The import of sheet or film non-cellular and not reinforced of regenerated cellulose to India shows a steady increase from 32.681 million kilograms in 2024 to 40.249 million kilograms by 2028. The year-on-year growth rate is consistent, suggesting increasing demand. Notably, the data in 2024 represents forecasts beyond the actual figures known until 2023. This implies a robust trend that has been cementing over recent years. The compound annual growth rate (CAGR) across this five-year period confirms a stable upward trend in volume, indicating positive momentum in the market.
Future trends to watch for include:
- Advancements in sustainable packaging driving demand for regenerated cellulose films.
- Potential government initiatives promoting eco-friendly materials.
- Fluctuations in global trade policies that could impact import costs and volumes.
