The import of buttons of base metal, not covered with textile, to India stood at 21.515 million USD in 2023. Forecast data for the period from 2024 to 2028 indicates a steady year-on-year increase, culminating in 26.401 million USD by 2028. The projected average annual growth rate (CAGR) over these five years is moderate, reflecting consistent demand in the Indian market.
Future trends to watch for include:
- Increased domestic manufacturing capabilities could affect import reliance.
- Shifts in fashion trends might drive demand variations, impacting import volumes.
- Trade policies and currency fluctuations may influence import costs and competitiveness.
