Malaysia Textile Manufacturing Market Growth, Size, Trends, Revenue, Demand and Future Scope
Malaysia Textile Manufacturing Market Size- By Process Type, By Textile Type, By Equipment and Machinery- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Aug-2023 | Report ID: COAM2327 | Pages: 1 - 103 | Formats*: |
| Category : Construction & Manufacturing | |||
Malaysia Textile Manufacturing Market Introduction and Overview
According to SPER Market Research, the Malaysia Textile Manufacturing Market is estimated to reach USD XX billion by 2033 with a CAGR of 4.81%.
The report includes an in-depth analysis of the Malaysia Textile Manufacturing Market, including market size and trends, product mix, Textile Types, and supplier analysis. Textiles comprise fundamental materials made from interwoven fibers, often used in conjunction with techniques like sewing to craft garments and various products. Key textile categories encompass other textile product manufacturing, fabrics, yarn, fibers and threads, home furnishings and floor coverings, textile and fabric finishing, and fabric coating mills. Household furniture encompasses movable items for home furnishing, such as chairs, tables, sofas, and mattresses. These textiles incorporate materials like cotton, jute, silk, synthetics, and wool, utilizing processes including weaving and non-weaving methods.
- March 2022: Toray Industries, Inc. introduced Toyoflon, a low-friction polytetrafluoroethylene (PTFE) suitable for high-strength textiles. Toray's research shows it has 25 times better durability and over 50% reduced friction compared to current counterparts, making it more appealing for various applications.
- February 2022: Esquel Group and Everbright Environment have entered into a strategic collaboration, combining Esquel's extensive experience in manufacturing, energy, and wastewater management with Everbright Environment's waste-to-energy technology. This partnership aims to promote sustainable manufacturing in renewable energy and industrial wastewater treatment sectors.
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Market Opportunities and Challenges
The opportunities for growth in the textile industry in Malaysia is largely attributed to the concentration of numerous textile manufacturing facilities in the region. Malaysia's industrial master plan has played a pivotal role in improving product quality, maintaining affordable pricing, and expanding export-focused marketing efforts. Consequently, the textile sector is making a substantial contribution to the country's economic growth. Prominent textile manufacturers in Malaysia provide consumers with a wide range of textile products at competitive prices. These factors are having a positive influence on the market, which is expected to fuel its growth in the forecast period.
The major challenge in the market stems from the volatile crude oil prices, impacting both natural and synthetic textiles. Synthetic textiles, produced from petroleum-derived polymers, are particularly affected as polymer prices are closely tied to oil prices. The continuous fluctuations in crude oil prices over the past decade have compelled vendors to implement cost-cutting measures, affecting the global textile manufacturing market's performance and hindering the clothing industry's growth in the forecast period.
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Market Competitive Landscape
The textile manufacturing market in Malaysia exhibits significant fragmentation, hosting numerous local and global participants. The Malaysian government's heightened emphasis on textile exports presents an advantageous prospect for all industry stakeholders to expand their operations. To foster new businesses, the government has streamlined regulations and initiation procedures, resulting in low entry barriers to the market. Prominent industry players are Asia Brands Berhad, D&Y Textile (Malaysia) Sdn Bhd, Esquel Malaysia Sdn. Berhad, Kamunting Spinning Industries Sdn Bhd, KIB Textiles Bhd, Kima Sdn Bhd, Manwira Manufacturing Sdn Bhd, Penfabric Sdn. Berhad, Ramatex Textiles Industrial Sdn Bhd, San Miguel Yamamura Woven Products Sdn Bhd, Vicmark Fashion Sdn Bhd, Others.
