#Cotton Export Data from India
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Cotton Export from India: A Detailed Guide
Cotton is a crucial commodity in the global textile industry, and India stands as one of the leading players in cotton production and export. The cotton export from India significantly contributes to the country's economy, making it an essential topic for those interested in international trade and agriculture. This article delves into various aspects of cotton export from India, including raw cotton exports, leading cotton exporters, export data, and the countries importing Indian cotton.
History of Cotton Cultivation in India
India has a long history of cotton cultivation, dating back to ancient times. The Indus Valley Civilization is believed to have cultivated and woven cotton as early as 3000 BCE. Over the centuries, India has continued to develop its cotton industry, becoming a significant player on the global stage. The British colonial era saw the establishment of large cotton mills, and post-independence, India has further expanded its cotton cultivation and export capabilities.
Major Cotton Growing Regions in India
India's diverse climate allows for extensive cotton cultivation across various regions. The primary cotton-growing states include:
Gujarat: Known as the largest cotton-producing state in India, Gujarat contributes significantly to the country's raw cotton exports.
Maharashtra: Another major player, Maharashtra, has vast cotton fields and a robust cotton industry.
Telangana and Andhra Pradesh: These southern states also contribute considerably to India's cotton production, with numerous farms dedicated to growing high-quality cotton.
Punjab and Haryana: In the north, these states are known for their extensive use of modern agricultural techniques in cotton cultivation.
Types of Cotton Exported from India
India exports a variety of cotton types, including:
Shankar-6: A high-quality, long-staple cotton that is in demand globally.
MCU-5: Known for its superior spinning quality, this cotton type is favored by textile manufacturers.
DCH-32: A premium variety of cotton known for its fine quality and used in high-end textiles.
Leading Cotton Exporters in India
Several companies play a pivotal role in raw cotton exports from India. The top cotton exporters in India include:
Welspun India: A major player in the textile industry, Welspun India is known for its high-quality cotton exports.
Vardhman Textiles: This company has a strong presence in the global market, exporting a significant amount of cotton annually.
Nahar Spinning Mills: Known for its large-scale operations and quality products, Nahar Spinning Mills is a key exporter of Indian cotton.
Cotton Export Data from India
India's cotton export data provides valuable insights into the industry's performance. According to India cotton export statistics, the country exported approximately 1.8 million bales of cotton in the 2020-2021 fiscal year. This data highlights the significance of cotton in India's agricultural exports and its impact on the global market.
Export Process and Quality Control
The process of exporting cotton from India involves several steps to ensure the quality and consistency of the product:
Cultivation and Harvesting: Indian farmers use a combination of traditional and modern techniques to cultivate and harvest cotton, ensuring high yield and quality.
Ginning and Pressing: After harvesting, cotton undergoes ginning to separate the seeds from the fibers. The fibers are then pressed into bales for export.
Quality Control: To maintain high standards, cotton exporters in India adhere to strict quality control measures, including inspections and certifications from organizations such as the Cotton Association of India (CAI) and the Textile Committee.
Cotton Export from India to Which Country?
Indian cotton is exported to several countries worldwide, with major importers including:
China: As the largest importer, China relies heavily on Indian cotton for its extensive textile industry.
Bangladesh: Another significant market, Bangladesh imports large quantities of Indian cotton to fuel its booming garment sector.
Vietnam: Known for its rapidly growing textile industry, Vietnam is a key destination for Indian cotton.
Indonesia and Turkey: These countries also import substantial amounts of cotton from India, using it in their textile and apparel industries.
Challenges Faced by Cotton Exporters in India
Despite the successes, cotton exporters in India face several challenges:
Fluctuating Prices: Global cotton prices can be highly volatile, affecting the profitability of cotton exports.
Quality Issues: Ensuring consistent quality is crucial, as any lapse can lead to rejections and financial losses.
Competition: India faces strong competition from other major cotton producers such as the United States, Brazil, and Australia.
Climate Change: Unpredictable weather patterns can impact cotton yields and quality, posing a significant risk to the industry.
Future Prospects for Cotton Export from India
The future of cotton export from India looks promising, with several opportunities for growth:
Emerging Markets: New markets in Africa and the Middle East present potential for expanding Indian cotton exports.
Technological Advancements: The adoption of modern agricultural techniques and technologies can boost productivity and quality.
Sustainable Practices: Emphasizing sustainable and organic cotton farming can attract more international buyers concerned with environmental impact.
Conclusion
Cotton export from India is a vital component of the country's agricultural and economic landscape. With its rich history, diverse growing regions, and high-quality product, India continues to be a major player in the global cotton market. Despite challenges, the industry's future remains bright, driven by innovation, quality control, and expanding market opportunities.
FAQs
1) What are the major cotton-growing regions in India?
The major cotton-growing regions in India include Gujarat, Maharashtra, Telangana, Andhra Pradesh, Punjab, and Haryana.
2. Which are the top cotton exporters in India?
Top cotton exporters in India include Welspun India, Vardhman Textiles, and Nahar Spinning Mills.
3. What types of cotton does India export?
India exports various types of cotton, including Shankar-6, MCU-5, and DCH-32.
4. What challenges do Indian cotton exporters face?
Indian cotton exporters face challenges such as fluctuating prices, quality issues, competition, and climate change.
5. Which countries import the most cotton from India?
China, Bangladesh, Vietnam, Indonesia, and Turkey are among the largest importers of Indian cotton.
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India leads in producing and exporting high-quality raw cotton, contributing to foreign exchange earnings. Key players include Welspun India, Vardhman Textiles, Trident Group, Arvind, and Nahar Spinning Mills. India's future looks promising due to global demand and technological advancements. Check out our blog for full details.
#Cotton Export from India#Raw Cotton Exports from India#Cotton Exporters in India#Cotton Export Data from India#India Cotton Export Statistics#Top Cotton Exporters in India#Cotton Export from India to which Country
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Explore the dynamics of India's cotton export market in 2024 with Seair Exim Solutions. Gain valuable insights into the latest trends, buyer-seller dynamics, and regulatory updates shaping the industry. Unlock comprehensive data and analysis to navigate the evolving landscape of cotton exports from India.
#top cotton exporting countries#cotton export from india#cotton export data from india#cotton exporters#cotton export#cotton yarn hs code#cotton export data
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https://www.seair.co.in/blog/cotton-export-from-india-2022-23-data.aspx
Explore the latest insights into cotton export from India in our Seair Exim Solutions blog. Delve into the data from 2023-24 to uncover key statistics, market dynamics, and emerging opportunities in the cotton export sector.
#top cotton exporting countries#cotton export from india#cotton export data from india#cotton exporters#cotton export#cotton yarn hs code#cotton export data
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#T-Shirt export business#T-Shirt export from India#T-Shirt export surplus#T-Shirt export data#T-Shirt manufacturer India#Cotton T-Shirt export
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Lululemon
Worker Wage - ★★☆☆☆
Based on the available information, we have found that Lululemon salaries in the US range from $8-$24.15, which is 9% below the national average. While Lululemon does not publish information on the wages of garment workers, outside sources state that the factory workers, who produce Lululemon’s garments, claim to be paid $110 a month in Bangladesh.
