The import of knitted or crocheted men's and boys' trousers and shorts of synthetic fibers to India is projected to grow consistently from 2024 to 2028. In 2024, the value is expected to be 1.6098 million, a rise from the previous year's data (2023), although the 2023 figure is not provided here. The forecast illustrates a year-on-year increase, with the value reaching 1.9102 million by 2028. The average compound annual growth rate (CAGR) over these five years forecasts steady growth.
Future trends to watch for include shifts in consumer preferences towards synthetic fibers due to their durability and cost-effectiveness, potential impact from trade policies, and growing competition from domestic manufacturers. Observing global market trends, particularly price fluctuations in raw materials, will also be essential for predicting future import volumes.
