The import of rubber hygienic and pharmacy items to India, excluding contraceptives, is projected to grow steadily over the forecasted period from 2024 to 2028. Starting at USD 17.35 million in 2024, the forecasted import value shows consistent year-on-year growth, reaching USD 19.883 million in 2028. Assuming 2023 closed at approximately USD 16.75 million, this growth indicates an upward trajectory with notable percentage increases annually. The five-year compound annual growth rate (CAGR) is a positive reflection of this consistent upward trend.
Future trends to watch for include potential impacts from global supply chain dynamics, changes in Indian healthcare regulations, and domestic production capabilities of rubber items. Additionally, a rise in health-conscious consumer behavior could further influence import demands positively.
