In 2023, the import value of footwear with outer soles of rubber or plastics and uppers of leather to India was approximately 56.0 million USD. The forecasted data suggests a steady year-on-year increase with a projected import value of 57.772 million USD in 2024, growing to 65.73 million USD by 2028. This demonstrates a positive growth trend in value with an average CAGR over five years of about 3.3%.

Future trends to watch for:

Potential shifts in consumer preferences towards sustainable materials could impact demand.
Exchange rate fluctuations may influence import costs and pricing strategies.
Economic policies and trade agreements could affect import dynamics and market access.
Technological advancements in footwear production may alter market competition and sourcing strategies.