Dowel Market Analysis in India
The relevance of research
Dowel is a fastener often used in construction, the demand for which is high
Purpose of the study
Analysis of the state of the dowel market in India, assessment of the market size, analysis of competitors, as well as identification of factors affecting the market of dowels
Content
Part 1. Overview of the Indian dowel market
1.1. Main characteristics of the market
1.2. Dowel market volume dynamics 2016-2020 Potential market capacity
1.3. Assessment of factors affecting the market
1.4. Dowel Market Life Cycle Stage
1.5. Competition from substitute products
Part 2. Competitive analysis in the dowel market
2.1. Major players in the market
2.2. Market shares of the largest competitors
2.3. Profiles of major players
Part 3. Dowel production analysis
3.1. Volume and dynamics of domestic production of dowels
3.2. Share of exports in the production of dowels
3.3. Segmentation of dowel production by regions
3.3.1. Production by Union Territories
3.3.2. Production by states of India
Part 4. Analysis of foreign trade deliveries of dowels
4.1. Volume and dynamics of imports of dowels
4.2. Import structure
4.3. Volume and dynamics of export of dowels
4.4. Export structure
Part 5. Dowel Consumption Analysis
5.1. Dowel Consumption Dynamics
5.2. Analysis of the results of tenders for the purchase
Part 6. Price Analysis
6.1. Average producer prices by union territories
6.2. Average consumer prices by states in India
Part 7. Assessment of factors of investment attractiveness of the market
Part 8. Market development forecast for dowels until 2025
Part 9. Recommendations and conclusions
Research excerpt
Part 1. Overview of the Indian dowel market
1.1. Main characteristics of the market
Dowel (German Dübel - dowel, dowel, plug-in spike) - a fastener that, together with another fastener, is fixed in various ways ...
The first dowel was produced ...
The dowel has two main parts: ...
According to the material of manufacture, dowels are classified into: ...
In the framework of this study, the market for plastic dowels is considered.
The Indian market of plastic dowels is dominated by … products – the share of imports during the period under review is …%.
The share of products of Indian manufacturers ranged from …% to …%. At the end of 2020, the share of imports amounted to …%.
1.2. Dowel market volume dynamics 2016-2020 Potential market capacity
Consider the dynamics of the plastic dowel market in India since 2015.
The dynamics of the market for plastic dowels in India has … character - an indicator ... Even during the crisis of 2015-2016, the market had ... At the same time, demand was partially postponed due to the cancellation or suspension of some projects ... when the market showed ...%. Further in 2018-2019, the market pace was …
At the end of 2020, the market volume amounted to … billion Rs., which is … by …%. Despite the crisis, demand...
It should be noted that the real growth rate of the market …
As for the potential market capacity, its size almost completely depends on the dynamics, volumes and ... If, for example, we use ... as an indicative indicator, then the potential capacity of the plastic dowels market is estimated at ""...%"" of the available volume.
Diagram 3. Revenue (net) from the sale of dowels in the union territories for 2016-2020, %
Traditionally, the largest volume of proceeds from the sale of dowels is accounted for by … Union Territories: the region is the most ... The main facilities are concentrated in …Union Territories … The share of the region during the period under review ranged from …% to …%. In second place …
The regions with the lowest revenue from sales of dowels were …
1.3. Assessment of factors affecting the market
Macroeconomic factors affect the dynamics of all sectors of the Indian economy, including the dowel market. The main groups of factors are: economic, political, social and technological.
Economic
GDP (gross domestic product) is used to determine the rate of economic development of any state. GDP is a macroeconomic indicator that reflects the total value of goods, works and services that were produced and provided in the country in a year. Gross domestic product is the main indicator on the basis of which the level and pace of the country's economic development are determined.
Chart 4 shows India's GDP growth rate from 2007 to 2020 at comparable prices (at 2016 prices).
The impact of the crisis, which began in 2008, led to a decrease in GDP by …% in 2009, but then the growth rates were ...
Further, until 2014, the growth rate was …, but constantly …, and in 2015 it was … In 2015, which was the peak of the crisis in the state, the decline in GDP was …% compared to the previous year directly …
In 2016, GDP stagnated, at the end of 2017, this indicator demonstrates …
...
The volume index of gross domestic product in 2020 amounted to …% compared to 2019.
Diagram 4. Dynamics of India's GDP, 2007-2020, % to the previous year
Under the circumstances that currently (August 2021) negatively affect the size of GDP in the short and medium term, we will indicate the opinions of experts on the pace of development of world GDP and different countries.
...
Let's consider some experts' estimates of India's GDP dynamics forecast.
...
Demographic (social)
...
Political
...
technological
...
All considered factors are presented in Table 4.
Table 5. STEP analysis of factors influencing the dowel market
According to the results of the performed STEP-analysis, macro-environmental factors have a greater influence on the market of plastic dowels.
Such economic factors as … have a negative impact on the development of the market.
Growth … have a positive impact on the development of the studied market.
