India: Plastic Headgear Market 2025

Plastic Headgear Market Size in India

In 2022, the Indian plastic headgear market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption showed a significant expansion. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Plastic Headgear Production in India

In value terms, plastic headgear production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2014 when the production volume increased by 8% against the previous year. Plastic headgear production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Plastic Headgear Exports

Exports from India

In 2022, the amount of headgear of rubber or plastic exported from India dropped notably to X units, with a decrease of -68.1% against 2021 figures. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of 76%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, plastic headgear exports fell sharply to $X in 2022. Overall, exports, however, saw a notable expansion. The growth pace was the most rapid in 2014 when exports increased by 175% against the previous year. The exports peaked at $X in 2021, and then contracted markedly in the following year.

Exports by Country

The UK (X units) was the main destination for plastic headgear exports from India, accounting for a 72% share of total exports. Moreover, plastic headgear exports to the UK exceeded the volume sent to the second major destination, Nepal (X units), sixfold. Nigeria (X units) ranked third in terms of total exports with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK stood at +53.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nepal (+17.4% per year) and Nigeria (-8.7% per year).

In value terms, Nepal ($X), the UK ($X) and Nigeria ($X) constituted the largest markets for plastic headgear exported from India worldwide, together accounting for 88% of total exports.

Nepal, with a CAGR of +63.7%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average plastic headgear export price stood at $X per unit in 2022, with an increase of 61% against the previous year. Over the period under review, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 95%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nepal ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (+39.3%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Headgear Imports

Imports into India

After two years of decline, supplies from abroad of headgear of rubber or plastic increased by 430% to X units in 2022. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, plastic headgear imports surged to $X in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of plastic headgear to India, with a 83% share of total imports. Moreover, plastic headgear imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), ninefold.

From 2012 to 2022, the average annual growth rate of volume from China totaled +26.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+352.4% per year) and Malaysia (+53.8% per year).

In value terms, China ($X) constituted the largest supplier of headgear of rubber or plastic to India, comprising 78% of total imports. The second position in the ranking was held by the Netherlands ($X), with an 8.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +31.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+284.2% per year) and Malaysia (+73.2% per year).

Import Prices by Country

The average plastic headgear import price stood at $X per unit in 2022, increasing by 37% against the previous year. In general, the import price saw a pronounced increase. The growth pace was the most rapid in 2020 when the average import price increased by 65% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+12.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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