The import of knitted or crocheted men's and boys' shirts of man-made fibers to India is forecasted to increase each year from 2024 to 2028, with volumes growing from 139.32 thousand kilograms to 167.3 thousand kilograms. Observing the year-on-year growth, the trend is an annual increase in imports. Specifically, the imports are projected to rise consistently, signaling a persistent demand increase. The compound annual growth rate (CAGR) from 2024 to 2028 is indicative of a steady upward trend in this sector.
Future trends to watch for include:
- Shifting consumer preferences towards sustainable and eco-friendly materials could impact future import composition.
- Trade policies and international relations influencing import tariffs and regulations.
- Technological advancements in textile manufacturing potentially affecting domestic production capabilities.
- Economic conditions affecting purchasing power and overall demand for apparel in India.