India: Textile Wall Covering Market 2024

Textile Wall Covering Market Size in India

In 2022, the Indian textile wall covering market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption posted a measured increase. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Textile Wall Covering Production in India

In value terms, textile wall covering production totaled $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume decreased by X%. Over the period under review, production reached the peak level in 2022 and is likely to see steady growth in the near future.

Textile Wall Covering Exports

Exports from India

In 2022, shipments abroad of textile wall coverings increased by X% to X square meters, rising for the second year in a row after two years of decline. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, textile wall covering exports soared to $X in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Belgium (X square meters), the United States (X square meters) and France (X square meters) were the main destinations of textile wall covering exports from India, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the United States ($X) and France ($X) appeared to be the largest markets for textile wall covering exported from India worldwide, together comprising X% of total exports.

Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average textile wall covering export price amounted to $X per square meter, approximately mirroring the previous year. In general, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, textile wall covering export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per square meter in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to France ($X per square meter) and the United States ($X per square meter), while the average price for exports to the United Arab Emirates ($X per square meter) and Belgium ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Wall Covering Imports

Imports into India

In 2022, supplies from abroad of textile wall coverings increased by X% to X square meters, rising for the second year in a row after two years of decline. Over the period under review, imports saw a buoyant expansion. The pace of growth was the most pronounced in 2016 when imports increased by X%. Imports peaked at X square meters in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, textile wall covering imports soared to $X in 2022. Overall, imports showed resilient growth. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

China (X square meters), Belgium (X square meters) and Italy (X square meters) were the main suppliers of textile wall covering imports to India, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest textile wall covering suppliers to India were China ($X), Belgium ($X) and Italy ($X), together comprising X% of total imports.

Italy, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average textile wall covering import price stood at $X per square meter in 2022, surging by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The import price peaked at $X per square meter in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Iran ($X per square meter) and Italy ($X per square meter), while the price for Japan ($X per square meter) and the United States ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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