In 2023, the import of knitted or crocheted women's and girls' jackets and blazers of synthetic fibers to India was valued at 600.00 thousand. The forecasted data from 2024 to 2028 shows a consistent year-on-year growth, with values projected at 631.11 thousand in 2024, 662.97 thousand in 2025, 694.19 thousand in 2026, 724.79 thousand in 2027, and 754.77 thousand in 2028. This reflects a steady upward trend in import value over the forecasted period. On average, the compound annual growth rate (CAGR) over these five years is projected to be approximately 4.75%.
Trends to watch for in the future include:
- The impact of evolving fashion trends on the demand for synthetic fibers.
- The influence of trade policies and tariffs affecting import costs.
- Technological advancements in synthetic fabrics increasing import volume.
- Shifts in consumer preferences towards sustainable or alternative materials.
