In 2023, the imports of non-embroidered textile labels and badges to India recorded a volume of 1.58 million kilograms. The forecast for 2024 projects growth to 1.6379 million kilograms, marking a year-on-year increase of approximately 3.67%. The positive trend continues with predicted imports reaching 1.6961 million kilograms in 2025, reflecting a 3.55% growth rate. The imports are expected to rise steadily each year until 2028, achieving an estimated compound annual growth rate (CAGR) of approximately 3.30% across the five-year forecast period from 2024 to 2028.
Future trends to watch:
- Potential impacts of advancements in digital printing technology on demand.
- Shifts in global textile trade dynamics affecting India's import patterns.
- Growing environmental concerns influencing regulation and material sourcing.
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