Indigo Dyes Market

Indigo Dyes Market

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  • 10-08-2022
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Indigo Dyes Market Outlook 2031

The global indigo dyes market size was valued at USD 926.14 Mn in 2023 and is projected to reach USD 1.44 Bn by 2031, expanding at a CAGR of 5.1% during, 2023-2031. Increasing demand for indigo dyes from the textile industry is expected to boost the indigo dyes market.

Indigo is an important dyestuff used in the production of denim, one of the world's most popular fabrics. 
The word ‘indigo’ is derived from the Latin word ‘indicum’, which means Indian. However, the indigo plant is cultivated all over the world, including Asia, Java, Japan, and Central America.

Indigo Dyes Market Outlook

Al-nil, the Arabic word for blue, is derived from the old term, nil, which is another name for the dye. The origin of the term aniline in English is also the same. Indigo is extracted from the leaves of Indigofera tinctoria Linn., which has several medicinal properties, including antihyperglycemic, antioxidant, anti-inflammatory, antibacterial, antihepatoprotective, and anticonvulsant properties.

Indigo Dyes Market Dynamics

Major Drivers

Increasing demand for indigo dyes from the textile industry

The increasing demand for indigo dyes from the textile industry is expected to boost the market in the coming years. Indigo is an important dyestuff used in the production of denim, one of the most popular textiles in the world. The oldest dye used in the dyeing of textiles is indigo.

Many countries such as China, Japan, and India specialize in the use of this color. India has been home to the world's oldest indigo dyeing center. These factors are expected to increase the demand for indigo dyes from the textile industry during the forecast period.

In West Africa, indigo clothing symbolizes wealth and prosperity. In Japan, the use of silk was banned during the Edo period, hence people started using cotton. At that time, it was difficult to dye cotton fibers in colors other than indigo.

Presently, indigo is an important color in the production of the summer kimono. Indigo-dyed viscose fabric has high applications as a mosquito net, and it protects against all flying insects.

Rising disposable income and increasing popularity of blue denim jeans

The global economy is growing rapidly, due to the rising standard of living of people and exposure to modern technologies. The rising disposable income of people led to a change in the lifestyle of people, which is positively affecting the market.

Indigo dyes are widely used in the production of denim textile, which is widely used in the fashion industry. Over 1 billion pairs of jeans are dyed in indigo blue color each year. According to a recent poll, the average American woman owns 18 denim items in her closet, the bulk of which are in blue colors, ranging from deep ocean blue to pale sky blue.

According to a Gap denim color chart, majority of women like blue denim in varying tints. Medium blue was chosen by 39 percent, dark blue by 24 percent, and light blue by 16 percent. Increasing disposable income of people and the rising popularity of blue denim jeans are projected to drive the market in the coming years.

Major Restraints

Textile manufacturing techniques require a lot of water and harmful chemicals. They contribute to environmental damage by discharging untreated dye effluents in the form of sludge into nearby aquatic environments.

Natural indigo dye damages the environment. It takes a long time to degrade and pollute river water, making it impossible for plants and animals to survive in the absence of sunlight. Indigo dye has a negative impact on groundwater, rivers, and streams.

Strict government rules regarding indigo dyes used in various industries such as textile are anticipated to hamper the demand for indigo dyes in the forecast period.

Increasing attention to environmental protection and prevention of the spread of pollution led the government to take action and impose strict regulations on the use of indigo dyes, which is expected to hamper the growth of the market in the coming years.

Emerging Opportunities

Key manufacturers are using modern techniques for manufacturing indigo dyes, which is projected to boost the demand for the product during the forecast period. Research & development activities create opportunities for developments in indigo dyes, which is projected to fuel the market in the coming years.

Researchers from the University of Georgia in the US created an indigo dyeing procedure that is an environment-friendly alternative to current methods. The technology saves water and eliminates hazardous chemicals that pollute the environment during the dyeing process. It simplifies the procedure and ensures a larger amount of color than traditional approaches.

