Forecast: Import of Textile Fabric Impregnated, Coated, Covered, or Laminated with Polyvinyl Chloride to India

The import of textile fabric impregnated, coated, covered, or laminated with polyvinyl chloride to India is projected to witness a steady increase from 2024 to 2028. In 2023, the import value stood at 185 million USD. Over the forecasted period, the import value is expected to see a year-on-year growth, starting with 3.2% in 2024, gradually decreasing to 2.8% by 2028. The compound annual growth rate (CAGR) for these five years is approximately 3.06%, signifying moderate expansion.

Future trends to watch for include:

  • Potential regulatory changes impacting import tariffs or restrictions.
  • Shifts in global supply chains influencing polyvinyl chloride availability.
  • Innovations in textile technology that may affect domestic demand and import dependency.

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