Overview

India’s export market for Woven track-suits has been under pressure, with a decline of -1.74% CAGR from 2016 to 2023, reaching $907.2 million in 2023. Despite the overall decline, India’s export performance is heavily influenced by key importers, including the USA, UK, UAE, and France.

The USA is the largest importer of Indian Woven track-suits, accounting for 41.3% of India’s export market share. With a CAGR of 8.77%, the USA’s imports have been consistently increasing, reaching $375.1 million in 2023, making it the most important market for India.

The UK holds the second spot, with a CAGR of 5.26%, reaching $102.0 million in 2023. The UK imports represent 11.2% of India’s total export market share, showing a steady demand for Indian products.

Despite some fluctuations, the UAE continues to be a significant importer, holding 4.7% of the market share. The CAGR is slightly negative at -0.73%, with imports totaling $42.4 million in 2023.

India’s Position

India holds a 6.73% global market share for Woven track-suit exports, with the USA, UK, and UAE being key players in its export market. While there is a decline in overall growth, the positive performance from markets like the USA and UK presents opportunities for India to stabilize and potentially expand its market share by focusing on these demand-driven regions.