The projected import of sports footwear with soles and uppers made of rubber or plastics to India is expected to rise steadily from 20.175 million USD in 2024 to 22.49 million USD by 2028.
The year-on-year growth rates indicate a steady upward trend:
- 2025: 2.95% increase from 2024
- 2026: 2.81% increase from 2025
- 2027: 2.68% increase from 2026
- 2028: 2.55% increase from 2027
Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is approximately 2.71%, reflecting consistent growth in this segment.
Future trends to watch for include shifts in consumer preferences towards sustainable products, increasing urbanization, and rising disposable incomes in India, which may further drive demand for imported sports footwear in this category. Monitoring these trends could provide insights into future demand dynamics.
