In 2023, the import of cartons, boxes, and cases of corrugated paper or paperboard to India stood at a certain value, with projections indicating its growth from $46.546 million in 2024 to $53.753 million in 2028. Year-on-year growth rates are approximately 3.99% to 3.37% for 2025 to 2028, demonstrating a steady upward trend. The compound annual growth rate (CAGR) over this period is around 3.35%.
Future trends to watch for include:
- The impact of e-commerce and increased demand for packaging in India.
- Technological advancements in paperboard production.
- Potential policy changes affecting imports or domestic manufacturing.
- Sustainability initiatives and their impact on material preference.
