The forecast for the import of machinery for making paper or paperboard to India indicates a decreasing trend from 2024 to 2028. Starting at 865.16 thousand kilograms in 2024, the import volume is expected to decline steadily each year, reaching 578.91 thousand kilograms by 2028. Compared to 2023, where the actual volume was noted for the baseline of this analysis, the decrease is notable. Year-on-year percentage decline reflects a continuous contraction in import demand over the forecast period, suggesting adjustments in domestic production capability or changes in industry demand.
Future trends to watch for include technological advancements and automation in India’s paper manufacturing industry, potential shifts towards domestic manufacturing to reduce import dependency, and changes in trade policies that could affect import volumes. Monitoring environmental regulations and sustainability trends may also influence machinery choices and demand.
