1. Market Research
  2. > Materials
  3. > Textile Market Trends
  4. > Indonesia Textile & Garment Industry Report - 2015

Indonesia Textile & Garment Industry Report - 2015

  • July 2015
  • -
  • Emerging Markets Direct Media Holdings
  • -
  • 26 pages

Summary

Table of Contents

This report profiles Indonesia's textile and garment industry, discussing market trends through 2014 and outlook for 2015 and beyond. The report also highlights leading players in the sector including PT Pan Brothers Tex Tbk, PT Eratex Djaja Tbk and PT Ever Shine Tex Tbk.



The textile and garment industry is an important contributor to Indonesia's economy, serving as a large source for jobs and export earnings. Being one of the largest textiles and apparel producers in the region, the country has a long tradition of producing and exporting ready-made garment and home- fashion textiles. Primary production areas of domestic textile and textile products are located in West Java province. Currently, Indonesia's textile industry accounts for about 2% share of the global market.



In recent years, the consumption of synthetic household textile and furnishings has been on an upward growth trend. The sector relied on natural fibers traditionally, but consumption of synthetic fibers production in household textiles and furnishings has increased, owing to their inherent environmental, performance, and health advantages. Industry observers predict this trend towards synthetic fibers and away from natural fibers, by expanding markets in developing economies, is set to continue.



The current global economic condition has adversely impacted the upstream fiber industry. With plummeting consumer confidence amid global slowdown, demand for apparel and textiles has declined, affecting the demand for fibers used in their manufacture. The upstream sector has taken a bigger hit due to growth of imports from other countries.



Nonetheless, Indonesian textile exports accounted for only 2% share of the global market. Therefore, there is a huge opportunity for the textile industry to expand and capture a larger market share globally. Major challenges facing the industry include soaring global prices of raw material, raw material declining supply, and global climate change. Some of the initiatives undertaken by the Ministry of Industry to boost investment include exempting import duties on raw materials and machine imports over a two-year period.



Key Points:



o The export value of textiles and textile articles reached USD 13.1bn in 2014, up slightly by 0.6% y/y.



o The general overall industrial production index grew by 4.8% y/y in FY14, lower than the FY13 figure. The production index for garments sector grew at a moderate 3.6% y/y in FY14, after growing by 8.4% y/y in FY13.



o Indonesia had an average GDP growth rate of 5.9% during 2006-2011. In FY13, GDP grew by 5.8%, which was better than that of developed markets and even some emerging economies. However, FY14 proved to be a tough year for the economy with GDP slowing to a five-year low of 5%. Textile and apparel sector also bore the brunt of this slowdown with subdued growth during the last few quarters.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Cold Plasma Market by Industry, Application, Regime - Global Forecast to 2021

Cold Plasma Market by Industry, Application, Regime - Global Forecast to 2021

  • $ 5650
  • Industry report
  • February 2017
  • by MarketsandMarkets

The cold plasma market is expected to grow at a lucrative CAGR of 16.2% from 2016 to 2021, to reach USD 2.91 billion by 2021 from USD 1.38 billion in 2016. Market growth can be primarily attributed to ...

Textiles Market Analysis By Raw Material (Cotton, Chemical, Wool, Silk), By Product (Natural-Fibers, Polyester, Nylon), By Application (Household, Technical, Fashion & Clothing), By Region And Segment Forecasts, 2014 - 2025

Textiles Market Analysis By Raw Material (Cotton, Chemical, Wool, Silk), By Product (Natural-Fibers, Polyester, Nylon), By Application (Household, Technical, Fashion & Clothing), By Region And Segment Forecasts, 2014 - 2025

  • $ 4950
  • Industry report
  • January 2017
  • by Grand View Research

The global textile market is expected to reach approximately USD 1,237.1 billion by 2025, according to a new report conducted by Grand View Research, Inc. Rising disposable income, urbanization and population ...

Global Waterproof Breathable Textiles Market (2017 - 2022)

Global Waterproof Breathable Textiles Market (2017 - 2022)

  • $ 4250
  • Industry report
  • February 2017
  • by Mordor Intelligence LLP

The global waterproof breathable textiles market has been estimated at USD 1.48 billion in 2016 and is projected to reach USD 1.94 billion by 2021, growing at a CAGR of 5.52% during the forecast period, ...

Textile Fibers Markets In China

January 2017 $ 4000

Download Unlimited Documents from Trusted Public Sources

Cotton Industry in India - Forecast

  • March 2017
    36 pages
  • Textile  

    Cotton  

    Apparel  

  • India  

    United States  

    Pakistan  

View report >

Textile Statistics in India

  • March 2017
    5 pages
  • Textile  

  • India  

    Asia  

View report >

Cotton Industry in India

  • March 2017
    18 pages
  • Cotton  

    Textile  

  • India  

    Asia  

    Japan  

View report >

Related Market Segments :

Textile

ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.