The projected import value for knitted or crocheted women's and girls' skirts of synthetic fibers to India is expected to rise steadily from 2024 to 2028, starting at $1.3988 million and reaching $1.6452 million. In 2023, the actual recorded imports stood at a lower value, indicating a positive growth trend. The year-on-year growth rates range around 4.5% to 5.2%. The compound annual growth rate (CAGR) over the five-year forecast period suggests an average annual increase of approximately 4.59%.
Future trends to monitor include:
- Changing fashion preferences influencing the demand for synthetic fiber skirts.
- Impact of import regulations and tariffs on pricing and quantity.
- Shifts in consumer behavior towards more sustainable materials.
