The import of woven pile carpet of wool or hair to India is projected to see steady growth from 2024 through 2028. Forecasts indicate a gradual increase in volume from 190.57 thousand kilograms in 2024 to 209.06 thousand kilograms in 2028. From 2024 to 2025, the year-on-year growth is 2.5%, with a similar annual growth trend observed in following years, marking a compound annual growth rate (CAGR) of approximately 2.3% over these five years. In 2023, imports stood at 187.5 thousand kilograms, showcasing a consistent upward trend starting from 2023.
Future trends to watch for include potential shifts in consumer preferences towards eco-friendly and sustainable materials, which could influence demand. Additionally, trade policies and international relations may impact import volumes, as currency fluctuations and trade agreements could affect pricing and availability. Monitoring these elements will be key to anticipating future changes in import patterns.
