• Linkdin
Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow
         Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow

Thai garment firms must explore Indonesian market: Report

19 Nov '12
1 min read

Thailand’s apparel companies should focus on overseas markets, mainly Indonesia, to sustain their business, in view of increasing competition in the domestic market, a report by Kasikorn Research has suggested.
 
According to the study, Indonesian economy opens up a good export market for the garment units in Thailand since the country’s economy has grown favorably, increasing the household incomes and purchasing power for apparels, during the past few years.
 
In fact, there has been a steady growth in Thai apparel exports to Indonesia during the past 4-5 years, the report states.
 
The value of foreign direct investment (FDI) in Indonesia’s textile and apparel sector has been continuously increasing and with the integration of ASEAN Economic Community (AEC), the country will draw more FDI, the research stated.
 
Similarity in fashion tastes and strong demand for apparels is the main reason for Thai garment units having good scope in Indonesia. 
 
Kasikorn Research Centre conducts research on the contemporary developments in the global economy, business, money and banking.
 

Fibre2fashion News Desk - India

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search