In 2023, the import volume of textile fabric treated for theatrical backdrops to India stood at 1.25 million kilograms. The forecast from 2024 to 2028 shows a declining trend, with year-on-year percentage variations indicating a consistent decrease. The forecast data illustrates a gradual reduction in import volume, with a compound annual growth rate (CAGR) pointing towards a negative trend over these five years.
Future trends to observe include:
- Increasing use of digital technology and innovations in fabric treatment reducing import dependency.
- Growth in local manufacturing capabilities may further decrease reliance on imports.
- Potential impact of changes in government trade policies on import volumes.
- Shifts in the entertainment and events industry affecting fabric demand.