Forecast: Import of Fibreboard of a Density Exceeding 0.5 g/cm3 But Not Exceeding 0.8 g/cm3 Mechanically Worked or Surface Covered to India

The import of fibreboard to India with a density between 0.5 and 0.8 g/cm3 increased steadily over the forecast period from 2024 to 2028, reaching 249.86 million kilograms by 2028. Prior to this, in 2023, the imports were lower than 220.39 million kilograms, indicating gradual growth. Year-on-year variations show moderate increases, with a projected consistent upward trajectory. The compound annual growth rate (CAGR) for this period is calculated as modest, reflecting steady demand and import activity.

Future trends to watch for include:

  • Changes in construction and furniture industries in India, which may influence the demand for fibreboard.
  • Potential policy changes relating to environmental concerns, affecting the importation and use of materials.
  • Technological advancements in fibreboard production, potentially affecting supply and import quality.

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