Product Code: ETC073843 | Publication Date: Jun 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India is one of the most renowned players in the global embroidery industry and has a long tradition of intricate designs, exquisite workmanship and vibrant colors. It is estimated that more than 2 million people are directly employed in this sector while millions more are involved indirectly. The Indian market for embroidery products has been growing steadily over the past decade with an annual growth rate exceeding 10%.
The primary drivers behind this growth can be attributed to high consumer demand for fashionable apparel and home furnishing items made from embriodery fabrics, increased availability of quality raw materials at competitive prices due to improved production processes & technology advancements, enhanced brand awareness among domestic consumers as well as higher acceptance among foreign buyers. Furthermore, increasing popularity of online retail portals also provides immense opportunities to expand reach within both local & international markets.
However, despite its potential, there still lies some challenges hindering further expansion within this sector such as low-level automated machinery which limits productivity levels; lack of skilled labor due to rising cost pressures; inadequate infrastructure; high cost associated with updating existing technologies thus making it difficult for small scale operations to compete with large enterprises etc.
In recent years many trends have emerged including 3D-embroidered patterns used on garments or accessories like hats/caps; use of eco-friendly threads like bamboo yarns instead of traditional cotton threads etc., thereby introducing new product categories altogether into the mix! Additionally, customization options available through ecommerce platforms have allowed customers greater flexibility in terms creating their own unique designs - something not possible earlier due to limited choice offered by offline stores.
Some key players currently dominating India?s Embroidery Market include Vardhman Group (a leading manufacturer & exporter), Kanishka Textiles (specializing in machine embroideries) and Siyaram Silk Mills Ltd(focused on premium range). These companies collectively account for nearly 25% share within India total Embroidery market size ? showcasing their dominance over other competitors!
Like all other sectors worldwide ? India?s Embroidery industry too has been significantly impacted by Covid 19 pandemic resulting in lost orders & delayed shipments disrupting entire supply chain network across globe . This coupled with reduced consumer spending power owing to job losses & salary cuts taking toll.
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 Embroidery Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Embroidery Market Revenues & Volume, 2020 & 2027F |
3.3 India Embroidery Market - Industry Life Cycle |
3.4 India Embroidery Market - Porter's Five Forces |
3.5 India Embroidery Market Revenues & Volume Share, By Product Type, 2020 & 2027F |
3.6 India Embroidery Market Revenues & Volume Share, By Applications, 2020 & 2027F |
4 India Embroidery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Embroidery Market Trends |
6 India Embroidery Market, By Types |
6.1 India Embroidery Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Embroidery Market Revenues & Volume, By Product Type, 2018 - 2027F |
6.1.3 India Embroidery Market Revenues & Volume, By Surface Embroidery, 2018 - 2027F |
6.1.4 India Embroidery Market Revenues & Volume, By Counted Embroidery, 2018 - 2027F |
6.1.5 India Embroidery Market Revenues & Volume, By Needlepoint, 2018 - 2027F |
6.2 India Embroidery Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Embroidery Market Revenues & Volume, By Caps, 2018 - 2027F |
6.2.3 India Embroidery Market Revenues & Volume, By Coats, 2018 - 2027F |
6.2.4 India Embroidery Market Revenues & Volume, By Blankets, 2018 - 2027F |
6.2.5 India Embroidery Market Revenues & Volume, By Dress Shirts, 2018 - 2027F |
6.2.6 India Embroidery Market Revenues & Volume, By Denim, 2018 - 2027F |
6.2.7 India Embroidery Market Revenues & Volume, By Dresses, 2018 - 2027F |
7 India Embroidery Market Import-Export Trade Statistics |
7.1 India Embroidery Market Export to Major Countries |
7.2 India Embroidery Market Imports from Major Countries |
8 India Embroidery Market Key Performance Indicators |
9 India Embroidery Market - Opportunity Assessment |
9.1 India Embroidery Market Opportunity Assessment, By Product Type, 2020 & 2027F |
9.2 India Embroidery Market Opportunity Assessment, By Applications, 2020 & 2027F |
10 India Embroidery Market - Competitive Landscape |
10.1 India Embroidery Market Revenue Share, By Companies, 2020 |
10.2 India Embroidery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |