The forecast for the import of non-refillable pocket lighters and gas-fuelled lighters to India indicates a steady decline from 26.77 thousand kilograms in 2024 to 6.37 thousand kilograms in 2028. While actual data for 2023 is not provided, this projected trend suggests a significant reduction in import volumes over a five-year forecast period. The year-on-year decrease reflects a compounded annual reduction, highlighting a consistent decrease in demand or shift to local alternatives. Factors such as increased domestic production or changes in regulatory policies might drive this trend.
Future trends to watch for include:
- Development and adaptation of local manufacturing capabilities.
- Changes in consumer preferences towards eco-friendly or reusable products.
- Potential regulatory shifts impacting import tariffs or environmental compliance.
- Technological innovations in ignition mechanisms and fuel efficiency.