1. Market Research
  2. > Materials
  3. > Textile Market Trends
Indonesia Textiles Industry - Growth, Trends and Forecast (2019 - 2024)

Indonesia Textiles Industry - Growth, Trends and Forecast (2019 - 2024)

  • May 2019
  • 89 pages
  • ID: 5778226
  • Format: PDF
  • By Mordor Intelligence LLP

Summary

Table of Contents

Search Inside

Market Overview
The Indonesia Textiles Industry is expected to record a CAGR of 5.74% during the forecast period 2019–2024. The major factor driving the market studied is the accelerating exports growth in the country.

- High dependency on imported raw material is expected to hinder the growth of the market studied.
- Government initiative to attract investment in the industry is likely to act as an opportunity in the future.

Key Market Trends
Accelerating exports growth to Drive the Market

- Indonesia is among the top 10 textile-producing nations in the world. The country is also the 12th largest textile and apparel exporter, with major exporting destinations, including the United States, EU, and Middle-East.
- The country’s exports were relatively stagnant during the four year period of 2012-2016. The biggest increase in exports was witnessed in yarn and garments during 2016-2018.
- According to API, in the year 2017, the country faced declines in exports in Japan and the European Union, which were offset by rising textile demand in Southeast Asia and the Middle East.
- However, despite the global decline in the textile demand, the overall textile exports of the country rose by 8 % on a year-on-year basis in 2018, according to the Indonesian Textile Association (API). The United States still maintained top market destination for Indonesian textiles.
- Thus the above-mentioned factors are driving the textile industry in Indonesia.

Garments Stand out as the Largest Segment

The garment segment accounted for 22.23%, by volume in 2018, and 38.13%, by revenue, in 2018.
- The garment and textiles industry in Indonesia is raising the bar in the global textiles market, with the revenue of apparel reaching almost USD 16 billion in 2018.
- The Indonesian government has set a target to increase the export value of textiles and garments to USD 75 billion, by 2030.
- This step is expected to increase Indonesia’s textiles and apparel products share in the global market, by reaching 5%, by 2030.
- Domestic demand for garments is also rising, owing to the rising purchasing power of people, demand for new fashion, expansion of internet retailing, and growing sales channels.
- From the above-mentioned points, we can see a vast scope for the garments segment of the textiles industry in Indonesia during the forecast period.

Competitive Landscape
The Indonesian textiles industry is highly fragmented in nature, with the presence of a huge number of local and international players in the market. The major companies include PT Sri Rejeki Isman TBK, PT Asia Pacific Fibers TBK, PT Indo-Rama Synthetics TBK, PT Pan Brothers TBK, and PT Tifico Fiber Indonesia TBK

Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- Report customization as per the client’s requirements
- 3 months of analyst support

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
20% Off

($3250)

  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Thailand Textile Market - Growth, Trends and Forecast (2019 - 2024)

Thailand Textile Market - Growth, Trends and Forecast (2019 - 2024)

  • $ 3250
  • June 2019

Market OverviewThailand’s textile industry is a major non-western entity that constitutes more than 2000 garment companies and an almost equal number of textile firms most of which are located around ...

Viscose Staple Fiber Market - Growth, Trends, and Forecast (2019 - 2024)

Viscose Staple Fiber Market - Growth, Trends, and Forecast (2019 - 2024)

  • $ 4250
  • May 2019

Market OverviewThe global viscose staple fiber market is likely to register healthy growth, at an estimated CAGR of 4.27% over the forecast period, 2019 to 2024. One of the major factors driving the growth ...

Textile Market Size, Share & Trends Analysis Report By Raw Material, By Product, By Application And Segment Forecasts, 2019 - 2025

Textile Market Size, Share & Trends Analysis Report By Raw Material, By Product, By Application And Segment Forecasts, 2019 - 2025

  • $ 4950
  • April 2019

Textile Market Size, Share & Trends Analysis Report By Raw Material (Wool, Chemical, Silk, Cotton), By Product (Natural Fibers, Polyester, Nylon), By Application (Technical, Fashion & Clothing, Household), ...


ref:plp2019

Reportlinker.com © Copyright 2019. All rights reserved.

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

Make sure you don’t miss any news and follow us on