The forecast for imports of refillable pocket lighters and gas-fueled products to India shows a consistent upward trend from 2024 to 2028. In 2023, the import value was lower, setting the stage for growth. The projected figures for 2024 through 2028 indicate increases each year, showing a robust demand recovery. Year-on-year variations show growth rates of approximately 4% to 5% annually, suggesting an expanding market.
Future trends to watch for include:
- Potential impacts of changes in consumer preferences for sustainable and eco-friendly products.
- Fluctuations in global gas prices and supply chain dynamics.
- Regulatory developments affecting imports and manufacturing practices in India.
- Technological advancements in lighter design and fuel efficiency.
