The import of garments made from textile felts and nonwoven fabric to India is projected to grow steadily from 2024 through 2028. In 2024, the forecasted import volume stands at 616.11 thousand kilograms, gradually increasing to 723.76 thousand kilograms by 2028. This reflects a compounded annual growth rate (CAGR) over this period. Compared to its standing in 2023, the market is demonstrating a positive growth trajectory, suggesting a rising demand within this segment over the coming years.
Future trends to watch for include:
- The impact of governmental trade policies on import volumes.
- Shifts in consumer preferences toward sustainable and eco-friendly materials.
- Technological advancements in manufacturing that could affect cost and supply chain dynamics.