The apparel and textile industry is one of the most booming industries. With Indian apparel and textile being among the world's largest producers, the country is also the 6th largest exporter of apparel and textile across the globe. The apparel and textile industry contributes 5 percent to the country's GDP from the domestic sector, whereas 7 percent is contributed from the industrial output in value terms and the export earnings of the country acquire a contribution of 12 percent from the apparel and textile industry.
The investments in the textile and apparel industry have seen a surge in the growth pattern in the past five years. So, here are the various emerging investment themes that are to keep a close eye on in 2022:-
Themes in Apparel Industry Hiring
The apparel and textile industry has seen an immense rise in investments in the year 2021 as compared to 2020 when industry hiring is into consideration and this rise is likely to pace in the ongoing year 2022. The themes that have seen a rapid boost and had the highest investments which will follow in this ongoing year 2022 as well under the industry hiring factor are health and safety attaining a substantial investment rise in rank by 25 spots ranking on 19 followed by sensory and indulgence with an increase in investment standing on 5th spot making its place with a 10 spots increment.
The other themes that climbed the industry hiring investment rank chart were smart and connected going up by 2 spots making its place on rank 2 compared to 2020 whereas social currency gained an increase in investment by having a boost of 1 spot placing it on rank 22.
Investments in the industry hiring factor considering future of work saw neither a decline nor increase in investments rank compared to the year 2020 which is likely to change in the ongoing year. The themes mentioned are likely and estimated to increase in the year 2022 as the apparel and textile industry proceeds to grow further with these investments made in the past year.
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Themes in Apparel Industry Deals
Industry deals have seen an increase in investments in a variety of themes in the apparel and textile industry. The theme that got a lot of investments in the year 2021 is the e-commerce sector with a growth of 9 spots making its position on the 3rd rank and this sector is estimated to attract a rise in investments in the ongoing year 2022 as well.
The next highest investment that got a major place in the industry deals were the Gen Z and the millennials. The apparel and textile industry acquired about an increase in millennials and Gen Z theme by 5 spots attaining a position on rank 7 in the year 2021 compared to 2020.
The other theme that attained an investment growth ranking on 7th spot by a boost of 5 ranks was the online retail market shared with sensory and indulgence sector also attaining an investment growth rate of 7th position having a change in ranks by 5 spots in the year 2021 compared to 2020. Emerging economies in the year 2021 noticed neither uphill nor downhill in investment rank. This growth in investments in different themes in the industry deals is proof of the future investment deals in the following years.
Themes in Apparel Industry Patent Applications
The year 2021 has seen a lot of ups and downs, even after going through a downfall the investments in the industry patent applications in the textile and apparel industry have seen a positive spike in various themes of this industry. Remote patient monitoring topped the investment criteria with an increase in 44 spots making its place on 21st rank compared to 2020.
Robotics also experienced a 44 spots growth rate boost in investments in the year 2021 creating its position on rank 21 followed by virtual and augmented reality also acquiring a boost of 44 spots placing itself on rank 21. This increase in investments in the apparel and textile industry gives a ray of hope and helps the industry to increase its investment rate in the ongoing year as well.
Other themes that caught the attention of the investors in the industry patent applications were the 3D printing attaining the 14th rank by having an investment growth rate by 26 spots followed by a 12 spots increment in composite materials placing itself on rank 28. This growth of investments even after a complete downslope in the industry is a positive growth that will capture the attention of many investors in the year 2022.
Being one the broadest industry sector, the growth in investments has been a matter of appreciation and has managed to gather the attention of a lot of investors. So, it is important to keep a watch on the above-mentioned investment themes that are vital for future growth, as they all have the potential to grow exponentially.