The forecasted import value for textile fabrics used in paper-making (weighing 650 g/m2 or more) to India shows a consistent annual increase from $15.711 million in 2024 to $17.626 million by 2028. If 2023 was a benchmark, these figures suggest a steady year-on-year growth of approximately 3%. The Compound Annual Growth Rate (CAGR) over the five-year period is expected to maintain a similar upward trend, marking a robust demand in this sector.
Future trends to watch for include:
- Increased investments in technological advancements to enhance fabric efficiency.
- Shifts in trade policies affecting import tariffs or quotas.
- Environmental regulations impacting the production and importation of such textiles.
- Emergence of sustainable and innovative materials in the paper-making process.
