In 2024, India's forecasted import of non-knitted or crocheted women's and girls' ensembles of synthetic fibres is 22.72 thousand kilograms, with projected growth to 28.05 thousand kilograms by 2028. This indicates a steady year-on-year increase, reflecting a healthy demand. In comparison, the year 2023 had an import volume of approximately 21.35 thousand kilograms. The average annual growth rate (CAGR) over five years is expected to show a consistent upward trend, suggesting robust market demand for these ensembles.
Future trends to watch for include:
- Domestic fashion trends impacting demand for synthetic fibre ensembles.
- Global market shifts and their influence on import volumes.
- Economic policies affecting trade, especially tariffs on synthetic fibre imports.
- Sustainability movements influencing the popularity of synthetic over natural fibres.