Market for textiles & clothing grows by 8.18% in 2007 - Survey

13 Dec '08

10 min read

The report on the Market for Textiles & Clothing in the country is based on the purchase data collected from a panel of households located at different urban and rural areas of the country. This survey project was initiated in the year 1969 and the report is being published every year.

The present report, Market for Textiles & Clothing 2008 is based on the textile purchase data of the calendar year 2007 collected from a panel of 13950 sample households located at 116 metros/urban/semi urban areas and 261 rural areas of
the country.

This report depicts the following factors pertaining to the domestic market of textiles at the household level.
-The size of Indian textiles and clothing market in the household sector in the country.
-Estimates of the product wise market sizes of important varieties.
-Examines the preference pattern of the Indian consumers with respect to fibre, sector of manufacture, prices of commodities etc.
-Correlation between the preference pattern of consumers and the consumer profile such as the rural-urban background, income brackets, age, sex etc.

Main Findings of the Report for 2008:

•The per capita consumption of textiles for the year 2007 is 22.41 metres as against 21.49 metres in 2006 recording a growth of 4.28 %. On an average, a person purchased and used 0.92 metres more of textiles and clothing in the year
2007 than the previous year.
•On an average, an Indian spent Rs. 1488.39 on the purchase of textiles & clothing in the calendar year 2007, which is more by Rs. 97.30 over the previous year (a growth of 6.99 percent).
•There has been an overall expansion in the domestic household market (in Qty. terms) to the extent of 6.09%, which is due to a combined effect of per capita purchases and population growth. The market size for textiles and clothing in India has stood at 25493 million metres in the year as compared to the previous year's estimate of 24030 million metres (a growth of 6.09 percent).
•In value terms, the size of the Indian textile market was Rs. 1692952 million in 2007. The same for the year 2006 was Rs. 1555835 million, a growth of 8.81%).
•3.22 percent of the Indian households have not purchased any textile items during this year while 14.64 percent of the households purchased textiles & clothing upto Rs. 1000. It is estimated that 17.55 percent of the households incurred an expenditure in the range of Rs.1001 – Rs.2000 towards the purchase of textiles and 14.46 percent spent an amount ranging from Rs. 2001- Rs. 3000 on textiles. 19.85 percent spent in the range of Rs. 3001- Rs.5000, 19.84 percent spent in the range of Rs. Rs.5001 – Rs. 10000, 7.94 percent spent in the range of Rs. 10001 – Rs.20000. The households incurring an expenditure of Rs. 20001 and more is about 2.5 percent.
•The highlights also include the gradual and most perceptible change in the fibre preference of the Indian consumers. Among all the fibre combinations, in 2007 too, the man-made and blended/mixed textiles taken together continue to grow, which has recorded a share of 60.08 percent in the total consumption in quantity. While Pure Cotton textiles & clothing has a share of 38.95 percent in the consumption, Pure Silk and Woollen products have a meager share of 0.62 percent and 0.35 percent respectively.

More Textiles News - India...