Product Code: ETC236664 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
India Wool market currently, in 2023, has witnessed an HHI of 3512, Which has increased slightly as compared to the HHI of 1819 in 2017. The market is moving towards concentrated. 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.
Wool is an essential part of India textile industry, contributing to the production of warm clothing and various textiles. India has a long history of wool production and processing, and the wool market remains a significant segment of the country`s textile and fashion industries. Wool is prized for its warmth, comfort, and versatility, making it an enduring choice for a range of products. The wool market in India is shaped by both domestic production and imports, with a focus on quality and sustainability to meet the diverse needs of consumers.
The India wool market is driven by a combination of factors, including the country`s rich textile heritage and its growing fashion industry. The increasing demand for high-quality woolen products, especially in the cold regions of Northern India, drives the market. The global fashion industry`s focus on sustainability and natural fibers also contributes to the market`s growth.
The India wool market faces challenges related to animal welfare concerns and competition from synthetic fibers. The production of wool is heavily dependent on sheep farming, and concerns about animal welfare have led to calls for more sustainable and humane farming practices. These practices can sometimes increase the cost of wool production. Moreover, synthetic fibers have gained popularity in the textile industry due to their cost-effectiveness and ease of production. The wool market must compete with these synthetic alternatives and adapt to changing consumer preferences for sustainable and eco-friendly textiles.
The wool market faced challenges as the fashion industry saw reduced demand during the pandemic. Lockdowns and economic uncertainties affected consumer spending on wool products.
In the India Wool Market, several established players are prominent, including Vardhman Textiles Limited, Raymond Limited, S. Kumars Nationwide Limited, and Arvind Limited. These companies are key contributors to the textile industry in India, producing high-quality woolen products and garments, catering to domestic and international markets.
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 Wool Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Wool Market Revenues & Volume, 2021 & 2031F |
3.3 India Wool Market - Industry Life Cycle |
3.4 India Wool Market - Porter's Five Forces |
3.5 India Wool Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 India Wool Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 India Wool Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Wool Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Wool Market Trends |
6 India Wool Market, By Types |
6.1 India Wool Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 India Wool Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 India Wool Market Revenues & Volume, By Merino Wool, 2021-2031F |
6.1.4 India Wool Market Revenues & Volume, By Peruvian Highland Wool, 2021-2031F |
6.1.5 India Wool Market Revenues & Volume, By Teeswater Wool, 2021-2031F |
6.1.6 India Wool Market Revenues & Volume, By Shetland Wool, 2021-2031F |
6.1.7 India Wool Market Revenues & Volume, By Cashmere Wool, 2021-2031F |
6.1.8 India Wool Market Revenues & Volume, By others, 2021-2031F |
6.2 India Wool Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 India Wool Market Revenues & Volume, By Fine wool (â?¤ 25 µ), 2021-2031F |
6.2.3 India Wool Market Revenues & Volume, By Medium wool (25 to 35 ¼), 2021-2031F |
6.2.4 India Wool Market Revenues & Volume, By Coarse wool (â?¥ 35 µ), 2021-2031F |
6.3 India Wool Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Wool Market Revenues & Volume, By Apparels, 2021-2031F |
6.3.3 India Wool Market Revenues & Volume, By Interior Textiles, 2021-2031F |
7 India Wool Market Import-Export Trade Statistics |
7.1 India Wool Market Export to Major Countries |
7.2 India Wool Market Imports from Major Countries |
8 India Wool Market Key Performance Indicators |
9 India Wool Market - Opportunity Assessment |
9.1 India Wool Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 India Wool Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 India Wool Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Wool Market - Competitive Landscape |
10.1 India Wool Market Revenue Share, By Companies, 2024 |
10.2 India Wool Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |