In 2023, the imports of knitted or crocheted men's and boys' shirts of man-made fibres to India stood at a certain volume, laying the groundwork for forecasted growth. Between 2024 and 2028, this import category is projected to grow steadily. The year-on-year variations show consistent increase: from 2024 to 2025 by 5.1%, from 2025 to 2026 by 4.8%, from 2026 to 2027 by 4.4%, and from 2027 to 2028 by 4.2%. The Compound Annual Growth Rate (CAGR) over these five years is estimated to be approximately 4.6%.
Looking ahead, key trends to monitor include shifts in consumer preferences towards sustainable fabrics, policy changes around import duties, and strengthening of domestic manufacturing capabilities which could impact import volumes. Staying attuned to these factors will be crucial for stakeholders in this sector.
