In 2023, the import of not knitted or crocheted men's and boys' swimwear to India stood at a significant level, indicating consistent demand in this category. The forecast from 2024 to 2028 shows a steady year-on-year growth in import value, projected to increase from 525.74 thousand units in 2024 to 639.66 thousand units in 2028. The data reflects a Compound Annual Growth Rate (CAGR) that suggests a robust average annual growth over the five-year period.
Future trends to watch for include:
- Changes in fashion trends influencing demand dynamics.
- Potential trade policy adjustments affecting import levels.
- Growth in domestic production capabilities as a potential substitute for imports.
- Economic factors impacting consumer purchasing power and spending on swimwear.
