In 2023, the import of nonwovens textiles except felt to India stood at 307.5 million USD. According to forecasts, this value is expected to grow to 320.33 million USD in 2024, representing a year-on-year increase of approximately 4.17%. This trend continues upward with 333.55 million USD in 2025 (4.13% increase), 346.51 million USD in 2026 (3.88% increase), and 359.21 million USD in 2027 (3.66% increase). By 2028, the import value is projected to reach 371.65 million USD, reflecting a year-on-year growth of 3.47%. The compound annual growth rate (CAGR) from 2023 to 2028 is approximately 3.87%.
Key trends to watch for in the future:
• Increasing demand in the healthcare and hygiene industries may drive higher imports.
• Advances in nonwoven textile technologies might influence import dynamics.
• Trade policies and tariff changes could impact the cost and volume of imports.
• Shifts in consumer preferences towards sustainable materials may also affect import trends.