Working Conditions - ★☆☆☆☆
Their clothing is produced in Canada, the US, Peru, China, Bangladesh, Indonesia, India, Israel, Taiwan, South Korea, Malaysia, Cambodia, Sri Lanka, Vietnam, and Switzerland. Lululemon’s outsourced labor has raised questions in the past as to the treatment of the garment workers. In an investigation conducted by The Guardian, the workers claim to have been physically assaulted, verbally abused, and forced to work overtime, while making significantly less than the living wage.
Sustainable Materials - ★★☆☆☆
Lululemon says they aim to source more sustainable raw materials and fibers including recycled and renewable and recycled polyester and nylon. They aim to achieve at least 75% sustainable materials by 2025. Currently, they use low quantities of cotton and recycled materials. According to changingmarkets.org, Lululemon uses 23,390 tonnes of synthetics and 62% synthetic fibers in the production of their garments.
Environmental Impact - ★★★☆☆
On Lululemon’s website, they stress the company's aim towards reducing their carbon footprint by “eliminating waste and closed-loop innovation, making progress toward clean water and better chemistry”. Their website also stresses their goals such as reducing 60% of emissions in all owned and operated facilities and across their global supply chain. They intend to progress toward their goal by sourcing renewable energy, partnering with their manufacturers, and sourcing more raw sustainable materials. They have also joined THE CLIMATE GROUP’S RE100, signed the UN Fashion Industry Charter for Climate Action. There is no evidence of Lululemon reducing their carbon emissions during the logistics stage of exportation.
Social Impact - ★★★☆☆
In 2022, Lululemon announced they would be donating $75.3 million to the BC Parks Foundation to support environmental preservation and habitat conservation efforts in British Columbia.
Inclusivity - ★★☆☆☆
Sizes at Lululemon range from XS-XXL, and model diversity does not reflect diverse sizing. Prices tend to be on the higher end.
Sources:
https://shop.lululemon.com/
#lululemon#sustainability#fashion#2 star worker wage#1 star working conditions#2 star sustainable materials#3 star environmental impact#3 star social impact#2 star inclusivity
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How to Start a Profitable Seeds Export Business from India: A Complete Guide
India, with its rich agricultural diversity and vast range of crop varieties, offers tremendous potential for starting a seeds export business. The seeds industry is one of the most economical means to boost agricultural production and is central to food production worldwide. By supplying quality seeds, a significant portion of productivity can be achieved at minimal costs, with 20–25% of productivity directly attributed to seed quality. In this guide, we’ll explore how you can launch and grow a successful seeds export business in India.
Why Start a Seeds Export Business?
Starting a seeds export from India can be a highly profitable venture. India’s seed industry requires relatively lower investment than traditional commercial crops while providing greater profitability. Furthermore, there is a high demand for Indian seeds, including oilseeds, pulses, and various other crops, in global markets. Some of the primary states for seed production include Andhra Pradesh, Gujarat, Karnataka, Maharashtra, Rajasthan, and Haryana.
Key Steps to Start Seeds Export Business in India
1. Conduct Market Research and Identify Scope
The first step in any export business is to conduct thorough market research. Identify which seeds are in high demand in international markets, understand the policies surrounding seed export, and gain insights into India’s export potential. Some of the most commonly exported seeds from India include sunflower, safflower, mustard, groundnut, sesame, tamarind, cotton, castor, cumin, and chia seeds. India exports $70 million worth of seeds annually, with a significant share going to countries like the United States, the Netherlands, the United Arab Emirates, and China.
2. Obtain Necessary Licenses and Documentation
To export seeds from India, you’ll need to obtain licenses and complete documentation as per the Indian government's regulations. This includes submitting an application to the EXIM Committee of the Department of Agriculture and Cooperation, which will then recommend it to the DGFT (Directorate General of Foreign Trade). Here are some essential documents you’ll need:
Form A
Identity proof (e.g., PAN card, Aadhaar)
Authorization from the company
Treasury Challan for Rs. 1,000
Location map of the business premises
Company registration certificate with Memorandum of Association (MOA)
Importer-Exporter Code (IEC)
3. Gather Key Statistics on Seeds Export from India
Staying informed about the latest data on India’s seed exports is crucial for competitive advantage. For instance, India exported $223.52 million worth of groundnuts in 2023, primarily to Southeast Asian countries like Indonesia, Vietnam, and the Philippines. Understanding these statistics allows you to identify which seeds have high export value and which countries are the main importers.
4. Major Export Destinations for Indian Seeds
India exports seeds to numerous countries across continents. Each type of seed has its leading destination markets. For example:
Oilseeds: United States, UAE, Netherlands, and Singapore.
Groundnuts: Indonesia, Vietnam, Malaysia, and Iran.
Sesame Seeds: Vietnam, South Korea, the United States, and Russia.
Sowing Seeds: United States, Mexico, UAE, and Bangladesh.
Knowing these primary destinations allows you to focus your efforts on high-demand countries and better strategize your export plans.
5. Identify Potential Seed Buyers
Finding reliable buyers is essential for success in the seeds export business. Participating in trade shows, buyer-seller gatherings, exhibitions, and B2B portals are excellent ways to connect with potential buyers. Some popular platforms like Seair Exim Solutions provide data-driven insights on potential buyers, helping you obtain key information like port names, country of origin, and shipment values.
6. Meet Market Entry and Export Requirements
Each country has its own regulatory requirements for imported seeds, so ensure your seeds comply with your target countries' pest risk analysis and other regulations. This might involve sampling, field trials, or other procedures to confirm seed quality and compliance. When setting prices, consider factors like freight and insurance costs to make your products competitively priced in international markets.
Major Indian Seed Exporters
Many companies in India are already thriving in the seeds export business, setting a benchmark for quality and reliability. Some of the leading seed exporters in India include SeedEXIM, HL Agro, Bombay Super Hybrid Seeds Limited, and Yuvaraju Agro Impex. These companies are known for their seed export expertise and can inspire new entrants.
Conclusion: Establishing Your Seed Export Business in India
Starting a seeds export business in India requires careful planning, in-depth market knowledge, and compliance with various regulations. However, by following this comprehensive guide, you can successfully navigate the complexities of the industry and build a profitable business. Take the time to conduct market research, identify key buyers, and ensure your products meet international standards.
India’s potential for seeds export is vast, with opportunities for new businesses to expand and thrive. By understanding the market and securing the necessary licenses, you can position yourself for success in this lucrative industry.
#seeds export from India#export seeds from India#export of seeds from India#seed exporters in India#chia seeds export from India#cumin seeds export from India
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Turkish textile industry will meet at the textile machinery fair GTM2025 in Gaziantep
The GTM 2025 Textile Machinery Fair, which brings together the leading figures in the textile industry with the region where 75 percent of Turkish textile production is carried out, will be the prevalent textile event both in Turkey and around the world. The Gaziantep Textile Machinery Fair GTM 2025 will set out a vision for world textiles, and will bring a mobility to the industry valued at millions of dollars. Gaziantep, the meeting spot of Turkish textiles where the production of Turkish textile and garment products are mainly carried out around neighboring cities such as Adana, Adıyaman, Kayseri, Kahramanmaraş, Malatya, Niğde, Osmaniye and Şanlıurfa, is an important center for the organization of a such event. The Textile Machinery Fair, which will be held in a 30,000 square meter closed area at the Gaziantep Middle East Fair Center between October 15-17, 2025, will bring together domestic and foreign machinery manufacturers with the textile industry.
