
Prospects For The Textile And Clothing Industry In Indonesia, 2024
Description
Prospects For The Textile And Clothing Industry In Indonesia, 2024
The textile and clothing industry in Indonesia fulfils a vital role in the country's economy. It is Indonesia's largest source of manufacturing employment, and in 2023 textile and clothing exports from Indonesia represented 4.5% of the country’s overall exports during the year. The industry is involved in almost every sector of the textile supply chain, including man-made fibre production, yarn production, weaving, knitting, dyeing, printing, finishing, clothing production, and the manufacture of other finished textile products. Indonesia has a very large population which constitutes a huge and growing domestic market and provides a firm foundation for the textile and clothing industry in Indonesia. Furthermore, the domestic market has been expanding significantly in recent years as prosperity has risen and wealth has spread, and it seems set for further growth. However, these developments have made the domestic market an attractive target for foreign suppliers. Imports are rising strongly and the domestic market has been well supplied by cheap imports from China. Also, illegal imports appear to be a significant and growing problem. Looking ahead, there are ambitious plans for further expansion of the textile and clothing industry in Indonesia and, in order to achieve such expansion, the government has increased its support for the industry through a number of initiatives.
The textile and clothing industry in Indonesia fulfils a vital role in the country's economy. It is Indonesia's largest source of manufacturing employment, and in 2023 textile and clothing exports from Indonesia represented 4.5% of the country’s overall exports during the year. The industry is involved in almost every sector of the textile supply chain, including man-made fibre production, yarn production, weaving, knitting, dyeing, printing, finishing, clothing production, and the manufacture of other finished textile products. Indonesia has a very large population which constitutes a huge and growing domestic market and provides a firm foundation for the textile and clothing industry in Indonesia. Furthermore, the domestic market has been expanding significantly in recent years as prosperity has risen and wealth has spread, and it seems set for further growth. However, these developments have made the domestic market an attractive target for foreign suppliers. Imports are rising strongly and the domestic market has been well supplied by cheap imports from China. Also, illegal imports appear to be a significant and growing problem. Looking ahead, there are ambitious plans for further expansion of the textile and clothing industry in Indonesia and, in order to achieve such expansion, the government has increased its support for the industry through a number of initiatives.
Table of Contents
49 Pages
- SUMMARY
- IMPORTANCE OF THE TEXTILE AND CLOTHING INDUSTRY TO THE ECONOMY OF INDONESIA
- DEVELOPMENT OF THE TEXTILE AND CLOTHING INDUSTRY IN INDONESIA
- GEOGRAPHICAL PROFILE
- POLITICAL PROFILE
- ECONOMIC PROFILE
- ROAD TRANSPORT
- RAILWAYS
- AIRPORTS
- SEAPORTS
- TELECOMMUNICATIONS
- Indonesia: no of employees in the textile and clothing industries, by size of company, 2021
- Indonesia: no of companies in the textile and clothing industry by sector, 2021
- INVESTMENT IN MACHINERY
- TEXTILE AND CLOTHING PRODUCTION
- YARNS
- WOVEN FABRICS
- KNITTED FABRICS
- Indonesia: textile and clothing exports by type, 2017-23 (US$ mn)
- Indonesia: textile and clothing exports by HS Chapter, 2017-23 (US$ mn)
- TEXTILE AND CLOTHING EXPORTS BY DESTINATION MARKET
- Indonesia: textile and clothing imports by type, 2017-23 (US$ mn)
- Indonesia: textile and clothing imports by HS Chapter, 2017-23 (US$ mn)
- TEXTILE AND CLOTHING IMPORTS BY LEADING SUPPLIERS
- FOREIGN INVESTMENT
- GOVERNMENT POLICIES
- TRADE POLICIES
- INVESTMENT INCENTIVES
- STRENGTHS
- WEAKNESSES
- OPPORTUNITIES
- THREATS
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.