The forecast for the import of not knitted or crocheted women's and girls' ensembles of synthetic fibres to India indicates a steady upward trend from 2024 to 2028, starting at 585.88 thousand USD in 2024 and reaching 723.15 thousand USD in 2028. This reflects year-on-year growth: 6.02% from 2024 to 2025, 5.57% to 2026, 5.17% to 2027, and 4.82% to 2028. The compound annual growth rate (CAGR) for this period is approximately 5.39%.
Future trends to watch:
- Fluctuations in global synthetic fibre prices and their impact on import costs.
- Potential policy changes in India affecting synthetic fibre importation.
- Consumer preferences shifting towards sustainable or natural fibres, potentially influencing demand.
- Technological advancements in synthetic fibre production that may affect global supply chains.
