Egypt Textiles Market to be Dominated by Yarn and Fiber Segment through 2028
Rising demand
for technical textiles from the
construction and medical sectors to drive the Egypt
Textiles Market in the forecast period, 2024-2028.
According to TechSci Research report, “Egypt
Textiles Market- By Region, Competition Forecast and Opportunities,
2018-2028,” Egypt Textiles Market is anticipated to grow at a
substantial rate in the forecast period. The growing demand for
technical textiles from the construction and
medical sectors has had a significant impact on the growth of the
textile market in Egypt. According to a report by the Egyptian Textile
Export Council, the technical textile market in Egypt is projected to grow by
around 12% annually over the next five years, reaching a value of USD1.5
billion by 2026. In the construction sector, technical
textiles are used in a range of construction applications, including roofing,
insulation, and reinforcement. These textiles provide superior strength and
durability compared to traditional materials, making them ideal for use in
buildings and infrastructure projects. The government's focus on infrastructure
development and urbanization led to increased demand for technical textiles in
the country, creating new opportunities for textile manufacturers and
propelling the growth of the Egypt textiles market in the upcoming years.
Furthermore, the Egypt textiles market faces
various challenges that impact its growth and sustainability. Intense
competition, a shortage of skilled workers, rising production costs,
inconsistent government policies, environmental sustainability, and supply
chain disruptions are among the most significant challenges facing the
industry. The Egypt textiles market is highly competitive, with both
domestic and international players competing for market share. Low-cost textile
imports from countries such as China and Bangladesh have made it challenging
for local manufacturers to remain competitive. In addition, the Egypt has a
well-established textile industry but there is a shortage of skilled workers in
Egypt. Many textile manufacturers struggle to find qualified workers with the
technical skills and expertise required to operate advanced machinery and
equipment. Hence, such factors are creating significant impact on the market
and impeding Egypt Textiles market growth in the forecast period.
Browse over XX market data Figures spread through XX
Pages and an in-depth TOC on the "Egypt Textiles Market.”
Egypt Textiles Market is segmented based on type, raw
materials, product, application, region and competitive landscape.
Based on the type, the market is
categorized into yarn & fiber, and processed fabrics & apparel. The
yarn & fiber segment is expected to hold the largest
market share in the forecast period owing to increasing demand for
high-performance and lightweight materials in various industries. Yarn and
fiber type textile can offer superior strength, durability, flexibility, and
resistance to heat, moisture, and chemicals. These properties make them
suitable for applications such as aerospace, automotive, medical, sports, and
protective clothing. Moreover, yarn and fiber type textile can also provide
aesthetic and functional benefits such as color, texture, pattern, and comfort.
Therefore, yarn and fiber type textile are dominating the market growth due to
their versatile and advantageous features.
Based on the product, the market is fabricated into
natural fibers, polyesters, nylon, rayon, and others. The natural fibers
segment is expected to hold the largest market share in the forecast period
owing to growing demand for eco-friendly products and sustainable development.
Natural fibers are derived from renewable sources such as plants and animals,
and they have lower carbon footprints than synthetic fibers. Natural fibers
also offer superior comfort, breathability, and durability to consumers, making
them more attractive and competitive in the global market. Furthermore, natural
fibers can be easily blended with other materials to create innovative and
diverse products that cater to different needs and preferences of customers.
Therefore, natural fibers have a strong potential to maintain their market
dominance in the textile sector in the foreseeable future.
Major companies operating in the Egypt Textiles Market
are:
- Oriental Weavers Co
- Cotton & Textile Industries Holding Co
- Lotus Garments Co.
- Giza spinning and weaving S.A.E.
- AlHesn Textiles
- Kazareen Textile Company
- MAC Carpet Egypt
- HESNI Textile
- El Nasr Clothing and Textiles (Kabo)
- Misr Spinning and Weaving
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“The government of Egypt has been supportive of the
adoption of new technologies in the textile industry. In recent years, the
government has introduced various initiatives and incentives to encourage the
adoption of advanced technologies, including tax breaks and subsidies for
investment in technology and innovation. Furthermore, the technological
advancement has been a significant driver of growth and innovation in the Egypt
textile market. With the adoption of digital technologies, sustainable
manufacturing practices, and e-commerce, textile manufacturers in Egypt are
well-positioned to meet the demands of an increasingly competitive global
market. As the industry continues to evolve, the adoption of new technologies
will be critical to the success and growth of the Egypt textiles market.” said
Mr. Karan Chechi, Research Director with TechSci Research, a research-based
global management consulting firm.
“Egypt Textiles Market By Type (Yarn & Fiber,
Processed Fabrics & Apparel), By Raw Material (Cotton, PSF, PFY, NFY, VSF,
VFY, PPMFY, Others), By Product (Natural Fibers, Polyesters, Nylon, Rayon,
Others), By Process (Woven, Non-woven), By Application (Household
(Bedding, Kitchen, Upholstery, Towel, Others), Technical (Construction,
Transportation, Medical, Protective, Others), Fashion & Clothing (Apparel,
Ties & Clothing Accessories, Handbags, Others), Others), By Region,
Competition Forecast and Opportunities, 2018-2028,” has
evaluated the future growth potential of Egypt textiles market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Egypt textiles market.
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