New Delhi, Aug 20 (KNN) The Mattress Ticking Fabric Industry in India is expected to reach over Rs. 170 Crore by Financial Year 2020. In terms of revenues has grown at a CAGR of 9.5% from FY’2013-FY’2016, according to a research.

The report was released by Ken Research in its latest publication on “India Mattress Ticking Fabric Market Outlook to 2020” which provides a comprehensive analysis of the mattress ticking industry in India and covers various aspects such as market size in terms of revenue, segmentation on the basis of woven and knitted mattress ticking fabric, competitive landscape in the mattress ticking industry and the future outlook.

The report said that the mattress ticking industry in India has witnessed a growth in recent years on account of growing production and sales of mattresses in India as well as the growing demand for knitted mattress ticking fabric in the country.

According to the research report, the mattress ticking market in India will grow at a respectable rate due to the escalating demand for knitted mattress ticking and growing mattress industry of the country.

“As per the research analyst at Ken Research, a new entrant must focus on participating in mattress and textile expos being organized in India. It is one of the main marketing strategies that the players use to promote their products and reach out to potential clients.

Analyst further said that number of such expos are organized which are visited by all the major mattress manufacturers in the country. Export market for mattress ticking fabric in India is considerably large and has been projected to witness further incline over the next five years. Markets such as Sri Lanka and Middle East, especially UAE should be targeted as they will be generating significant demand for mattress ticking over the period FY’2017-FY’2020. (KNN Bureau)