Product Code: ETC422120 | Publication Date: Aug 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India yarn market import shipment demonstrated robust growth with a CAGR of 27.4% from 2020 to 2024. However, the growth rate between 2023 and 2024 moderated to 3.8%. Overall, the market expanded significantly but showed signs of stabilizing towards the end of the period.
The yarn market in India is a cornerstone of the textile industry. With diverse applications across textiles, fashion, and industrial sectors, the yarn market reflects the country`s textile heritage and evolving consumer preferences. The market is marked by innovation in yarn production and increased emphasis on sustainability, serving both domestic and international markets.
The yarn market in India is driven by the country`s status as a global textile hub. India has a robust tradition of textile production and is a significant player in the global textile and apparel supply chain. Factors such as increasing urbanization, a growing middle-class population, and rising exports of textile products are key drivers. The government`s focus on improving the textile sector`s infrastructure and competitiveness also plays a vital role in driving this market.
The India Yarn market encounters challenges related to raw material prices, quality control, and competition from synthetic fibers. Fluctuations in cotton and other natural fiber prices can affect production costs. Ensuring the consistent quality and strength of yarn is essential for textile manufacturers. The market must also adapt to the growing use of synthetic fibers in various applications.
The yarn market in India experienced a downturn during the pandemic as demand from the textile and fashion industries decreased. However, the market adapted by diversifying product lines to include yarn for home textiles, knitting, and crafts. Manufacturers also explored e-commerce to reach a broader customer base.
The India Yarn market is dominated by well-established manufacturers and suppliers. Key players like Vardhman Group, RSWM Limited, and Sutlej Textiles and Industries Ltd. are instrumental in providing a broad spectrum of yarn products. Their offerings cater to the weaving and knitting sectors, supporting the vibrant textile industry in India.
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 Yarn Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Yarn Market Revenues & Volume, 2021 & 2031F |
3.3 India Yarn Market - Industry Life Cycle |
3.4 India Yarn Market - Porter's Five Forces |
3.5 India Yarn Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 India Yarn Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 India Yarn Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 India Yarn Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Yarn Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing textile industry in India, leading to increased demand for yarn |
4.2.2 Government initiatives to promote textile manufacturing and exports |
4.2.3 Technological advancements in yarn production processes, leading to higher efficiency and quality |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices, such as cotton and polyester |
4.3.2 Intense competition from other countries in the global yarn market |
4.3.3 Impact of economic conditions on consumer spending and demand for textiles |
5 India Yarn Market Trends |
6 India Yarn Market, By Types |
6.1 India Yarn Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 India Yarn Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 India Yarn Market Revenues & Volume, By Animal, 2021-2031F |
6.1.4 India Yarn Market Revenues & Volume, By Chemical, 2021-2031F |
6.1.5 India Yarn Market Revenues & Volume, By Plant, 2021-2031F |
6.2 India Yarn Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 India Yarn Market Revenues & Volume, By Natural Fiber, 2021-2031F |
6.2.3 India Yarn Market Revenues & Volume, By Synthetic Fiber, 2021-2031F |
6.3 India Yarn Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 India Yarn Market Revenues & Volume, By Natural Fiber, 2021-2031F |
6.3.3 India Yarn Market Revenues & Volume, By Synthetic Fiber, 2021-2031F |
6.4 India Yarn Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 India Yarn Market Revenues & Volume, By Apparel, 2021-2031F |
6.4.3 India Yarn Market Revenues & Volume, By Home Textile, 2021-2031F |
6.4.4 India Yarn Market Revenues & Volume, By Industrial, 2021-2031F |
7 India Yarn Market Import-Export Trade Statistics |
7.1 India Yarn Market Export to Major Countries |
7.2 India Yarn Market Imports from Major Countries |
8 India Yarn Market Key Performance Indicators |
8.1 Average selling price of yarn in the market |
8.2 Export volume and value of yarn products |
8.3 Adoption rate of advanced yarn production technologies |
8.4 Number of new textile manufacturing units or expansions in India |
8.5 Usage of sustainable or eco-friendly yarn production practices |
9 India Yarn Market - Opportunity Assessment |
9.1 India Yarn Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 India Yarn Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 India Yarn Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 India Yarn Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Yarn Market - Competitive Landscape |
10.1 India Yarn Market Revenue Share, By Companies, 2024 |
10.2 India Yarn Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |