In 2023, the import value for mattress supports, mattresses, and bedding to India stood at approximately $52.5 million. The forecasted figures from 2024 to 2028 show a steady increase, with values progressing from $54.606 million in 2024 to $63.168 million in 2028. This anticipates a year-on-year growth, with expected increases ranging from approximately 3-4% annually. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is projected to be about 3.6%.
Future trends to watch include:
- A growing urban population potentially boosting demand for bedding products.
- Rising disposable incomes possibly leading to preference for premium bedding solutions.
- Impact of government trade policies and economic conditions influencing import dynamics.
