India Textile Market Size & Outlook, 2021-2030
India textile market, 2017-2030 (US$M)
Related Markets
India textile market highlights
- The India textile market generated a revenue of USD 114,191.1 million in 2021 and is expected to reach USD 301,004.3 million by 2030.
- The India market is expected to grow at a CAGR of 11.4% from 2022 to 2030.
- In terms of segment, fashion was the largest revenue generating application in 2021.
- Household is the most lucrative application segment registering the fastest growth during the forecast period.
Textile market data book summary
| Market revenue in 2021 | USD 114,191.1 million |
| Market revenue in 2030 | USD 301,004.3 million |
| Growth rate | 11.4% (CAGR from 2021 to 2030) |
| Largest segment | Fashion |
| Fastest growing segment | Household |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Household, Technical, Fashion |
| Key market players worldwide | INVISTA, BSL-BIOSERVICE Scientific Laboratories GmbH, Lu Thai Textile, Paramount Global Class A, Companhia De Saneamento Basico Do Estado De Sao Paulo ADR, DBL Group, Lumière e i suoi fratelli, Li & Fung, Solvay SA |
Other key industry trends
- In terms of revenue, India accounted for 7.3% of the global textile market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China textile market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 301,004.3 million by 2030.
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Textile Market Scope
Textile Market Companies
| Name | Profile | # Employees | HQ | Website |
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India textile market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to textile market will help companies and investors design strategic landscapes.
Fashion was the largest segment with a revenue share of 64.57% in 2021. Horizon Databook has segmented the India textile market based on household, technical, fashion covering the revenue growth of each sub-segment from 2017 to 2030.
Policies like National Handicrafts Development Programmer and Comprehensive Handicraft Cluster Development Schemes for handicraft development, Powered India for loom upgradation, Silk Samagra for the development of silk sector, Integrated Wool Development Programmer for the growth of the wool sector, and various other skilling programmer are projected to augment the growth of textile market in India.
Major areas of focus for India's government policies are technological advancements, product diversification, financing arrangements, and productivity enhancement. Andhra Pradesh is India’s first integrated textiles city responsible for catering to the export markets and develop a brand abroad.
The Clothing Manufacturers’ Association of India had signed an MoU with the China Chamber of Commerce for Import and Export of Textiles to opt for increasing its apparel exports.
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Target buyers of India textile market databook
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Our clientele includes a mix of textile market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India textile market, including forecasts for subscribers. This country databook contains high-level insights into India textile market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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India textile market size, by application, 2017-2030 (US$M)
India Textile Market Share, 2021 & 2030 (US$M)
Related regional statistics
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