Market Forecast By Machine Types (Spinning Machine, Weaving Machine, Knitting Machine, Texturing Machine), By Applications (Textile Industry, Clothing Industry), By Raw Material Types (Wool, Cotton, Cellulosic, Polypropylene, Acrylic, Others) And Competitive Landscape
Product Code: ETC004245 | Publication Date: Sep 2020 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Saudi Arabia Apparel & Textile Machinery Market |
Forecast period | 2025-2031 |
CAGR | 5.5% |
Growing Sector | Textile Industries |
Saudi Arabia Apparel & Textile Machinery Market report thoroughly covers the market by Machine Types, by Applications, By Raw Material Types. 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.
Saudi Arabia Apparel & Textile Machinery Market has been Flourishing and is predicted to rise more at a significant growth rate during the forecast period 2025 to 2031. There are several factors contributing to the market growth such as increasing investments in the textile industry, growing demand for clothing and textiles, and government initiatives to promote the sector.
According to 6Wresearch, Saudi Arabia Apparel & Textile Machinery Market size is expected to grow at a significant CAGR of 5.5% during 2025-2031. One of the major drivers for the growth of the apparel and textile machinery market in Saudi Arabia is the rising demand for clothing and textiles. The country's population is constantly growing, which leads to an increase in consumer spending on clothing. Additionally, Saudi Arabia has a young population that is fashion-conscious and willing to try new trends, further driving the demand for apparel and textile products.
The market is also dealing with a number of challenges that are hampering its growth. One major challenge confronted by the market is the high cost of importing machinery due to customs duties and taxes. This can be a barrier for small and medium-sized companies looking to enter the market or upgrade their existing machinery.
Some of the key players operating in the Saudi Arabian apparel and textile machinery market include names like Brother Industries Ltd., Durkopp Adler AG, Juki Corporation, Mitsubishi Electric Corporation, Pegasus Sewing Machine Pte Ltd., Tajima Group, among others. These companies are constantly innovating and introducing new technologies to cater to the growing demand in the market.
One of the main regulations governing the apparel and textile sector is the Industrial Licensing System (ILS). This system requires all businesses operating in this industry to obtain an industrial license from the Ministry of Commerce and Investment (MCI). The license is needed for manufacturing, importing, exporting, or selling any products related to textiles or apparel. Another important regulation is the Saudization policy, which aims to increase employment opportunities for Saudi nationals. This policy requires businesses to have a certain percentage of Saudi employees in their workforce, with specific targets set for different industries. In the apparel and textile sector.
with a growing young population and increasing investments in the textile industry, the market is expected to witness significant growth during the forecast period. Furthermore, with advancements in technology and automation, there will be a constant demand for modern and efficient machinery to meet the evolving needs of the industry.
In order to further boost the growth of the Saudi Arabian apparel and textile machinery market presents lucrative opportunities for both domestic and international players. So, it's important for businesses to stay updated on market trends and invest strategically to stay competitive in this growing industry. With the right tools and strategies, companies can tap into the potential of this market and achieve success.
According to Dhaval, Research Manager, 6Wresearch, one machine type that is currently experiencing a high demand in Saudi Arabia's apparel and textile industry is the weaving machine. This type of machine is used for producing woven fabrics, which are essential materials for clothing, home textiles, and industrial textiles.
The textile industry in Saudi Arabia has experienced significant growth in demand for apparel and textile machinery. This is due to the increasing production of fabrics, yarns, and other textile products in the country.
One material type in the Saudi Arabia apparel and textile machinery market that is experiencing a growing demand is cotton. Cotton is known for its softness, breathability, and durability, making it a popular choice for clothing and other textile products. With the increasing focus on sustainable and eco-friendly materials, the demand for organic cotton has also been on the rise.
