The forecasted import volume of glass-ceramic ware for tables and kitchens in India shows a declining trend from 2024 to 2028. In 2024, imports are expected to be 505.11 thousand kilograms, decreasing to 318.08 thousand kilograms by 2028. Based on actual data, the import volume in 2023 stood higher than the 2024 forecast, indicating a reduction in imports year-on-year. The year-on-year variations indicate significant decreases: -9.5% from 2024 to 2025, -10.3% from 2025 to 2026, -11.3% from 2026 to 2027, and -12.5% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period (2024 to 2028) shows a consistent declining trend.
Future trends to watch for include potential shifts in domestic production capacities, changes in consumer preferences towards alternative materials, and possible governmental policies impacting imports. Monitoring these factors will be crucial for anticipating further changes in the market dynamics.
