The import of high tenacity nylon yarn to India is anticipated to exhibit a steady growth from 2024 to 2028, increasing from 26.982 million kilograms in 2024 to 29.443 million kilograms in 2028. The average compound annual growth rate (CAGR) over this five-year period is expected to reflect a consistent upward trajectory, a continuation from the actual data trends observed as of 2023.
Trends to watch for include:
- Potential shifts in global supply chains impacting raw material availability and pricing.
- Government policies that could either favor or impose tariffs on imports.
- Technological advancements in textile manufacturing increasing domestic production capabilities.
- Fluctuations in demand driven by changes in consumption patterns and economic conditions.
