The import of paper or paperboard labels to India in 2023 stood at 100 million US dollars. The forecasted data shows a consistent increase in import values from 2024 to 2028. The year-on-year variations show moderate growth with values expected to be 103.33 million in 2024, 106.28 million in 2025, 109.16 million in 2026, 111.99 million in 2027, and 114.76 million in 2028.
Key trends and variations:
- 2024: +3.33%
- 2025: +2.85%
- 2026: +2.71%
- 2027: +2.59%
- 2028: +2.48%
The Compound Annual Growth Rate (CAGR) over these five years is approximately 2.79%.
Future trends to watch for include potential changes in international trade policies, advancements in labeling technologies, and shifting domestic manufacturing capabilities which could impact the import demand in the coming years.