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The broader textile spectrum is experiencing amplified growth the world over. The sheer size of the industry is a case in point. The worldwide textile industry size was valued at USD 993.6 billion in 2021 and is tipped to grow at a compound annual growth rate (CAGR) of 4.0% from 2022 to 2030. Mounting demand for contemporary apparel coupled with the emergence of e-commerce platforms is driving the market growth over the forecast period. The textile segment operates on three major principles โ designing, production, and distribution of different raw materials, including yarn and clothing. A host of sub-processes spanning knitting, crocheting, weaving etc., are commissioned to produce a wide range of finished and semi-finished goods in the form of bedding, clothing, apparel, medical, and other accessories.
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India is set to significantly expand its fashion industry, targeting a market size of $350 billion by 2030. This ambitious plan is expected to generate over 2 million new jobs and enhance the countryโs position as a global textile and apparel powerho
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"Hi, I'm the founder of The Rich clothing startup. Many fashion enthusiasts struggle to find sustainable, luxury, primium and stylish clothing. We Offers eco-friendly, on trend apparel at competitive prices. Our proprietary fabric blend ensures comfo
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"Join the SRBL 'The Vibe Apparel' Movement! ๐ Where Streetwear Meets Vision. Your chance to invest in a brand that's redefining fashion and culture." "Be part of a revolution in apparel! ๐ฅ With SRBL 'The Vibe Apparel', weโre blending bold designs,
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Largest Exporters of Textile & Apparel 2022 (%):๐๐งฅ ๐จ๐ณ China, Hong Kong: 34.4% ๐ง๐ฉ Bangladesh: 6.2% ๐ป๐ณ Vietnam: 5.6% ๐ฎ๐น Italy: 4.4% ๐ฉ๐ช Germany: 4.2% ๐ฎ๐ณ India: 4.0% ๐น๐ท Turkey: 3.7% ๐บ๐ธ U.S: 3.2% ๐ช๐ธ Spain: 2.2% ๐ณ๐ฑ Netherlands: 2.1%
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Startups are all about finding gaps and solving for those problems. 1) apparel - Market size in 2030 -65b dollars 2)electronics- market size in 2030- 68b dollars 3) food fmcg- market size in 2030- 65b dollars 4) beauty- market size in 2030- 28b doll
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