With production value of USD134 million, India accounts for 0.8% of the Asia Pacific total in 2023. The industry’s exports share decreases in 2023 to 19.9% of total production output. The industry’s profitability decreases and stands at 2.3% of production value in 2023, the 16th highest regionally. The costs of the industry increase by 0.8% in 2023, largely driven by rising B2B costs. The total number of companies increases in 2023, to 5,658 units. The industry is fragmented, with the top two companies generating 7.8% of total production value in 2023. T Abdul Wahid Taneries Pvt Ltd is the largest company in India, generating 5.5% of the industry’s total production value in 2023. India has the ninth largest market size for fur and fur articles regionally, with demand reaching USD128 million in 2023. B2B drives market demand, with B2B spending representing 77.1% of total demand in 2023. The market is dominated by domestic suppliers, as imports account for 4.0% of total market size in 2023.
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This Euromonitor industrial report provides unique information on Fur and Fur Articles in India: ISIC 182. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Fur and Fur Articles in India: ISIC 182 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of cordage, rope, twine and netting, finishing of textiles, made-up textile articles, spinning of textile fibers; weaving of textiles, tanning and dressing of leather, and technical textiles, labels, badges and other textile products.
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