The import of ironing machines and presses, including fusing presses, to India is projected to witness steady growth from 2024 to 2028. The import volume is expected to increase from 789.78 thousand kilograms in 2024 to 873.25 thousand kilograms by 2028. This forecast reflects an overall upward trend with a compound annual growth rate (CAGR) of approximately 2.05% over the five-year period.
Future trends to watch for:
- The demand may further rise due to advancements in textile and garment manufacturing requiring modern infrastructure.
- Potentially fluctuating import tariffs or international trade regulations could impact the import volumes significantly.
- Technological advancements in efficiency and automation could drive the adoption of newer models, influencing import patterns and sourcing preferences.
