In 2023, the import volume of bleached kraft paper and paperboard weighing 150 g/m² or less to India was estimated to be significantly less than the forecasted 69.735 million kilograms anticipated for 2024. The data shows a steady increase in import volumes, with a year-on-year growth of approximately 3.7% from 2024 to 2025, 3.5% from 2025 to 2026, and about 3.4% from 2026 to 2027, further growing by 3.2% from 2027 to 2028. The compound annual growth rate (CAGR) for this period is around 3.45%, indicating consistent growth in demand for this import segment.
Looking forward, several trends should be monitored:
- The impact of global economic conditions on raw material costs.
- India's manufacturing sector expansion affecting import dependency.
- Sustainability policies influencing demand for recycled alternatives.
