In 2023, the import value of calendering or rolling machines (except for metals or glass) to India stood at 2.9 thousand USD. Forecasts for 2024 indicate a moderate growth trend starting at 3.05 thousand USD, reaching 3.67 thousand USD by 2028. Year-over-year growth from 2024 to 2025 and from 2025 to 2026 is approximately 5.25%. The compound annual growth rate (CAGR) for 2024-2028 is forecasted at around 4.7%, reflecting a steady increase projected in the demand for these machines.
Future trends to watch include:
- Technological advancements in manufacturing that might lower costs.
- Emerging markets demanding higher precision machinery.
- Potential tariff changes affecting import costs.
- Development in local manufacturing capabilities reducing imports.
