Egypt Textiles Market By Type (Yarn & Fiber, Processed Fabrics & Apparel), By Raw Material (Cotton, PSF, PFY, NFY, VSF, VFY, PPMFY, Others), By Product (Natural Fibers, Polyesters, Nylon, Rayon, Others), By Process (Woven, Non-woven), By Application (Household (Bedding, Kitchen, Upholstery, Towel, Others), Technical (Construction, Transportation, Medical, Protective, Others), Fashion & Clothing (A
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationEgypt Textiles Market By Type (Yarn & Fiber, Processed Fabrics & Apparel), By Raw Material (Cotton, PSF, PFY, NFY, VSF, VFY, PPMFY, Others), By Product (Natural Fibers, Polyesters, Nylon, Rayon, Others), By Process (Woven, Non-woven), By Application (Household (Bedding, Kitchen, Upholstery, Towel, Others), Technical (Construction, Transportation, Medical, Protective, Others), Fashion & Clothing (A
As per government reports, textile market contributes 30 percent of industrial production in Egypt and 10 percent of total exports.
The textile market in Egypt is an important sector of the economy, with a long history of textile production dating back to ancient times. At present the textile industry in Egypt is a significant contributor to the country's economy, accounting for a significant portion of its exports and providing employment for millions of people. The industry is highly diversified, with a range of products including cotton fabrics, wool, silk, and synthetic textiles. Cotton is a major crop in Egypt, and the country is renowned for producing high-quality cotton fibers. The cotton industry is a key driver of the textile market in Egypt, with many textile factories located in the Nile Delta region where cotton is grown.
In recent years, the Egyptian government has implemented policies to promote the growth of the textile industry, including investment in infrastructure, technology, and education. The government has also sought to attract foreign investment in the industry through a range of incentives, including tax breaks and reduced import duties. Therefore, it is expected that the demand for the Egypt Textiles Market is expected to rise in the forecast period.
Apart from these, the textiles market in Egypt has faced some challenges in recent years, including rising production costs and increased competition from other countries. However, the industry has remained resilient, with many companies adopting new technologies and strategies to stay competitive.
Availability of Raw Materials is Driving the Egypt Textiles Market
Egypt has a long history of textile production, dating back thousands of years to the time of the pharaohs. Today, the country remains an important player in the global textile industry, thanks in large part to the availability of high-quality raw materials.
In 2022, 420,000 bales of cotton were produced in Egypt, showing a stiff increment compared to 2020 production capacity which was 215, 000 bales.
The availability of these raw materials has helped to drive the textile market in Egypt, providing a strong foundation for the country's textile industry. The production of cotton, silk, and wool supports thousands of jobs throughout the country, from farmers and shepherds to textile manufacturers and exporters. Moreover, the Egyptian government has taken several steps to support the production of raw materials for the textile industry. This includes investments in irrigation infrastructure, as well as initiatives to promote sustainable farming practices and protect the environment. The government has also sought to promote the use of alternative materials, such as synthetic fibers, which can help to reduce pressure on natural resources.
Despite these challenges, the availability of high-quality raw materials remains a key strength of the textiles market in Egypt. With a long history of textile production and a skilled workforce, the country is well-positioned to continue to produce high-quality fabrics for export to markets around the world. By investing in sustainable production practices and promoting innovation, Egypt can continue to build on this strength and maintain its position as a leading player in the global textile industry. Therefore, the easy availability of raw materials is expected to propel the demand for the Egypt Textiles Market in the forecast period.
Supportive Government Policy are Factor that Propels the Egypt Textiles Market Growth
The Egyptian textile market is a vital sector of the country's economy, contributing significantly to its exports and providing employment to millions of people. One of the key drivers of the textile industry's growth in Egypt has been the government's support through various policies and initiatives. The government of Egypt has been actively involved in promoting the textile industry through a range of measures, including financial and regulatory incentives, investment in infrastructure and technology, and support for education and training. These policies have helped to create a favorable business environment for textile manufacturers, leading to increased production, exports, and job creation.
