AGGRESSIVE MARKETING NEEDED TO REALISE THE GLOBAL OPPORTUNITY IN HOME TEXTILES Presentation by MR....
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Transcript of AGGRESSIVE MARKETING NEEDED TO REALISE THE GLOBAL OPPORTUNITY IN HOME TEXTILES Presentation by MR....
AGGRESSIVE MARKETING NEEDED TO REALISE AGGRESSIVE MARKETING NEEDED TO REALISE THE GLOBAL OPPORTUNITY IN THE GLOBAL OPPORTUNITY IN
HOME TEXTILESHOME TEXTILES
Presentation byPresentation by
MR. SANJEEV SARANMR. SANJEEV SARAN
Immediate Past Chairman, SRTEPCImmediate Past Chairman, SRTEPC
The Synthetic & Rayon Textiles Export Promotion CouncilThe Synthetic & Rayon Textiles Export Promotion Council
Preface Preface
At the outset first I, would like to At the outset first I, would like to congratulate the organizers for there congratulate the organizers for there initiative of this conference which is very initiative of this conference which is very timely and can give directions to the timely and can give directions to the supply base as well retail , as shape of supply base as well retail , as shape of things to come .things to come .
On behalf of SRTEPC, I, wish a good luck On behalf of SRTEPC, I, wish a good luck and success to this conference.and success to this conference.
OVERVIEW OF INDIAN TEXTILE INDUSTRYOVERVIEW OF INDIAN TEXTILE INDUSTRY
• US$ 55 Billion Textile IndustryUS$ 55 Billion Textile Industry• UD$ 32 Billion (58%) Domestic UD$ 32 Billion (58%) Domestic
Market Market
US$ 23 Billion (42%) ExportsUS$ 23 Billion (42%) Exports
Exports Increased by nearly 6% Exports Increased by nearly 6% CAGR in last five yearsCAGR in last five years
GROWTH OF EXPORTS OF INDIAN GROWTH OF EXPORTS OF INDIAN MMF TEXTILES MMF TEXTILES
23082618
3336 3426
4160
0
500
1000
1500
2000
2500
3000
3500
4000
4500
2005-06 2006-07 2007-08 2008-09 2009-10
CAGR 12.50Value is US$ Million
Source: DGCI&S
PRODUCT SHAREPRODUCT SHARE
Fabrics54%
Yarn22%
Made-ups16%
Fibre8%
(2009-2010)(2009-2010)
DIRACTION OF TRADE (2009-10)DIRACTION OF TRADE (2009-10)
Middle East28%
Europe 16%
Other1%
Asia29%
Africa11%
N & S America15%
Source: DGCI&S
LEADING MARKETS (2009-10)LEADING MARKETS (2009-10)
CountryCountry Value (USD Mn.)Value (USD Mn.)
U.A.E.U.A.E. 536536
PakistanPakistan 434434
TurkeyTurkey 234234
AfghanistanAfghanistan 221221
U.S.A.U.S.A. 218218
BrazilBrazil 206206
U.K.U.K. 143143
BangladeshBangladesh 124124
Saudi ArabiaSaudi Arabia 120120
GermanyGermany 116116Source: DGCI&S
EXPORT OF INDIAN MMF HOME TEXTILESEXPORT OF INDIAN MMF HOME TEXTILES
Source: DGCI&S
600
704690
653
615
540
560
580
600
620
640
660
680
700
720
2005-06 2006-07 2007-08 2008-09 2009-10
Valu
e i
n R
s.
