In 2023, India's import of brooms and brushes made of vegetable material stood at an estimated value of 20.853 million. As of 2024, forecasts indicate growth from 21.601 million, projecting an upward trend to 24.52 million by 2028. On a yearly basis, imports are expected to increase by approximately 3.5% through 2025 and 3.3% by 2026. The forecasted compound annual growth rate (CAGR) over the five-year period is approximately 3.5%, illustrating a steady growth trajectory.
Future trends to watch for:
- Potential shifts in environmental regulations promoting sustainable materials.
- Advancements in substitute cleaning technologies possibly affecting demand.
- Economic fluctuations impacting disposable income and thus import volume.
