The forecast for the import of non-fresh foliage and branches for bouquets into India from 2024 to 2028 shows a consistent upward trend. Starting at $730.01k in 2024 and reaching $769.6k by 2028, the market demonstrates an average annual growth based on the compound annual growth rate (CAGR). Comparing the year-on-year variations, the growth from 2024 to 2025 is approximately 1.4%, which remains stable up to 2028. The previous year's data, likely from 2023, hinted at an entry level close to 2024's figures, reflecting a steady increase.
Future trends to watch for:
- Sustainability and eco-friendly practices influencing supply chain.
- Pandemic aftermath affecting global supply and demand dynamics.
- Technological advancements possibly disrupting traditional import methods.
- Consumer preferences evolving towards more exotic, preserved floral arrangements.