The forecast for the import volume of watch straps and parts of leather or plastic to India indicates a downward trend. From 2024 to 2028, the volume is anticipated to decline annually, starting from 85.35 thousand kilograms in 2024 to 57.73 thousand kilograms in 2028. This indicates a continuous year-on-year decrease in imports, suggesting an average annual contraction for this market over the forecasted period. This downward trajectory could be influenced by several factors, such as changes in consumer preferences, substitution with alternative materials, or increasing local production capabilities.

Future trends to monitor include:

Shifts in the global supply chain that could affect the availability and cost of leather or plastic materials.
Growth in local manufacturing, which could replace imports.
Increasing environmental regulations possibly affecting plastic usage.
Technological advancements in alternative materials that may replace traditional leather or plastic.