Indonesia Textile Manufacturing Market Introduction and Overview
According to SPER Market Research, the Indonesia Textile Manufacturing Market is estimated to reach USD XX billion by 2033 with a CAGR of 5.21%.
The report includes an in-depth analysis of the Indonesia Textile Manufacturing Market, including market size and trends, product mix, distribution channels, and supplier analysis.A textile is a flexible artificial material composed of fibers or yarn that has been woven, knitted, or pressed into felt. These vegetable fibers can be found in the leaves (sisal), the stems (flax, hemp, and jute), or the seeds (cotton). Textiles play a significant role in material culture. It could be viewed as a piece of commercial merchandise, a work of art, a cultural icon, or a technology device.
- In January 2022, the blockchain-based Toray Industries of Indonesia announced a partnership with Soramitsu Company of Japan. This collaboration's primary goal is for Toray Industries to integrate patented fabric recycling, biomass, and other sustainable technologies that can support a closed-loop economy by reusing fabrics. In order to improve traceability during product collection, reuse, and other activities, it also plans to integrate Soramitsu's blockchain technologies into its product supply chain.
- The US Trust Cotton protocol and PT Pan Brothers PTK announced their partnership in March 2021. The major goal of this partnership is for PT.Pan Brothers PTK to reassure their customers that they have approved supply chain partners for brands and retailers that are purchasing cotton that has been cultivated more sustainably.
Market Opportunities and Challenges
Singapore cards and payments sector offers a variety of opportunities and difficulties. In 2021, 57.29 percent of Indonesia's population lived in urban areas and cities. While Indonesia's rate of urbanization has historically lagged behind many other countries worldwide, it is now accelerating. The growing fashion sensitivity of urban customers is expected to accelerate the growth of Indonesia's home textile sector. Rapid industrialization and urbanization have raised the level of living for the populace and increased their disposable income.
These are some of the factors that are supposed to help the textile manufacturing sector in Indonesia increase its revenue. The population of the nation is anticipated to grow considerably more. According to reports from the Indonesian Ministry, the country's birth rate is significantly higher than its death rate, with the exception of the COVID-19 era. The primary cause of Indonesia's population growth is due to this.
However, The growth and competitiveness of Indonesia's textile manufacturing industry are greatly impacted by a complex mix of internal and external challenges. First and foremost, Indonesia has to compete with other low-cost manufacturing nations like China, Bangladesh, Vietnam, and Cambodia relentlessly. These nations' lower labor and production costs constantly threaten Indonesia's market dominance. Additionally, although still relatively lower than those of Western countries, Indonesia's rising labor expenses are having an impact on total cost-effectiveness.
Market Competitive Landscape
The manufacturing of textiles in Indonesia is a highly fragmented sector, with both domestic and foreign companies dominating the market.
In the Indonesian textile manufacturing industry, PT. Asia Pacific Fibers Tbk, Indorama Corporation (PT. Indo-Rama Synthetics TBK), PT. Sri Rejeki Isman TBK, PT. Tifico Fiber Indonesia TBK, PT. Pan Brothers TBK, and other businesses are the major players.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Textile Type, By Process Type, By Machinery Type
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| Regions covered | Eastern Region, Southern Region, Western Region, Northern Region
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| Companies Covered | Asia Pacific Fibres TBK, Indo - Rama Synthetics TBK, Sri Rejeki Isman TBK, Tifico Fiber Indonesia TBK, PT Pan Brothers TBK, PT Ever Shine Tex TBK, PT Trisula Textile Industries TBK, PT Century Textile Industry TBK (Toray Industries), PT Polychem Indonesia TBK, and PT Argo Pantes TBK. |
COVID-19 Impact on Indonesia Textile Manufacturing Market
The COVID-19 pandemic has had a significant impact on Indonesia's textile manufacturing industry, aggravating certain problems while introducing others. The epidemic initially hampered logistics and disrupted global supply chains, which had a severe negative impact on the industry's ability to produce goods. Operations were also disrupted by factory closures, social isolation policies, and labour shortages brought on by medical issues.
Furthermore, due to lockdowns in Western markets, where consumer demand fell, the epidemic exposed weaknesses in Indonesia's reliance on exports.
