The import of machines making paper and board boxes, excluding molded, to India is projected to grow consistently from 2024 to 2028, starting at 2.3739 million kilograms in 2024 and reaching 2.7792 million kilograms by 2028. This increase reflects a year-on-year growth pattern of approximately 4.4% annually, suggesting a relatively stable upward trend.
Future trends to watch for include:
- Changes in domestic manufacturing capabilities which could impact import volumes.
- Potential shifts in the packaging industry's demand influenced by sustainability trends.
- Trade policy changes that could affect import dynamics and costs.