In 2023, the import of carpets of felt of textile materials with a minimum surface area of 0.3 m2 to India was valued at approximately 2.05 million US dollars. From 2024 onwards, forecasts show a steady growth in import value, predicting a rise from 2.0946 million US dollars in 2024 to 2.2612 million US dollars in 2028. This reflects a consistent year-on-year growth rate, with an average annual growth rate (CAGR) over five years indicating a modest increase in demand.

Future Trends to Watch For:

Potential changes in consumer preferences towards more eco-friendly or sustainable carpet materials.
Impacts of trade policies and tariffs on textile imports in India.
Technological advancements in carpet production, possibly affecting import dynamics.
Economic factors influencing purchasing power and resultant demand for imported carpets.