The practical benefits of the velvet material include its softness, durability, and luxurious appearance. Velvet is known for its smooth texture and ability to retain its shape, making it a popular choice for clothing, upholstery, and home decor items. The material is also easy to clean and maintain, adding to its practicality. Additionally, velvet provides insulation and warmth, making it suitable for use in colder climates. Overall, the material offers a combination of comfort, style, and functionality, making it a versatile option for various applications.