The India sandwich panel market is poised for remarkable growth, driven by increasing demand in the warehousing sector. According to Persistence Market Research, the market is projected to grow at a robust CAGR of 11.4% from 2024 to 2031, doubling its value from USD 0.2 billion in 2024 to USD 0.4 billion by 2031.
This surge in demand is largely attributed to the booming e-commerce industry, rapid urbanization, and government initiatives aimed at improving logistics infrastructure. Warehousing facilities, being a critical component of the supply chain, require cost-effective and durable construction materials, making sandwich panels an ideal choice. These panels are valued for their excellent thermal insulation, fire resistance, and lightweight properties, which not only enhance energy efficiency but also reduce construction timelines and costs.
The growing emphasis on green building practices further strengthens the demand for sandwich panels, as they align with sustainability goals. Additionally, the increasing adoption of cold storage solutions in agriculture and pharmaceuticals amplifies the need for advanced insulated materials.
With a promising growth trajectory, the sandwich panel market in India is set to play a pivotal role in transforming the warehousing landscape, addressing both functional and environmental demands efficiently.