Forecast: Import of Inflatable Rafts to India

The import of inflatable rafts to India is forecasted to steadily increase from 2024 to 2028, with values rising from 1.04 to 1.20 thousand. In 2023, imports were below the 2024 level, indicating growth in the market. The year-on-year growth is consistent, at around 3.85% annually, pointing to a stable demand increase. The compound annual growth rate over the forecast period is approximately 3.7%, suggesting a resilient upward trend.

Future trends to watch for include:

  • Potential impacts from economic shifts in India, affecting recreational spending.
  • Regulatory changes concerning import policies or safety standards for inflatable products.
  • Technological advancements in inflatable raft design and materials that could impact demand.

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