The India white putty market size reached USD 39.22 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 60.95 Million by 2033, exhibiting a growth rate (CAGR) of 5.00% during 2025-2033. The market is driven by growing construction activities, rising urbanization, and increasing demand for smooth, durable wall finishes. Additionally, expanding infrastructure projects, a surge in residential real estate, and the preference for premium interior aesthetics boost market growth, while technological advancements in putty formulations enhance product performance and consumer adoption.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024
|
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 39.22 Million |
Market Forecast in 2033 | USD 60.95 Million |
Market Growth Rate 2025-2033 | 5.00% |
Rising Demand from the Real Estate and Construction Sectors
The expansion of India's real estate sector, driven by urbanization and infrastructure development, is fueling the rising demand for white putty. The immense boom in building projects for residence and commerce accelerated the demand for white putty to provide sustainable and smooth walls, which supported higher consumption rates of white putty. Some of the measures adopted by the government, such as Smart Cities Mission and Pradhan Mantri Awas Yojana (PMAY), are again accelerating market demand. Moreover, as customers demand good-quality interior and exterior finishes, contractors and builders opt for white putty due to its excellent adhesion, water resistance, and durability. The increasing trend towards visually attractive and low-maintenance walls is further supporting the demand, making white putty an essential product in India's construction industry.
Shift Towards Premium and Eco-Friendly Products
The market in India is witnessing a shift toward premium and eco-friendly white putty formulations, driven by consumer demand for durability, smoothness, and crack resistance. Rising awareness of sustainable construction has led manufacturers to develop low-VOC variants. Regulatory standards promoting green building materials are further influencing innovations. Similarly, the National Efficient Cooking Programme (NECP) by EESL aims to deploy 2 million induction-based cookstoves, offering a 25-30% cost advantage over traditional methods. These initiatives reflect a broader trend of energy-efficient and eco-conscious product development. Leading brands are investing in R&D to enhance product performance, ensuring better adhesion, water resistance, and environmental compliance. This growing preference for sustainable solutions is reshaping India's construction and home appliance markets.
Growth in Organized Retail and Online Sales Channels
The growth of organized retail and e-commerce websites is revolutionizing the flow of white putty in India. Conventional hardware shops are being increasingly supplemented by new-age retail formats, providing consumers with more access to branded as well as high-quality putty products. E-commerce websites are also becoming important drivers of market penetration, allowing buyers to compare products, read reviews, and make a well-informed choice. Top players are using digital channels to access larger consumer bases backed by focused promotion and marketing measures and promotional prices. This emphasis on organized retail and online markets is increasing visibility and accessibility for products, contributing to the accelerating growth of India white putty market.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on application, purity, pack size, type and end use.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes interior, and exterior.
Purity Insights:
The report has provided a detailed breakup and analysis of the market based on the purity. This includes 99%, and >99%.
Pack Size Insights:
A detailed breakup and analysis of the market based on the pack size have also been provided in the report. This includes up to 5 kg, 20kg, 30kg, and 40kg and above.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes cement based, and acrylic based.
End Use Insights:
A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes residential, commercial, industrial, and infrastructure.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North, South, East, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
Applications Covered | Interior, Exterior |
Purity’s Covered | 99%, >99% |
Pack Sizes Covered | Up to 5 Kg, 20Kg, 30Kg, 40Kg and Above |
Types Covered | Cement Based, Acrylic Based |
End Uses Covered | Residential, Commercial, Industrial, Infrastructure |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |