Market Forecast By Sources (Chemical, Animal, Plant, Others), By Applications (Home Textile, Apparel, Industrial), By Artificial Subtype (Viscose, Polyester, Acrylic, Nylon), By Type (Artificial, Natural Type) And Competitive Landscape
Product Code: ETC038709 | 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 Yarn market currently, in 2023, has witnessed an HHI of 9937, Which has increased moderately as compared to the HHI of 3261 in 2017. The market is moving towards Highly concentrated. 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.
Report Name | Indonesia Textile Yarn Market |
Forecast period | 2024-2030 |
CAGR | 6.10% |
Growing Sector | Apparel |
Indonesia Textile Yarn Market report thoroughly covers the market By Sources, By Applications, By Artificial Subtype, and By Type. The Indonesia Textile Yarn Market outlook report provides an unbiased and detailed analysis of the ongoing Indonesia Textile Yarn Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
Indonesia Textile Yarn Market embodies a dynamic segment of the country's economy, driven by rich cultural heritage and a burgeoning manufacturing sector. Amid global competition, Indonesia has carved out a niche for itself, especially in the production of synthetic and natural fibers. This market is pivotal for domestic consumption and plays a vital role in Indonesia's export economy, with significant shipments to the United States, the European Union, and other Asian markets.
According to 6Wresearch Indonesia Textile Yarn Market size is projected to rise at a CAGR of 6.10% during 2024-2030. The market is experiencing significant growth, driven by a burgeoning textile industry, and increasing global demand for high-quality fabrics. One key driver of this growth is the increasing use of technology in yarn manufacturing. With the development of advanced spinning techniques, such as ring-spinning, open-end spinning, and air-jet spinning, manufacturers can produce high-quality yarns at a faster rate and with greater efficiency. This has not only improved the overall quality of Indonesia textile yarns but also increased their competitiveness in the global market. However, the industry faces challenges such as competition from other low-cost manufacturing countries, fluctuating raw material prices, and the need for continuous innovation. Despite these challenges, emerging opportunities such as the rising trend of athleisure wear, the increasing adoption of non-woven fabrics in healthcare, and Indonesia's strategic position as a textile supplier to major markets, position the Indonesia textile yarn industry for substantial growth in the coming years.
The Indonesia Textile Yarn Industry is characterized by a competitive landscape with several key players contributing to its growth. Prominent companies include PT Indo-Rama Synthetics Tbk, PT Pan Brothers Tbk, and PT Asia Pacific Fibers Tbk. These industry giants leverage advanced manufacturing processes, sustainability practices, and innovation to maintain their market dominance.
The government plays a critical role in shaping the Indonesia Textile Yarn Market Growth through various regulations and policies. To support the sector's growth and sustainability, policies focus on promoting domestic manufacturing, improving export competitiveness, and encouraging the adoption of environmentally friendly technologies. Additionally, the government implements tariffs and trade restrictions to protect local manufacturers from foreign competition while fostering an environment conducive to investment and technological advancement. These efforts have helped the industry maintain steady growth and attract foreign investments. The Indonesia textile yarn market is witnessing several trends that are likely to shape its future dynamics.
The future of Indonesia Textile Yarn Market looks promising, influenced by a growing emphasis on sustainable and eco-friendly production methods. Innovations in biodegradable and recycled yarns are expected to drive market growth, responding to the increasing global demand for sustainable textile products. Additionally, the industry is poised to benefit from expanding trade agreements and digital transformation strategies that streamline supply chain operations and open new avenues for market expansion. With a focus on sustainability, innovation, and global market integration, the Indonesian textile yarn industry is set to achieve significant growth in the coming years.ย
According to Ravi Bhandari, Research Head, 6Wresearch, the Apparel segment is currently experiencing the most robust growth and will dominate the Indonesia Textile Yarn Market Share in the coming years. This surge is attributed to the increasing global fashion industry's demand for more sustainable and diverse textile options.
The Natural segment is experiencing growth, reflecting a growing consumer preference for eco-friendly and sustainable products. This trend is driven by heightened environmental awareness and a global push towards sustainability in the fashion and textile industry.
The report offers a comprehensive study of the subsequent market segments:
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 Yarn Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Textile Yarn Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Textile Yarn Market - Industry Life Cycle |
3.4 Indonesia Textile Yarn Market - Porter's Five Forces |
3.5 Indonesia Textile Yarn Market Revenues & Volume Share, By Sources, 2020 & 2030F |
3.6 Indonesia Textile Yarn Market Revenues & Volume Share, By Applications, 2020 & 2030F |
3.7 Indonesia Textile Yarn Market Revenues & Volume Share, By Artificial Subtype, 2020 & 2030F |
3.8 Indonesia Textile Yarn Market Revenues & Volume Share, By Type, 2020 & 2030F |
4 Indonesia Textile Yarn Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Textile Yarn Market Trends |
6 Indonesia Textile Yarn Market, By Types |
6.1 Indonesia Textile Yarn Market, By Sources |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Textile Yarn Market Revenues & Volume, By Sources, 2020-2030F |
6.1.3 Indonesia Textile Yarn Market Revenues & Volume, By Chemical, 2020-2030F |
6.1.4 Indonesia Textile Yarn Market Revenues & Volume, By Animal, 2020-2030F |
6.1.5 Indonesia Textile Yarn Market Revenues & Volume, By Plant, 2020-2030F |
6.1.6 Indonesia Textile Yarn Market Revenues & Volume, By Others, 2020-2030F |
6.2 Indonesia Textile Yarn Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Textile Yarn Market Revenues & Volume, By Home Textile, 2020-2030F |
6.2.3 Indonesia Textile Yarn Market Revenues & Volume, By Apparel, 2020-2030F |
6.2.4 Indonesia Textile Yarn Market Revenues & Volume, By Industrial, 2020-2030F |
6.3 Indonesia Textile Yarn Market, By Artificial Subtype |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Textile Yarn Market Revenues & Volume, By Viscose, 2020-2030F |
6.3.3 Indonesia Textile Yarn Market Revenues & Volume, By Polyester, 2020-2030F |
6.3.4 Indonesia Textile Yarn Market Revenues & Volume, By Acrylic, 2020-2030F |
6.3.5 Indonesia Textile Yarn Market Revenues & Volume, By Nylon, 2020-2030F |
6.4 Indonesia Textile Yarn Market, By Type |
6.4.1 Overview and Analysis |
6.4.2 Indonesia Textile Yarn Market Revenues & Volume, By Artificial, 2020-2030F |
6.4.3 Indonesia Textile Yarn Market Revenues & Volume, By Natural Type, 2020-2030F |
7 Indonesia Textile Yarn Market Import-Export Trade Statistics |
7.1 Indonesia Textile Yarn Market Export to Major Countries |
7.2 Indonesia Textile Yarn Market Imports from Major Countries |
8 Indonesia Textile Yarn Market Key Performance Indicators |
9 Indonesia Textile Yarn Market - Opportunity Assessment |
9.1 Indonesia Textile Yarn Market Opportunity Assessment, By Sources, 2020 & 2030F |
9.2 Indonesia Textile Yarn Market Opportunity Assessment, By Applications, 2020 & 2030F |
9.3 Indonesia Textile Yarn Market Opportunity Assessment, By Artificial Subtype, 2020 & 2030F |
9.4 Indonesia Textile Yarn Market Opportunity Assessment, By Type, 2020 & 2030F |
10 Indonesia Textile Yarn Market - Competitive Landscape |
10.1 Indonesia Textile Yarn Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Textile Yarn Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |