In 2023, imports of knitted or crocheted women's and girls' overcoats, capes, or cloaks of cotton to India stood at a significant baseline, establishing a growth trajectory into 2024. Forecasted data indicates a consistent year-on-year increase in import values: 4.9% in 2025, 4.6% in 2026, 4.3% in 2027, and 4% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is estimated at 4.45%, reflecting steady market demand.
Future trends to watch for include:
- Shifts in consumer preferences towards sustainable and eco-friendly fabrics.
- Growing impact of e-commerce on fashion imports.
- Potential trade policy changes influencing cost and supply chain dynamics.
