Embroidered products are manufactured in various parts of the world. Be
it Europe, Africa, the American continents or Asia --- they all have
their own range of products for display with intricate embroidery
patterns. The rich heritage & culture of the place automatically
gets reflected in their work. But when talking about embroidered
products, then nothing can beat the Indian embroidered products which
have a massive demand at the international level.
Indian Embroidery Market
Indian embroidered products have a massive demand world over.
Experiments with embroidered products have always taken place on a
constant basis. Be it garments embellished with sequins or crystals, the
Indian products have definitely created a niche market in every nook &
corner of the world. Ironically, on one hand when they are getting
approved internationally, the indigenous products still have a long
distance to cover in order to create its dominance in the commercial
markets.
Indian market for embroidery values at around Rs 7.5 billion with about
18% of growth per year. The market is a highly fragmented market where
organized sector constitutes approx 40 per cent of the industry. Gradual
developments are constantly being made in the embroidery market sector
with big players taking a plunge in this growing sector. As a result,
nearly 60% of the market is accounted for by organized players.
Major Production Centers
India has many centers involved in the production of embroidered
products. Every place has its own unique culture which automatically
gets reflected in their products. With Surat & Mumbai as major
centers & Bareilly & Muradabad turning up as leading players in
bead work specialty, there is a healthy competition among the varied
players to top the charts.
Major Importers
Demand for goods are comparatively less at the home front. Thus,
exporting has become more convenient than importing for the Indian
embroidered products to survive the cut-throat competition. The major
importers of Indian embroidered products include :
- UK
- Saudi Arabia
- Morocco
- Indonesia
- Malaysia
- Egypt
- USA
- Africa
- Middle East
- Europe
The exports are growing at a rate of 15-20% per annum. Though, the
major competitor for India is none other than China & Vietnam, the
other Asian countries speedily climbing the stairs of success.
Inputs for the embroidery sector
Threads, most essential component in the embroidery sector, is easily
available in India. The growth in this aspect is growing at a rate of
around 7% per annum. At present, the consumption of embroidery yarns
stands at around 11,000 tonnes per annum.
While, to enhance the quality of the product, India imports embroidery
machines from countries like :
- Germany
- Japan
- Taiwan
- China
Embroidery work is traditionally used for the ornamentation of
apparels, home furnishings etc.