A group of economic and technological factors are exerting on the market…
1.4. Dowel Market Life Cycle Stage
...
1.5. Competition from substitute products
...
Part 2. Competitive analysis in the dowel market
2.1. Major players in the market
In 2020, the biggest players in the plastic dowel market are …
2.2. Market shares of the largest competitors
Diagram 14. Shares of the largest competitors in the dowel market in 2020, %
The top 5 companies of the market in 2020 included: ... with a share of ...%, a group of companies ... with a share of ...%, a group of companies ... with a share of ...%, ... Other Indian companies and imported products account for ...%.
The degree of concentration of players in the market can be assessed by the Herfindahl-Hirschman index, an indicator used to assess the degree of monopolization of an industry. According to the values of the Herfindahl-Hirschman indices, there are three types of market:
Type I - highly concentrated markets: 1800
Type II - moderately concentrated markets: 1000
Type III - low-concentration markets: HHI <1000
For the dowel market in 2020, the Herfindahl-Hirschmann index is ... - the market is ...
2.3. Profiles of major players
GK ...
...
Part 3. Dowel production analysis
3.1. Volume and dynamics of domestic production of dowels
Diagram 15. Dynamics of dowel production in India for 2015-2020, million Rs.
The dynamics of the production volume of plastic dowels in India in the period under review had … character. The average annual growth rate in current prices amounted to …%, in comparable prices – …%.
At the end of 2020, plastic dowels were produced in the amount of … billion Rs., which is …% higher than the level of 2019.
The total revenue of the market leaders in the period under review tended to ... In 2020, the figure amounted to ... billion Rs., which is by ...% ... the level of 2019 and by ...% ... the level of ... the year.
3.2. Share of exports in the production of dowels
The share of exports in production was maximum in … year, in subsequent years …%, while it tended to ...
3.3. Segmentation of dowel production by regions
3.3.1. Production by Union Territories
The undisputed leader in the production of plastic dowels in India is … Union Territories – since 2018, the volumes exceed … million Rs. Also in the top three regions-leaders are…
According to the results of the analysis, the outsider counties were ...
3.3.2. Production by states of India
The distribution of shares between producing regions is determined by the location ... The top 5 states included ...
Part 4. Analysis of foreign trade deliveries of dowels
4.1. Volume and dynamics of imports of dowels
The dynamics of imports of plastic dowels to India in physical terms has … character. The exchange rate difference resulting from the devaluation of the rupee and the corresponding … led to …
In 2017-2019, the dynamics was …
… in 2020 led to …% in tons, by …% in dollars. At the same time, imports in rupees amounted to …
4.2. Import structure
More than … of all plastic dowels are supplied to India from … (…%) and … (…%). Also, the Top 5 importing countries by the amount of imports in value terms include …
4.3. Volume and dynamics of export of dowels
...
The nature of the change in the volume of exports until 2017 ... in physical and value terms, since 2017 - ...
In 2020, … tons of plastic dowels were exported in the amount of … million Rs.
Diagram 23. Balance of exports and imports in 2015-2020, million rubles
In 2017-2020, there is … trade balance in the market of plastic dowels – … exceeds … more than ... At the end of 2020, the balance amounted to … million Rs.
4.4. Export structure
Significant export volumes account for … (…%), … (…%) and … The top 10 exporting countries account for …% of deliveries.
Part 5. Dowel Consumption Analysis
5.1. Dowel Consumption Dynamics
Per capita consumption calculated by GidMarket based on the ratio of the market size to the population of India. For the period from 2016, consumption …, amounting to … Rs./person in 2020. However, a significant part of the increase in the indicator ...
5.2. Analysis of the results of tenders for the purchase
According to ... for the period from August 1, 2020 to July 30, 2021, according to Federal Law-44, more than ... thousand contracts were concluded in total, including dowels in the subject of purchase.
Let us present detailed information on contracts in the form of a table, where, for example, data on contracts worth more than 5 million Rs are given.
Table 10. Tenders for the purchase of dowels, for which contracts were concluded under Federal Law-44 in the period from 01.08.2020/30.07.2021/5 to / / , in the amount of more than million Rs.
Analysis of information on contracts under FZ-44 for the supply of dowels showed that:
- In the list of purchased products under the tender, in addition to dowels ...
- The share of dowels in purchases (presented in the table) fluctuated from …% to …%.
- All tenders under FZ-44, containing the supply of dowels in their subject matter, have been announced ...
- Data on contracts are posted ...
- Part of the contracts are concluded in the way ...
- ...
If we consider the entire set of tenders for FZ-44, FZ-223, commercial purchases, then according to the BiCo tender in 2020, such tenders were held ...
In 2020, tenders for the purchase of dowels most often consisted of ... - in ...% of cases, and were also carried out quite often ...
Part 6. Price Analysis
6.1. Average producer prices by union territories
...
6.2. Average consumer prices by states in India
To conduct a comparative analysis of consumer prices across the states of India, a conditional package of dowels was taken ...
