The import of knitted or crocheted men's and boys' underpants or briefs of man-made fibre to India is projected to rise steadily from 2024 through 2028, indicating robust demand. In actual terms, imports were valued at X million US dollars in 2023. Year-on-year growth percentages are as follows: from 2024 to 2025, the forecast depicts a growth of approximately 5.16%. Continuing the trend, the CAGR over the five-year forecasted period stands at nearly 4.68%, reflecting a consistent upward trajectory.
Future trends to watch for include:
- Shifts in consumer preferences towards sustainable and eco-friendly materials, affecting man-made fibre imports.
- Emerging trade policies or tariffs impacting import costs and volumes.
- Innovations in the textile industry that may create competitive alternatives to current products.