Indian Textile and Apparel Market Overview:
IMARC Group’s latest research report, titled “Indian Textile and Apparel Market Report 2022: Industry Trends, Share, Size, Growth, Opportunity, and Forecast Till 2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios. The Indian Textile and Apparel Market reached a value of US$ 151.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 344.1 Billion by 2027, exhibiting a CAGR of 14.8% during 2022-2027.
A textile is refers to a flexible material consisting of a network of natural or artificial fibers, often referred to as thread or yarn. These are formed by knitting, knotting, weaving, or pressing the fibers together. The products can be either absorbent, stretchy, bulky, or very strong are commonly characterized by enhanced durability and breathability. In India, the textile and apparel industry has become a vital contributor to the Indian economy over the years.
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Industry Trends:
The market in India is majorly driven by the easy availability of abundant raw materials, such as cotton, silk and, wool, etc, across India that are. widely used for manufacturing apparel. Furthermore, the increasing investments by the government of India (GoI) in the upgradation of the textile infrastructure by the widespread integration of advanced technologies with the production processes such as the Scheme for Integrated Textile Parks and the Technology Upgradation Fund Scheme, are creating a positive outlook for the market. Moreover, the availability of cheap labor at a cheap cost is another factor contributing to market growth. Additionally, increasing penetration of high-speed internet has catalyzed tand the rapid expansion of online retail channels acrossing in the country are also , thereby providing a boost to the market growth.
Important Attribute and highlights of the Report:
- Detailed analysis of the market share
- Market Segmentation by application, raw material and product type.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Indian Textile and Apparel Market
- Strategies of major players and product offerings
Key Market Segmentation:
Breakup by Application:
- Clothing Textiles
- Technical Textiles
- Fashion Textiles
- Home-Decor Textiles
- Other Textiles
Breakup by Raw Material:
- Natural Fibres
- Man-Made Fibres
Breakup by Product Type:
- Yarn
- Fabric
- Fibre
- Others
Breakup by State:
- Maharashtra
- Uttar Pradesh
- Tamil Nadu
- Gujarat
- Karnataka
- Others
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Note: If you want latest primary and secondary data (2022- 2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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