The forecast for the import of not knitted or crocheted women's and girls' overcoats, capes or cloaks of cotton to India shows a steady upward trend from 2024 to 2028. Starting from a projected value of 11.13 thousand kilograms in 2024, the import volume is expected to increase consistently each year, reaching 12.3 thousand kilograms by 2028. This represents a year-on-year growth of approximately 2.6% from 2024 to 2028. The compound annual growth rate (CAGR) over these five years is also expected to mirror this steady increase, indicating a consistent demand for these products.
Future trends to watch for include:
- Shifts in consumer preferences towards sustainable and ethically sourced fabrics, which could impact import patterns.
- Trade policy changes or tariffs that might affect import costs and volume.
- The influence of e-commerce growth in expanding market access to international products, potentially driving up demand.
