In 2023, India's import of toughened safety glass for non-vehicle use stood at approximately 69.5 million kilograms. From 2024, forecasts indicate a steady growth: 72.802 million kg in 2024, reaching 87.793 million kg by 2028. Year-on-year increases from 2024 to 2028 consistently hover around 5%, reflecting stable growth in demand. The compound annual growth rate (CAGR) for the forecast period is approximately 4.9%, suggesting a robust and consistent rise in import volumes over five years.
Future trends to watch include technological advancements in safety glass manufacturing that may impact import demand. Additionally, shifts in local construction practices and government infrastructure initiatives could further influence import volumes. Monitoring these factors will be key for strategic planning in the coming years.
