In 2023, the import of not knitted or crocheted women's and girls' swimwear to India stood at a lower benchmark, serving as a base for 2024 forecasts. The anticipated growth from 2024 to 2028 shows a consistent upward trend, with year-on-year variations reflecting steady increases. The annual growth rate is projected as follows:
- From 2024 to 2025: 5.07%
- From 2025 to 2026: 4.73%
- From 2026 to 2027: 4.42%
- From 2027 to 2028: 4.15%
The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 stands at 4.57%.
Future trends to watch include potential shifts in fashion preferences, global trade policies, and economic factors that could influence import volumes. Additionally, emerging markets and changes in consumer behavior may also impact the demand trajectory.
