The import of knitted or crocheted pullovers and cardigans of synthetic fibres into India is projected to grow steadily from 2024 to 2028, with values reaching $48.164 million by the end of the forecast period. In 2023, the import value stood at approximately $38 million. Year-on-year growth rates show an approximate increase of 5% per annum, and the five-year Compound Annual Growth Rate (CAGR) is projected around 4.4%.

Future trends to watch for:

Rising demand in urban areas as fashion trends embrace synthetic fibres for affordability.
Possible impact of governmental import policies affecting tariff rates and trade agreements.
Seasonal and fashion-related fluctuations could affect import volumes and values.
Technological advancements in fabric production enhancing appeal of synthetic fibres.