| Product Code: ETC4506085 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
India`s commodity plastics import market in 2024 saw significant contributions from top exporting countries including UAE, Saudi Arabia, Singapore, China, and Thailand. Despite the market being dominated by multiple players, the Herfindahl-Hirschman Index (HHI) indicated low concentration. The sector exhibited a strong compound annual growth rate (CAGR) of 19.33% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024, standing at -8.66%. This data suggests a dynamic import landscape for commodity plastics in India, driven by diverse sources and changing market conditions.

The India commodity plastics market is a dynamic sector characterized by the production and consumption of a wide range of plastics, including polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC), and more. This market serves various industries such as packaging, automotive, consumer goods, and construction. With the growing India economy and increasing urbanization, the demand for commodity plastics is on the rise, driven by factors like population growth, rising disposable income, and expanding industries.
The India commodity plastics market is primarily driven by the robust growth in various industries, including packaging, automotive, construction, and consumer goods. The affordability, versatility, and durability of commodity plastics like polyethylene and polypropylene make them indispensable in packaging materials, ensuring the preservation and transportation of products. Additionally, the growth in disposable consumer products and the e-commerce sector has significantly contributed to the demand for commodity plastics in packaging. In the automotive and construction sectors, these plastics are used extensively for lightweighting and cost-effectiveness. India rising population and increasing consumerism further fuel the demand for these plastics.
The commodity plastics market encounters challenges in terms of price volatility of crude oil and its impact on raw material costs. Ensuring a balance between affordability and quality in these highly competitive markets poses challenges.
The commodity plastics market faced both positive and negative effects during the pandemic. While the packaging industry saw increased demand for plastic products for food and medical packaging, industries like automotive and consumer goods experienced downturns. The market was also influenced by supply chain disruptions and fluctuating raw material prices, leading to uncertainties in the overall demand.
Key players in the India commodity plastics market include India Oil Corporation, Reliance Industries Limited, and Haldia Petrochemicals. These companies produce a range of commodity plastics used in various everyday consumer products and packaging.
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 Commodity Plastics Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Commodity Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 India Commodity Plastics Market - Industry Life Cycle |
3.4 India Commodity Plastics Market - Porter's Five Forces |
3.5 India Commodity Plastics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Commodity Plastics Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 India Commodity Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for flexible packaging solutions in various industries |
4.2.2 Growing focus on sustainability and recyclability of plastic products |
4.2.3 Government initiatives promoting the use of plastic in infrastructure development |
4.2.4 Technological advancements in the production of commodity plastics |
4.3 Market Restraints |
4.3.1 Environmental concerns and regulations regarding plastic waste management |
4.3.2 Fluctuating prices of raw materials impacting production costs |
4.3.3 Competition from alternative materials like paper and biodegradable plastics |
4.3.4 Volatile global market conditions affecting imports and exports |
5 India Commodity Plastics Market Trends |
6 India Commodity Plastics Market, By Types |
6.1 India Commodity Plastics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Commodity Plastics Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Commodity Plastics Market Revenues & Volume, By PE, 2021-2031F |
6.1.4 India Commodity Plastics Market Revenues & Volume, By PP, 2021-2031F |
6.1.5 India Commodity Plastics Market Revenues & Volume, By PVC, 2021-2031F |
6.1.6 India Commodity Plastics Market Revenues & Volume, By PS, 2021-2031F |
6.1.7 India Commodity Plastics Market Revenues & Volume, By ABS, 2021-2031F |
6.1.8 India Commodity Plastics Market Revenues & Volume, By PET, 2021-2031F |
6.2 India Commodity Plastics Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 India Commodity Plastics Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.3 India Commodity Plastics Market Revenues & Volume, By Construction, 2021-2031F |
6.2.4 India Commodity Plastics Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.2.5 India Commodity Plastics Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.6 India Commodity Plastics Market Revenues & Volume, By Electronics, 2021-2031F |
6.2.7 India Commodity Plastics Market Revenues & Volume, By Textiles, 2021-2031F |
7 India Commodity Plastics Market Import-Export Trade Statistics |
7.1 India Commodity Plastics Market Export to Major Countries |
7.2 India Commodity Plastics Market Imports from Major Countries |
8 India Commodity Plastics Market Key Performance Indicators |
8.1 Recycling rate of commodity plastics in India |
8.2 Adoption rate of eco-friendly packaging solutions by companies |
8.3 Investment in RD for sustainable plastic production techniques |
8.4 Growth in demand for commodity plastics in emerging sectors like e-commerce packaging |
8.5 Percentage of plastic waste effectively managed through recycling and waste management programs |
9 India Commodity Plastics Market - Opportunity Assessment |
9.1 India Commodity Plastics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Commodity Plastics Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 India Commodity Plastics Market - Competitive Landscape |
10.1 India Commodity Plastics Market Revenue Share, By Companies, 2024 |
10.2 India Commodity Plastics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |