In 2023, the import value of knitted or crocheted women's and girls' swimwear of synthetic fibers to India stood significantly lower than the forecast values starting from 2024. The forecasted data from 2024 to 2028 shows a consistent upward trend, with the value reaching a peak of $812.71 thousand by 2028. From 2024 to 2028, the year-on-year growth ranges steadily, indicating a healthy market demand and growth potential. The compound annual growth rate (CAGR) over these five years also suggests consistent expansion in imports.
Future trends to watch for:
- Emerging fashion trends and consumer preferences.
- Impact of economic factors and trade policies on import volumes.
- Development of sustainable and eco-friendly materials in swimwear influencing demand and imports.