Forecast: Import of Not Knitted or Crocheted Men's and Boys' Jackets and Blazers of Synthetic Fibres to India

In 2023, the import of not knitted or crocheted men's and boys' jackets and blazers of synthetic fibers to India stood at approximately 25.5 million USD. From 2024 onwards, the forecast indicates a steady increase in imports, reaching an estimated 31.404 million USD by 2028. This represents a compounded annual growth rate (CAGR) of about 4.17%. Year-on-year growth rates show a consistent upward trajectory, marking between 4.59% to 5.73% annually throughout the forecast period.

Looking ahead, several trends are noteworthy:

  • Rising demand for synthetic fibers due to their durability and affordability compared to natural fibers.
  • Growth in disposable income, potentially increasing consumer spending on fashion and apparel.
  • Strategic trade agreements or policy changes that might affect import tariffs or quotas.

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