Scope of Indigo Dyes Market Report

The report on the global indigo dyes market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Indigo Dyes Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Type (Natural Indigo Dyes, Synthetic Indigo Dyes), Application (Textile Application, Non-Textile Application (Printing Inks, Paper, Others))

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered

AMA Herbal Laboratories Pvt. Ltd., Hangzhou Fucai Chem Co.,Ltd, Kirpal Exports, Dystar, Jacquard Products, KMA Exports, TECHNO COLOR CORPORATION, Jihua Group, Taiwan Dyestuffs & Pigments Corp., (HENAN JINHE INDUSTRY CO.,LTD) Yucheng Jinhe Industrial Co.,Ltd, Matrix Pharma Chem, Megha International.

Indigo Dyes Market Segment Insights

The Global Indigo Dyes market is segmented on the basis of Types, Applications, and regions.

Types Segment Analysis

Based on types, the global indigo dyes market is bifurcated into natural indigo dyes and synthetic indigo dyes. The synthetic indigo dyes segment is expected to expand at a CAGR of 5.1%. Synthetic indigo-dyed denim materials have been widely used in garments for many years. Dark blue dyes are widely used for manufacturing textiles for coloring cotton yarn, which increases its demand across industries such as leather, cosmetics, and the drug industry.

The natural indigo dyes segment is projected to expand at a CAGR of 5.8% during the forecast period. Natural indigo has traditionally been used as medicine in China. It has a broad range of pharmacological qualities and is used to treat a variety of disorders, including leukemia, psoriasis, and ulcerative colitis.

Indigo Dyes Market Type

Application Segment Inisghts

In terms of Application, the global indigo dyes market is categorized into textile applications and non-textile applications. The non-textile application segment is sub-segmented into printing inks, paper, and others. The textile segment is expected to expand at a CAGR of 5.2% during the forecast period. The textile industry is the major consumer of indigo dyes, as indigo dyeing is used for dying fabrics.

Continuous efforts are made to enhance existing dyeing procedures in order to conserve dye while enhancing color output and shade control.


The non-textile segment is expected to expand at a CAGR of 4.9% during the forecast period. The indigo dye market is anticipated to grow, due to the rising usage of dyes, particularly in food and beverage colorings and other non-textile applications such as ink dyes, paper dying, and leather dying.

Indigo Dyes Market Application

Regional Analysis

Based on regions, the global Indigo Dyes is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market for Indigo Dyes in the Asia Pacific region is growing rapidly due to increased investment in the industrial sector and the growing population of the region. The market in Asia Pacific is projected to expand at a CAGR of 5.5% during the forecast period.

With the rise of the Internet, consumers in the region are inclined towards quick shopping, efficient transactions, and easy return policies. Rising online sales is contributing to the growth of the apparel industry, which is expected to drive the indigo dyes market during the forecast period.


North America accounts for 14.5% share of the global market. The growth of the market in North America is attributed to the rising demand for indigo dyes from the textile industry, particularly in the US and Canada.

Indigo Dyes Market Region

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global Indigo Dyes Market
  • Historical, Current, and Projected Market Size in terms of Value
  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
  • Industry Drivers, Restraints, and Opportunities Covered in the Study
  • Recent Industry Trends and Developments
  • Competitive Landscape & Strategies of Key Players
  • Neutral Perspective on Global Indigo Dyes Market Performance

Segments

Type

  • Natural Indigo Dyes
  • Synthetic Indigo Dyes

Application

  • Textile Application
  • Non-Textile Application
    • Printing Inks
    • Paper
    • Others

Key Market Players Profiled in the Report

  • AMA Herbal Laboratories Pvt. Ltd.
  • Hangzhou Fucai Chem Co.,Ltd
  • Kirpal Exports
  • Dystar
  • Jacquard Products
  • KMA Exports
  • TECHNO COLOR CORPORATION
  • Jihua Group
  • Taiwan Dyestuffs & Pigments Corp., (HENAN JINHE INDUSTRY CO.,LTD)
  • Yucheng Jinhe Industrial Co.,Ltd
  • Matrix Pharma Chem
  • Megha International

Competitive Landscape

Key players operating in the market are AMA Herbal Laboratories Pvt. Ltd., Hangzhou Fucai Chem Co.,Ltd, Kirpal Exports, Dystar, Jacquard Products, KMA Exports, TECHNO COLOR CORPORATION, Jihua Group, Taiwan Dyestuffs & Pigments Corp., (HENAN JINHE INDUSTRY CO., LTD), Yucheng Jinhe Industrial Co., Ltd, Matrix Pharma Chem, Megha International.

