The import forecast for knitted or crocheted track suits of synthetic fibres to India shows a consistent upward trend from 2024 through 2028. The year-on-year growth rates indicate a steady increase, suggesting a robust demand expansion. In 2024, the imports are expected to begin at USD 1.58 million and grow progressively to reach USD 1.9248 million by 2028, representing a notable Compound Annual Growth Rate (CAGR) over the five-year forecast period.
Year-on-year variations show a positive trajectory:
- 2024: Baseline
- 2025: +5.6%
- 2026: +5.2%
- 2027: +4.8%
- 2028: +4.5%
Given that 2023's imports stood at approximately USD 1.5 million, the projected average growth reflects a healthy trend, spurred likely by an increasing interest in fitness and athleisure wear in India, coupled with the growing adoption of international fashion trends.
Future trends to watch include emerging economies of scale in Indian apparel manufacturing, shifts towards sustainable synthetic materials, and potential trade policy changes impacting import dynamics.
