In 2023, the import value of not knitted or crocheted ski suits of textile materials to India was approximately USD 44,000. From 2024 onwards, the forecasted data indicates a steady increment in imports, reaching USD 48,000 by 2028. This suggests a year-on-year growth of around 1.8% to 1.6%. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is estimated at approximately 1.7%, indicating moderate growth in demand over the forecast period.
Future trends to watch for include:
- Potential shifts in consumer preferences towards sustainable and high-performance textile materials.
- The impact of fluctuating international trade policies and tariffs on import dynamics.
- Growth in winter sports tourism and changing weather patterns influencing demand.
- Emerging fashion trends that may affect ski suit designs and materials.
