In 2023, the import of slide fasteners with chain scoops of base metal to India stood at approximately 3.6 million kilograms. The forecasted data indicates a gradual increase over the subsequent years, reaching 4.2756 million kilograms by 2028. From 2024 to 2025, the import volume is projected to rise by 3.67%, and over the period from 2025 to 2028, an annual increase of about 2.64% on average is expected. The compound annual growth rate (CAGR) for the entire five-year span from 2024 to 2028 is approximately 3.23%.
Future trends to watch for include:
- Growth in the Indian apparel and accessories market could drive further demand for slide fasteners.
- Economic and trade policies impacting import tariffs could alter cost structures.
- Technological advancements and shifts towards sustainable materials might influence procurement strategies.
