Product Code: ETC051544 | 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 | |
The India Textile Felt Market is estimated to grow at a CAGR of 4.5% during the forecast period from 2020-2026. It was valued at USD 551.3 million in 2019 and is projected to reach up to USD 717.7 million by 2026. The growth of the market can be attributed to factors like increasing disposable income, growing industrialization, modernizing lifestyles, easy availability of raw materials and high demand for eco-friendly products from the textile industry among others.
Increasing Disposable Income: With an increase in disposable income across countries such as India due to economic development, there is a rise in consumer spending on luxury items which has propelled the demand for textile felt products globally. This trend has become prominent especially among young consumers who are willing to pay premium prices for quality goods that have aesthetic appeal or offer convenience and comfortability while using them. Growing Industrialization: The establishment of new industries such as car manufacturing plants and construction sites has led to a surge in demand for textiles felt products as these materials are used widely in manufacturing processes due to their strength, durability and resilience qualities when exposed to extreme temperatures or harsh chemical compounds present within industrial premises often associated with production processes carried out therein.
High Manufacturing Costs: Despite its various benefits over other conventional fabrics or materials used within industrial sectors, one major challenge faced by manufacturers of textiles felt market is the cost associated with its manufacture owing mainly because it requires specific machinery & equipment along with highly skilled labor force needed onsite for weaving purposes thus making it expensive compared against other alternatives available currently within this segment . Due the usage of synthetic fibers , petroleum based chemicals & dyes utilized during manufacture process, environmental impact concerns emerge pertaining primarily towards air & water pollution arising from waste generated through disposal activities thus raising issues related towards ecological balance disruption caused directly via release byproducts into environment.
Eco - Friendly Production Models : There has been considerable shift amongst manufacturers towards adoption of sustainable production techniques that involves utilization green energy sources such as solar power , less usage hazardous chemicals / dyes etc resulting positively towards reduced carbon footprint wherein end users also begin recognizing organization?s efforts taken striving towards achieving common goal protecting environment . Technological Advancements : Use automated machines & robotics further reduce human error factor contributing
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 Textile Felt Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Textile Felt Market Revenues & Volume, 2020 & 2030F |
3.3 India Textile Felt Market - Industry Life Cycle |
3.4 India Textile Felt Market - Porter's Five Forces |
3.5 India Textile Felt Market Revenues & Volume Share, By Raw Material, 2020 & 2030F |
3.6 India Textile Felt Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 India Textile Felt Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Textile Felt Market Trends |
6 India Textile Felt Market, By Types |
6.1 India Textile Felt Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 India Textile Felt Market Revenues & Volume, By Raw Material, 2020-2030F |
6.1.3 India Textile Felt Market Revenues & Volume, By Natural Raw Material, 2020-2030F |
6.1.4 India Textile Felt Market Revenues & Volume, By Synthetic Raw Material, 2020-2030F |
6.2 India Textile Felt Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Textile Felt Market Revenues & Volume, By Clothing, 2020-2030F |
6.2.3 India Textile Felt Market Revenues & Volume, By Footwear, 2020-2030F |
6.2.4 India Textile Felt Market Revenues & Volume, By Rugs, 2020-2030F |
6.2.5 India Textile Felt Market Revenues & Volume, By Tents, 2020-2030F |
6.2.6 India Textile Felt Market Revenues & Volume, By Craft Projects, 2020-2030F |
6.2.7 India Textile Felt Market Revenues & Volume, By Others, 2020-2030F |
7 India Textile Felt Market Import-Export Trade Statistics |
7.1 India Textile Felt Market Export to Major Countries |
7.2 India Textile Felt Market Imports from Major Countries |
8 India Textile Felt Market Key Performance Indicators |
9 India Textile Felt Market - Opportunity Assessment |
9.1 India Textile Felt Market Opportunity Assessment, By Raw Material, 2020 & 2030F |
9.2 India Textile Felt Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 India Textile Felt Market - Competitive Landscape |
10.1 India Textile Felt Market Revenue Share, By Companies, 2023 |
10.2 India Textile Felt Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |