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Market Size and Growth of Different Sectors in India

Logistic and Packaging spends in India expected to increase driven by different sectors across India


Industry

Market Size (INR Billion) FY23

Growth FY23-238

Logistics Spends FY23 (INR Billion)

Consumer non-durables

(organised FMCG)

2300-

2400

9-10%

134-144

Consumer durables

(household appliances)

900-

1000

10-11%

45-55

Cars and

UVs

125-

135

6-8%

50-60

​Commercial

vehicles

86-96

7-9%

35-45

Two-

Wheelers

52-62

9-11%

38-48

Auto components

production

4700-

4800

9-11%

255-265

E-retail

3000-

3100

21-26%

265-275

Pharmaceuticals

3700-

3800

10-11%

88-98

Solar modules

200-

250

62-64

GW:

FY22-26

vs 32 GW

in FY16-

20

14-18

Steel

~7400

6-7%

510-530

Cement

~2300

7-9%

340-360


Industry size for various sector in India


Source: CRISIL MI&A

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