The import of not knitted or crocheted women's and girls' trousers and shorts of synthetic fibres to India is projected to increase steadily from 2024 onwards, with year-on-year growth of approximately 5% observed from 2024 to 2028.
The compound annual growth rate (CAGR) over the forecast period (2024-2028) is around 5%. In 2023, the actual import value stood at approximately 2.22 million dollars.
Future trends to watch for include:
- The impact of changing fashion trends and consumer preferences in the Indian market.
- Fluctuations in global synthetic fibre prices affecting import costs.
- Trade policies and tariffs that may influence import levels.