The import of parts for electric filament or discharge lamps to India is forecasted to gradually decline from 2024 to 2028, starting at 6.9703 million kilograms in 2024 and decreasing to 6.5794 million kilograms in 2028. Year-on-year, the import volume is expected to diminish continuously by around 1.5% annually, indicating a steady downward trend. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately -1.6%, reflecting a consistent decrease over the projected years.
Future trends to observe include technological advancements in lighting that may impact demand for traditional lamp parts. Additionally, shifts in trade policies and local manufacturing capabilities could further alter import volumes. Monitoring these factors will be essential for anticipating future market trajectories.