GTM 2025 Fair
Will be held under the auspices of Gaziantep Metropolitan Municipality With the support of textile and raw material exporter associations With the cooperation of Gaziantep Chamber of Industry, Gaziantep Chamber of Commerce, Gaziantep Organized Industrial Zone Directorate.
Business Networking Opportunities Worth of Million Dollars
According to statistical data, the Turkish textile machinery market has a volume of 3 billion 4 million dollars. According to 2023 TÜİK data, 1 billion 950 million dollars of textile machinery imports were realized, while 1 billion 450 million dollars of the Turkish domestic market's capacity was met by domestic textile machinery manufacturers. In the same period, exports of Turkish textile machinery manufacturers recorded as 840 million dollars. Turkey is the world's largest machinery buyer, right after China and India. It is the most important market for both domestic and foreign machinery manufacturers. At Gaziantep Textile and Apparel Machinery Fair GTM2025, which will bring the textile industry together under one roof, technology manufacturer brands will showcase their newest applications and will have the opportunity to exhibit their innovative products. Companies wishing to take advantage around domestic and foreign markets will have the opportunity to establish new business connections and to form new partnerships. The fair, which will increase the innovative capacity of the textile industry, will bring a mobility to the industry valued at millions of dollars.
What will be showcased at the Fair?
Textile machinery manufacturer companies participating in the fair will have the opportunity to directly reach the market with the hosting of Gaziantep, which holds a prominent importance in textiles, ready-made clothing, home textiles, carpet, nonwoven, fabric and yarn production. Gaziantep, which is amongst the provinces that have made significant progress in the textile sector, has been the leader in many product groups with its Textile Production Capacities. In addition to the textile production carried out by Gaziantep, the city positioned as the center of Turkish textile production with the textile industry which is clustered around the neighboring cities. Gaziantep, is the leading producer in Turkey, producing 91% of the machine-made carpet production in Turkey, 91% of the Polipropilen İplik / Polypropylene Yarn production produced in Turkey, 82% of Dokusuz kumaş / Nonwoven fabric production, 77% of (Akrilik İplik) Acrylic Yarn production, 48% of Gipe İplikler / Gipe Yarns production, 40% of the production of Çuval, torba / Bags and Sacks from PE/PP Band from PE or PP strip, 36% of Pamuk İpliği / Cotton Yarn alone.
The following Product Groups constitute the Participant Concept of the Fair;
Yarn Preparation Machines
Yarn and Fabric, Dyeing & Finishing Machines
Cotton and Fiber Preparation Machines
Transferring, Twisting, Texturing Machines
Nonwoven Machines
Weaving Preparation Machines
Weaving Machines
Tufting and Carpet Weaving Machines
Narrow Weaving Machines
Warp Knitting Preparation Machines
Flat and Circular Knitting Machines
Washing, Bleaching, Drying Machines
Wrapping and Folding Machines
Cord and Rope Machines
Socks Machines
Embroidery Machines
Quilting Machines
Textile Printing Machines
Digital Textile Printing Machines
Textile Printing Dyes and Chemicals
Textile Chemicals, Laboratory Equipment and Quality Control Systems
CAD-CAM-CIM Applications and Automation Systems
Auxiliary Machines, Spare Parts and Accessories
Garment machines and accessories
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Exploring TexPro's Export-Import Data & Trade Analysis Capabilities
In today’s globalized textile and apparel industry, staying competitive requires businesses to have access to accurate and up-to-date trade data. Export-import activities are at the core of global supply chains, and understanding the dynamics of trade flows can help businesses make informed decisions about sourcing, procurement, and market expansion.
TexPro, a leading market intelligence tool, offers an in-depth look into global trade activities, helping textile and apparel businesses gain a competitive edge. With its robust export-import data and trade analysis capabilities, TexPro empowers businesses to analyze trade flows, monitor international markets, and make data-driven decisions for long-term success.
1. Comprehensive Export-Import Data for Textile and Apparel Markets
TexPro provides businesses with access to extensive export-import data for over 100 reporting countries and 150 partnering countries, covering a wide range of commodities and products in the textile and apparel sector. By utilizing detailed trade data, businesses can understand the movement of goods, identify new sourcing opportunities, and monitor their competitors’ activities.
Key Features of TexPro’s Export-Import Data:
Global coverage: Access export-import data for key textile markets such as China, India, the U.S., the EU, and emerging markets.
Product-specific insights: Analyze trade flows by specific commodities, such as cotton, yarn, synthetic fibres, and finished apparel, providing tailored insights into your area of interest.
HS code tracking: Monitor trade data at the HS code level, covering over 1,000 product categories relevant to the textile and apparel industry.
Country-to-country analysis: Understand bilateral trade flows between countries, helping you make informed sourcing and market expansion decisions.
For example, if a business is looking to source cotton from India, TexPro’s export-import data can reveal the volume of cotton exported to different countries, allowing businesses to identify reliable suppliers and assess pricing trends.
Explore TexPro’s export-import data for real-time trade insights. Request a Free Demo.
2. Analyzing Trade Flow Patterns and Trends
Understanding trade flow patterns is crucial for optimizing supply chains, forecasting demand, and identifying new market opportunities. TexPro’s trade analysis capabilities enable businesses to track trade flows across global markets, providing insights into the volume, value, and direction of goods being traded.
How TexPro Helps Analyze Trade Flows:
Volume and value tracking: Monitor the quantity and monetary value of goods being traded, giving you a clear picture of global demand and supply trends.
Historical data: Access historical trade data to analyze long-term trends and predict future market movements.
Trade route analysis: Identify the most efficient trade routes for exporting and importing goods, helping you optimize logistics and reduce transportation costs.
For instance, if the demand for synthetic fibres is increasing in a particular region, TexPro’s trade analysis can help businesses identify growth opportunities and develop strategies for entering or expanding in that market.
3. Identifying Emerging Markets and New Opportunities
TexPro’s trade analysis capabilities go beyond tracking existing trade flows; they also help businesses identify emerging markets and new opportunities. By analyzing trade data across different regions and product categories, businesses can pinpoint high-growth markets and adapt their strategies to capitalize on these opportunities.
Emerging Market Insights with TexPro:
Growth indicators: Use TexPro to track year-on-year growth rates in specific countries or regions, allowing you to identify markets with increasing demand for textile products.
Market entry strategies: Analyze import data to identify regions with growing demand for specific textiles or apparel, helping you formulate an effective market entry strategy.
Competitor analysis: Monitor your competitors’ trade activities to understand their market positioning and identify gaps where your business can gain an advantage.
For example, if TexPro reveals that the demand for technical textiles is rapidly growing in Southeast Asia, your business can explore partnerships, suppliers, or distribution channels in that region to expand its market reach.
Take advantage of TexPro’s trade analysis to discover new markets. Explore TexPro Now.
