The import of sheet or film non-cellular and not reinforced of polymethyl methacrylate to India is forecasted to increase from $156.36 million in 2024 to $186.62 million by 2028. The data reveals a steady annual growth trend.
Year-on-year variation shows a consistent growth in the range of 5% to 6% per annum, starting with a significant increase from 2023 levels which were slightly lower than $156.36 million. The compound annual growth rate (CAGR) over the five-year forecast period is approximately 4.5%.
Future trends to watch for include:
- Potential shifts in global supply chains that may impact import volumes.
- Domestic production capabilities in India, potentially reducing the reliance on imports.
- Fluctuations in raw material prices affecting overall import costs.