Product Code: ETC073848 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Philippines embroidery industry has grown significantly over the last few years due to increased demand from domestic and international customers. The market is expected to further grow at a CAGR of 8% between 2020 - 2025, driven by the growing popularity of hand embroidered garments among millennials and Gen Z???ers across the country. Growing awareness about environment-friendly textiles, increasing preference for customised design clothing are some other key factors driving growth in this sector
However, there are certain challenges that need to be addressed which includes limited availability of skilled labor, reduced access to affordable thread supplies, high cost of production etc. Despite these challenges, several companies have established themselves as major players in this market such as Pacific Embroidery Corporation, Injapinoy Garment Co., Kwik Sew Philippines Inc., Aceplas Manufacturing Corp., Freshgear Apparel Mfg Corporation etc. These companies have implemented various strategies such as diversifying their product lines and introducing new technologies in order to remain competitive within the marketplace.
The COVID-19 pandemic has had an impact on all aspects of the economy including the Philippine embroidery industry with disruptions in supply chains leading to temporary closures or significant slowdowns amongst businesses operating within this space. However going forward it is expected that once operations resume normalcy will return given optimism around customer spending recovery post pandemic situation settles down completely
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 Philippines Embroidery Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Embroidery Market Revenues & Volume, 2020 & 2027F |
3.3 Philippines Embroidery Market - Industry Life Cycle |
3.4 Philippines Embroidery Market - Porter's Five Forces |
3.5 Philippines Embroidery Market Revenues & Volume Share, By Product Type, 2020 & 2027F |
3.6 Philippines Embroidery Market Revenues & Volume Share, By Applications, 2020 & 2027F |
4 Philippines Embroidery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Embroidery Market Trends |
6 Philippines Embroidery Market, By Types |
6.1 Philippines Embroidery Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Embroidery Market Revenues & Volume, By Product Type, 2018 - 2027F |
6.1.3 Philippines Embroidery Market Revenues & Volume, By Surface Embroidery, 2018 - 2027F |
6.1.4 Philippines Embroidery Market Revenues & Volume, By Counted Embroidery, 2018 - 2027F |
6.1.5 Philippines Embroidery Market Revenues & Volume, By Needlepoint, 2018 - 2027F |
6.2 Philippines Embroidery Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Philippines Embroidery Market Revenues & Volume, By Caps, 2018 - 2027F |
6.2.3 Philippines Embroidery Market Revenues & Volume, By Coats, 2018 - 2027F |
6.2.4 Philippines Embroidery Market Revenues & Volume, By Blankets, 2018 - 2027F |
6.2.5 Philippines Embroidery Market Revenues & Volume, By Dress Shirts, 2018 - 2027F |
6.2.6 Philippines Embroidery Market Revenues & Volume, By Denim, 2018 - 2027F |
6.2.7 Philippines Embroidery Market Revenues & Volume, By Dresses, 2018 - 2027F |
7 Philippines Embroidery Market Import-Export Trade Statistics |
7.1 Philippines Embroidery Market Export to Major Countries |
7.2 Philippines Embroidery Market Imports from Major Countries |
8 Philippines Embroidery Market Key Performance Indicators |
9 Philippines Embroidery Market - Opportunity Assessment |
9.1 Philippines Embroidery Market Opportunity Assessment, By Product Type, 2020 & 2027F |
9.2 Philippines Embroidery Market Opportunity Assessment, By Applications, 2020 & 2027F |
10 Philippines Embroidery Market - Competitive Landscape |
10.1 Philippines Embroidery Market Revenue Share, By Companies, 2020 |
10.2 Philippines Embroidery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |