The import of blankets and travelling rugs of synthetic fibres to India is forecasted to grow steadily from 2024 to 2028, with imports increasing from 11.137 million kilograms in 2024 to 12.791 million kilograms in 2028. This marks a progressive annual increase, indicating a steady demand and reliance on synthetic fibre blankets in the country.
Analyzing the year-on-year growth, there is a noticeable upward trend with annual increases ranging from 3.8% to 4.3%. The compound annual growth rate (CAGR) from 2024 to 2028 is projected to be approximately 3.5%, highlighting a consistent increase in imports.
Looking ahead, attention should be given to market dynamics such as changes in consumer preference, potential shifts in global trade policies, and advancements in synthetic fibre technologies, which may influence future import trends. Additionally, monitoring domestic production capabilities and sustainability practices in the industry could impact the projection of import volumes.
