In 2023, India's import of parts and accessories of office machines stood at approximately 2.27 million kilograms. The forecasted data from 2024 to 2028 suggests a steady year-on-year growth rate, hovering around 1% annually. This pattern demonstrates a moderate and consistent increase, contributing to a cumulative growth over the five years. The compound annual growth rate (CAGR) projected from 2024 to 2028 is approximately 0.8%, indicating a stable expansion in line with similar technological import trends.

Future trends to watch for:

Impact of technological advancements on the demand for imported office machine parts.
Changes in trade policies and tariffs impacting import volumes.
Shifts towards digitalization potentially affecting import volumes as companies might invest more in local sourcing and production.