The import volume of instantaneous water heaters, excluding gas types, into India is projected to steadily increase from 2024 to 2028, rising from 1.3936 million kilograms in 2024 to 1.5006 million kilograms by 2028. Compared to the actual data from 2023, this marks a continuous growth trend. The year-on-year growth rates demonstrate a consistent increase, with the compound annual growth rate (CAGR) over the five-year period reflecting a stable upward trajectory.

Future trends to watch for:

Technological advancements in energy efficiency could influence import volumes.
Trade policies and tariff changes may impact the cost and volume of imports.
Increasing demand for eco-friendly appliances might drive further growth or diversification in product types.