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 Process Type, By Textile Type, By Equipment and Machinery |
| Regions covered | East Malaysia, Peninsular Malaysia, West Malaysia |
| Companies Covered | Asia Brands Berhad, D&Y Textile (Malaysia) Sdn Bhd, Esquel Malaysia Sdn. Berhad, Kamunting Spinning Industries Sdn Bhd, KIB Textiles Bhd, Kima Sdn Bhd, Manwira Manufacturing Sdn Bhd, Penfabric Sdn. Berhad, Ramatex Textiles Industrial Sdn Bhd, San Miguel Yamamura Woven Products Sdn Bhd, Vicmark Fashion Sdn Bhd, Others |
COVID-19 Impact on Malaysia Textile Manufacturing Market
The textile manufacturing market faced setbacks during 2020 and 2021 due to the COVID-19 pandemic. Manufacturers responded by reconfiguring their sourcing and distribution networks and embracing digital solutions. These endeavours are expected to lead to industry growth in the upcoming years. Moreover, the textile sector in the region is experiencing continuous innovation, resulting in a consistent upward trajectory, except for the decline during the COVID-19 lockdown restrictions.
Key Target Audience
- Consumers
- Exporters and Importers
- Fashion Designers and Entrepreneurs
- Garment Manufacturers
- Retailers and Fashion Brands
- Textile Machinery Suppliers
- Textile Manufacturers
- Textile Raw Material Suppliers
- Others
Our in-depth analysis of the Malaysia Textile Manufacturing Market includes the following segments:
| By Process Type: |
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| By Textile Type: |
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| By Equipment and Machinery: |
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Key Topics Covered in the Report
- Malaysia Textile Manufacturing Market Size (FY’2023-FY’2033)
- Overview of Malaysia Textile Manufacturing Market
- Segmentation of Malaysia Textile Manufacturing Market By Process Type (Finishing, Knitting, Spinning, Weaving, Other Process Types)
- Segmentation of Malaysia Textile Manufacturing Market By Textile Type (Fabric, Fiber, Garments, Yarn, Other Textile Types)
- Segmentation of Malaysia Textile Manufacturing Market By Equipment and Machinery (Automated Machines, Console/Assembly Line Installations, Simple Machines)
- Statistical Snap of Malaysia Textile Manufacturing Market
- Expansion Analysis of Malaysia Textile Manufacturing Market
- Problems and Obstacles in Malaysia Textile Manufacturing Market
- Competitive Landscape in the Malaysia Textile Manufacturing Market
- Impact of COVID-19 and Demonetization on Malaysia Textile Manufacturing Market
- Details on Current Investment in Malaysia Textile Manufacturing Market
- Competitive Analysis of Malaysia Textile Manufacturing Market
- Prominent Players in the Malaysia Textile Manufacturing Market
- SWOT Analysis of Malaysia Textile Manufacturing Market
- Malaysia Textile Manufacturing Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. 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. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Malaysia Textile Manufacturing Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Malaysia Textile Manufacturing Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Malaysia Textile Manufacturing Market
7. Malaysia Textile Manufacturing Market, By Process Type (USD Million)
7.1. Malaysia Textile Manufacturing Market Value Share and Forecast, By Process Type, 2023-20337.2. Finishing7.3. Knitting7.4. Spinning7.5. Weaving7.6. Other Process Types
8. Malaysia Textile Manufacturing Market, By Textile Type (USD Million)
8.1. Malaysia Textile Manufacturing Market Value Share and Forecast, By Textile Type, 2023-20338.2. Fabric8.3. Fiber8.4. Garments8.5. Yarn8.6. Other Textile Types
9. Malaysia Textile Manufacturing Market, By Equipment and Machinery (USD Million)
9.1. Malaysia Textile Manufacturing Market Value Share and Forecast, By Equipment and Machinery, 2023-20339.2. Automated Machines9.3. Console/Assembly Line Installations9.4. Simple Machines
10. Malaysia Textile Manufacturing Market Forecast, 2019-2033 (USD Million)
10.1. Malaysia Textile Manufacturing Market Size and Market Share
