The import of knitted or crocheted gloves, mittens, or mitts of synthetic fibres to India is forecasted to see a steady rise from $2.491 million in 2024 to $2.978 million by 2028. This reflects India's increasing demand for synthetic fibre gloves over this period. In comparison, the actual import value for 2023 was $2.368 million, indicating a consistent growth trend.
Year-on-year growth percentages reveal increases of approximately 5.04% in 2025, 4.70% in 2026, 4.40% in 2027, and 4.12% in 2028. The compound annual growth rate (CAGR) stands at about 4.55% from 2024 to 2028.
Future trends to watch include potential shifts in global synthetic fibre supply chains, the impact of evolving trade policies, and changes in domestic demand driven by fashion trends and increasing safety awareness.
