Product Code: ETC098327 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia Textile Auxiliaries market currently, in 2023, has witnessed an HHI of 1644, Which has increased slightly as compared to the HHI of 1065 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Textile auxiliaries are chemicals that are used in the manufacture of textiles. They provide many benefits, such as improving fabric handle and dyeing efficiency, increasing sheen, luster, color fastness and lightfastness, and preventing shrinkage. Indonesia is one of the leading countries in textile production in Southeast Asia with a vibrant textile industry. The country?s strong presence in global markets for both export-oriented garments and domestically-made cloth has made it an attractive destination for suppliers of textiles auxiliaries.
The demand for quality fabrics necessitates high-performance materials such as dyes and finishing agents which have been driving the growth of textile auxiliaries market in Indonesia over the years. With rising incomes amongst consumers coupled with growing inclination towards branded apparel items due to changing lifestyle trends have further fueled this growth. Ease of access to new technologies via collaborations between domestic players & international organizations has also improved product performance standards thus attracting more consumers leading to an increased demand for these products. Additionally, regulatory reforms by government related to environmental protection standards will continue boosting the sale prospects of these products moving forward.
The Indonesia textile sector is expected to grow at a steady rate owing chiefly due to its strategic location across major Asian markets along with ample availability of labor resources at competitive rates that supports cost effectiveness enabling manufacturers here gain advantage from economies scale. Further, rapid urbanization accompanied by changing lifestyle patterns among citizens will create opportunities for fashion oriented apparels led by greater preference towards branded clothing thus creating robust sales demand prospects. In addition, surging consumer spending power especially on luxury brands is likely spur substantial sales growth during foreseeable future period reinforcing positive sentiment pertainingto this domain.
The impact of the COVID-19 pandemic on the Indonesia textile auxiliaries market has been significant. Demand for fabrics and other textiles decreased significantly due to widespread lockdowns, travel restrictions, and production shutdowns across Indonesia. This led to a drastic decline in sales volumes of both locally produced as well as imported textile auxiliaries products. The subsequent shortage of raw materials further exacerbated production disruptions across various industries including textiles in Indonesia.
Challenges faced by this industry include changes in consumer preferences for more eco-friendly products coupled with an increased focus on sustainability initiatives like water conservation and energy efficiency that have become more important during the pandemic period due to rising environmental awareness among consumers. Additionally, concerns about health and safety regulations have also made it difficult for manufacturers to meet global standards which has further hampered growth prospects for this sector.
Key players operating within the Indonesia textile auxiliaries market includes Sinar Mas Group (Indonesia), Asia Pacific Rayon (Indonesia), PT Aditya Birla Chemicals (IndoBras) (Indonesia), Petrokimia Gresik (PT Pupuk Kaltim) (Indonesia), Mitsubishi Chemical Corporation (Japan) amongst others that provide a range of chemical intermediates used in producing synthetic fibres such as rayon, polyester, acrylic etc., along with dyes & pigments required for dyeing these fibers according to customer specifications.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Textile Auxiliaries Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Textile Auxiliaries Market Revenues & Volume, 2020 & 2027F |
3.3 Indonesia Textile Auxiliaries Market - Industry Life Cycle |
3.4 Indonesia Textile Auxiliaries Market - Porter's Five Forces |
3.5 Indonesia Textile Auxiliaries Market Revenues & Volume Share, By Product, 2020 & 2027F |
3.6 Indonesia Textile Auxiliaries Market Revenues & Volume Share, By Applications, 2020 & 2027F |
4 Indonesia Textile Auxiliaries Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Textile Auxiliaries Market Trends |
6 Indonesia Textile Auxiliaries Market, By Types |
6.1 Indonesia Textile Auxiliaries Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Textile Auxiliaries Market Revenues & Volume, By Product, 2018 - 2027F |
6.1.3 Indonesia Textile Auxiliaries Market Revenues & Volume, By Finishing Agents, 2018 - 2027F |
6.1.4 Indonesia Textile Auxiliaries Market Revenues & Volume, By Dyeing and Printing Agents, 2018 - 2027F |
6.1.5 Indonesia Textile Auxiliaries Market Revenues & Volume, By Spin Finish, 2018 - 2027F |
6.1.6 Indonesia Textile Auxiliaries Market Revenues & Volume, By Knitting and Weaving, 2018 - 2027F |
6.1.7 Indonesia Textile Auxiliaries Market Revenues & Volume, By Other Auxiliaries, 2018 - 2027F |
6.2 Indonesia Textile Auxiliaries Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Textile Auxiliaries Market Revenues & Volume, By Automotive Textiles, 2018 - 2027F |
6.2.3 Indonesia Textile Auxiliaries Market Revenues & Volume, By Home Furnishing, 2018 - 2027F |
6.2.4 Indonesia Textile Auxiliaries Market Revenues & Volume, By Apparel, 2018 - 2027F |
6.2.5 Indonesia Textile Auxiliaries Market Revenues & Volume, By Digital Printing, 2018 - 2027F |
6.2.6 Indonesia Textile Auxiliaries Market Revenues & Volume, By Others, 2018 - 2027F |
7 Indonesia Textile Auxiliaries Market Import-Export Trade Statistics |
7.1 Indonesia Textile Auxiliaries Market Export to Major Countries |
7.2 Indonesia Textile Auxiliaries Market Imports from Major Countries |
8 Indonesia Textile Auxiliaries Market Key Performance Indicators |
9 Indonesia Textile Auxiliaries Market - Opportunity Assessment |
9.1 Indonesia Textile Auxiliaries Market Opportunity Assessment, By Product, 2020 & 2027F |
9.2 Indonesia Textile Auxiliaries Market Opportunity Assessment, By Applications, 2020 & 2027F |
10 Indonesia Textile Auxiliaries Market - Competitive Landscape |
10.1 Indonesia Textile Auxiliaries Market Revenue Share, By Companies, 2020 |
10.2 Indonesia Textile Auxiliaries Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |