The import of non-cellular and not reinforced sheet or film of unsaturated polyesters to India is forecasted to increase steadily from 2024 to 2028, indicating a consistent upward trend. Assuming 2023 imports were stable at around $5.2 million USD, this marks incremental annual growth rates ranging from approximately 2.4% to 2.1% year-on-year. The projected five-year CAGR is approximately 2.3%, reflecting a modest, steady rise.
Future trends to watch for include:
- Potential shifts in trade policies affecting import tariffs and regulations.
- Technological advancements in unsaturated polyester films that may influence demand.
- Global market dynamics, including raw material price changes and alternative material competitiveness.