The import value of not knitted or crocheted men's and boys' swimwear to India is forecasted to rise from 883.21 thousand USD in 2024 to 1011.1 thousand USD in 2028. The year-on-year growth rates are approximately 3.73% (2024-2025), 3.52% (2025-2026), 3.34% (2026-2027), and 3.16% (2027-2028). The Compound Annual Growth Rate (CAGR) for this period is approximately 3.45%. In 2023, the import value stood at a level below the forecasted figures for 2024, suggesting a steady growth trajectory.
Future trends to watch for include:
- Shifts in global trade policies affecting import tariffs
- Fluctuations in consumer demand and fashion trends influencing swimwear preference
- Environmental concerns pushing towards sustainable materials potentially affecting import dynamics