Cro
re
% CHANGE IN EXPORT OF INDIAN MMF HOME TEXTILES
Source: DGCI&S
YearYear Value in Rs. Cr.Value in Rs. Cr. % Change% Change
2005-062005-06 600600
2006-072006-07 704704 17.3317.33
2007-082007-08 690690 -1.98-1.98
2008-092008-09 653653 -5.36-5.36
2009-102009-10 615615 -5.82-5.82
SHARE OF HOME TEXTILESSHARE OF HOME TEXTILES
Year Year MMF MMF
Textiles ExportsTextiles Exports
MMF MMF Home textiles Home textiles
ExportsExports % Share% Share
2005-062005-06 10,22710,227 600600 5.875.87
2006-072006-07 11,84411,844 704704 5.945.94
2007-082007-08 13,41313,413 690690 5.145.14
2008-092008-09 15,76815,768 653653 4.144.14
2009-102009-10 19,77519,775 615615 3.113.11
Source: DGCI&S
Value in Rs. Crore
GROWTH IN CAGR PERCENTAGEGROWTH IN CAGR PERCENTAGE
TextilesTextiles 2009-102009-10 2003-042003-04 % CAGR% CAGR
MMF TextilesMMF Textiles 19,77519,775 9,0279,027 16.98%16.98%
MMF Made-upsMMF Made-ups 3,3323,332 1,5861,586 16.01%16.01%
MMF Home TextilesMMF Home Textiles 615615 349349 12.00%12.00%
Value in Rs. Crore
Source: DGCI&S
MAIN INDIAN MMF HOME TEXTILE PRODUCTSMAIN INDIAN MMF HOME TEXTILE PRODUCTS
Home TextilesHome Textiles 2009-2010 (Value in Rs. Crores)2009-2010 (Value in Rs. Crores)
Bed LinenBed Linen 135.9135.9
BedsheetBedsheet 115.17115.17
Furnishing ArticlesFurnishing Articles 114.74114.74
CurtainsCurtains 57.8157.81
MotifsMotifs 40.7540.75
BlanketBlanket 39.6139.61
Dish-cloths/DustersDish-cloths/Dusters 38.6438.64
Bed SpreadsBed Spreads 27.3927.39
Toilet LinenToilet Linen 17.4617.46
Table LinenTable Linen 17.4417.44
Sanitary TowelSanitary Towel 4.44.4
TapestriesTapestries 1.331.33
Wall CoveringWall Covering 0.470.47
OthersOthers 4.254.25
TotalTotal 615.3615.3
Source: DGCI&S
HIGH GROWTH INDIAN MMF HIGH GROWTH INDIAN MMF HOME TEXTILE PRODUCTSHOME TEXTILE PRODUCTS
Home TextilesHome Textiles 2009-102009-10 2003-042003-04 % Growth% Growth
Toilet LinenToilet Linen 17.4617.46 1.251.25 1,296.801,296.80
Bed LinenBed Linen 135.9135.9 11.1911.19 1,114.481,114.48
Dish-cloths/DustersDish-cloths/Dusters 38.6438.64 44 866.00866.00
DedsheetDedsheet 115.17115.17 26.6726.67 331.83331.83
CurtainsCurtains 57.8157.81 39.3339.33 46.9946.99
Furnishing ArticlesFurnishing Articles 114.74114.74 88.5288.52 29.6229.62
Table LinenTable Linen 17.4417.44 1414 24.5724.57
Value in Rs. Crore
Source: DGCI&S
STRENGHS OF INDIAN HOME TEXTILES STRENGHS OF INDIAN HOME TEXTILES INDUSTRYINDUSTRY
Availability of wider width weaving Availability of wider width weaving and processing.and processing.
Lesser Manufacturing Costs.Lesser Manufacturing Costs.
Availability of Raw Materials.Availability of Raw Materials.
Skilled Manpower.Skilled Manpower.
Unmatched colours and designs.Unmatched colours and designs.
Low Volume SourcingLow Volume Sourcing
HOME TEXTILES – DOMESTIC HOME TEXTILES – DOMESTIC OPPORTUNITIESOPPORTUNITIES
Home Textiles are life-style products Home Textiles are life-style products and youth influences fashion and and youth influences fashion and India is a contemporary and youthful India is a contemporary and youthful nation.nation.
India has large and expanding India has large and expanding domestic market.domestic market.
1010thth large retail markets in the world large retail markets in the world and growing 40% annually.and growing 40% annually.
