The import of corselettes and parts thereof to India is predicted to escalate from 2.59 thousand kilograms in 2024 to 2.97 thousand kilograms in 2028, indicating a steady year-on-year increase. By referencing 2023 as the base year before the forecast, the import value in 2023 was less than 2.59 thousand kilograms, illustrating a consistent upward trend. The compound annual growth rate (CAGR) over this five-year period highlights the progressive average increase in imports annually.
Future trends to watch include:
- Consumer demand shifts towards more comfortable and fashion-forward innerwear.
- Impact of e-commerce growth on the accessibility and availability of diverse international brands.
- Potential trade policy changes affecting import taxes and duties on textile goods.