4. Tariff and Non-Tariff Barriers: Navigating Global Trade Challenges
One of the challenges businesses face when trading globally is navigating the complex web of tariffs, duties, and non-tariff barriers. These factors can significantly impact the cost and feasibility of importing and exporting goods. TexPro offers in-depth insights into tariff structures, non-tariff barriers, and trade agreements, helping businesses minimize risks and maximize profitability.
TexPro’s Trade Barriers Analysis:
Tariff rate tracking: Stay informed about changes in tariff rates for over 80 reporting countries, covering a wide range of textile and apparel products.
Non-tariff barriers: Monitor non-tariff barriers such as quotas, licensing requirements, and trade restrictions that can affect your business’s ability to trade in certain markets.
Trade agreement insights: Analyze the impact of regional trade agreements, such as NAFTA, TPP, or EU free trade agreements, on your business operations.
For instance, if a new trade agreement reduces tariffs on textiles imported from a particular country, TexPro can provide real-time insights into how these changes will affect sourcing costs, enabling businesses to adjust their strategies accordingly.
Stay ahead of trade challenges with TexPro’s tariff and trade barrier insights. Explore the Market Intelligence Tool.
5. Customized Reports and Export-Import Analysis
TexPro’s export-import data and trade analysis tools are highly customizable, allowing businesses to generate tailored reports based on their unique needs. Whether you are a manufacturer looking to optimize your supply chain or a retailer exploring new markets, TexPro’s customized reports provide actionable insights to guide your decision-making process.
Benefits of TexPro’s Customized Reports:
Product-specific analysis: Focus your analysis on specific products or raw materials that are critical to your business, ensuring that you have the most relevant data.
Region-specific reports: Generate reports based on specific regions or countries, providing localized insights into trade dynamics.
Competitive benchmarking: Compare your company’s export-import activities with those of your competitors, helping you stay ahead of the competition.
With TexPro’s customizable features, businesses can gain a deeper understanding of trade dynamics in the textile industry, enabling them to make more strategic decisions when it comes to sourcing, procurement, and market expansion.
6. Strategic Decision-Making with TexPro’s Trade Insights
The ability to make strategic decisions based on reliable data is key to success in the textile and apparel industry. TexPro’s export-import data and trade analysis capabilities empower businesses to make informed choices regarding their supply chains, market entries, and competitive positioning.
How TexPro Drives Strategic Decision-Making:
Supply chain optimization: Use export-import data to optimize your supply chain by identifying cost-effective sourcing regions, monitoring trade flows, and predicting market demand.
Pricing strategies: Analyze global trade data to understand market pricing trends and set competitive prices for your products.
Risk management: Stay informed about changes in trade regulations, tariffs, and trade barriers, allowing you to manage risks and adapt to new market conditions.
By leveraging TexPro’s comprehensive trade analysis tools, textile and apparel businesses can navigate the complexities of international trade and make strategic decisions that enhance profitability and growth.
Conclusion: TexPro as a Game-Changer for Export-Import Analysis
TexPro’s export-import data and trade analysis capabilities provide textile and apparel businesses with the insights they need to navigate the global market effectively. Whether you are looking to optimize your supply chain, explore new markets, or stay ahead of competitors, TexPro’s in-depth trade data offers the actionable intelligence necessary for success.
By leveraging TexPro’s powerful tools, businesses can identify new opportunities, mitigate risks, and gain a competitive edge in the dynamic and ever-changing textile industry.
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Better harvest in rice, wheat, millets to fuel record output 2024/09/26 New Delhi, Sept. 25 -- India is set to achieve a record foodgrain production of 332.29 million tonnes (mt) in the 2023-24 July-to-June agricultural year, according to final estimates released by the agriculture ministry on Wednesday. This represents an increase of 2.61 mt from the previous year's total of 329.68 mt. The growth has been attributed to favourable production in key categories such as rice, wheat and millets. While foodgrain production as a whole scaled new highs, pulses and coarse cereals faced challenges in the 2023-24 season. Total pulse production was estimated at 24.25 mt, with tur (pigeon pea) at 3.42mt and gram at 11.04 mt. The low production of pulses is expected to lead to an increase in imports, as the average annual consumption of pulses in the country is estimated at 27 mt. Mint reported on 4 September that despite record sowing of pulses during the kharif season, India's goal of becoming self-reliant in pulses by 2027 seems to be slipping out of reach, as production has continued to decline from 27.3 mt in FY22 to 26 mt in FY23. The Indian agricultural year, or crop year, straddles two main seasons-kharif (sown during monsoon, harvested in autumn) and rabi (sown in winter, harvested in spring). Bad weather-specifically drought-like conditions in Maharashtra and prolonged dry spells in Rajasthan in August-affected the output of pulses, coarse cereals, soybean and cotton, especially during the rabi season. Rice production in 2023-24 set a record at 137.83 mt, an increase of 2.07 mt (or 1.52%) from 135.76 mt in the previous year. Wheat production also reached a new high at 113.29 mt-2.74 mt higher (or 2.48%) than the 110.55mt produced in 2022-23, the data showed. A good harvest of rice and wheat is crucial for maintaining food security for the country's population of over 1.4 billion. The production of millets has gained attention in recent years due to its resilience to climatic challenges and its nutritional value. For the 2023-24 season, millet production is estimated at 17.57 mt, slightly up from the previous year's 17.32 mt, the data showed. In 2023-24, oilseed production also grew significantly, with total output estimated at 39.67 mt. Rapeseed and mustard reached a record production of 13.26 mt. Oilseed crops soybean and groundnut were estimated at 13.06 mt and 10.18mt respectively. Sugarcane, a critical cash crop for millions of farmers across the country, was estimated at 453.16 mt. While sugarcane production has remained relatively stable, the crop's water-intensive nature has led to increased scrutiny and calls for more sustainable agricultural practices, especially in water-scarce regions. Cotton, another key component of India's agricultural economy, was estimated at 32.52 million bales (weighing 170 kg each), while jute and mesta production is pegged at 9.69 million bales (weighing 180 kg each). Both cotton and jute are essential to India's textile industry, providing raw materials for domestic manufacturing as well as exports. Similarly, total production of nutri/coarse cereals was estimated at 56.94 mt, with maize accounting for 37.67 mt. Coarse cereals, which include crops like sorghum, pearl millet and finger millet, are important for food security in arid and semi-arid regions, but their production was hampered by the drought-like conditions in some states.
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The Growth of Textile Exports from India: An Informative Overview
India, a country with a rich history and cultural heritage, has always been renowned for its textile industry. With a legacy that spans thousands of years, the Indian textile sector has not only served the domestic market but has also made a significant impact on the global stage. In recent years, there has been substantial growth in textile exports from India, driven by various factors such as government policies, technological advancements, and international trade agreements. This article delves into the dynamic growth of textile exports from India, highlighting key aspects that have contributed to India's success in the global textile market.
Overview of Textile Exports from India
Textile exports from India have seen a remarkable surge over the past decade. According to recent data, India is one of the world's largest exporters of textiles and apparel, accounting for a significant share of the global market. The country's diverse range of textile products, including cotton, silk, wool, and synthetic fibers, has enabled it to cater to various segments of the international market.
