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Indian Export Market Printed Woven Bedlinen Of Cotton (hs Code 630221)

Overview

India’s export market for printed bed linen of cotton (HS Code 630221) has seen remarkable fluctuations from 2016 to 2023, with exports rising from $13.8 million to $89.3 million. The USA remains the largest importer, contributing 37.4% to India’s market share, while the overall growth rate of Indian exports stands at an impressive 81.4%. Spain and Germany have also shown significant growth, with market shares of 51.7% and 22.7%, respectively. The growth trajectory reflects India’s competitive pricing and improved quality, positioning it favorably in the global textile market.

The USA is the leading importer of printed bed linen from India, with imports growing from $7.9 million in 2016 to $72.6 million in 2023. The substantial growth rate of 81.4% showcases a strong demand for Indian products, resulting in a significant market share of 37.4%. This trend emphasizes the USA’s pivotal role in boosting India’s textile exports. Spain has demonstrated steady growth, increasing its imports from India from a mere $0.2 million in 2016 to $3.6 million in 2023. With a growth rate of 51.7%, Spain represents a small but growing market for Indian printed bed linen, showcasing opportunities for further expansion in European markets. Germany’s imports from India have seen a gradual increase, rising from $0.6 million in 2016 to $2.4 million in 2023. The market share growth of 22.7% indicates a positive reception of Indian products, highlighting potential for India to further enhance its presence in the quality-conscious German market.

India’s Position

India’s position in the global printed bed linen market has strengthened significantly, with a remarkable growth rate of 81.4% over the past seven years. The country has successfully increased its export value to $89.3 million, marking a strategic ascent in the global textile arena. Despite facing stiff competition, India’s market share is notably influenced by the robust demand from the USA, which underscores its potential for growth. Leveraging quality and competitive pricing, India is poised to capture a larger slice of the global textile market, paving the way for sustained success in the coming years.

  02:31 PM, Apr 22

Source : Indian Export Market Printed Woven Bedlinen Of Cotton (hs Code 630221)
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