In 2023, the import volume of hand saws to India stood at an unspecified actual figure. Forecasted data indicates a steady increase in imports, with a value of 1.4927 million kilograms predicted for 2024, rising to 1.6398 million kilograms by 2028. This reflects a consistent year-on-year growth in import volumes over the forecast period.
Key points:
- 2024: 1.4927 million kilograms
- 2025: 1.5306 million kilograms
- 2026: 1.5677 million kilograms
- 2027: 1.6041 million kilograms
- 2028: 1.6398 million kilograms
The average annual growth rate (CAGR) over the five years is projected to be steady, indicating resilience in the demand for hand saws in the Indian market.
Future trends to watch for:
- Impact of evolving construction technologies on tool demands.
- Potential trade policies affecting import tariffs and costs.
- Growing focus on sustainable materials might influence the tool market.
