The forecast for imports of household type sewing machines to India from 2024 to 2028 shows a steady increase from 836.61 thousand units in 2024 to 961.32 thousand units in 2028. This represents a consistent annual growth trend, with an average growth rate of approximately 3.5% year-on-year. The compounded annual growth rate (CAGR) over these five years also mirrors this positive trajectory.
Future trends to watch for include:
- Technological advancements in sewing machines which might drive higher demand.
- Changes in domestic production capacity that could affect import levels.
- Global supply chain dynamics and trade policies impacting import volumes.