Several factors have contributed to the growth of textile exports from India. First and foremost is the availability of abundant raw materials. India is one of the largest producers of cotton, jute, and silk, which has provided a stable supply of high-quality raw materials for the textile industry. Additionally, the country has a large and skilled workforce, which has further bolstered the sector's competitiveness in the global market.
Leading Textile Exporters in India
Textile exporters in India have played a pivotal role in driving the country's export growth. These exporters range from large conglomerates to small and medium-sized enterprises (SMEs), each contributing to the sector's success. Some of the leading textile exporters in India have established themselves as global players, with a strong presence in markets such as the United States, European Union, and the Middle East.
Among the top textile exporters in India, notable names include Reliance Industries, Arvind Limited, Welspun India, and Vardhman Textiles. These companies have invested significantly in modern manufacturing facilities, research and development, and marketing efforts to enhance their global footprint. Furthermore, their commitment to quality, innovation, and sustainability has earned them a reputation as reliable suppliers in the international market.
The Textile Export Industry in India
The textile export industry in India is characterized by its diverse range of products and strong manufacturing capabilities. The industry encompasses various segments, including spinning, weaving, knitting, dyeing, printing, and garment manufacturing. Each segment contributes to the overall value chain, making India a one-stop destination for textile products.
Moreover, the industry has benefited from favourable government policies aimed at promoting exports. Initiatives such as the Scheme for Integrated Textile Parks (SITP), the Merchandise Exports from India Scheme (MEIS), and the Amended Technology Upgradation Fund Scheme (ATUFS) have provided financial incentives and support to textile exporters. These policies have not only stimulated investment in the sector but have also enhanced its global competitiveness.
Technological advancements have also played a crucial role in the growth of India's textile export industry. The adoption of modern machinery and automation has improved production efficiency, reduced labour costs, and enhanced product quality. Furthermore, the industry's focus on sustainability and eco-friendly practices has resonated well with international buyers, who are increasingly seeking sustainable and ethically produced textiles.
Comprehensive List of Textile Products Exported from India
India's textile exports encompass a wide array of products, reflecting the country's diverse manufacturing capabilities. A list of textile products exported from India includes:
Cotton textiles
Including cotton yarn, fabrics, and garments.
Silk textiles
Including silk fabrics and garments.
Woolen textiles
Including woolen yarn, fabrics, and garments.
Synthetic textiles
Including polyester, nylon, and acrylic yarns and fabrics.
Handloom textiles
Including traditional handwoven fabrics and garments.
Technical textiles
Including industrial fabrics, medical textiles, and agro textiles.
Home textiles
Including bed linen, towels, curtains, and upholstery fabrics.
Garments
Including men's, women's, and children's apparel.
This extensive range of products has enabled India to cater to diverse market segments and meet the varying demands of international buyers.
India Textile Exports Data Analysis
The analysis of India textile exports reveals some interesting trends and insights. The country's textile and apparel exports have grown consistently, with a compound annual growth rate (CAGR) of around 10% over the past few years. The key markets for Indian textile exports include the United States, the European Union, the United Arab Emirates, and China.
The data also highlights the increasing share of value-added products in India's export basket. While traditional products such as cotton and silk continue to dominate, there has been a noticeable shift towards higher-value products such as technical textiles and garments. This shift is indicative of the industry's focus on innovation, quality, and branding, which are essential for competing in the global market.
Furthermore, the export data underscores the importance of small and medium-sized enterprises (SMEs) in driving export growth. SMEs account for a significant portion of India's textile exports and have shown remarkable resilience and adaptability in responding to market changes. Their agility and entrepreneurial spirit have been instrumental in tapping new markets and expanding India's global footprint.
Conclusion
In conclusion, the growth of textile exports from India is a testament to the sector's robust capabilities, strategic initiatives, and relentless pursuit of excellence. The combined efforts of government policies, technological advancements, and the dedication of textile exporters have propelled India to the forefront of the global textile market. As the industry continues to evolve, it is poised to seize new opportunities and overcome challenges, ensuring sustained growth and success in the years to come.
For stakeholders in the textile industry, understanding the factors driving this growth and staying informed about emerging trends will be crucial for navigating the dynamic landscape of international trade. Whether you are a business owner, investor, or industry professional, leveraging the insights provided in this article can help you make informed decisions and capitalize on the vast potential of India's textile export sector. However, if you need textile HS codes, export data, or global trade data, you can connect with ExportImportData.in
Frequently Asked Questions (FAQs)
Q1. What are the primary factors contributing to the growth of textile exports from India?
The primary factors contributing to the growth of textile exports from India include the availability of abundant raw materials, a skilled workforce, favorable government policies, technological advancements, and a diverse range of products. Additionally, India's focus on quality, innovation, and sustainability has enhanced its competitiveness in the global market.
Q2. Which countries are the main importers of Indian textiles?
The main importers of Indian textiles include the United States, European Union, United Arab Emirates, China, and several other countries in Asia, Africa, and the Middle East. These countries have a high demand for Indian textiles due to their quality, variety, and competitive pricing.
Q3. What types of textile products does India export?
India exports a wide range of textile products, including cotton yarn and fabrics, silk textiles, woolen textiles, synthetic textiles, handloom textiles, technical textiles, home textiles, and garments. This diverse product range allows India to cater to various market segments and meet the demands of international buyers.
Q4. How has technology impacted the textile export industry in India?
Technology has significantly impacted the textile export industry in India by improving production efficiency, reducing labour costs, and enhancing product quality. The adoption of modern machinery and automation has enabled textile manufacturers to produce high-quality products at competitive prices. Additionally, technological advancements have supported the industry's focus on sustainability and eco-friendly practices.
Q5. What government policies have supported the growth of textile exports from India?
Several government policies have supported the growth of textile exports from India, including the Scheme for Integrated Textile Parks (SITP), the Merchandise Exports from India Scheme (MEIS), and the Amended Technology Upgradation Fund Scheme (ATUFS). These policies provide financial incentives, subsidies, and support for infrastructure development, technological upgradation, and marketing efforts, thereby enhancing the sector's global competitiveness.
Also Read: The Rise of Basmati Rice Export from India
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Cotton Export from India: A Comprehensive Analysis
India has long been a major player in the global cotton market, owing to its favorable climate, vast agricultural land, and rich history of cotton cultivation. The country is renowned for its high-quality cotton, which is exported to numerous countries worldwide. This article delves into various aspects of cotton export from India, focusing on raw cotton export from India, leading cotton exporters in India, and detailed cotton export data from India. Additionally, it examines India cotton export statistics, the countries to which India exports cotton, and the top cotton exporters in India.
Historical Context and Significance
India's relationship with cotton dates back to ancient times. The country is one of the original homes of cotton cultivation and textile production. Historically, Indian cotton textiles were highly prized across the world, contributing significantly to the country's economy. This legacy continues today, with India being one of the largest producers and exporters of cotton globally.
Current State of Cotton Export from India
Production and Quality
India's cotton production is centered in states like Gujarat, Maharashtra, Andhra Pradesh, and Tamil Nadu. The country produces a variety of cotton types, including short-staple, medium-staple, and long-staple cotton, catering to different segments of the global market. The quality of Indian cotton is widely recognized, with certain varieties like Shankar-6 from Gujarat being particularly sought after.
