In 2023, the US imported $746 million worth of knitted or crocheted women's and girls' briefs or panties of cotton. Based on the forecasted data, we observe a gradual decline in imports, from $739.36 million in 2024 to $708.07 million by 2028. This represents a compound annual growth rate (CAGR) of approximately -1.1% over the five-year period.
Key future trends to watch for include:
- Shifts in consumer preferences toward eco-friendly and sustainable products which might affect import volumes.
- Potential changes in trade policies or tariffs that could impact cost dynamics.
- Technological advancements in textile manufacturing that could influence the domestic market share versus imports.