Key Target Audience:
- Fashion Brands and Retailers
- Apparel Manufacturers
- Home Textile Companies
- Automotive Industry
- Industrial and Technical Textiles
- Designers and Fashion Entrepreneurs
- Textile Machinery and Equipment Manufacturers
Our in-depth analysis of the Indonesia Textile Manufacturing Market includes the following segments:
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By Textile Type:
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Fabric
Fiber
Garment
Yarn
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By Process Type:
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Finishing
Knitting
Spinning
Weaving
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By Machinery Type:
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Automated Machines
CONSOLE/Assembly Line Installations
Simple Machines
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Key Topics Covered in the Report:
- Indonesia Textile Manufacturing Market Size (FY’2023-FY’2033)
- Overview of Indonesia Textile Manufacturing Market
- Segmentation of Indonesia Textile Manufacturing Market By Textile Type (Fabric, Fiber, Garment, Yarn, Others)
- Segmentation of Indonesia Textile Manufacturing Market By Process Type (Finishing, Knitting, Spinning, Weaving, Others)
- Segmentation of Indonesia Textile Manufacturing Market By Machinery Type (Automated Machines, CONSOLE/Assembly Line Installations, Simple Machines)
- Statistical Snap of Indonesia Textile Manufacturing Market
- Expansion Analysis of Indonesia Textile Manufacturing Market
- Problems and Obstacles in Indonesia Textile Manufacturing Market
- Competitive Landscape in the Indonesia Textile Manufacturing Market
- Impact of COVID-19 and Demonetization on Indonesia Textile Manufacturing Market
- Details on Current Investment in Indonesia Textile Manufacturing Market
- Competitive Analysis of Indonesia Textile Manufacturing Market
- Prominent Players in the Indonesia Textile Manufacturing Market
- SWOT Analysis of Indonesia Textile Manufacturing Market
- Indonesia Textile Manufacturing Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Indonesia Textile Manufacturing Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Indonesia Textile Manufacturing Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Indonesia Textile Manufacturing Market
7. Indonesia Textile Manufacturing Market, By Textile Type (USD Million)
7.1. Indonesia Textile Manufacturing Market Value Share and Forecast, By Textile Type, 2023-2033
7.2. Fabric
7.3. Fiber
7.4. Garment
7.5. Yarn
7.6. Others
8. Indonesia Textile Manufacturing Market , By Process Type (USD Million)
8.1. Indonesia Textile Manufacturing Market Value Share and Forecast, By Process Type, 2023-2033
8.2. Finishing
8.3. Knitting
8.4. Spinning
8.5. Weaving
8.6. Others
9. Indonesia Textile Manufacturing Market , By Machinery Type (USD Million)
9.1. Indonesia Textile Manufacturing Market Value Share and Forecast, By Machinery Type, 2023-2033
9.2. Automated Machines
9.3. CONSOLE/Assembly Line Installations
9.4. Simple Machines
10. Indonesia Textile Manufacturing Market Forecast, 2019-2033 (USD Million)
10.1. Indonesia Textile Manufacturing Market Size and Market Share
11. Indonesia Textile Manufacturing Market, By Textile Type, 2019-2033 (USD Million)
11.1. Indonesia Textile Manufacturing Market Size and Market Share By Textile Type (2019-2026)
11.2. Indonesia Textile Manufacturing Market Size and Market Share By Textile Type (2027-2033)
12. Indonesia Textile Manufacturing Market, By Process Type, 2019-2033 (USD Million)
12.1. Indonesia Textile Manufacturing Market Size and Market Share By Process Type (2019-2026)
12.2. Indonesia Textile Manufacturing Market Size and Market Share By Process Type (2027-2033)
13. Indonesia Textile Manufacturing Market, By Machinery Type, 2019-2033 (USD Million)
13.1. Indonesia Textile Manufacturing Market Size and Market Share By Machinery Type (2019-2026)
13.2. Indonesia Textile Manufacturing Market Size and Market Share By Machinery Type (2027-2033)
14. Indonesia Textile Manufacturing Market, By Region, 2019-2033 (USD Million)
14.1. Indonesia Textile Manufacturing Market Size and Market Share By Region (2019-2026)
14.2. Indonesia Textile Manufacturing Market Size and Market Share By Region (2027-2033)
14.3. Eastern Region
14.4. Southern Region
14.5. Western Region
14.6. Norther Region
15. Company Profile
15.1. Asia Pacific Fibres TBK
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. Indo - Rama Synthetics TBK
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. Sri Rejeki Isman TBK
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. Tifico Fiber Indonesia TBK
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. PT Pan Brothers TBK
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. PT Ever Shine Tex TBK
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. PT Trisula Textile Industries TBK
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. PT Century Textile Industry TBK (Toray Industries)
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9. PT Polychem Indonesia TBK
15.9.1. Company details
15.9.2. Financial outlook
15.9.3. Product summary
15.9.4. Recent developments
15.10. PT Argo Pantes TBK
15.10.1. Company details
15.10.2. Financial outlook
15.10.3. Product summary
15.10.4. Recent developments
15.11. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
