Digitally Printed Textiles - A India Perspective

Preview:

DESCRIPTION

This presentation was delivered by Aditya Chandavarkar, CEO, Inkjet Forum India, at the recently concluded 3rd International Digital Textile Congress on 4th & 5th September at the University of Gent organised by Unitex. This was very well received and attended event with over 250 delegates & 24 speakers from US, Europe & Asia. The response received for this conference indicates the growing interest towards digital textile printing. Inkjet Forum India strives to lead the global printing industry towards innovation in Inkjet. Our online portal is focused on keeping the printing industry updated with the latest technological developments, innovative applications & market trends in the areas of digital textile printing, industrial printing, packaging, labeling and 3D printing. Inkjet Forum India helps small, medium and large business houses from the worldwide inkjet industry to capture and increase their market share by providing cost effective and innovative brand promotion solutions for reaching to a focused target audience in the shortest time. We also organize the most comprehensive and informative conferences, seminars and courses for the inkjet industry which allures the key stakeholders of the industry.

Citation preview

© 2014, Inkjet Forum India

Digitally Printed Textiles – A India perspective

Aditya Chandavarkar Founder & CEO

Inkjet Forum India

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

Presentation Structure Indian Textile Industry DTP in India Challenges/Opportunities Conclusions About us

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

3

Indian Textile Industry

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

65%

35%

14%Industria

l Producti

on

12%Exports

27%Foreign Exchange Earning

Contributes

2nd Largest Exporter

$ 223 bn

11% CAGR

Projected 2021

Source: Technopak

=

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

Advantages

Manufacturing Flexibility

Multi-Fibre Raw Material Capability

Product Development/Design

Industry Competition – Promotes Innovation

Favorable Government Policies

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

Integrated Textile Setup

India is amongst the few countries in the world which have presence across the textile value chain.

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

Favourable Market Demand Source: ET Retail

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

DTP in IndiaEstimates of Market Size

Market Segmentation

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

Market Size

* Ink Consumption Average: 10 – 12 gm/lmAnnual Ink Consumption

~ $ 250 mn500 - 6000

lm/day

~ 51 million

meters

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

 

Printer Installed Base Estimate

??

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

OEM’s in India

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

Ink Scenario in India

Ink Price 93 %

Volume 150% (in last 4 years)

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

Source: MS Orange # Figures are based on Production level printers

Market Share – Print-heads

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

Market Segmentation

Home Textiles Others Apparel/Fashion

Carpets

Flags & BannersSignageT-shirt

Valve-jet technology

DTP in India

72% 15% 10% 3%

~ $ 250 mn

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

Digitally printed Ethnic wear

Apparel/Fashion

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

16

Saree

Salwar Kameez

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

Ethnic wear = 70% of women’s wear market in India

Market value of $ 10.82 billion

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

Vishal Fashions | Surat

Technology:

Early adopter of industrial scale digital textile printing with Osiris.

Products Manufactured:Indian ethnic wear, Fabrics

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

Digitally Printed Home Textiles make up 10 % of total digital textile landscape in India.

Home Textile

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

Leading Home Textile Companies

$ 2 bn

$ 130 mn$ 270 mn$ 271 mn

$ 343 mn$ 350 mn$ 548 bn

$ 594 mn$ 670 mn

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

Snapshot – Home Textiles in India

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

First Home Textile manufacturer to have a fully functional digital printing setup in India.

Digital Printed Output: 1.2 – 1.5 million lm/year

Products Manufactured:Curtains, Bed Linen, Upholstery,

Technology:

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

Technology Clients

US $75 million and it exports to regions across the world like North America, Europe, Australia, Japan and East Asia. 

Digital Printed Output: 0.7 – 0.9 million lm/year

Products Manufactured:Cushions, Curtains, Kitchen,Table Linen & Throws

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

Kabadi Shankarsa & Co. 

Digital Printed Output: 35% of Total Production

Products Manufactured:Cushion Covers, Curtains, Kitchen,Table Linen & Scarfs.

Technology Clients

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

Challenges / Opportunities

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

Challenges Understanding of the DTP cost model/Marketing

Strategy.

Training & Knowledge of technology.

Confidence in Technology Consistency in Pre/Post-Treatment of Fabrics.

Lack of options of Pigment Technology (Home Textile)

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

Interest in domestic markets for modern designs

Perfect vehicle for small/mid sized companies.

Lower product life cycle cost.

Design Combinations – Traditional Indian Art + Digital

Reduces impact on environment.

Opportunties

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

Exploring E-commerce

E-commerce in India will grow @ 75%

over the next decade, and likely to

reach US$ 60-75 Billion by 2020.

88% growth in 2013 and industry pegged at $ 16 billion

Lower costs for expansion to reach out to customers in smaller citiies.

Source: Assocham, eBay census

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

Conclusions

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

India has potential to utilise inherent strengths in textile industry to become a leader in digital

textile printing

Training and Technical/Application Support will be major catalysts for this growth

Business’s need to re-think marketing and branding

strategies.

© 2014, Inkjet Forum India

© 2014, Inkjet Forum India

31

Aditya ChandavakarFounder & CEOInkjet Forum India

+91 9869441285

aditya@inkjetforumindia.com

@inkjet_india

www.inkjetforumindia.com

Get in touch !

Recommended