In 2023, the import value for not knitted or crocheted women's and girls' dresses of synthetic fibers to India stood at $12 million. The forecasted data shows a steady growth from 2024 to 2028, with an average annual increase of approximately 4.4%, indicating a compounded annual growth rate (CAGR) reflective of a positive trend. The import value is expected to reach $15.424 million by 2028.
Future trends to watch for include:
- Potential impact of trade policies and tariffs on import costs.
- Changes in consumer fashion preferences towards sustainable and eco-friendly fabrics.
- Indian economic factors influencing purchasing power and import demand.
- Technological advancements in synthetic fiber production affecting global supply chains.