In 2023, the import of wallpaper coated or covered with decorated plastic to India was 7.2953 million kilograms. The forecasted data show a steady yearly increase of around 5%, with the volume predicted to reach 8.7467 million kilograms by 2028. The compounded annual growth rate (CAGR) from 2024 to 2028 is approximately 4.61%, indicating a consistent upward trend in imports driven by evolving consumer preferences and housing market growth.
Future trends to watch for:
- Fluctuations in global trade policies affecting import tariffs.
- Changes in consumer taste toward eco-friendly and sustainable materials.
- Technological advancements in wallpaper materials and production.
