The import of tufted carpets of wool or fine animal hair to India is projected to grow steadily from 2024 to 2028, with the volume expected to progress from approximately 150.3 thousand kilograms in 2024 to 163.66 thousand kilograms in 2028. From 2023 to 2024, the data indicates a continuous upward trend, highlighting an overall stable growth trajectory. The year-on-year growth rates are forecasted at around 2.3% to 2.4%, reflecting consistent demand or expanding market needs over time.
Future trends to watch for:
- Potential changes in global trade policies affecting raw materials.
- Shifts in consumer preferences towards sustainable and eco-friendly products.
- Technological advancements in tufting processes impacting production and costs.