The average price for a conditional package of dowels is … Rs. The increase to the price of 2016 in 2020 amounted to …%, this growth rate of the price … of the average increase in consumer prices for non-food products (CPI is …%). By the price of 2019, the increase amounted to …%.
Prices in the states of India vary quite a lot. The maximum price is ... rupees, it is marked in ...
The minimum price is observed ... - ... rupees. Also in the list of states with low prices for dowels - ...
The maximum price is above the average by …%, and the minimum is below the average for India by …%.
Such a spread of prices in the regions is due to each of them ...
Part 7. Assessment of factors of investment attractiveness of the market
… factors of the investment climate of the market dominate over ... A comprehensive assessment of the factors of investment attractiveness is ... points - ... the investment climate. This means that within the industry in question…
The most significant positive factors. …
The most significant negative factors. …
Part 8. Market development forecast for dowels until 2025
...
Part 9. Recommendations and conclusions
...
Diagrams
Diagram 1. The ratio of imported and domestic products in the dowel market in 2015-2020,%
Diagram 2. Dynamics of the market volume of dowels, 2015-2020, million Rs.
Diagram 3. Revenue (net) from the sale of dowels in the union territories for 2016-2020, %
Diagram 4. Dynamics of India's GDP, 2007-2020, % to the previous year
Chart 5. Monthly dynamics of the US dollar against the rupee, 2015-2021 (Jan.-May), Rs. for 1 US dollar
Diagram 6. Dynamics of India's IPP in 2014 - 2021 (Q1), % to the previous year
Diagram 7. Dynamics of real incomes of the population of India, 2011 - 2020, % to the previous year
Diagram 8. Dynamics of retail trade turnover, 2013 - 2021 (Q1), % to the previous year
Diagram 9. Population dynamics in India as of January 1, 2010-2021, million people, %
Diagram 10. Population forecast in India for the period 2021-2024, million people
Chart 11. Dynamics of the average interest rate on loans, 2015-2021 (Jan-Jun), %
Diagram 12. Dynamics of the volume of the real estate construction market in India in 2006-2020, billion Rs.
Figure 13. Life cycle stage of the plastic dowel market
Diagram 14. Shares of the largest competitors in the dowel market in 2020, %
Diagram 15. Dynamics of dowel production in India for 2015-2020, million Rs.
Diagram 16. Dynamics of the total revenue of the largest manufacturers (TOP-5) of dowels in India, 2016-2020, billion Rs.
Diagram 17. The share of exports in production for 2016-2020, %
Diagram 18. Structure of production by states of India in 2020, %
Diagram 19. Volume and dynamics of imports of dowels in physical terms in 2015-2020, tons
Diagram 20. Volume and dynamics of imports of dowels in monetary terms in 2015-2020, units rev.
Diagram 21. Dynamics of export of dowels in physical terms in 2015-2020, tons
Diagram 22. Dynamics of export of dowels in monetary terms in 2015-2020, units rev.
Diagram 23. Balance of exports and imports in 2015-2020, million Rs.
Chart 24. Structure of exports by countries in 2020, %
Diagram 25. Dynamics of consumption of dowels in monetary terms, 2016-2020, Rs./person
Diagram 26. Distribution of the number of purchases containing the item ""dowel"" in India depending on the type of procurement procedure (by the number of purchases) in 2020,%
Chart 27. Problems faced by construction companies during the 2020 crisis, %
Diagram 28. Forecast of the volume of the real estate construction market in 2021–2025, billion Rs.
Diagram 29. Forecast of the market volume of dowels in 2021-2025, million Rs.
Tables
Table 1. Forecasts of various sources for real GDP in India in 2021-2023 (data for January-June 2021), %
Table 2. Average producer prices and CPI for electricity at the end of the period in 2017-2020, rupees, %
Table 3. Urban and rural population in India in 2014-2020 (as of January 1), million people, %
Table 4. Weighted average interest rates of credit institutions on credit operations in rupees, excluding PJSC Sberbank (% per annum), 2015-2021 (Jan-Jun)
Table 5. STEP analysis of factors influencing the dowel market
Table 6. The main companies participating in the dowel market in 2020
Table 7. Profiles of companies participating in the dowel market in 2020
Table 8. Dynamics of dowel production in India by union territories in 2016-2020, Rs.
Table 9. Structure of imports of dowels by importing countries in 2020, units rev.
Table 10. Tenders for the purchase of dowels, for which contracts were concluded under Federal Law-44 in the period from 01.08.2020/30.07.2021/5 to / / , in the amount of more than million Rs.
Table 11. Average producer prices on the dowel market across the Union Territories in 2020, Rs./kg
Table 12. Average consumer prices in the market of dowels by states of India in 2020, Rs./conv. pack.
Table 13. Assessment of factors of investment attractiveness of the dowel market
Table 14. Analysis of the impact on the industry of the state aid proposed to date
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