In 2023, the import of non-cellular, non-reinforced sheets or films of flexible vinyl polymer to India stood as a benchmark against which future trends are compared. Forecasted values from 2024 to 2028 show a consistent upward trend, with the import value rising steadily each year. The year-on-year growth percentage from 2024 to 2025 is approximately 2.21%, followed by 2.12% from 2025 to 2026, 2.03% from 2026 to 2027, and a 1.95% growth from 2027 to 2028. The compound annual growth rate (CAGR) over these five years is projected to be around 2.08%.

Future trends to watch for:

The potential impact of any global trade regulations or tariffs on material imports.
Technological advancements and shifts in demand within domestic markets.
Currency fluctuation effects on import prices and demand.
Emerging competition from alternative materials could influence market dynamics.