The forecast of brewery machinery imports to India shows a steady year-on-year growth from 2024 to 2028, increasing from 149.56 to 157.62 thousand kilograms. This consistent growth presents a compound annual growth rate (CAGR) reflective of a modest but positive trend. In 2023, the import volume stood lower, establishing a baseline that emphasizes the projected incremental rise over the coming years. The percentage increase is consistent, suggesting a stable demand expansion.
Future trends to watch include:
- Potential policy changes affecting import tariffs.
- Technological advancements that could lead to higher efficiency or altered demand patterns.
- Fluctuations in domestic brewery industry growth which could impact import necessity.
