In 2023, India imported plastic household and toilet articles (excluding kitchen and table items) valued at an estimated 53 million US dollars. The forecast from 2024 to 2028 predicts a steady growth in imports, with values expanding from 56.613 million US dollars in 2024 to 67.138 million US dollars in 2028.
- The year-on-year variation indicates a consistent growth pattern of approximately 4.5% moving from 2024 to 2028.
- The compound annual growth rate (CAGR) over these five years is approximately 4.5%, reflecting a stable upward trend.
Future trends to watch include shifts in consumer demand towards sustainable materials, regulatory changes regarding plastic imports, and potential impacts of trade policies which could influence the import dynamics significantly.
