In 2023, India imported approximately 3.5 million kilograms of preparations and charges for fire extinguishers. Forecasts indicate a steady annual growth in import volumes, reaching 4.0997 million kilograms by 2028. This represents a compound annual growth rate (CAGR) of around 2.63% from 2024 to 2028, with a consistent year-on-year increase of about 3.58%.
- 2024: 3.5998 million kg (+2.86% YoY)
- 2025: 3.7286 million kg (+3.58% YoY)
- 2026: 3.8548 million kg (+3.39% YoY)
- 2027: 3.9785 million kg (+3.20% YoY)
- 2028: 4.0997 million kg (+3.04% YoY)
Future trends suggest growing industrialization, urban safety mandates, and increased awareness of fire safety could further drive the demand for these imports. Additionally, emerging technologies in fire suppression might influence market dynamics in evolving safety standards and practices.
