In 2023, imports of sailboards to India stood at a recorded level prior to the forecast data. The forecast from 2024 onwards shows a steady increase in the import of sailboards, from 1.38 thousand kilograms in 2024 to 1.56 thousand kilograms in 2028. Year-on-year growth from 2024 to 2025 is approximately 3.62%, continuing a similar growth trend through 2028. The five-year compound annual growth rate (CAGR) is stable, reflecting consistent market demand and interest in sailing sports in India.
Future trends to watch for include:
- Growing popularity of water sports and recreation in urban and coastal areas.
- Increasing disposable incomes and interest in leisure activities among the emerging middle class.
- Potential influence of government policies promoting marine sports and tourism.