The import of parts of slide fasteners to India is projected to increase steadily from 2024 through 2028, with values rising from 6.6127 million kilograms in 2024 to 7.5069 million kilograms by 2028. This indicates a consistent annual growth trend, demonstrating a compound annual growth rate (CAGR) of approximately 3.2% over this period. As of 2023, prior data is unavailable but can be assumed as the base year for future growth projections.
Future trends to watch for include:
- Potential shifts in manufacturing strategies among Indian apparel manufacturers, which could influence import volumes.
- Emerging technologies in fastener production possibly decreasing the dependency on imported parts.
- Market dynamics such as trade policies or fluctuations in domestic manufacturing capabilities.
