In 2023, India's import of slivers, rovings, yarn, and chopped strands of glass stood at 172 million kilograms. Forecasts for 2024 indicate an 8.65 million kg increase to 180.65 million kilograms. Year-on-year, imports are expected to rise by approximately 4.53% in 2025, 4.26% in 2026, 4% in 2027, and 3.77% in 2028. These figures suggest a steady upward trend with a compound annual growth rate (CAGR) of 4.21% over the next five years.

Future trends to watch for include:

Technological advancements in glass fiber production reducing costs and increasing efficiency.
Shifts in global trade policies affecting import tariffs.
Rising demand from sectors such as automotive and construction boosting import volumes.
Persistent supply chain disruptions impacting availability and pricing.