In 2023, the import value of printed maps, charts, and atlases to India stood at 7.89 million USD. The forecast for the years 2024 to 2028 shows a steady increase in import values, rising from 8.1276 million to 9.1112 million USD. This represents a year-on-year growth of approximately 3% to 3.4%. Over the five-year forecast period, the compound annual growth rate (CAGR) is projected to be about 3.8%.
Future trends to watch for include:
- Technological advancements in digital mapping may affect demand for printed products.
- Regional geopolitical factors could influence trade policies and, subsequently, import volumes.
- Increased investment in infrastructure might drive higher demand for updated geographical materials.