In 2023, India imported a total of 13.818 million kilograms of glass table or kitchenware. The forecast for 2024 shows a steady increase with projections of 13.818 million kilograms, reaching 15.868 million kilograms by 2028. From 2024 onwards, the import volume is expected to grow consistently year-on-year, showing annual increases of approximately 3.8%.
The analysis of trends shows a compound annual growth rate (CAGR) of about 3.6% over the forecasted five-year period from 2024 to 2028. This indicates a stable and growing demand for glass tableware in the Indian market.
Future trends to watch for include:
- Consumer preference shifts towards sustainable materials, impacting import demands.
- Trade relations and tariffs affecting import costs.
- Technological advancements in production driving down costs, potentially increasing affordability and demand.