The forecasted import values for manicure or pedicure sets and instruments to India show a steady increase from 2024 to 2028. These values are projected to rise from 8.0217 million USD in 2024 to 9.1121 million USD in 2028. The year-on-year variation indicates a consistent growth in demand, with an approximate average growth rate (CAGR) of around 3.25% over the five years.
To provide context, the import value in 2023 stood at 7.751 million USD. Comparing this to the forecasted value for 2024, there is an approximate 3.5% increase. Similarly, comparing the 2022 value of 7.217 million USD to 2023, the increase is around 7.4%.
Key trends to watch for in the future include:
- Changes in consumer behavior and preferences towards premium manicure and pedicure products.
- Impact of economic factors and trade policies on import costs and supply chain dynamics.
- Technological advancements in manicure and pedicure sets and instruments.
- Increased adoption of e-commerce channels and online marketplaces for these products.