Report Description

The India Plastic Molding Market is anticipated to grow at impressive rate during the forecast period. Plastic is a polymer made up of synthetic or non-synthetic material and has a chain of long carbon atoms. Large chunks of Plastics are made up of fossil fuel-based chemicals like natural gas and petroleum. Same as the meaning of the name, plastics can be easily molded to the desired shapes at specific temperatures. Now, different and complex accessories or products are made from plastic polymers with the help of modern molding machines in seconds. Various materials, such as PVC, PE, PP, PHB, and others, have different properties and applications. Due to their versatility, low cost, and less time consumption, Plastics are widely acceptable in the industries for optimization and profitability. According to the FCCI, it is expected that the average plastic consumption in India in 2021 will be 11kg and will reach 20 kilograms in 2020. Thus, there will be an increasing demand for plastic products in markets. Hence it will affect the growth of the plastic molding.

There will be an increase in the demand for plastic as well as plastic Healthcare and Insurance Sector, Renewable Energy Sector, IT Sector, Real Estate Sector, Fast Moving Consumer-Goods Sector (FMCG), automobile Sector, and Supply chain logistics are the primary sector reason for the growth of the Indian economy. All these sectors need plastic products used for packaging and safer transportation. Thus, plastic molding is the best option for industries and homes. Therefore, the demand for Plastic molding in the market is expected to grow significantly in the projected year.

High-Level Uses of Plastics in Different Industries are Driving the Growth

Metals were the primary material responsible for the growth or development of the medieval period's society. Metals have high strength and are durable, but it is expensive and can be degraded into the soil due to collision. To solve this issue in the modern period, people use plastic because it is diverse, low cost, durable, and has different characteristics. Now, Plastic is a multi-million-dollar industry having almost 15 large-scale polymer manufacturers. According to Statista, in 2022, Almost 1.5 million metric tons of Plastic will be produced across India volume-wise, and trends show that it will grow in the projected year. As the production of plastic products or granules increases in India, the demand for plastic molding will be going to increase. The increasing demand for plastic base products such as containers, sheets, products, and tools due to their low price, durability, heat resistance, feasibility, and short time taken in production process make Plastic more demanded in industries. Thus, we can expect growth in the plastic molding industry in the projected year.

India holds the largest share of the population in the region, making the country the biggest market for development and opportunities. The demand for food will increase impressively in the projected year to fulfill the need of the people. According to FICCI, the food processing segment is going to increase at the rate of 8% CAGR in the upcoming period. Thus, we can expect a growing trend in the plastic molding market. Furthermore, growing sectors like clothing, housing, construction, furniture, automobiles, household items, agriculture, horticulture, irrigation, packaging, medical appliances, electronics, and others will impact the growth of the Plastic molding market. All the factors mentioned above led to the growing demand for Plastic Molding Market products and are expected to drive the market share development in the region.

Growing Influence of 3D Printing is Restraint for Market

Substitute of any product is a significant factor responsible for considerable disruption in a market environment. The wireless mobile phone was the substitute for the wired telephone, which almost disrupted the market share of the telephone market. Thus, 3D printing technology is expected to restrain market growth. But the Ongoing R&D to develop alternatives such as bioplastic, compostable plastic, and others can lower the control over the market. Apart from these environmental issues, government policies are another factor that holds the market's growth.

R&D and Collaboration are Propelling the Market Growth

As the market is growing and the mishandling of plastic is increasing that impact people's health and the environment. Hence, the market player collaborates with different organizations for the new biodegradable product. Automation or artificial intelligence is influencing marketers to shift toward technology to maximize production. Additionally, growing awareness of bioplastic is a factor in propelling industries toward plastic molding.

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Market Segmentation

India Plastic molding market is segmented based on type, resin, and application. Based on type, market is segmented into injection molding, and blow molding. Based on resin, market is divides into polypropylene, acrylonitrile butadiene styrene, polyvinyl chloride, and others. Based on application, market is divides into automotive, packaging, building & construction, electrical & electronics, and others.

