In 2024, the import of non-expandable polystyrene to India is projected at 43.233 million kilograms. This reflects a steady growth trend, following a base value observed in 2023, which is crucial for understanding annual trends. Import volumes are anticipated to increase yearly, reaching 50.193 million kilograms by 2028, suggesting modest growth in this market.
- 2024-2025: 4.14% growth
- 2025-2026: 3.90% growth
- 2026-2027: 3.68% growth
- 2027-2028: 3.48% growth
- CAGR (2024-2028): Approximately 3.77%
Future trends to monitor include potential shifts in international market dynamics affecting supply chains, changes in domestic demand due to industrial developments, and the impact of evolving environmental regulations on polystyrene use and imports. Monitoring economic conditions can also provide insights into consumption trends.
