In 2023, the import of hooks, eyes, eyelets for clothing, footwear, and bags of base metal to India stood at an undisclosed value. From 2024 to 2028, the forecast values indicate a steady year-on-year growth, with imports expected to increase from $41.335 million in 2024 to $47.532 million in 2028. The projected compound annual growth rate (CAGR) over this period is approximately 3.5%.
Future trends to watch for include:
- Emerging fashion and lifestyle trends could influence demand, potentially accelerating import growth.
- Trade policies and tariffs may impact the import dynamics over the coming years.
- Technological advancements, such as more efficient manufacturing processes, might affect global supply chains and pricing.