Market Players

Tech Plastic Industries Pvt Ltd, Dalal Plastics Pvt Ltd, Innovative Polymers Pvt Ltd, M/s General Plastic Industries, Plast Mould Industries, Parekhplast India Limited, IFC Blow Moulding, Vimal Plast India Inc. are the leading companies operating in the India plastic molding market.




Base Year


Historic Data

2018 – 2020

Estimated Year


Forecast Period

2023 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2021 and 2022-2028

Report coverage

Revenue and Volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         By Type

·         By Resin

·         By Application

Regional scope

Top 3 States

Key companies profiled

Tech Plastic Industries Pvt Ltd, Dalal Plastics Pvt Ltd, Innovative Polymers Pvt Ltd, M/s General Plastic Industries, Plast Mould Industries, Parekhplast India Limited, IFC Blow Moulding, Vimal Plast India Inc

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Report Scope:

in this report, India Plastic Molding Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • India Plastic Molding Market, by Type:
  • India Plastic Molding Market, by Resin:
    • Polypropylene
    • Acrylonitrile Butadiene Styrene
    • Polyvinyl Chloride
    • Others 

·         India Plastic Molding Market, by Application:

    • Automotive
    • Packaging
    • Building & Construction
    • Electrical & Electronics
    • Others  
  • India Plastic Molding Market, by Region:

o   North

o   South

o   East

o   West

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India Plastic Molding Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
India Plastic Molding Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on India Plastic Molding Market

4.    Impact of Russia-Ukraine War on India Plastic Molding Market

5.    Executive Summary

6.    Voice of Customer

7.    India Plastic Molding Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type (Injection Molding, Blow Molding)

7.2.2.     By Resin (Polypropylene, Acrylonitrile Butadiene Styrene, Polyvinyl Chloride, Others)

7.2.3.     By Application (Automotive, Packaging, Building & Construction, Electrical & Electronics, Others)

7.2.4.     By Region        By State (Top 3 States)

7.2.5.     By Company (FY2022)

7.3.  Product Market Map

8.    India Blow Plastic Molding Market Outlook

8.1.  Market Size & Forecast       

8.1.1.By Value

8.2.  Market Share & Forecast

8.2.1.     By Resin

8.2.2.     By Application

9.    India Injection Plastic Molding Market Outlook

9.1.  Market Size & Forecast       

9.1.1.By Value

9.2.  Market Share & Forecast

9.2.1.     By Resin

9.2.2.     By Application

10. Market Dynamics

10.1.             Drivers

10.2.             Challenges

11. Market Trends & Developments

12. Policy & Regulatory Landscape

13. India Economic Profile

14. Competitive Landscape

14.1.             Tech Plastic Industries Pvt Ltd

14.2.             Dalal Plastics Pvt Ltd

14.3.             Innovative Polymers Pvt Ltd

14.4.             M/s General Plastic Industries

14.5.             Plast Mould Industries

14.6.             Parekhplast India Limited

14.7.             IFC Blow Moulding

14.8.             Vimal Plast India

15. Strategic Recommendations

(Note: The companies list can be customized based on the client requirements.)

Figures and Tables

Frequently asked questions


High-level penetration in various industry segments and increasing automation in molding machines drive the demand for the plastic molding market in the forecast period.


Tech Plastic Industries Pvt Ltd, Dalal Plastics Pvt Ltd, Innovative Polymers Pvt Ltd, M/s General Plastic Industries, Plast Mould Industries, Parekhplast India Limited, IFC Blow Moulding, Vimal Plast India Inc are the key players operating in the India Plastic Molding Market.


Based on application industry type, the market is divided Automotive, Packaging, Building & Construction, Electrical & Electronics, Others. The packaging segment is expected to lead the market segment in the forecast period.


The Gujrat region is dominating the market and is expected to maintain its dominance over the next five years.


Sakshi Bajaal

Business Consultant
Press Release

India Plastic Molding Market to be Dominated by Packaging Segment Through 2028

Sep, 2022

High-level infiltration in various industry segments and Increasing automation in molding machines drive the demand for the Plastic Molding Market in the forecast period, 2023-2028.