From 2024 to 2028, the import of knitted or crocheted panty hose and tights of synthetic fibers to India is expected to grow steadily from 2.36 million USD to 2.90 million USD. The year-on-year increase from 2024 to 2025 is approximately 5.9%, followed by roughly 5.4% from 2025 to 2026, and about 5.0% each for the subsequent years up to 2028. The compound annual growth rate (CAGR) for this period is around 4.3%, indicating consistent growth in the sector. In 2023, the actual import value was slightly lower than 2024's forecasted value.
Future trends to watch include potential shifts in global trade policies, impacting cost and supply dynamics. Additionally, consumer demand influenced by fashion trends in India and innovations in material technology may further drive changes in import patterns. Monitoring economic conditions, such as disposable income and inflation rates, will also provide insights into future market behavior.
