In 2023, the import of metal mountings, fittings for furniture to India stood at 53.500 million kilograms. From 2024, forecasts predict a steady increase in import volumes, growing to 66.985 million kilograms by 2028. The year-on-year growth rates reflect a consistent upward trend: 5% in 2025, 4.67% in 2026, 4.39% in 2027, and 4.11% in 2028. The Compound Annual Growth Rate (CAGR) over these five years is approximately 4.76%, indicating a healthy expansion in market demand.
Future trends to watch for include potential changes in global supply chain dynamics, India's economic growth impacting demand, and technological advancements in furniture production that could alter import needs.
