The import of knitted or crocheted men's and boys' shirts of cotton to India is forecasted to experience a steady increase over the next five years, starting at $29.5 million in 2024 and reaching $35.14 million by 2028. This represents a compound annual growth rate (CAGR) of approximately 4.42%. Year-on-year percentage growth from 2024 to 2025 is 4.93%, followed by 4.6% from 2025 to 2026, 4.3% from 2026 to 2027, and 4.06% from 2027 to 2028. In 2023, the import value stood at $28.27 million, showing consistent growth since then.
Future trends to watch for include:
- Potential impacts from global trade policy shifts, which may affect import costs or demand.
- Shifts in consumer preferences towards sustainable or non-cotton alternatives.
- Economic factors affecting discretionary spending in India, influencing clothing import patterns.
