In 2023, the import volume of knitted or crocheted non-cotton T-shirts, singlets, and other vests to India stood at 1.0987 million kilograms. The forecasted data indicates a consistent growth in import volumes from 2024 to 2028, showing a year-on-year increase from 4.75% to 3.94%. Over the five-year forecast period, the compound annual growth rate (CAGR) is projected at approximately 4.34%.
Future trends to watch for include:
- Continued growth in demand due to increasing consumer preference for non-cotton apparel.
- Impact of trade policies or tariffs affecting import/export dynamics.
- Potential disruptions from shifts in global supply chains or raw material prices.