| Product Code: ETC039425 | Publication Date: Aug 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
India`s knitwear import market saw significant growth in 2024, with top exporting countries being Bangladesh, China, Turkey, Vietnam, and Cambodia. The market displayed high concentration with a high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 19.32%, indicating a robust expansion in the sector. Furthermore, the growth rate from 2023 to 2024 was recorded at 9.28%, showcasing continued momentum in knitwear imports to India. This data suggests a thriving market with strong interest and demand for knitwear products from international sources.

The India knitwear market is expected to witness a CAGR of 8.22% during the forecast period 2025-2031. The growing population, increasing disposable income and improved lifestyle are some of the major factors driving growth in the Indian knitwear industry. Increasing demand for comfortable and stylish apparel has also been playing an important role in fuelling the market growth. Rising awareness about fashion trends among consumers is also one of the key factors boosting demand for branded products, thereby propelling market growth over time.
1) Growing Population: With a population exceeding 1 billion people, India provides immense potential for clothing markets due to its large consumer base with rising disposable incomes. This factor acts as a major driver in contributing towards increased consumption of apparels including knitted wears which is facilitating rapid expansion within this sector.
2) Improved Living Standards & Lifestyle Changes: The emergence of new lifestyles such as nuclear families has led to higher purchasing power by households on discretionary items like clothing and accessories including knitted wears that have ultimately driven significant sales revenues across this segment.
3) Increase In Online Shopping Platforms: Due to increased internet penetration coupled with rising preference for e-commerce platforms among consumers, more customers are now willing to shop online from any part of world even at discounted prices making it much easier than ever before . Consequently , there?s been huge surge in adoption rate across various web based stores that specialize specifically in offering premium quality knitwear items at low costs thus enhancing overall business opportunities along this vertical.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Knitwear Market Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Knitwear Market Market Revenues & Volume, 2021 & 2031F |
3.3 India Knitwear Market Market - Industry Life Cycle |
3.4 India Knitwear Market Market - Porter's Five Forces |
3.5 India Knitwear Market Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Knitwear Market Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 India Knitwear Market Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.8 India Knitwear Market Market Revenues & Volume Share, By Consumer Group, 2021 & 2031F |
3.9 India Knitwear Market Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Knitwear Market Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in India |
4.2.2 Growing popularity of online retail channels for knitwear products |
4.2.3 Rising fashion consciousness and changing consumer preferences towards comfortable and stylish clothing |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Competition from international knitwear brands entering the Indian market |
4.3.3 Seasonal demand variations impacting sales and production planning |
5 India Knitwear Market Market Trends |
6 India Knitwear Market Market, By Types |
6.1 India Knitwear Market Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Knitwear Market Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Knitwear Market Market Revenues & Volume, By Innerwear, 2021-2031F |
6.1.4 India Knitwear Market Market Revenues & Volume, By T-Shirts & Shirts, 2021-2031F |
6.1.5 India Knitwear Market Market Revenues & Volume, By Sweaters & Jackets, 2021-2031F |
6.1.6 India Knitwear Market Market Revenues & Volume, By Sweatshirts & Hoodies, 2021-2031F |
6.1.7 India Knitwear Market Market Revenues & Volume, By Shorts & Trousers, 2021-2031F |
6.1.8 India Knitwear Market Market Revenues & Volume, By Evening Dresses, Suits, & Leggings, 2021-2031F |
6.2 India Knitwear Market Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 India Knitwear Market Market Revenues & Volume, By Natural, 2021-2031F |
6.2.3 India Knitwear Market Market Revenues & Volume, By Synthetic, 2021-2031F |
6.2.4 India Knitwear Market Market Revenues & Volume, By Blended, 2021-2031F |
6.3 India Knitwear Market Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 India Knitwear Market Market Revenues & Volume, By Outerwear, 2021-2031F |
6.3.3 India Knitwear Market Market Revenues & Volume, By Innerwear, 2021-2031F |
6.3.4 India Knitwear Market Market Revenues & Volume, By Sportswear, 2021-2031F |
6.3.5 India Knitwear Market Market Revenues & Volume, By Others, 2021-2031F |
6.4 India Knitwear Market Market, By Consumer Group |
6.4.1 Overview and Analysis |
6.4.2 India Knitwear Market Market Revenues & Volume, By Men, 2021-2031F |
6.4.3 India Knitwear Market Market Revenues & Volume, By Women, 2021-2031F |
6.4.4 India Knitwear Market Market Revenues & Volume, By Kids, 2021-2031F |
6.5 India Knitwear Market Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 India Knitwear Market Market Revenues & Volume, By Online, 2021-2031F |
6.5.3 India Knitwear Market Market Revenues & Volume, By Offline, 2021-2031F |
7 India Knitwear Market Market Import-Export Trade Statistics |
7.1 India Knitwear Market Market Export to Major Countries |
7.2 India Knitwear Market Market Imports from Major Countries |
8 India Knitwear Market Market Key Performance Indicators |
8.1 Average order value (AOV) for knitwear products |
8.2 Customer satisfaction scores related to knitwear product quality and design |
8.3 Percentage of repeat customers for knitwear brands |
9 India Knitwear Market Market - Opportunity Assessment |
9.1 India Knitwear Market Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Knitwear Market Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 India Knitwear Market Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.4 India Knitwear Market Market Opportunity Assessment, By Consumer Group, 2021 & 2031F |
9.5 India Knitwear Market Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Knitwear Market Market - Competitive Landscape |
10.1 India Knitwear Market Market Revenue Share, By Companies, 2024 |
10.2 India Knitwear Market Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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