The forecasted import of woven pile carpet of wool or hair, not made up, to India, shows a steady increase from 171.34 thousand kilograms in 2024 to 196.93 thousand kilograms in 2028. This reflects an annual growth trend, with year-on-year increases of approximately 3.84% from 2024 to 2025, and successive similar increments culminating in about 3.25% from 2027 to 2028. The compound annual growth rate (CAGR) over this period would suggest a modest yet consistent increase in imports.
Future trends to watch for include:
- Shifts in consumer preferences towards eco-friendly materials, possibly impacting demand for traditional wool carpets.
- Trade policies or import regulations changes that could influence the cost and volume of imports.
- Technological advancements in carpet production may affect the quality or desirability of imported woven pile carpets.