The forecasted import of paper envelopes to India shows a steady increase from 2024 (826.14 thousand USD) to 2028 (868.89 thousand USD). Compared to 2023, which is our baseline year, the projected year-on-year variations show a steady growth trend:
- 2024: 826.14 thousand USD
- 2025: 837.15 thousand USD (1.33%)
- 2026: 847.95 thousand USD (1.29%)
- 2027: 858.53 thousand USD (1.25%)
- 2028: 868.89 thousand USD (1.21%)
Evaluating these values, the compound annual growth rate (CAGR) over the five-year period averages at approximately 1.27%. This steady rise can be attributed to increasing demand for paper products despite the growing digital communication trend.
Future trends to watch for include the potential impacts of environmental regulations, the rise of digital communication reducing paper envelope demand, and fluctuations in global trade policies that could affect import prices and quantities.