The import of shawls, scarves, and veils of wool or fine animal hair to India is forecasted to increase steadily through 2028, showing a consistent annual growth in monetary value from $1.732 million in 2024 to $1.8802 million in 2028. The yearly growth rate from 2024 to 2025 is approximately 2.20%. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 2.09%.
Looking ahead, trends to watch include changes in consumer preferences, particularly towards sustainable and ethically produced goods. Additionally, fluctuations in global wool prices or trade policies could impact import volumes and values significantly.
