In 2023, the import of not knitted or crocheted men's and boys' jackets and blazers of synthetic fibres to India stood at 701.5 thousand kilograms. Forecast data indicates consistent year-on-year growth, with volumes expected to reach 869.53 thousand kilograms by 2028. From 2024 to 2025, the projected growth is 4.74%, followed by an annual increase of approximately 4.43%, reaching a five-year CAGR of around 4.41%.
Future trends to watch for include:
- Changing consumer preferences towards sustainable and eco-friendly materials.
- Potential trade policies impacting import volumes and prices.
- Technological advancements in synthetic fibre production that could affect market dynamics.
