Based on the forecast data, India's import of waste or scrap of unbleached kraft or paperboard is expected to experience a gradual decline from 2024 to 2028, decreasing from $5.7443 million in 2024 to $5.6984 million in 2028. This trend indicates a modest reduction in the import value year on year, suggesting efforts to optimize domestic sourcing or improve recycling capabilities. While the year-on-year variations reflect minor declines, the compound annual growth rate (CAGR) illustrates an overall shrinking trend over a five-year horizon.
Future trends to watch for include shifts in India's domestic recycling infrastructure, policy changes related to waste management, and fluctuations in global demand and supply dynamics. Increased environmental awareness and sustainable practices could further deepen this declining trend or alter the import landscape significantly.
