The Indian market for women and girls' underwear and nightwear knitted or crocheted is forecasted to grow steadily from 2024 to 2028, with the market size increasing from $1.4856 billion in 2024 to $1.6762 billion in 2028. This reflects an overall positive growth trajectory, highlighting a compound annual growth rate (CAGR) of approximately 3.02% over the five-year period. The year-on-year growth rates are relatively modest, showing a consistent upward trend without sharp fluctuations.
Future trends to watch for in this sector include:
- Growing demand for comfortable and sustainable materials as consumers become increasingly conscious about the quality and environmental impact of their purchases.
- The rise of e-commerce platforms which may further boost market accessibility and variety for consumers.
- Enhanced focus on product innovation and inclusivity, potentially broadening target demographics and customer bases.