HOME TEXTILES - CONSUMPTIONHOME TEXTILES - CONSUMPTION
• Accounts for 60% of consumption Accounts for 60% of consumption in Developed Countries in Developed Countries
In India Home Textiles accounts In India Home Textiles accounts for only 10% of consumptionfor only 10% of consumption
GLOBAL TEXTILE EXPORTSGLOBAL TEXTILE EXPORTS
YearYear Total Total ApparelApparelHome Home
TextilesTextiles Other TextilesOther Textiles
20052005 512512 271271 3737 204204
20062006 562562 304304 5151 207207
20072007 623623 343343 5656 224224
20082008 652652 363363 6060 229229
20092009 558558 317317 5858 183183
Value in US$ Billion
Source: UN COMTRADE
GLOBAL HOME TEXTILE TRADEGLOBAL HOME TEXTILE TRADE
Around UD$ 58 Billion market at presentAround UD$ 58 Billion market at present
Is expected to grow by nearly 7% CAGR Is expected to grow by nearly 7% CAGR to reach US$ 80 Billion by 2015to reach US$ 80 Billion by 2015
India exports around US$ 1.5 Billion at India exports around US$ 1.5 Billion at present and by 2015 India’s exports of present and by 2015 India’s exports of Home textiles are expected to reach US$ Home textiles are expected to reach US$ 5 Billion5 Billion
GLOBAL TEXTILE EXPORTS GROWTHGLOBAL TEXTILE EXPORTS GROWTH
YearYear 20062006 20072007 20082008 20092009 % Growth % Growth (09/06)(09/06)
ApparelApparel 304304 343343 363363 317317 4.274.27
Home TextilesHome Textiles 5151 5656 6060 5858 13.7213.72
Other TextilesOther Textiles 207207 224224 229229 183183 -11.59-11.59
Value in US$ Billion
Source: UN COMTRADE
WORLD EXPORT OF HOME WORLD EXPORT OF HOME TEXTILES/MADE-UPS (Fibre Share)TEXTILES/MADE-UPS (Fibre Share)
2009 (Value in US$ Billion)2009 (Value in US$ Billion) % Share% Share
TotalTotal 57.5757.57 100100
CottonCotton 28.5928.59 49.6649.66
MMF TextilesMMF Textiles 21.3421.34 37.0637.06
WoolWool 3.573.57 6.26.2
Others Others 4.074.07 7.067.06
Source: ITC
GLOBAL HOME TEXTILE EXPORTS – PRODUCT SHARE
Terry Towelling0%
Carpets and Other Textile
Floor Coverings22%
Other Made-up Articles
74%
Wadding of Textile Materials
and Articles4%
MAJOR EXPORTERS FOR MAJOR EXPORTERS FOR MMF HOME TEXTILESMMF HOME TEXTILES
CHINACHINA
TURKEYTURKEY
PAKISTAN PAKISTAN
BANGLADESHBANGLADESH
INDIAINDIA
GERMANYGERMANY
Source: UN CONTRADE
MAJOR EXPORTING COUNTRIES OF OTHER MAJOR EXPORTING COUNTRIES OF OTHER MADE-UP ARTICLES (Chapter 63)-2009MADE-UP ARTICLES (Chapter 63)-2009
Value in US$ BillionValue in US$ Billion
World World 42.4942.49
ChinaChina 16.8216.82
PakistanPakistan 2.922.92
IndiaIndia 2.322.32
GermanyGermany 2.292.29
TurkeyTurkey 1.651.65
Source: UN CONTRADE
MAJOR IMPORTERS FOR MMF MAJOR IMPORTERS FOR MMF HOME TEXTILESHOME TEXTILES
USAUSAGERMANYGERMANYFRANCEFRANCEUKUKSPAINSPAINITALYITALYCANADACANADAHONG KONGHONG KONG
Source: UN CONTRADE
DEMAND DRIVERS FOR DEMAND DRIVERS FOR HOME TEXTILESHOME TEXTILES
Growth of urban population as well as Growth of urban population as well as their increasing purchasing capacitytheir increasing purchasing capacity
Increasing Real Estate SectorIncreasing Real Estate Sector
Increasing awareness for better living Increasing awareness for better living standardstandard
HOME TEXTILES – CONSUMERS HOME TEXTILES – CONSUMERS REQUIREMENTREQUIREMENT
EfficiencyEfficiency
FunctionalityFunctionality
Value for MoneyValue for Money
Eco-friendly Eco-friendly
Personalized productsPersonalized products
INNOVATIVE PRODUCTS IN INNOVATIVE PRODUCTS IN HOME TEXTILESHOME TEXTILES
