Covid19 has turned our lives upside down and the impact can be very clearly seen in businesses and various organizations. These are the times we were not prepared for. Some industries have bloomed while others faced challenges. Textile & Apparels on the other hand saw two different sides of the coin. Let us have a look and also enlighten the exporters about the benefits of Supplier4Buyer packages.
Impact of Covid19 on Textile & Apparels Industry
Being an entrepreneur, businessperson or individual per se, you should know how to turn crisis into opportunities. Based on the latest trends and research on the Textile & Apparels enterprise, we have combined some facts of this industry in national and internal markets.
- In 2020-21, the Indian domestic textile and apparels sector is expected to be worth $75 billion. By 2025-26, the market is predicted to recover and grow at a 10% CAGR, reaching US$ 190 billion. Clothing accounts for over a third of the whole T&A market in India.
- The Textile & Apparels industry is expected to decline by 22% in 2020 as a result of Covid19, bringing it to US$1280 billion. On the positive end, 2021 appears to be a good year for this company to reach US$ 2007 billion by 2025.
- India is the world’s second-largest exporter of home textiles and yarn, trailing only China in terms of market share.
- The distribution of textile & apparels segments are:
- T-Shirts & Tops – 38%
- Casual Wear – 32%
- Outwear Partywear – 16%
- Baby Clothing – 9%
- Beachwear Swimwear – 5%
- T&A trade was dominated by apparel, which had a 58 per cent offer in the general trade, followed by textiles, which had a 19 per cent offer.
The data surely shows that the Textile & Apparels industry will grow in upcoming years, but currently, pandemic showed an increase in online textile industries. Textile & Apparels are basic requirements and hence online retailers were benefited.
Textile & Apparels by Supplier4Buyer
The textile & apparels industry is huge, and some of the best manufacturers can be discovered on Supplier4Buyer’s b2b portal from all across India, including major cities like New Delhi, Gurgaon, Mumbai, Ahmedabad, Pune, Jaipur, and others.
Buyers across the globe will experience no difficulty discovering their design items, considering 12m+ members of Supplier4Buyer. Listed below are things accessible on Supplier4Buyer’s b2b portal.
- Apparel Fabrics And Dress Materials
- Embroidery Needles And Accessories
- Home Textile And Furnishing
- Industrial Uniforms And Safety Wear
- Kids Dresses
- Ladies Dresses Apparels And Clothings
- Men Shirts Jeans And Clothing
- Socks Leggings And Stockings
- Sports Wear And Athletic Accessories
- Towels Napkins And Handkerchieves
- Unisex Clothing
- Yarns And Threads
Supplier4Buyer Packages for generating Buyers Leads
The entire epidemic has adjusted market supplies and needs, so Indian exporters and manufacturers will benefit from entering the global market and online advertising. Supplier4Buyer offers three international packages and seven domestic packages, each with its unique set of features and some common ones listed below.
Common benefits of each package: Individual domain (email IDs as per package selected), e-brochure download, PAN Indian presence, unlimited buyer inquiries, unlimited SEO keywords, keywords for ranking, online catalogue – language converter, google my business registration, customer social media networks creation, posts on supplier4buyer social channel, banner advertising – inside category, promote company 365 days
- Silver Package: 100 product profile with 400 images, 10 verified leads in a year
- Gold Package: 200 product profile with 800 images, 20 verified leads in a year
- Diamond Package: 400 product profile with 1600 images, 50 verified leads in a year
- Online Catalogue: 12 verified leads in a year, 3000 promotional messages with a brief profile and 50 pictures omitting ‘Google My Business Registration’, S4B channel posting and banner advertisement – inside category
- Value Supplier Package: 24 verified leads in a year, 5000 promotional messages, excluding S4B channel posting
- Supreme Supplier Package: 120 verified leads in a year, 15000 promotional messages, product video presentation, WhatsApp connectivity