In 2023, the import of plastic household and toilet articles to India, excluding tableware and kitchen articles, stood at 16.5 million kilograms. Forecasts indicate a steady increase in imports with expectations that by 2024, imports will reach 17.32 million kilograms, and by 2028, this figure will rise to 20.71 million kilograms.
The year-on-year percentage variation from 2024 to 2025 suggests an increase of approximately 5.04%, and the forecast for 2025 to 2026 shows a rise of about 4.71%. The compound annual growth rate (CAGR) from 2024 to 2028 is projected to be around 4.59% per year, evidencing a consistent upward trend.
Future trends to watch for include the impact of environmental policies on plastic imports, competitive pressure from domestic manufacturing, and advancements in recycling technology, which may influence the demand and import dynamics in this sector.