11. Malaysia Textile Manufacturing Market, By Process Type, 2019-2033 (USD Million)
11.1. Malaysia Textile Manufacturing Market Size and Market Share By Process Type (2019-2026)11.2. Malaysia Textile Manufacturing Market Size and Market Share By Process Type (2027-2033)
12. Malaysia Textile Manufacturing Market, By Textile Type, 2019-2033 (USD Million)
12.1. Malaysia Textile Manufacturing Market Size and Market Share By Textile Type (2019-2026)12.2. Malaysia Textile Manufacturing Market Size and Market Share By Textile Type (2027-2033)
13. Malaysia Textile Manufacturing Market, By Equipment and Machinery, 2019-2033 (USD Million)
13.1. Malaysia Textile Manufacturing Market Size and Market Share By Equipment and Machinery (2019-2026)13.2. Malaysia Textile Manufacturing Market Size and Market Share By Equipment and Machinery (2027-2033)
14. Malaysia Textile Manufacturing Market, By Region, 2019-2033 (USD Million)
14.1. Malaysia Textile Manufacturing Market Size and Market Share By Region (2019-2026)14.2. Malaysia Textile Manufacturing Market Size and Market Share By Region (2027-2033)14.3. East Malaysia14.4. Peninsular Malaysia14.5. West Malaysia
15. Company Profile
15.1. Asia Brands Berhad
15.1.1. Company details15.1.2. Financial outlook15.1.3. Product summary15.1.4. Recent developments
15.2. D&Y Textile (Malaysia) Sdn Bhd
15.2.1. Company details15.2.2. Financial outlook15.2.3. Product summary15.2.4. Recent developments
15.3. Esquel Malaysia Sdn. Berhad
15.3.1. Company details15.3.2. Financial outlook15.3.3. Product summary15.3.4. Recent developments
15.4. Kamunting Spinning Industries Sdn Bhd
15.4.1. Company details15.4.2. Financial outlook15.4.3. Product summary15.4.4. Recent developments
15.5. KIB Textiles Bhd
15.5.1. Company details15.5.2. Financial outlook15.5.3. Product summary15.5.4. Recent developments
15.6. Kima Sdn Bhd
15.6.1. Company details15.6.2. Financial outlook15.6.3. Product summary15.6.4. Recent developments
15.7. Manwira Manufacturing Sdn Bhd
15.7.1. Company details15.7.2. Financial outlook15.7.3. Product summary15.7.4. Recent developments
15.8. Penfabric Sdn. Berhad
15.8.1. Company details15.8.2. Financial outlook15.8.3. Product summary15.8.4. Recent developments
15.9. Ramatex Textiles Industrial Sdn Bhd
15.9.1. Company details15.9.2. Financial outlook15.9.3. Product summary15.9.4. Recent developments
15.10. San Miguel Yamamura Woven Products Sdn Bhd
15.10.1. Company details15.10.2. Financial outlook15.10.3. Product summary15.10.4. Recent developments
15.11. Vicmark Fashion Sdn Bhd
15.11.1. Company details15.11.2. Financial outlook15.11.3. Product summary15.11.4. Recent developments
15.12. 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.
Frequently Asked Questions About This Report
Malaysia Textile Manufacturing Market is projected to reach USD XX billion by 2033, growing at a CAGR of 4.81% during the forecast period.
Malaysia Textile Manufacturing Market grew in market size from 2022. The Market is expected to reach USD XX billion by 2033, at a CAGR of 4.81% during the forecast period.
Malaysia Textile Manufacturing Market CAGR of 4.81% during the forecast period.
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Malaysia Textile Manufacturing Market size is USD XX billion from 2023 to 2033.
Malaysia Textile Manufacturing Market Segment is covered By Process Type, By Textile Type, By Equipment and Machinery.
The Asia-Pacific is anticipated to have the highest market share in the Malaysia Textile Manufacturing Market.
The key players in the market include Companies Covered Asia Brands Berhad, D&Y Textile (Malaysia) Sdn Bhd, Esquel Malaysia Sdn. Berhad, Kamunting Spinning Industries Sdn Bhd, KIB Textiles Bhd, Kima Sdn Bhd, Manwira Manufacturing Sdn Bhd, Penfabric Sdn. Berhad, Ramatex Textiles Industrial Sdn Bhd, San Miguel Yamamura Woven Products Sdn Bhd, Vicmark Fashion Sdn Bhd, Others.
Textiles comprise fundamental materials made from interwoven fibers, often used in conjunction with techniques like sewing to craft garments and various products.
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