The forecast for the import of knitted or crocheted women's and girls' skirts of cotton to India shows a consistent upward trend from 2024 to 2028. From 2023, where the import value stood at approximately $50.24K, we observe a steady growth with year-on-year increases in the range of 2.8% to 3.0%. Over the five-year forecast period, the CAGR is projected to be around 2.8%, indicating a gradual but consistent rise in imports.
Future trends to watch for include:
- Potential shifts in consumer preferences towards sustainable fashion, potentially increasing demand for cotton-based garments.
- Changes in trade policies or tariffs impacting import costs and volumes.
- Competitive dynamics in the textile industry and innovation in design and quality.
- Economic factors such as inflation and currency exchange rates affecting import affordability.