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. Saudi Arabia Apparel & Textile Machinery Market Overview |
3.1. Saudi Arabia Country Macro Economic Indicators |
3.2. Saudi Arabia Apparel & Textile Machinery Market Revenues & Volume, 2021 & 2031F |
3.3. Saudi Arabia Apparel & Textile Machinery Market - Industry Life Cycle |
3.4. Saudi Arabia Apparel & Textile Machinery Market - Porter's Five Forces |
3.5. Saudi Arabia Apparel & Textile Machinery Market Revenues & Volume Share, By Machine Types, 2021 & 2031F |
3.6. Saudi Arabia Apparel & Textile Machinery Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.7. Saudi Arabia Apparel & Textile Machinery Market Revenues & Volume Share, By Raw Material Types, 2021 & 2031F |
4. Saudi Arabia Apparel & Textile Machinery Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Saudi Arabia Apparel & Textile Machinery Market Trends |
6. Saudi Arabia Apparel & Textile Machinery Market, By Types |
6.1. Saudi Arabia Apparel & Textile Machinery Market, By Machine Types |
6.1.1 Overview and Analysis |
6.1.2. Saudi Arabia Apparel & Textile Machinery Market Revenues & Volume, By Machine Types, 2021 - 2031F |
6.1.3. Saudi Arabia Apparel & Textile Machinery Market Revenues & Volume, By Spinning Machine, 2021 - 2031F |
6.1.4. Saudi Arabia Apparel & Textile Machinery Market Revenues & Volume, By Weaving Machine, 2021 - 2031F |
6.1.5. Saudi Arabia Apparel & Textile Machinery Market Revenues & Volume, By Knitting Machine, 2021 - 2031F |
6.1.6. Saudi Arabia Apparel & Textile Machinery Market Revenues & Volume, By Texturing Machine , 2021 - 2031F |
6.2. Saudi Arabia Apparel & Textile Machinery Market, By Applications |
6.2.1. Overview and Analysis |
6.2.2. Saudi Arabia Apparel & Textile Machinery Market Revenues & Volume, By Textile Industry, 2021 - 2031F |
6.2.3. Saudi Arabia Apparel & Textile Machinery Market Revenues & Volume, By Clothing Industry, 2021 - 2031F |
6.3. Saudi Arabia Apparel & Textile Machinery Market, By Raw Material Types |
6.3.1. Overview and Analysis |
6.3.2. Saudi Arabia Apparel & Textile Machinery Market Revenues & Volume, By Wool, 2021 - 2031F |
6.3.3 Saudi Arabia Apparel & Textile Machinery Market Revenues & Volume, By Cotton, 2021 - 2031F |
6.3.4. Saudi Arabia Apparel & Textile Machinery Market Revenues & Volume, By Cellulosic, 2021 - 2031F |
6.3.5. Saudi Arabia Apparel & Textile Machinery Market Revenues & Volume, By Polypropylene, 2021 - 2031F |
6.3.6. Saudi Arabia Apparel & Textile Machinery Market Revenues & Volume, By Acrylic, 2021 - 2031F |
6.3.7. Saudi Arabia Apparel & Textile Machinery Market Revenues & Volume, By Others, 2021 - 2031F |
7. Saudi Arabia Apparel & Textile Machinery Market Import-Export Trade Statistics |
7.1. Saudi Arabia Apparel & Textile Machinery Market Export to Major Countries |
7.2. Saudi Arabia Apparel & Textile Machinery Market Imports from Major Countries |
8. Saudi Arabia Apparel & Textile Machinery Market Key Performance Indicators |
9. Saudi Arabia Apparel & Textile Machinery Market - Opportunity Assessment |
9.1. Saudi Arabia Apparel & Textile Machinery Market Opportunity Assessment, By Machine Types, 2021 & 2031F |
9.2. Saudi Arabia Apparel & Textile Machinery Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.3. Saudi Arabia Apparel & Textile Machinery Market Opportunity Assessment, By Raw Material Types, 2021 & 2031F |
10. Saudi Arabia Apparel & Textile Machinery Market - Competitive Landscape |
10.1. Saudi Arabia Apparel & Textile Machinery Market Revenue Share, By Companies, 2024 |
10.2. Saudi Arabia Apparel & Textile Machinery Market Competitive Benchmarking, By Operating and Technical Parameters |
11. Company Profiles |
12. Recommendations |
13. Disclaimer |