India Textile and Apparel Market 2022-2027: Industry Growth, Size, Share, Key Manufacturers Analysis and Forecast

Indian textile and apparel market

The Indian textile and apparel market reached a value of US$151.2 billion in 2021. The market is expected to reach US$344.1 billion by 2027, CAGR of 14.8% in 2022 -2027.

SHERIDAN, WYOMING, USA, May 16, 2022 / — The latest research report from the IMARC group, titled “Indian textile and apparel market: Industry Trends, Share, Size, Growth, Opportunities, and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current market scenarios and future. The Indian textile and apparel market reached a value of US$151.2 billion in 2021. A textile refers to a flexible material made up of a network of natural or man-made fibers, often referred to as yarn or yarn. These are formed by knitting, knotting, weaving or pressing the fibers together. Products can be absorbent, stretchy, bulky or very strong and generally feature increased durability and breathability. In India, the textile and apparel industry has become a vital contributor to the Indian economy over the years. Looking ahead, IMARC Group expects the market to reach US$344.1 billion by 2027, growing at a CAGR of 14.8% over the period 2022-2027.

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Overview of the impact of COVID-19:

We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

Industry trends:

The Indian market is mainly driven by the easy availability of abundant raw materials, such as cotton, silk and wool, etc., across India. widely used for making clothes. Furthermore, the increasing investments by the Government of India (GoI) in upgrading textile infrastructure through the widespread integration of advanced technologies into production processes, such as the Scheme for Integrated Textile Parks and the Technology Upgradation Fund Scheme , create a positive effect. outlook for the market. Moreover, the availability of cheap labor at a cheap cost is another factor contributing to the growth of the market. Furthermore, the growing penetration of high-speed internet has catalyzed the trend of rapid expansion of online retail channels across the country, which has boosted the growth of the market.

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Important Attribute and Report Highlights:

• Detailed market share analysis
• Market segmentation by application, raw material and product type.
• Historical, current and projected market size in terms of volume and value
• Latest industry trends and developments
• Competitive landscape for the Indian textile and apparel market
• Strategies of key players and product offerings

Key Market Segmentation:

Breakdown by application:

• Clothing textiles
• Technical textiles
• Fashion textiles
• Interior decoration textiles
• Other textiles

Breakdown by raw material:

• Natural fibers
• Synthetic fibers

Breakdown by product type:

• Thread
• Fabric
• Fiber
• Others

Breakdown by state:

• Maharashtra
• Uttar Pradesh
• Tamil Nadu
• Gujarat
• Karnataka
• Others

Competitive Landscape:

The competitive landscape of the market has been studied in the report along with the detailed profiles of key players operating in the market.

Table of Contents of Indian Textile and Apparel Market Research Report:

• Preface
• Scope and methodology
• Summary
• Introduction
• Indian textile and clothing market
• SWOT analysis
• Value chain analysis
• Price analysis
• Competitive landscape

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Who we are:

The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

Elena Anderson
IMARC Services Private Limited
+1 631-791-1145
write to us here

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