Home / Knowledge / News / Textiles / UAE textile market grows at CAGR of 9.9% - Report
UAE textile market grows at CAGR of 9.9% - Report
31
Dec '12
The report titled “The UAE Apparel and Textile Industry Outlook 2016 – Focus on Re-Exports and Emerging High-End Retail Sector” provides a comprehensive analysis of the various aspects such as market size of the UAE apparel and textile industry on the basis of gross output along with the overview of imports, exports and re-exports of textiles and textile articles. The report also covers the competitive landscape of the leading players of the Outerwear market in UAE.

The textile industry in UAE encompasses several categories such as woven, knitted and non-woven fabrics. The UAE textile market in 2011 was valued at USD 13 billion which has grown at CAGR of 9.9% during the period 2006-2011. UAE is one of the major textile markets of the world which includes fibers, fabrics, cloth, apparels, outerwear and several others.

The output of the textile market in UAE has increased from USD 778.1 million in 2007 to USD million in 2011, at a CAGR of 4.7%. In wake of favorable economic and business conditions in the country, the textile manufacturing market in UAE has been experiencing intense competition from the textile manufacturing countries in South East Asia such as China, India and Thailand.

In 2010, there were signs of recovery and the revenue increased by 6.2%. This upward shift can be attributed to demand for textile and textile articles from countries like Iran, Russia, China, India and the other GCC states.

The UAE textile industry is diverse in its products. In 2011, the knitted fabric was the most demanded textile material in UAE which accounted for around 49.7% followed by Woven fabrics with about % of the overall market demand in the country.

UAE brought in maximum of its textile and textile articles imports from China valued at USD 2,152.0 million in 2011. It has been witnessed that China and India constituted a major segment of the textile and textile articles imports in the UAE since the cost of manufacturing apparel and other such articles is very low-priced in these countries due to the availability of low cost labor and low input costs.

Iran was the biggest recipient of UAE’s textile and textile articles and re-exports at USD 922.9 million, of which Man-Made Filaments again had the highest share of 59.2%.

Among the main consumer trends, online shopping has become more popular and is well received among UAE population. The current size of UAE’s online retail market was recorded at USD 227 million.

Men’s outerwear volumes grew at CAGR of 0.9% from 16,250.3 thousand units in 2006 from that in 2011. Apparel specialist retailers led the sales of men’s outerwear and continued to steadily gain share till the end of the review period, rising to % value share.

Traditional retailers like baby care specialists struggled to compete with leading brands in children’s wear because of strong branding and their presence in shopping mall locations. Hosiery sales were hit by a % decline in 2010 but recovered by % in 2011. The Nightwear segment greatly supported by the women’s category grew by % in volume terms

Must ReadView All

L-R Manish Singhai, COO, Peter England; Vinai Kumar Saxena, chairman, KVIC; Ashish Dikshit, business head, ABFRL and Anshu Sinha, CEO, KVIC while signing agreement. Courtesy: ABFRL

Textiles | On 24th May 2017

Aditya Birla & KVIC enter into a strategic partnership

Aditya Birla Fashion and Retail Ltd (ABFRL) and Khadi and Village...

Courtesy: Jabong

Apparel/Garments | On 24th May 2017

Jabong Mood Store redefines online shopping in India

Jabong, India's leading online fashion retailer, has launched the...

Apparel/Garments | On 24th May 2017

G-III Apparel enters into license agreement with PVH

G-III Apparel Group has entered into a multi-year license agreement...

Interviews View All

Angelina Francesca Cheang
MY ANJE

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

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Eamonn Tighe
Nature Works LLC

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search