The Indonesian textile and garment industry is an important contributor to the country's economy, providing a large source of jobs and export earnings. Indonesia is one of the largest textiles and apparel producers in the region. It has a long tradition of producing and exporting ready-made garment and home-fashion textiles.
The report includes the market trends and outlook for the textile and garment industry in Indonesia, including export and import of textile and garment products, machinery restructuring, as well as investment in the industry. The textile, leather products and footwear sectors combined were the fourth largest contributor to the manufacturing industry with a market share of 9.81% for the quarter ending December 2012.
The report also encompasses the profile of leading players in the industry as well as their financial highlights and SWOT analysis. Among the key players are PT Eratex Djaja Tbk, PT Ever Shine Tex Tbk and PT Pan Brothers Tbk. Pan Brothers is one of the largest textile and garment companies in Indonesia with sales of nearly IDR 2 trillion for the first nine months of 2012.
Key Points:
• The textile, leather products and footwear sectors combined were the fourth largest contributor to the manufacturing industry with a market share of 9.81% for the quarter ending December 2012.
• The export value of textile yarns, fabrics, and made-up articles reached USD 4.55bn in 2012, down 5.02% from USD 4.79bn a year ago.
• Imports of clothing registered a staggering growth of 47.88% year-on-year in 2012. The figures in 2012 were more than doubled the USD268.88mn recorded in 2009.
• Textile companies across North Asia, especially from South Korea, Taiwan and China, have been making significant investments in Indonesia with the aim of exporting to their home country. These foreign entrants are anticipated to boost total investment in the textile industry to about IDR 6tn (USD 702mn), according to Ade Sudrajat, Chairman of the Indonesian Textile Association.
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