The import of knitted or crocheted panty hose and tights of synthetic fibers to India is set to grow steadily from 86.8 thousand kilograms in 2024 to 106.42 thousand kilograms by 2028. The year-on-year growth rates are consistent, showcasing a robust ascending trend. This sustained rise indicates increasing demand, possibly driven by changing fashion trends and a growing middle-class demographic.
The five-year compound annual growth rate (CAGR) shows a positive average annual increase, reflecting stable expansion in this segment. In 2023, the volume of imports likely stood below the 2024 forecast, indicating previous low baselines now being exceeded.
Future trends to watch include potential shifts in consumer preferences towards natural fibers, and the impact of trade policies on import dynamics. Monitoring advancements in domestic production capabilities and consumer consciousness about sustainability will also be crucial.
