Product Code: ETC172843 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Technical Textile market currently, in 2023, has witnessed an HHI of 1910, Which has increased slightly as compared to the HHI of 1601 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The India technical textiles market is expected to grow exponentially in the next five years. The growing demand for high-performance fabrics and materials, coupled with technological advancements, will drive significant growth in the sector. In addition, government initiatives such as Make in India and favorable taxation policies are likely to further boost demand for technical textiles from various industries such as agriculture, automotive, construction and medical sectors. Furthermore, rising disposable income levels will lead to increased consumption of value-added products made from advanced textile fibers and yarns.
The major factors driving growth of the India Technical Textile market are increasing demand from various end user industries such as automotive, healthcare, construction & infrastructure, agriculture and environment protection etc., increasing government support through schemes like Make in India Initiative among others. In addition to this, other factors contributing to growth include rising disposable incomes leading to increased spending on consumer goods along with increasing demand for high performance materials which provide superior properties than traditional fibres used for textile production. Furthermore technological advancements have made way for new products with enhanced features such as flame retardant or waterproof fabrics enabling players to cater better suited fabric requirements of customers thereby driving demand especially from segments like transport where safety factor plays an important role while choosing fabrics used in production process.
In spite of many opportunities presented by the industry, some challenges faced by manufacturers are lack of adequate technical know-how amongst the labor force leading to higher costs, low availability of skilled workforce, inadequate capital investment leading to high-cost machinery , unavailability of raw materials locally due its export dominated nature etc. Additionally presence of strong import competition due low pricing compared local producers also presents challenge before the domestic industry.Stringent environmental regulations pose another challenge going forward forcing companies undertake measures ensure compliance or face heavy fines imposed authorities.
Some major players operating in Indiatechinical textile space are KG Denim Ltd., Welspun Group , Trident Limited , Raymond Uco Denim Pvt Ltd., Soorty Enterprises Pvt Ltd., Orkay Silk Mills Pvt Ltd among others
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 Technical Textile Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Technical Textile Market Revenues & Volume, 2020 & 2030F |
3.3 India Technical Textile Market - Industry Life Cycle |
3.4 India Technical Textile Market - Porter's Five Forces |
3.5 India Technical Textile Market Revenues & Volume Share, By Material, 2020 & 2030F |
3.6 India Technical Textile Market Revenues & Volume Share, By Technology, 2020 & 2030F |
3.7 India Technical Textile Market Revenues & Volume Share, By End Use Application, 2020 & 2030F |
4 India Technical Textile Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Technical Textile Market Trends |
6 India Technical Textile Market, By Types |
6.1 India Technical Textile Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 India Technical Textile Market Revenues & Volume, By Material, 2020-2030F |
6.1.3 India Technical Textile Market Revenues & Volume, By Natural Fiber, 2020-2030F |
6.1.4 India Technical Textile Market Revenues & Volume, By Synthetic polymers/fibers, 2020-2030F |
6.1.5 India Technical Textile Market Revenues & Volume, By Mineral fiber, 2020-2030F |
6.1.6 India Technical Textile Market Revenues & Volume, By Regenerated Fiber, 2020-2030F |
6.1.7 India Technical Textile Market Revenues & Volume, By Metal fiber, 2020-2030F |
6.1.8 India Technical Textile Market Revenues & Volume, By Others, 2020-2030F |
6.2 India Technical Textile Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 India Technical Textile Market Revenues & Volume, By Woven, 2020-2030F |
6.2.3 India Technical Textile Market Revenues & Volume, By Knitted, 2020-2030F |
6.2.4 India Technical Textile Market Revenues & Volume, By Non-Woven, 2020-2030F |
6.2.5 India Technical Textile Market Revenues & Volume, By others, 2020-2030F |
6.3 India Technical Textile Market, By End Use Application |
6.3.1 Overview and Analysis |
6.3.2 India Technical Textile Market Revenues & Volume, By MobilTech, 2020-2030F |
6.3.3 India Technical Textile Market Revenues & Volume, By InduTech, 2020-2030F |
6.3.4 India Technical Textile Market Revenues & Volume, By SporTech, 2020-2030F |
6.3.5 India Technical Textile Market Revenues & Volume, By BuildTech, 2020-2030F |
6.3.6 India Technical Textile Market Revenues & Volume, By HomeTech, 2020-2030F |
6.3.7 India Technical Textile Market Revenues & Volume, By ClothTech, 2020-2030F |
6.3.8 India Technical Textile Market Revenues & Volume, By Others, 2020-2030F |
6.3.9 India Technical Textile Market Revenues & Volume, By Others, 2020-2030F |
7 India Technical Textile Market Import-Export Trade Statistics |
7.1 India Technical Textile Market Export to Major Countries |
7.2 India Technical Textile Market Imports from Major Countries |
8 India Technical Textile Market Key Performance Indicators |
9 India Technical Textile Market - Opportunity Assessment |
9.1 India Technical Textile Market Opportunity Assessment, By Material, 2020 & 2030F |
9.2 India Technical Textile Market Opportunity Assessment, By Technology, 2020 & 2030F |
9.3 India Technical Textile Market Opportunity Assessment, By End Use Application, 2020 & 2030F |
10 India Technical Textile Market - Competitive Landscape |
10.1 India Technical Textile Market Revenue Share, By Companies, 2023 |
10.2 India Technical Textile Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |