The import of woven fabrics of combed wool or fine animal hair to India is forecasted to steadily increase from 2024 through 2028, with values rising each year from 8.20 million USD in 2024 to 8.90 million USD in 2028. This consistent growth reflects year-on-year increases of approximately 2.2% to 2.3%. In 2023, the imports stood at 8.02 million USD, illustrating a steady upward trend in this niche market segment. The compound annual growth rate (CAGR) from 2024 through 2028 is projected to be around 2.1%.
Future trends to watch include potential influences such as shifts in consumer preferences towards sustainable and ethical fashion, which may increase the demand for high-quality animal fibers, and changes in trade policies that could impact supply chains and costs.
