The import of not knitted or crocheted women's and girls' ensembles of synthetic fibres to India is projected to rise from 129.24 thousand in 2024 to 158.64 thousand by 2028. In terms of year-on-year growth, the import value is expected to increase by approximately 5.86% in 2025, 5.43% in 2026, 5.04% in 2027, and 4.72% in 2028. The average annual growth rate over the five-year period (CAGR) is around 5.25%. This trend indicates a steady increase in imports, driven by factors likely including shifts in consumer preferences and supply chain dynamics.
Future trends to watch for:
- Changes in fashion trends and consumer preferences influencing demand for synthetic fibres.
- Trade policies and economic factors affecting import costs and supply chains.
- Technological advancements in synthetic fabric production impacting imports.
- Potential impacts of sustainability concerns on synthetic fibre imports.