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Global Industry Size:
The global plastic film extrusion market size was valued at USD 104.4 billion in 2020 and is expected to reach USD 143.8 billion by 2027, growing at a CAGR of 4.5% during the forecast period.
India Industry Size:
The Indian plastic film extrusion market size was valued at INR 25,000 crore (USD 3.4 billion) in 2020 and is expected to reach INR 40,000 crore (USD 5.5 billion) by 2027, growing at a CAGR of 6.5% during the forecast period.
Number of Players in India:
There are approximately 100-150 players in the Indian film extrusion industry, with a mix of large-scale manufacturers, small and medium-sized enterprises, and regional players.
Growth Rate:
The Indian film extrusion industry has been growing at a CAGR of 6-7% over the past few years, driven by increasing demand from the packaging, agriculture, and construction industries.
Factors Causing the Industry to Thrive in India:
Future Potential:
Note: The data and figures mentioned above are approximate and sourced from various industry reports, research studies, and market analysis.
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