In 2023, the import of sewing machine needles to India stood at 155,000 kilograms. From 2024 onwards, forecasts reveal a consistent downward trend, decreasing from 147,620 kilograms in 2024 to 117,920 kilograms in 2028. The year-on-year decrease averages around 5.5% from 2024 to 2025, and around 5.4% from 2027 to 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) signifies an average decline of approximately 5.2% annually.

Future Trends to Watch For:

A shift towards domestic needle production in India, possibly leading to reduced import dependency.
Changes in fashion industry demand, impacting the overall consumption of sewing needles.
Tariff or policy alterations influencing import dynamics.
Technological advancements in sewing machine design, potentially affecting needle specifications and requirements.