Market Forecast By Raw Material Types (Cotton, Chemical, Wool, Silk, Others), By Product Types (Natural Fibers, Polyesters, Nylon, Others), By Applications (Household, Technical, Fashion & Clothing, Others) And Competitive Landscape
Product Code: ETC037747 | Publication Date: Jun 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Malaysia Textile Market |
Forecast period | 2025-2031 |
CAGR | 6.4% |
Growing Sector | Fashion & clothing |
Malaysia Textile Market report thoroughly covers the market ByRaw material types, By ProductType, and by Application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Malaysia Textile Market is expanding, driven by increased demand for both domestic consumption and exports. The industry benefits from a growing fashion sector, coupled with technological advancements in textile manufacturing. With Malaysia's strategic position as a key player in the ASEAN region, its textile market is experiencing an influx of foreign investments. Challenges such as competition from other Asian markets and the need for sustainable practices remain, yet the sector shows strong growth potential.
According to 6Wresearch, the Malaysia Textile Market is projected to grow at CAGR of 6.4% during the forecast period 2025-2031. Several key drivers are contributing to this growth. Firstly, the increasing demand for textile products across both domestic and international markets, particularly in the fashion and apparel sectors, is a significant growth factor. Technological advancements in textile manufacturing, such as automation and eco-friendly processes, are improving efficiency and supporting sustainability, which is becoming a key focus for both manufacturers and consumers. Moreover, Malaysia’s strategic position in the ASEAN region, along with favorable trade agreements, enhances its export potential, further stimulating Malaysia Textile Market Growth.
However, the market faces some challenges. Intense competition from other Asian textile manufacturing hubs, such as China, India, and Vietnam, poses a threat to Malaysia's market share. Additionally, the rising costs of raw materials and fluctuating global textile prices can affect profitability. Another major challenge is the growing demand for sustainable and ethical production practices, which require significant investments in technology and infrastructure to meet global standards. Despite these obstacles, the Malaysia Textile Market is projected to maintain steady growth, driven by continuous innovations, increasing domestic consumption, and expanding export opportunities.
Malaysia Textile Market is witnessing several notable trends that are driving its growth. The demand for sustainable and eco-friendly textiles is rising, with both consumers and manufacturers focusing on environmental impact. Innovations in fabric technologies, including the development of smart textiles, are gaining traction, offering enhanced functionality for various industries such as healthcare and fashion.The growth of e-commerce platforms is reshaping the retail landscape, with consumers increasingly purchasing textile products online, contributing to a shift in distribution channels. Additionally, the Malaysian textile industry is embracing automation and digitalization to improve production efficiency, reduce costs, and meet the growing demand for customization. The demand for high-quality, durable textiles is increasing in both the domestic and export markets, particularly in the apparel and home textiles segments. These trends are helping position Malaysia as a competitive player in the global textile market.
Malaysia Textile Industrypresents numerous investment opportunities, driven by the growing demand for high-quality textiles both domestically and internationally. With increasing consumer preference for sustainable and eco-friendly products, there is a significant opportunity for businesses to invest in green textile manufacturing technologies, such as organic fibers and low-impact dyeing processes.
Additionally, the rise of e-commerce in the retail sector offers lucrative prospects for companies to develop online platforms or partnerships to expand their reach. Investing in smart textiles, which integrate technology into fabrics, is another promising avenue, especially in sectors like healthcare, sports, and fashion. Furthermore, Malaysia's strategic location within the ASEAN region, combined with favorable trade agreements, creates a favorable environment for exporting textiles to global markets. As automation and digitalization continue to reshape the industry, there are opportunities for investment in innovative production technologies to improve efficiency and competitiveness.
Malaysia Textile Market is characterized by the presence of several leading players that contribute to its growth and innovation. Notable companies include TechEd Resources Bershad, a prominent manufacturer involved in textile production and distribution, known for its wide range of products across various sectors. KOSSAN Rubber Industries, while primarily a rubber manufacturer, also plays a key role in the textile sector with its involvement in the production of technical textiles.
Ramsay Sime Darby Health, a diversified conglomerate, is also a notable player due to its ventures into medical textiles and smart fabrics. In addition, MRCB-Quill REIT and Paragon Partners are key investors shaping the retail landscape and driving the expansion of textile-related industries. The market is also supported by regional textile manufacturers that offer competitive pricing, along with an increasing number of small to medium enterprises driving innovation and focusing on sustainability within the textile production process.
