The import of non-cotton men's and boys' underpants or briefs to India is projected to decrease steadily from 2024 through 2028. The value starts at $64.68 thousand in 2024 and declines to $48.7 thousand by 2028. This represents an approximate year-on-year decrease of 6-8% annually. The 5-year compound annual growth rate (CAGR) is a decline of about 7% when averaged annually over these years.
Future trends to watch for:
- Shifts in domestic clothing production capacity in India could further reduce imports.
- Changes in consumer preferences towards sustainable and locally-produced textiles.
- Potential trade policies affecting textile imports.
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