One of the primary ways in which the government has supported the textile industry is through financial incentives. These include tax breaks, reduced import duties on raw materials, and access to subsidized credit. These incentives have helped to reduce the cost of production, making Egyptian textile products more competitive in international markets.
In March 2022, Egypt has planned to open the world’s largest textiles factory in the city of El-Mahalla to quadruple textile and garment exports by 2025.
In addition to financial and infrastructure support, the government has also prioritized education and training programs to support the development of a skilled workforce for the industry. This includes vocational training programs for workers, as well as initiatives to support research and development in textile technology.
These government's support for the textile industry has had a significant impact on the sector's growth in Egypt. Between 2010 and 2019, the textile industry's exports increased by over 60%, while employment in the industry grew by nearly 25%. It has also helped to boost the country's economy and reduce unemployment, particularly in rural areas where textile sector is a significant employer.
Technological Advancements are key factors that Drive the Egypt Textiles Market Growth
Technological advancement has been a significant driver of innovation and growth in the textile industry, including in Egypt. New technologies have enabled textile manufacturers to produce higher quality fabrics more efficiently, while also reducing costs and improving sustainability.
The adoption of digital technologies in textile manufacturing has been the most significant advancements in recent years.. Digital technologies, such as automation, robotics, and artificial intelligence, have revolutionized the way textiles are produced, enabling manufacturers to improve efficiency and productivity, while also reducing waste and costs.
In Egypt, textile manufacturers have been investing in advanced technologies to enhance their manufacturing capabilities. For example, some companies have adopted computerized weaving machines that can produce complex patterns with high precision. Others have invested in 3D printing technology to create customized textile products, such as footwear and clothing.
Additionally, there has been a growing focus on sustainability in the textile industry, driven in part by advances in technology. New technologies, such as waterless dyeing, have enabled manufacturers to reduce their environmental footprint by reducing water usage and chemical waste. In Egypt, some textile companies have adopted sustainable technologies, such as solar-powered production lines and recycled materials.
Furthermore, the adoption of e-commerce and digital marketing has also had a significant impact on the growth of Egypt Textiles Market. With the growth of online shopping, textile manufacturers in Egypt have been leveraging digital marketing strategies to reach new customers and expand their market share. Some companies have launched e-commerce platforms to sell their products online, while others have partnered with leading online retailers to reach a broader customer base.
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Market Segmentation
Egypt Textiles Market
Company Profiles
Oriental Weavers Co., Cotton & Textile Industries Holding Co., Lotus Garments Co., Giza spinning and weaving S.A.E., AlHesn Textiles, Kazareen Textile Company, MAC Carpet Egypt, HESNI Textile, El Nasr Clothing and Textiles (Kabo), and Misr Spinning and Weaving
|
Attribute |
Details |
|
Base Year |
2022 |
|
Historic Data |
2018 – 2021 |
|
Estimated Year |
2023 |
|
Forecast Period |
2024 – 2028 |
|
Quantitative Units |
Revenue in USD Million, Volume in Metric Tonnes, and
CAGR for 2018-2022 and 2023-2028 |
|
Report coverage |
Revenue forecast,
volume forecast, company share, competitive landscape, growth factors, and
trends |
|
Segments covered |
Type Raw Material Product Process Application |
|
Regional scope |
Cairo, Alexandria,
Giza, Qalyubia, Port Said, Suez, and Rest of Egypt |
|
Key companies profiled |
Oriental
Weavers Co., Cotton & Textile Industries Holding Co., Lotus Garments Co.,
Giza spinning and weaving S.A.E., AlHesn Textiles, Kazareen Textile Company,
MAC Carpet Egypt, HESNI Textile, El Nasr Clothing and Textiles (Kabo), and
Misr Spinning and Weaving |
|
Customization scope |
10% free report customization with purchase.
Addition or alteration to country, regional & segment scope. |
|
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options |
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|
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PDF
and Excel through Email (We can also provide the editable version of the
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