Forecast: Import of Plastic Statuettes and Other Ornamental Articles to India

The forecasted import of plastic statuettes and ornamental articles to India shows a consistent upward trend from 2024 to 2028, with figures increasing from 38.145 million kilograms in 2024 to 44.521 million kilograms by 2028. As of the last recorded year, 2023, the import volume was 36.597 million kilograms. The year-on-year growth rates display a steady increase, indicating a positive outlook for the market. The compound annual growth rate (CAGR) over the forecast period suggests moderate but sustained growth.

Future trends to watch for include:

  • Potential impact of domestic production increases and policy changes on import volumes.
  • Shifts in consumer preferences towards eco-friendly materials could influence imports of plastic products.
  • Global economic factors and trade agreements may also affect the Indian ornamental imports market.

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