The import volume of knitted or crocheted panty hose and tights of synthetic fibers measuring more than 67 decitex into India is projected to show a consistent increase from 2024 onwards. In 2024, the forecasted volume is 120.97 thousand kilograms, which grows steadily to 149.88 thousand kilograms by 2028. This upward trend suggests a growing demand, likely as a result of changing fashion trends and increasing disposable incomes.
Year-on-year, the import volume is expected to increase at an average rate of approximately 5% to 6%. Notably, the compound annual growth rate (CAGR) from 2024 to 2028 stands at a robust level, indicating stable market expansion over a five-year period.
Future trends to watch for include potential shifts in consumer preferences towards sustainable and eco-friendly products, which may impact synthetic fiber imports. Monitoring trade policies and technology advancements in textile manufacturing could also influence the market landscape.
