The import of electric blankets of textile material to India is projected to display steady growth from 2024 to 2028. The import value in 2023 serves as a base for these forecasts. From 2024 onward, the year-on-year growth is shown as 1.8% for 2025, 1.8% for 2026, 1.8% for 2027, and 1.7% for 2028. Over this period, the compound annual growth rate (CAGR) is expected to be approximately 1.8%.
Trends to watch for in the future include:
- Rising demand for luxury and comfort products, driven by increasing disposable income in India.
- Possible impact of innovative textile technologies on product offerings and market expansion.
- Shifts in trade policies affecting import dynamics.