The import of knitted or crocheted women's and girls' slips or petticoats of man-made fibre to India is forecasted to increase from $657.58 thousand in 2024 to $753.64 thousand in 2028. This represents an average Compound Annual Growth Rate (CAGR) of approximately 3.44% over the five-year period. Year-on-year growth shows a steady rise, indicating a consistent demand and an expanding market for these garments in India. The year-on-year percentage increase remains relatively stable, highlighting market confidence in the growth trajectory of this import segment.
Future trends to watch for include:
- Shifts in consumer preferences towards sustainable or eco-friendly materials, potentially impacting demand for man-made fibers.
- Economic policies affecting trade tariffs and import regulations, which could influence market dynamics.
- Technological advancements in textile production that could alter the cost structure and attractiveness of imports.