In 2023, the import value of plastic buttons to India, not covered with textile, amounted to 21.6 million US dollars. Forecasts from 2024 to 2028 suggest a consistent upward trajectory in imports. Specifically, from 2024 to 2028, the import values are projected to increase gradually from 22.316 to 25.439 million US dollars. The year-on-year growth percentage indicates a steady increase, with expected CAGR over these five years reflecting moderate but stable growth.
Future trends to watch for:
- Potential shifts in global plastic production and trade policies affecting import patterns.
- Technological advancements in sustainable materials may impact plastic button demand.
- Changes in fashion industry trends influencing button usage.
- Economic fluctuations in India possibly affecting purchasing power and import decisions.