In 2023, the import of mineral and aerated waters to India stood at approximately 3.376 million kilograms. For the subsequent years, forecasts indicate a steady year-on-year increase in volume, with 2024 showing a 3.2% rise, 2025 a 3.1%, 2026 a 2.9%, and 2027 a 2.8%, culminating in a 2.7% increase by 2028. Over the five-year forecast period from 2023 to 2028, the compound annual growth rate (CAGR) is projected at around 3%.
Future trends to watch for include:
- Consumer preference shifts towards healthier and premium bottled waters.
- Emergence of sustainable packaging requirements potentially impacting import dynamics.
- Impact of regional trade agreements on import tariffs and competition.