In 2023, the import of injection-moulding machines for rubber or plastic to India stood at 18.034 million kilograms. Forecasted data shows a consistent upward trend from 2024 to 2028, with values increasing from 18.49 million kilograms in 2024 to 20.176 million kilograms in 2028. The year-on-year percentage variations indicate steady growth: an approximate 2.35% increase from 2024 to 2025, 2.24% from 2025 to 2026, 2.16% from 2026 to 2027, and 2.07% from 2027 to 2028. The compound annual growth rate (CAGR) over this five-year period averages around 2.21%.
Future trends to watch for include advancements in manufacturing technologies, growth in automotive and consumer goods sectors, and policy changes affecting the import of machinery. Environmental regulations and sustainability initiatives may also impact the demand for such machines.
