Home / Knowledge / News / Apparel/Garments / Thai magnates eye local garment markets
Thai magnates eye local garment markets
May '08
Its one of the most apt opportunity for Thai businessmen to invest in Poland whose market, especially garment, is depicting high potential.

Poland has recently received a huge capital assistance of US $120 billion from the EU valid from 2007-13. This financial aid will largely be directed to develop the manufacturing and services sectors.

Experts have recognized this phase a transitional period for the economy of Poland and have therefore urged Thai investors to bang on right into exploring the innumerable opportunities that the market has to offer.

Poland's economy has shown a consistent growth and its GDP is expected to grow by about 5 percent this year. This can be taken as a guarantee that investment in the garment sector of the country is likely to bear fruitful outcome.

Thailand exports to Poland in 2007, reached 14.04 billion baht soaring by 78 percent than the previous year. Imports, on the other hand accounted for 2.4 billion baht of the total expenditure made by Thailand.

Presently, markets in Poland are flooded by cheap garments from China. Thailand can make an attempt to break this monopoly as Thai apparel and jeans were formerly very popular among Polish entrepreneurs.

Even now, there are about 100 Polish customers flying to Thailand for buying children apparels making annual sales reach 900 million baht. Experts believe that kid's segment can be expanded with the help of investment partners for original design manufacturing (ODM) which focuses on product design rather than production.

A four day Thailand exhibition, first ever in Poland, was held last week as part of an initiative taken by the Commerce Ministry of Thailand to capture Eastern Europe.

Must ReadView All

Textiles | On 27th Oct 2016

Teijin Frontier develops Solotex RC lightweight fibre

Teijin Frontier Co. Ltd, fibre products converting company and part...

Tosha Hays addressing the conference. Courtesy: College of Family and Consumer Sciences, UGA

Textiles | On 27th Oct 2016

Industry experts discuss future of fabrics at UGA

Industry experts, researchers and military officials discussed the...

Courtesy: Global Denim Awards

Fashion | On 27th Oct 2016

Anbasja Blanken & Italian mill ITV Denim win GDA

Dutch designer Anbasja Blanken and Italian mill ITV Denim was the...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search