Forecast analysis for 2024-2028 indicates a consistent increase in the import of knitted or crocheted cotton skirts for women and girls to India. Import volume is projected to grow from 8.58 thousand kilograms in 2024 to 9.5 thousand kilograms in 2028. The average year-on-year growth rate over these years is approximately 2.6%.
In 2023, imports stood at an estimated 8.36 thousand kilograms, reflecting a stable growth trajectory. The compound annual growth rate (CAGR) from 2024 to 2028 is forecasted to be around 2.6%, indicating a modest and steady upward trend.
Future Trends to Watch:
- Increased domestic demand for diversified fashion trends could boost imports.
- The impact of trade policies and tariffs on import costs and competitiveness.
- Sustainable and organic cotton trends influencing consumer preferences.
- Potential shifts due to economic factors affecting purchasing power and consumer behavior.