In 2023, India's import of non-fresh foliage, branches for bouquets stood at 545.20 thousand kilograms. The forecast for 2024 is 561.62 thousand kilograms, marking a year-on-year increase of approximately 3%. This upward trend is consistent across the subsequent years, with anticipated imports reaching 626.11 thousand kilograms by 2028, representing a steady CAGR of around 3% over the five-year period.
Future trends to watch for include:
- Rising demand for imported decorative foliage driven by increased consumer interest in home decoration and events.
- Potential impact of global supply chain changes and tariffs on import costs.
- Environmental and sustainability trends influencing the market dynamics of non-fresh foliage imports.
