Page 41 - Glass Machinery Plants & Accessories no. 2/2017
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resently, with an installed
capacity of nearly 10,500
P tonnes per day, the total
capacity in a country with a
population of 1.27 billion seems
inadequate, but considering that
the capacity was a meagre 4,500
tonnes per day in 2010, the
Indian container glass industry
has made great strides over the
past six years. TABLE 1
End user Segment Share in Container Major Container Glass
OVERVIEW OF INDUSTRY Glass market Producers in the segment
With four large scale pro- Liquor 47 % HNGL, AGI Glasspac,
ducers in addition to about a Haldyn Glass, Sunrise Glass
dozen mid-sized and 20 small Beer 19 % HNGL, AGI Glasspac, Can Pack India
scale companies, the indus-
Packaged food 12 % HNGL, Janta Glass, Enki Glass
try is getting ready for one of
the best periods in its history. Pharmaceuticals & Cosmetics 9 % Piramal Glass, HNGL
Steady growth in the country’s Others ( Including wine) 13 % -
economy has led to a vast sec-
tion of the population joining the middle class packaged food, pharmaceuticals and cosmetic
bandwagon every year. This factor along with segments are the largest container glass con-
rising disposable incomes, changing lifestyles, sumers in India, in that order.
changing spending habits and rising urbaniza- IMFL accounts for about half the market
tion has created much needed opportunities for share of the container glass industry in India.
the country’s container glass producers to tap With a consumption of 310 million cases in
into the ever increasing demand for glass from 2015, the Indian IMFL industry is the third
food and beverages as well as the alcoholic and largest market in the world with an estimated
pharmaceutical segments. size of 35 billion USD. The market has grown
at a compounded annual growth rate (CAGR)
CONTAINER GLASS of 9 percent in the last four years. This seg-
CONSUMPTION PATTERNS ment is expected to be the largest end user seg-
IMFL (Indian Made Foreign Liquor), Beer, ment for the container glass industry in India
glass machinery plants & accessories 2/2017
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