These companies are considered key manufacturers of Indigo Dyes based on their revenue, research development (R&D) activities, product offerings, regional presence, and supply chain management system.

The players are adopting key strategies such as acquisition, collaborations, and geographical expansion where potential opportunities for the Indigo Dyes market.

Indigo Dyes Market Key Players

Video Summary for Indigo Dyes Market

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Indigo Dyes Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Indigo Dyes Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Indigo Dyes Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Indigo Dyes Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Indigo Dyes Market Size & Forecast, 2015-2030
      4.5.1 Indigo Dyes Market Size and Y-o-Y Growth
      4.5.2 Indigo Dyes Market Absolute $ Opportunity
Chapter 5 Global Indigo Dyes Market Analysis and Forecast By Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Type
      5.1.2 Basis Point Share (BPS) Analysis By Type
      5.1.3 Absolute $ Opportunity Assessment By Type
   5.2 Indigo Dyes Market Size Forecast By Type
      5.2.1 Natural Indigo Dyes
      5.2.2 Synthetic Indigo Dyes
   5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Indigo Dyes Market Analysis and Forecast By Application
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Application
      6.1.2 Basis Point Share (BPS) Analysis By Application
      6.1.3 Absolute $ Opportunity Assessment By Application
   6.2 Indigo Dyes Market Size Forecast By Application
      6.2.1 Textile Application
      6.2.2 Non-Textile Application
         6.2.2.1 Printing Inks
         6.2.2.2 Paper
         6.2.2.3 Others
   6.3 Market Attractiveness Analysis By Application
Chapter 7 Global Indigo Dyes Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Indigo Dyes Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
   8.1 Introduction
   8.2 Current & Future Impact Analysis
   8.3 Economic Impact Analysis
   8.4 Government Policies
   8.5 Investment Scenario
Chapter 9 North America Indigo Dyes Analysis and Forecast
   9.1 Introduction
   9.2 North America Indigo Dyes Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Indigo Dyes Market Size Forecast By Type
      9.6.1 Natural Indigo Dyes
      9.6.2 Synthetic Indigo Dyes
   9.7 Basis Point Share (BPS) Analysis By Type
   9.8 Absolute $ Opportunity Assessment By Type
   9.9 Market Attractiveness Analysis By Type
   9.10 North America Indigo Dyes Market Size Forecast By Application
      9.10.1 Textile Application
      9.10.2 Non-Textile Application
         9.10.2.1 Printing Inks
         9.10.2.2 Paper
         9.10.2.3 Others
   9.11 Basis Point Share (BPS) Analysis By Application
   9.12 Absolute $ Opportunity Assessment By Application
   9.13 Market Attractiveness Analysis By Application

Chapter 10 Europe Indigo Dyes Analysis and Forecast
   10.1 Introduction
   10.2 Europe Indigo Dyes Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Indigo Dyes Market Size Forecast By Type
      10.6.1 Natural Indigo Dyes
      10.6.2 Synthetic Indigo Dyes
   10.7 Basis Point Share (BPS) Analysis By Type
   10.8 Absolute $ Opportunity Assessment By Type
   10.9 Market Attractiveness Analysis By Type
   10.10 Europe Indigo Dyes Market Size Forecast By Application
      10.10.1 Textile Application
      10.10.2 Non-Textile Application
         10.10.2.1 Printing Inks
         10.10.2.2 Paper
         10.10.2.3 Others
   10.11 Basis Point Share (BPS) Analysis By Application
   10.12 Absolute $ Opportunity Assessment By Application
   10.13 Market Attractiveness Analysis By Application