Export Dynamics
Cotton export from India includes both raw cotton and cotton yarn. The country has established itself as a reliable supplier in the international market. Raw cotton export from India has seen significant growth over the years, driven by increasing demand from countries with burgeoning textile industries.
Cotton Export Data from India
Analyzing cotton export data from India provides valuable insights into the industry's trends and dynamics. Over the past decade, India has consistently ranked among the top cotton exporters in the world. The volume of raw cotton export from India has shown a steady increase, reflecting the country's capacity to meet global demand.
Volume and Value
According to the latest India cotton export statistics, the country exported approximately 1.5 million bales of raw cotton in the 2020-2021 fiscal year. This represented a slight increase from the previous year, despite challenges posed by the COVID-19 pandemic. The total value of these exports was around USD 1 billion, highlighting the economic significance of the sector.
Major Markets
Cotton exporters in India to various countries underscores the global reach of Indian cotton. Key destinations include Bangladesh, China, Vietnam, and Pakistan. These countries have robust textile industries that rely heavily on imported cotton. Bangladesh, in particular, has emerged as the largest importer of Indian cotton, driven by its thriving garment manufacturing sector.
Cotton Exporters in India
The success of cotton export from India can be attributed to the efforts of numerous exporters who ensure the quality and timely delivery of cotton to international markets. Several companies have made a name for themselves in this sector, becoming synonymous with reliability and quality.
Prominent Exporters
Some of the top cotton exporters in India include:
Welspun India Ltd. A leading name in the textile industry, Welspun India Ltd. is renowned for its high-quality cotton products. The company exports a significant portion of its raw cotton production to various countries.
Vardhman Textiles Ltd. Vardhman Textiles Ltd. is another major player in the Indian cotton export market. The company has a strong presence in the international market, with exports constituting a substantial part of its business.
Nahar Spinning Mills Ltd. Known for its superior quality cotton yarn, Nahar Spinning Mills Ltd. is a prominent exporter of raw cotton from India. The company has a well-established export network, catering to clients worldwide.
Arvind Limited Arvind Limited is a diversified conglomerate with significant operations in the textile sector. The company exports large volumes of cotton and cotton products to numerous countries.
Challenges and Opportunities
While the cotton export industry in India has seen considerable success, it is not without challenges. Fluctuating global cotton prices, competition from other cotton-producing countries, and logistical issues are some of the hurdles faced by Indian exporters. However, there are also significant opportunities, particularly in emerging markets and through advancements in cotton processing technologies.
India Cotton Export Statistics
A closer look at India cotton export statistics reveals interesting trends and patterns. Over the past few years, there has been a noticeable shift in the destinations of Indian cotton exports. While traditional markets like China and Bangladesh remain dominant, new markets in Southeast Asia and Africa are emerging.
Export Trends
Rising Exports to Vietnam and Indonesia These countries have seen a rapid expansion of their textile industries, leading to increased demand for raw cotton from India.
Decreased Exports to China Although China remains a major importer, its share of Indian cotton exports has decreased slightly, possibly due to its own efforts to boost domestic cotton production and imports from other sources.
Increased Exports to Bangladesh Bangladesh continues to be the largest importer of Indian cotton, driven by its massive garment manufacturing industry which relies heavily on imported cotton.
Cotton Export from India to Which Country?
Understanding the specific countries to which India exports cotton helps in comprehending the global demand dynamics. Cotton export from India to which country are spread across various regions, with Asia being the largest market. Here’s a breakdown of the major importers:
Asia
Bangladesh As the largest importer, Bangladesh accounts for a significant portion of India’s cotton exports. The country's garment industry, one of the largest in the world, depends heavily on Indian cotton.
China China, despite recent fluctuations, remains a key market for Indian cotton. The country's textile industry is vast, and Indian cotton is an essential raw material.
Vietnam Vietnam’s textile sector has grown rapidly, leading to increased imports of Indian cotton. The country is now one of the top importers of Indian cotton.
Other Regions
Turkey Turkey imports Indian cotton to support its large textile and garment manufacturing industries.
Pakistan Given its proximity and shared cultural ties, Pakistan is a significant importer of Indian cotton, although political factors sometimes affect trade.
Indonesia Indonesia's expanding textile industry also relies on imports of Indian cotton.
Future Prospects
The future of cotton export from India looks promising, with several factors likely to influence its trajectory. The Indian government’s initiatives to support agriculture and improve export infrastructure, along with advancements in cotton farming techniques, are expected to boost the sector.
Technological Advancements
Adoption of better farming techniques and genetically modified cotton varieties can significantly increase yield and quality, making Indian cotton even more competitive in the global market.
Diversification of Markets
Expanding into new markets beyond traditional ones will be crucial. African and Latin American countries present untapped potential for Indian cotton exporters.
Sustainable Practices
With increasing global emphasis on sustainability, adopting eco-friendly farming and processing methods will enhance the appeal of Indian cotton in international markets.
Conclusion
Cotton export from India remains a vital component of the country’s economy, reflecting a rich heritage and a robust agricultural sector. The continuous demand for raw cotton export from India, coupled with the efforts of leading cotton exporters in India, ensures that the country maintains its position as a top player in the global cotton market. Detailed cotton export data from India and India cotton export statistics highlight the sector’s growth and potential. As India navigates the complexities of international trade, focusing on quality, sustainability, and market diversification will be key to sustaining and enhancing its cotton export industry.
#Cotton Export from India#Raw Cotton Export from India#Cotton Exporters in India#Cotton Export Data from India#India Cotton Export Statistics#Cotton Export from India to which Country#Top Cotton Exporters in India
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Anti-Crease Agent Market Size, Share Forecast 2030
Anti-Crease Agent Market size was valued at USD 856.1 million in 2022 which is expected to reach USD 1245.7 million in 2030 with a CAGR of 4.8% for the forecast period between 2023 and 2030. Anti-crease agents are incorporated with unique characteristics that significantly eliminate problems that occurred with residual oils, silicone, wax, fabrics derived from polyester, polyamide, etc. They are successively used to treat cotton and blends and impart anti-crease finishing and dimensional stability. The proper selection of anti-crease agent is achieved depending upon the type of fabric like weave pattern, its weight and construction.Nanoparticle-based anti-creasing agent is gaining prominent resemblance due to its water repellant characteristics along with antimicrobial properties.
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Performance of Finished Textiles is Improved by Anti-Creasing Agents
Anti-creasing agents have emerged as an impeccable chemical compound due to their unique properties like miscibility, stability, physical appearance, and compatibility. It has numerous benefits and versatile nature for dyeing cotton, polyester, and their blends. During finishing of fabrics, it assists in preventing chaffing or crease marks. Anti-creasing agents are compatible with nonionic and anionic products and remain stable to diluted acids and alkalis. The cost management for terry towels is substantially achieved using anti-creasing agents where the lubrication property led to weight loss minimization during pretreatment and dyeing processes. Kolor Jet Chemical Pvt. Ltd. has developed efficient dyebath lubricants for knit fibers to eradicate the crease marks along with reducing fiber to fiber friction and leave no dyes effects on the fabrics.
