In 2023, the import of flexographic printing machinery to India was at 65.482 million USD. The forecast for the upcoming years shows a steady increase, with values reaching 68.549 million USD in 2024 and anticipated to rise to 80.881 million USD by 2028. This indicates a consistent annual growth rate. Year-on-year variations are approximately 4.6% from 2024 to 2025, 4.3% from 2025 to 2026, 4.1% from 2026 to 2027, and 3.8% from 2027 to 2028. The compound annual growth rate over this five-year forecast period is approximately 4.2%.
Future trends to watch for include technological advancements in printing technology, changes in import regulations, and the evolution of demand from industries reliant on packaging. Additionally, economic factors influencing cost and supply chain dynamics may also impact future import levels.