Chapter 11 Asia Pacific Indigo Dyes Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Indigo Dyes Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Indigo Dyes Market Size Forecast By Type
      11.6.1 Natural Indigo Dyes
      11.6.2 Synthetic Indigo Dyes
   11.7 Basis Point Share (BPS) Analysis By Type
   11.8 Absolute $ Opportunity Assessment By Type
   11.9 Market Attractiveness Analysis By Type
   11.10 Asia Pacific Indigo Dyes Market Size Forecast By Application
      11.10.1 Textile Application
      11.10.2 Non-Textile Application
         11.10.2.1 Printing Inks
         11.10.2.2 Paper
         11.10.2.3 Others
   11.11 Basis Point Share (BPS) Analysis By Application
   11.12 Absolute $ Opportunity Assessment By Application
   11.13 Market Attractiveness Analysis By Application

Chapter 12 Latin America Indigo Dyes Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Indigo Dyes Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Indigo Dyes Market Size Forecast By Type
      12.6.1 Natural Indigo Dyes
      12.6.2 Synthetic Indigo Dyes
   12.7 Basis Point Share (BPS) Analysis By Type
   12.8 Absolute $ Opportunity Assessment By Type
   12.9 Market Attractiveness Analysis By Type
   12.10 Latin America Indigo Dyes Market Size Forecast By Application
      12.10.1 Textile Application
      12.10.2 Non-Textile Application
         12.10.2.1 Printing Inks
         12.10.2.2 Paper
         12.10.2.3 Others
   12.11 Basis Point Share (BPS) Analysis By Application
   12.12 Absolute $ Opportunity Assessment By Application
   12.13 Market Attractiveness Analysis By Application
Chapter 13 Middle East & Africa (MEA) Indigo Dyes Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Indigo Dyes Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Indigo Dyes Market Size Forecast By Type
      13.6.1 Natural Indigo Dyes
      13.6.2 Synthetic Indigo Dyes
   13.7 Basis Point Share (BPS) Analysis By Type
   13.8 Absolute $ Opportunity Assessment By Type
   13.9 Market Attractiveness Analysis By Type
   13.10 Middle East & Africa (MEA) Indigo Dyes Market Size Forecast By Application
      13.10.1 Textile Application
      13.10.2 Non-Textile Application
         13.10.2.1 Printing Inks
         13.10.2.2 Paper
         13.10.2.3 Others
   13.11 Basis Point Share (BPS) Analysis By Application
   13.12 Absolute $ Opportunity Assessment By Application
   13.13 Market Attractiveness Analysis By Application
Chapter 14 Competition Landscape
   14.1 Indigo Dyes Market: Competitive Dashboard
   14.2 Global Indigo Dyes Market: Market Share Analysis, 2021
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      14.3.1 AMA Herbal Laboratories Pvt. Ltd.
      14.3.2 Hangzhou Fucai Chem Co.,Ltd
      14.3.3 Kirpal Exports
      14.3.4 Dystar
      14.3.5 Jacquard Products
      14.3.6 KMA Exports
      14.3.7 TECHNO COLOR CORPORATION
      14.3.8 Jihua Group
      14.3.9 Taiwan Dyestuffs & Pigments Corp.
      14.3.10 Yucheng Jinhe Industrial Co.,Ltd
      14.3.11 Matrix Pharma Chem
      14.3.12 Megha International

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FAQ Section

Some frequently asked questions about this report!

Additional company profiles are provided on request. For a discussion related to the above findings, click Speak to Analyst

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

The Indigo Dyes market is projected to expand at a rapid pace globally, owing to the Increasing demand for indigo dyes from the textile industry.

According to this Growth Market Reports report, the Indigo Dyes market is expected to register a CAGR of 5.1% during the forecast period, 2022-2030, with an anticipated valuation of USD 1,365.7 million by the end of 2030.

Factors such as Product Development, Textile Industry, Technological Advancement, Disposable Income, and Others are analyzed in the final report.

Major players include AMA Herbal Laboratories Pvt. Ltd., Hangzhou Fucai Chem Co., Ltd, Kirpal Exports, Dystar, Jacquard Products, KMA Exports, TECHNO COLOR CORPORATION, Jihua Group, Taiwan Dyestuffs & Pigments Corp., (HENAN JINHE INDUSTRY CO., LTD), Yucheng Jinhe Industrial Co., Ltd, Matrix Pharma Chem, Megha International.

The base year considered for the Global Indigo Dyes Market report is 2021. The complete analysis period is 2015 to 2030, wherein, 2015 to 2020 are the historic years, and the forecast is provided from 2022 to 2030.