Data released by the Ministry of Textiles, India states that FDI has invested a humongous capital of USD 1,522.23 million in the textile sector from 2017-2022. In 2022, the net value of the United States man-made fiber, textile and apparel shipments accounted an estimated over USD 65.8 billion where the export of fibers, textiles contributed to around USD 34 billion.
Anti-Creasing Agents Market is Propelled Due to its Importance in Multiple Applications
Anti-creasing agents with their unique characteristics form a thin uniform protective coating surrounding the fiber to reduce the surface friction and ultimately lower the formation of stringent creases during high temperature wet processing. Knit fabric of essential blends, cellulose and synthetic fibers are processed through scouring, bleaching, dyeing, and soaping processes that became easier by using anti-creasing agents. HT Fine Chemical Co., Ltd. produces a special bath anti-creasing agent which while processing remarkably reduces the friction between fibers and its dyeing tank that reduces scratches and creases due to their smoothing and softening characteristics. Special polymer dispersion in the anti-creasing agents is solely responsible to prevent fabric rope from creasing during the pre-treatment, dyeing and post-processing.
In March 2022, the European Commission has represented its vision for textile industry which estimated that in 2021 the turnover of USD 166.99 with an increment of around 11%. Around 33% of companies are textile-based across the European Union that accounts for micro and SMEs’ enterprises. With such an impeccable figures Europe has extreme potential for anti-creasing agent market that generates phenomenal opportunities to expand.
Novel Anti-creasing Agent for Improving the Textile Bath of Fabrics
The problem of crease mark, stripped mark and other faults are usually encountered during small bath ratio case and rapid cloth speed case. Unique anti-creasing agent in the textile bath comprises of nonionic polymer, anionic polymer, water treatment agent, mould inhibitor that is used for rope dyeing of texture. Under the influence of mechanical tension, the dynamic coefficient of friction is significantly higher that produces wrinkle seal, unwanted shank seal defects during airflow dyeing machine where the speed is greater than 200 meters/minutes. The incorporation of anti-creasing agent resolves such problems during the textile bath.
Anti-Crease Agent Market: Report Scope
Anti-Crease Agent Market Assessment, Opportunities and Forecast, 2016-2030F���, is a comprehensive report by Markets and data, providing in-depth analysis and qualitative & quantitative assessment of the current state of the Anti-Crease Agent Market, industry dynamics and challenges. The report includes market size, segmental shares, growth trends, COVID-19 and Russia-Ukraine war impact, opportunities and forecast between 2023 and 2030. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.
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Water-Based Pigment Inks For Textile & Apparel Market - Forecast(2024 - 2030)
Water-Based Pigment Inks For Textile & Apparel Market Overview
Water-Based Pigment Inks For Textile & Apparel Market size is expected to be valued at $272.0 million by the end of the year 2026 and is set to grow at a CAGR of 5.3% during the forecast period 2021-2026. Water-based pigment ink contains pigments in a colloidal suspension with water as solvent. In comparison to other types of pigment inks, water-based pigment inks produce brighter colors and also provide light-fastness. The water-based pigment inks come in larger particle levels and therefore, it is not easily decomposed by the light. Water-based pigment inks tend to resist water and UV light better than dye-based ink and can restrain from fading for a longer period. The increasing adoption of water-based pigment inks owing to their economical uses and the growth surge of the textile industry is also contributing to the growth of the Water-Based Pigment Inks For Textile & Apparel Market. This is majorly driving the demand for Water-Based Pigment Inks For Textile & Apparel Market.
COVID-19 impact
Amid the Covid-19 pandemic, the water-based pigment inks market was hugely affected, owing to the various legal and economic restrictions laid by governments across the world. The decline in the growth of the related industries is also restricting the growth of the Water-Based Pigment Inks For Textile & Apparel Market. For instance, Indian textile and apparel exports in 2020-2021 are almost 13% less (in dollar terms) than the previous year, provisional data available with the Cotton Textiles Export Promotion Council shows. The exports were worth US$29 billion last year as against US$34 billion in 2019-2020. According to the National Council of Textile Organizations (NCTO), the U.S. textile and apparel shipments decreased from US$75.8 billion in 2019 to US$64.4 billion in 2020. This is majorly restricting the growth of the Water-Based Pigment Inks For Textile & Apparel Market.
Report Coverage
The report: “Water-Based Pigment Inks For Textile & Apparel Market– Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Water-Based Pigment Inks for Textile & Apparel Industry.
By Resin Type: Acrylic, Alkyd, Epoxy, Polyamide, Hydrocarbon, Melamine, Maleic, Shellac, and Others.
By Pigment Type: Organic Pigment, Inorganic Pigment (White [Titanium Dioxide, Zinc Oxide, Zinc Sulfide and Others], Colored [Chrome Yellow, Molybdenum Orange, Iron Red and Others], Black, Metallic, and Others.
By Application: T-shirts, Signage Flags, Home Furnishing Fabrics, Sports Apparel, Fashion Textile and Others.
By Geography: North America (USA, Canada, Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), APAC (China, Japan India, South Korea, Australia & New Zealand, Indonesia, Taiwan, Malaysia, Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and Rest of South America) and RoW (Middle East and Africa).
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Key Takeaways
Asia-Pacific market held the largest share in the Water-Based Pigment Inks For Textile & Apparel Market owing to increase in investments in the textile industry and growth of the textile industry.
Increasing adoption of water-based pigment inks is one of the major factors driving the Water-Based Pigment Inks For Textile & Apparel Market.
The growth in the textile industry is driving the demand for Water-Based Pigment Inks For Textile & Apparel Market.
Amid the Covid-19 pandemic, the Water-Based Pigment Inks For Textile & Apparel Market were majorly affected in terms of sales and distribution during the global pandemic. The situation is however set to improve by the end of the year 2021.
Water-Based Pigment Inks For Textile & Apparel Market Segment Analysis –By Resin Type
Acrylic segment held the largest share of 38% by revenue in the Water-Based Pigment Inks For Textile & Apparel Market in the year 2020. Acrylic based pigments are water-based pigments and is produced through the process of rheology. It is mostly used on textile substrates such as cotton/polyester combined fabric, cotton fabric and other textile materials. Acrylic resin emulsion is soft, anti-crocking agent and acts as the printing binder for textile printing and finishing. Acrylic resin emulsion is soft, anti-crocking agent and acts as the printing binder for textile printing and finishing. This will exponentially increase the demand for acrylic segment in the Water-Based Pigment Inks For Textile & Apparel Market.
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Water-Based Pigment Inks For Textile & Apparel Market Segment Analysis – By Pigment Type
Inorganic pigment segment held the largest share of 59% by revenue in the Water-Based Pigment Inks For Textile & Apparel Market in the year 2020, with a growing CAGR of 4.89% during the forecast period 2021-2026. The color pigment inks, especially chrome yellow garnered the most demand owing to its power of lightfastness. Chrome yellow consists of lead chromate and solid solutions of lead chromate and lead sulfate, which reacts to acid and alkalis and changes color accordingly. Reaction of chrome yellow with acid leads to the formation of orange dichromate ion and the reaction with alkali leads to the formation of pale-yellow chromate ion. Chrome yellow is a crystalline mineral consisting of lead chromate which can vary in hue from primrose yellow to orange. The yellow chrome pigments consist of fine particles that are dense and opaque. This is driving the demand for inorganic pigment in the Water-Based Pigment Inks For Textile & Apparel Market.
