The import volume of personal weighing machines, baby, and household scales to India in 2023 stood at approximately 1.774 million kilograms. From 2024 to 2028, a steady growth trend is observed with forecasted values increasing each year: 1.8606, 1.9515, 2.0405, 2.1278, and 2.2134 million kilograms respectively. On a year-on-year basis, the anticipated growth rates are approximately 4.80% in 2024, 4.89% in 2025, 4.56% in 2026, and 4.02% in 2027. The compound annual growth rate (CAGR) from 2023 to 2028 is forecasted at around 3.70%.
Future trends to watch for include:
- Evolving consumer health consciousness, potentially driving demand.
- Technological advancements leading to smarter, multifunctional devices.
- Price competition and domestic manufacturing dynamics impacting import volumes.
