The import of embroidery without visible ground to India is forecasted to progressively increase from 2024 to 2028. Starting from 1.3221 million USD in 2024, a steady year-on-year growth is expected, reaching 1.5856 million USD by 2028. This marks a consistent rise each year, reflecting a robust compound annual growth rate (CAGR) over the five-year period. As of 2023, the import value stood below the 1.3221 million USD mark, indicating positive trends moving forward.
Future trends to watch for:
- Emerging markets that may contribute to further import increases.
- Technological advancements in embroidery impacting cost efficiency.
- Policy changes or trade agreements that could affect the import landscape.
- Shifts in domestic demand for embroidered products.
