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

Courtesy: Bangladesh Bank

Apparel/Garments | On 22nd May 2018

Bangladesh Bank enhances EDF loan limit to $25 million

Bangladesh Bank has enhanced the loan limit under Export Development...

Sri Lanka's textile imports up 32.5% in February 2018

Textiles | On 22nd May 2018

Sri Lanka's textile imports up 32.5% in February 2018

In what might be an indication of higher exports in the coming...

Provide power at Rs 8/kWh to textile units: APTMA

Textiles | On 22nd May 2018

Provide power at Rs 8/kWh to textile units: APTMA

All Pakistan Textile Mills Association (APTMA) has asked the...

Interviews View All

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Rupa Sood and Sharan Apparao
Nayaab

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search