The forecast for imports of albums for samples or collections to India from 2024 to 2028 shows a decreasing trend. In 2023, the imports stood at 18.5 thousand kilograms. The year-on-year analysis reveals a consistent decline: 8.45% from 2024 to 2025, 9.13% from 2025 to 2026, 9.74% from 2026 to 2027, and 10.56% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is negative, reflecting an annual average decline of approximately 9.47%.
Future trends to watch include potential shifts in demand due to digitalization and a rise in digital albums, which further reduces the need for physical albums. Market dynamics around eco-friendly packaging and global economic conditions may also impact the import volumes.
