In 2023, the import of polishes and creams for woodwork maintenance into India was valued at approximately 643.57 thousand USD. The forecast for 2024 shows a marginal increase to 649.49 thousand USD.
The year-on-year growth between 2024 and 2025 is projected at about 0.91%, followed by consistent increases in subsequent years, reaching 672.46 thousand USD by 2028. The compound annual growth rate (CAGR) over the next five years is anticipated to be a modest 0.89%.
Future trends to watch for:
- Demand fluctuations linked to real estate and new housing projects.
- Technological advancements in wood maintenance products.
- Environmental and sustainability trends impacting import regulations.
