In 2023, India imported a certain volume of non-electrical lamps and lighting fittings. From 2024 onwards, the forecast indicates a steady year-on-year increase in imports, with a range from 6.88 million kilograms in 2024 to 8.03 million kilograms in 2028. This reflects an average compound annual growth rate (CAGR) calculated over these five years. Over the last two years, the yearly increase has been consistently positive, suggesting growing demand within the domestic market.
Future trends to watch for:
- Potential shifts in domestic production influencing import volumes.
- Changes in international trade policies impacting import relations.
- Innovations in lighting technology possibly affecting demand for non-electrical options.
- Environmental regulations prompting shifts towards sustainable lighting solutions.
