By Combined Heat and Power (CHP), 2021-2031F | 
| 7 India Wood Pellets Market Import-Export Trade Statistics | 
| 7.1 India Wood Pellets Market Export to Major Countries | 
| 7.2 India Wood Pellets Market Imports from Major Countries | 
| 8 India Wood Pellets Market Key Performance Indicators | 
| 8.1 Average selling price of wood pellets in the Indian market | 
| 8.2 Percentage of power generation capacity using wood pellets | 
| 8.3 Number of new biomass power plants using wood pellets as fuel installed annually | 
| 9 India Wood Pellets Market - Opportunity Assessment | 
| 9.1 India Wood Pellets Market Opportunity Assessment, By Types, 2021 & 2031F | 
| 9.2 India Wood Pellets Market Opportunity Assessment, By Applications, 2021 & 2031F | 
| 10 India Wood Pellets Market - Competitive Landscape | 
| 10.1 India Wood Pellets Market Revenue Share, By Companies, 2024 | 
| 10.2 India Wood Pellets Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 
| 13 Disclaimer |