Vitamin E (Skin Care) bed SheetsVitamin E (Skin Care) bed Sheets
Water Repellent Bed SheetsWater Repellent Bed Sheets
Mosquito-Bacteria Repellent Bed Sheets Mosquito-Bacteria Repellent Bed Sheets
Stain Free Bed SheetsStain Free Bed Sheets
NEW DEVELOPMENTSNEW DEVELOPMENTSFIBRES AND FABRICS USED IN HOME TEXTILESFIBRES AND FABRICS USED IN HOME TEXTILES
TRADITIONAL FIBRES AND FABRICSTRADITIONAL FIBRES AND FABRICS- Cotton- Cotton- Man-made fibres- Man-made fibres- Luxury Fibres- Luxury Fibres
PERFORMANCE FIBRES AND FABRICSPERFORMANCE FIBRES AND FABRICS- Stretch fibres and fabrics- Stretch fibres and fabrics- Moisture management fibres and fabrics- Moisture management fibres and fabrics- Thermoregulating fabrics- Thermoregulating fabrics
NEW DEVELOPMENTSNEW DEVELOPMENTS
EASY-CAREEASY-CARE
STAIN PROTECTIONSTAIN PROTECTION
FLAME RETARDANCYFLAME RETARDANCY
ANTI-MICROBIAL PROTECTIONANTI-MICROBIAL PROTECTION- X-Static- X-Static
FRAGRANCE ENCAPSULATIONFRAGRANCE ENCAPSULATION
TREND TOWARDS SIMPLICITYTREND TOWARDS SIMPLICITY
FROM FUNCTIONALITY TO FASHION FROM FUNCTIONALITY TO FASHION INNOVATIONS IN BEDDINGINNOVATIONS IN BEDDING
NEW DEVELOPMENTSNEW DEVELOPMENTS
• Encompassed wider fashion elements.Encompassed wider fashion elements.• Exotic designs and innovations with new and Exotic designs and innovations with new and exciting looksexciting looks• Transforming a house into a home Transforming a house into a home • From the high-end chenille to wide-width From the high-end chenille to wide-width jacquard, dobby and yarn-dyed, the Indian jacquard, dobby and yarn-dyed, the Indian furnishing industry manufactures a wide range furnishing industry manufactures a wide range of premium fabrics.of premium fabrics.
NEW DEVELOPMENTSNEW DEVELOPMENTSIncreased Use of Technical TextilesIncreased Use of Technical Textiles
-In home technical textiles, the demand for synthetic -In home technical textiles, the demand for synthetic products is expected to rise considerably. products is expected to rise considerably.
Eco-friendly and personalised productsEco-friendly and personalised products Going hand –in-hand with emerging buying philosophy Going hand –in-hand with emerging buying philosophy
of consumersof consumers The global market offers consumers a broader range of The global market offers consumers a broader range of
fibre combinations, fabrics, designs, textures and fibre combinations, fabrics, designs, textures and colours than it did in the 1990s. colours than it did in the 1990s.
Use of cutting-edge technologies in home textile Use of cutting-edge technologies in home textile products. For example, bed sheets are being made from products. For example, bed sheets are being made from Coolmax and Thermolite fabrics. Coolmax fabric Coolmax and Thermolite fabrics. Coolmax fabric incorporates a moisture managementincorporates a moisture management
NEW DEVELOPMENTSNEW DEVELOPMENTS
SOFT-FILLED PRODUCTSSOFT-FILLED PRODUCTS- Down and feather fillings- Down and feather fillings- Down-alternative fillings: Dacron polyester- Down-alternative fillings: Dacron polyester- Hypoallergenic filling fibres- Hypoallergenic filling fibres
BED SHEETSBED SHEETS- Increases in thread count- Increases in thread count
THERMALLY ADAPTIVE BEDDINGTHERMALLY ADAPTIVE BEDDINGMARKETING INNOVATIONSMARKETING INNOVATIONS
!ndian MMF Home Textiles!magine the possibilities!
Thank You!