The import of knitted or crocheted women's and girls' trousers and shorts of cotton to India is forecasted to see a steady increase from 2024 through 2028, with an annual growth rate ranging between 4.8% and 4.4%. In 2023, the actual import volume stood at a lower baseline, indicating consistent growth in demand over the subsequent years. The compound annual growth rate (CAGR) for the period 2024-2028 is anticipated at approximately 4.46%, highlighting a robust trend of increasing imports.
Future trends to watch for:
- Shifts in consumer preferences towards sustainable and organic cotton apparel.
- Potential trade policy changes impacting import tariffs and duties.
- Market dynamics within domestic Indian apparel production competing with imports.