The forecast for the import of corsets, braces, and parts thereof to India from 2024 to 2028 shows a steady increase in volume, from 358.09 thousand kilograms in 2024 to 435.61 thousand kilograms in 2028. Compared to the actual volume of 340 thousand kilograms in 2023, there is a year-on-year growth of approximately 5.3%. The compound annual growth rate (CAGR) for the five-year period from 2024 to 2028 is around 4.1%, indicating a consistent upward trend in imports.
Future trends to watch for include:
- Rising demand for fashionable and functional support garments could sustain growth.
- Potential impacts of trade policies and import regulations in India.
- Technological advancements in fabric and design influencing import patterns.