As of 2023, imports of woodfree fine paper weighing more than 150 g/m2 into India were recorded at 5.4 million kilograms. Starting from this baseline, forecasts predict a steady increase: 5.6191 million kg in 2024, 5.8141 million kg in 2025, rising to 6.3758 million kg by 2028. The year-on-year growth rates are approximately 3.5% from 2024 to 2025, 3.3% from 2025 to 2026, and 3.1% from 2026 to 2027, suggesting a decelerating growth trend. A CAGR of about 3.4% is expected over these five years, reflecting moderate demand growth.
Future trends to watch for include:
- Potential shifts toward digital alternatives which could impact the demand for physical paper products.
- Changes in environmental regulations and sustainability initiatives that may affect supply chains and import trends favoring environmentally certified products.
- Economic factors influencing trade policies, tariffs, and global supply chain disruptions that could affect pricing and availability.