Water-Based Pigment Inks For Textile & Apparel Market Segment Analysis – By Application
Fashion textile segment held the largest share in the Water-Based Pigment Inks For Textile & Apparel Market in the year 2020, with a growing CAGR of 6.0% during the forecast period 2021-2026. The increase in the use and production of fashion textiles in the recent days is one of the major factors driving the demand for Water-Based Pigment Inks For Textile & Apparel Market. According to World Resource Institute, 20% of water pollution comes from the traditional textile coloration. Whereas the use of water-based pigment inks is eco-friendly, eliminates VOC emissions due to which manufacturers are leaning towards water-based printing ink which is driving the demand for Water-Based Pigment Inks For Textile & Apparel Market.
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Water-Based Pigment Inks For Textile & Apparel Market Segment Analysis – By Geography
Asia-Pacific region held the largest share of 37% in the Water-Based Pigment Inks For Textile & Apparel Market in the year 2020, and is growing with a CAGR of 6.2% during the forecast period 2021-2026. According to data released to the Global Times by e-commerce giant Alibaba in China, clothing products were the best performer in the second half of the year 2020, climbing from ninth to fourth place on a list of the most popular product categories. The amount of apparel sold on Alibaba.com increased by 274 percent year over year in September, with the number of purchasers increasing by 266 percent. Furthermore, the textiles and apparel industry in India accounts for 13% of industrial production and 12% of export revenues, with a GDP contribution of 2.3%. The Ministry of Industry and Commerce of Paraguay stated in February 2021 that it will invest US$1.1 million in the manufacturing sector, primarily helping the apparel, textiles, and footwear industries, as well as other assembly operations. According to a recent report by the Australian Fashion Council (AFC), the Australian fashion and textile industry contributed more than US$18.6 billion (Au$27.2 billion) to the country's GDP in 2020-21. This is driving the Water-Based Pigment Inks For Textile & Apparel Market in the Asia-Pacifc region.
Water-Based Pigment Inks For Textile & Apparel Market Drivers
Increasing adoption of water-based pigment inks is one of the major factors driving the Water-Based Pigment Inks For Textile & Apparel Market
Water-based pigment inks has more advantages such as improved plant safety and a significantly lower environmental impact as compared to other types of pigment inks. Water-based pigment inks provide viable solutions to rather complicated problems in the textile industry such as pattern printing, dye ink absorption into the fibre and others. The usage of water-based pigment inks also poses less environmental threat as water-based ink pigments usually contains large volumes of water and a substantially lower content of (>1%) volatile organic compounds as compared to other types of pigment inks. This also makes water-based pigment inks to be easily stored, without much damage to the surroundings. Water-based pigment inks absorbs better than solvent-based pigment inks and thus gives consistent pigment to the fabric. Water-based pigment inks are also inflammable as compared to solvent-based pigment inks. This is majorly driving the demand for Water-Based Pigment Inks For Textile & Apparel Market.
Water-Based Pigment Inks For Textile & Apparel Market Challenges
Volatile price of water-based pigment ink is significantly restricting the growth of the Water-Based Pigment Inks For Textile & Apparel Market
The volatile prices of the various raw materials used in manufacturing water-based pigment inks is one of the major challenges restricting the growth of the Water-Based Pigment Inks For Textile & Apparel Market. For instance, Allnex, a global producer of industrial coating resins and additives, increased the prices of solvent borne and waterborne acrylics resins in Europe, Middle East and Africa during March 2021. This price hike further increased the price of critical raw materials, leading to an increase to US$0.18 /Kg (€/0.15 kg). Thus, the cost of raw materials is continuously increasing or fluctuating because of factors such as transportation & logistics, increasing demand, depletion of natural resources and more, which is affecting the price of water-borne pigment inks. Furthermore, in March 2021, the British Coatings Federation (BCF) has warned that a lack of critical raw materials and packaging, as well as major price hikes, could be the most pressing challenges for the coatings and printing ink industries in 2021. Thus, the volatility and increase in prices of raw materials such as titanium dioxide, acrylic, epoxy, polyamide and more is expected to create a significant challenge for the water-borne pigment inks market manufacturers during the forecast period.
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The curing time, printing speed, and cost restriction of water-based pigment inks is also restricting the growth of the Water-Based Pigment Inks For Textile & Apparel Market
As much as water-based pigment inks has advantages, it also has various disadvantages such as high cost, more curing time, and printing speed restriction. This is limiting the growth of the Water-Based Pigment Inks For Textile & Apparel Market. When compared to solvent based pigment inks, water-based pigment inks take significantly longer time to cure. During the curing phase, water-based pigment inks are more vulnerable to effect of environmental conditions, such as temperature and humidity. Hence, solvent-based resins are preferred for applications in humid environments that don't allow water-based pigment inks to cure properly. Also, solvent-based pigment inks are typically more resilient than water-based resins during the curing of the coating. According to the Lawson Screen & Digital Products, Inc., water-Based Ink can be more expensive and it doesn't work well dark colored garments because of its lack of opacity and bleed-resistance. In addition, the capital and fixed costs of switching from solvent-based to water-based technology are significant. Hence, solvent-based resins are still widely used by small-scale businesses in developing countries. Furthermore, due to the high surface energy of the water component, water-based pigment inks cannot wet and print smoothly on textile and apparel materials. According to the Ink Intelligence LLC, in the modern textile printing, the biggest challenge for water-based inks is to keep up with the high press speeds (in excess of 1000 ft/min) commonly in place for solvent inks. This is restricting the growth of the Water-Based Pigment Inks For Textile & Apparel Market.
Water-Based Pigment Inks For Textile & Apparel Market Industry Outlook
Acquisitions and mergers, production expansion, facility expansion collaborations, partnerships, investments, are some of the key strategies adopted by players in the Water-Based Pigment Inks For Textile & Apparel Market. Major players in the Water-Based Pigment Inks For Textile & Apparel Market are:
Sun Chemical
DuPont de Nemours, Inc.
Huntsman Corporation
INX International Ink Co.
Mimaki Engineering Co., Ltd.
Avient Corporation
Huber Group
Spectrachem
Velvet Jet
Molkem
Inknovators
Achitex Minerva Group
Livingink
Virusinks
Covestro AG
Acquisitions/Technology Launches
In June 2021, Sun Chemical and DIC Corporation finalized the acquisition of BASF’s global pigments business, known as BASF Colors & Effects (BCE), a strategic partner which aims for high growth and high added value by expanding functional pigments into niche applications.
In June 2019, Huntsman Corporation launched a water-based digital ink “Novacron Advance. The product is used in cellulosic and polyester/cotton blends.
#Water-Based Pigment Inks For Textile & Apparel Market#Water-Based Pigment Inks For Textile & Apparel Market Share#Water-Based Pigment Inks For Textile & Apparel Market Size#Water-Based Pigment Inks For Textile & Apparel Market Forecast#Water-Based Pigment Inks For Textile & Apparel Market Report#Water-Based Pigment Inks For Textile & Apparel Market Growth
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