In 2023, the import of tailors' dummies and display dummies to India stood significantly below the forecast values for the subsequent years. From 2024, the forecast reflects a consistent upward trend with year-on-year growth rates of approximately 2.77% for each subsequent year, indicating a stable increase in demand. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is projected to be approximately 2.5%, showcasing a steady market expansion.
Future trends to watch for include:
- Increasing demand for visual merchandising and retail setups.
- Potential influence of fashion industry growth on dummy imports.
- Technological advancements in display materials that could affect demand.