The import forecast for brassieres and their parts to India shows a consistent upward trend from 2024 through 2028, starting at 734.15 thousand kilograms in 2024. The projected imports demonstrate steady growth: 5.1% in 2025, 4.8% in 2026, 4.4% in 2027, and 4.2% in 2028. This indicates a Compound Annual Growth Rate (CAGR) of approximately 4.6% over the five-year forecast period. In 2023, actual imports were recorded at 697.6 thousand kilograms, leading to positive momentum in import volume.
Future trends to watch for:
- Increased domestic demand due to rising consumer awareness and changing fashion trends.
- Potential changes in trade policies or tariffs impacting import dynamics.
- Technological advancements enhancing product offerings and influencing consumer preferences.