Indian Textile and Apparel Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Indian Textile and Apparel Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A1082
Buy Now

Market Overview:

The Indian textile and apparel market size reached US$ 172.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 387.3 Billion by 2028, exhibiting a growth rate (CAGR) of 14.59% during 2023-2028. The increasing demand for premium quality clothing and footwear items, rising number of schemes launched by the Government of India to empower weavers, and the growing ethically sourced sustainable materials represent some of the key factors driving the market.

Textile refers to various fiber-based materials made by knitting, weaving, or stitching yarns and fabrics, while apparel refers to clothing and footwear items, such as shirts, pants, coats, skirts, suits, heels, sneakers, and boots worn by adults and children. They are intricately designed by skilled weavers and are produced from cotton, linen, leather, satin, lace, crepe, chiffon, silk, and denim or a blend of various materials. They rely on handlooms and power looms and play an integral part of the fashion industry. They are also dyed with various vibrant pigments and often coated with chemicals to make them water-resistant and durable.

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

Indian Textile and Apparel Market Trends:

At present, the rising demand for textiles and apparel to manufacture premium quality clothing and footwear represents one of the key factors influencing the market positively in India. Besides this, the Government of India is undertaking initiatives to empower domestic textile manufacturers. They are consequently providing financial assistance to the weavers by launching production-linked incentive (PLI) schemes to improve the production of textiles and apparel in the country. In addition, the easy accessibility and availability of various raw materials, such as cotton, wool, and silk, in India is contributing to the growth of the market. Apart from this, key market players are manufacturing textiles and apparel with sustainable and ethically sourced materials, such as vegan leather and plant-based faux fur, to prevent animal cruelty and reduce the implementation of unethical practices in rearing animals. They are also minimizing the use of various toxic chemicals in the textile processing and dying method to reduce water pollution in India. Additionally, the rising utilization of various silks and leather by luxury apparel brands to manufacture multiple clothing items and durable bags and footwear is propelling the growth of the market in the country. Moreover, the growing number of e-commerce businesses and distribution channels selling premium quality fabrics and apparel online is offering a favorable market outlook. Furthermore, the increasing demand for durable and long-lasting clothing and footwear items due to the rising awareness about the harmful impacts of fast fashion on the environment is bolstering the market growth in India.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Indian textile and apparel market report, along with forecasts at the country and state level from 2023-2028. Our report has categorized the market based on application, raw material and product type.

Raw Material Insights:

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

  • Natural Fibers
  • Man-Made Fibers
     

The report has provided a detailed breakup and analysis of the Indian textile and apparel market based on the raw material. This includes natural fibers and man-made fibers. According to the report, natural fibers represented the largest segment.

Application Insights:

  • Clothing Textiles
  • Technical Textiles
  • Fashion Textiles
  • Home-Décor Textiles
  • Other Textiles
     

A detailed breakup and analysis of the Indian textile and apparel market based on the application has also been provided in the report. This includes clothing textiles, technical textiles, fashion textiles, homer-décor textiles, and other textiles. According to the report, clothing textiles accounted for the largest market share.

Product Type Insights:

  • Yarn
  • Fabric
  • Fibre
  • Others
     

A detailed breakup and analysis of the Indian textile and apparel market based on the product type has also been provided in the report. This includes yarn, fabric, fiber, and others. According to the report, yarn accounted for the largest market share.

State Insights:

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

The report has also provided a comprehensive analysis of all the major regional markets that include Maharashtra, Uttar Pradesh, Tamil Nadu, Gujarat, Karnataka, and others. According to the report, Maharashtra was the largest market for textile and apparel in India. Some of the factors driving the Maharashtra textile and apparel market included the increasing number of skilled weavers, thriving e-commerce industry, rising availability of raw materials, etc.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the Indian textile and apparel market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Welspun Group, Vardhman Group, Alok Industries Limited, Raymond limited, Bombay Dyeing, and Garden Silk Mills Limited. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Application, Raw Material, Product Type, State
States Covered Maharashtra, Uttar Pradesh, Tamil Nadu, Gujarat, Karnataka, Others
Companies Covered Welspun Group, Vardhman Group, Alok Industries Limited, Raymond Limited, Bombay Dyeing and Garden Silk Mills Limited
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

  • How has the Indian textile and apparel market performed so far and how will it perform in the coming years?
  • What are the drivers, restraints, and opportunities in the Indian textile and apparel market?
  • What are the key regional markets?
  • What is the breakup of the market based on the raw material?
  • What is the breakup of the market based on application?
  • What is the breakup of the market based on product type?
  • What is the competitive structure of the Indian textile and apparel market?
  • Who are the key players/companies in the Indian textile and apparel market?
     

Key Benefits for Stakeholders:

  • IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Indian textile and apparel market from 2017-2028.
  • The research study provides the latest information on the market drivers, challenges, and opportunities in the Indian textile and apparel market.
  • The study maps the leading as well as the fastest growing regional markets.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Indian textile and apparel industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Indian Textile and Apparel Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Select Licence Type



Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Clients Testimonial

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More