The import of folding cartons, boxes, and cases made from non-corrugated paper or paperboard to India is projected to reach 9.3111 million kilograms by 2028, showing a steady year-on-year increase. Compared to previous years, this represents an average annual growth rate of around 3.5% from 2024 to 2028. Notably, this trend suggests a consistent rising demand, with 2024 marking the beginning of this forecasted growth. However, data from 2023 is crucial for a baseline but is not provided here, influencing precise calculations of prior year's trends.
Future trends to watch include:
- The increasing adoption of sustainable packaging solutions.
- The impact of government policies on packaging materials.
- Changes in consumer preferences toward eco-friendly products.
- Global market shifts affecting supply chain and raw material costs.
- Technological advancements in paperboard packaging processes.