Malaysia government has implemented various regulations to support and regulate the textile industry, ensuring sustainability, compliance with international standards, and competitiveness. The Environmental Quality Act 1974 mandates industries, including textiles, to adhere to environmental protection measures, focusing on reducing waste and pollution from production processes. The government also enforces labelling and certification regulations that ensure textiles meet certain quality and safety standards for both domestic and export markets.
Additionally, Malaysia's commitment to sustainable practices is reflected in policies promoting the use of eco-friendly materials and energy-efficient technologies in textile production. To enhance global competitiveness, the government has introduced incentives, such as tax exemptions for research and development, to encourage innovation within the textile sector. The implementation of these regulations aims to balance industry growth with environmental responsibility, while also aligning with international trade agreements to boost Malaysia’s export potential in the textile market.
The future of the Malaysia Textile Market appears promising, driven by growing demand for sustainable, high-quality textiles. As consumer preferences shift toward eco-friendly and ethically produced materials, there will be an increased emphasis on sustainable manufacturing practices and the adoption of green technologies. Additionally, innovations in smart textiles, such as fabrics with integrated technologies for healthcare and sports applications, are expected to shape market growth.
The continued expansion of e-commerce platforms will further influence the retail landscape, facilitating direct consumer access to a wider range of textile products. Automation and digitalization in textile manufacturing will drive efficiency, reduce production costs, and enhance product customization. Furthermore, Malaysia's position within the ASEAN region, combined with favorable trade agreements, will boost export opportunities. With these trends, the Malaysia Textile Market is poised for sustained growth, becoming more competitive in the global market.
The Report offers a comprehensive study of the subsequent market segments and their leading categories.
The cotton segment is expected to dominate the Malaysia Textile Market Share, due to its widespread use in the production of a variety of textile products, including apparel, home textiles, and industrial fabrics.
Polyesters are expected todominatethe market due to their widespread use in the production of a variety of textile products, including apparel, home textiles, and industrial fabrics.
According to Saurabh, Senior Research Analyst, 6Wresearch,the Fashion & clothing segment is expected to dominate the market in the coming years, driven by the growing demand for diverse apparel and fashion products, both domestically and for export.
The Report offers a comprehensive study of the subsequent market segments and their leading categories.
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 Malaysia Textile Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Textile Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Textile Market - Industry Life Cycle |
3.4 Malaysia Textile Market - Porter's Five Forces |
3.5 Malaysia Textile Market Revenues & Volume Share, By Raw Material Types, 2021 & 2031F |
3.6 Malaysia Textile Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.7 Malaysia Textile Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Malaysia Textile Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Textile Market Trends |
6 Malaysia Textile Market, By Types |
6.1 Malaysia Textile Market, By Raw Material Types |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Textile Market Revenues & Volume, By Raw Material Types, 2021 - 2031F |
6.1.3 Malaysia Textile Market Revenues & Volume, By Cotton, 2021 - 2031F |
6.1.4 Malaysia Textile Market Revenues & Volume, By Chemical, 2021 - 2031F |
6.1.5 Malaysia Textile Market Revenues & Volume, By Wool, 2021 - 2031F |
6.1.6 Malaysia Textile Market Revenues & Volume, By Silk, 2021 - 2031F |
6.1.7 Malaysia Textile Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Malaysia Textile Market, By Product Types |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Textile Market Revenues & Volume, By Natural Fibers, 2021 - 2031F |
6.2.3 Malaysia Textile Market Revenues & Volume, By Polyesters, 2021 - 2031F |
6.2.4 Malaysia Textile Market Revenues & Volume, By Nylon, 2021 - 2031F |
6.2.5 Malaysia Textile Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Malaysia Textile Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Textile Market Revenues & Volume, By Household, 2021 - 2031F |
6.3.3 Malaysia Textile Market Revenues & Volume, By Technical, 2021 - 2031F |
6.3.4 Malaysia Textile Market Revenues & Volume, By Fashion & Clothing, 2021 - 2031F |
6.3.5 Malaysia Textile Market Revenues & Volume, By Others, 2021 - 2031F |
7 Malaysia Textile Market Import-Export Trade Statistics |
7.1 Malaysia Textile Market Export to Major Countries |
7.2 Malaysia Textile Market Imports from Major Countries |
8 Malaysia Textile Market Key Performance Indicators |
9 Malaysia Textile Market - Opportunity Assessment |
9.1 Malaysia Textile Market Opportunity Assessment, By Raw Material Types, 2021 & 2031F |
9.2 Malaysia Textile Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.3 Malaysia Textile Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Malaysia Textile Market - Competitive Landscape |
10.1 Malaysia Textile Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Textile Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |