In 2023, the import of textile wall coverings to India stood at 2.3 million US Dollars. From 2024 onward, based on forecasted data, the import values are expected to steadily increase:
2024: 2.4177 million US Dollars
2025: 2.54 million US Dollars
2026: 2.6599 million US Dollars
2027: 2.7774 million US Dollars
2028: 2.8926 million US Dollars
Year-on-year percentage variations show a consistent upward trend:
- 2024-2025: 5.1%
- 2025-2026: 4.7%
- 2026-2027: 4.4%
- 2027-2028: 4.1%
The Compound Annual Growth Rate (CAGR) over the five years (2023-2028) is approximately 4.7%.
Future trends to watch for include developments in interior design preferences, economic conditions impacting import activity, and advancements in textile technology that could either boost or disrupt the market dynamics for textile wall coverings in India.
