Textile Industry Grows 7.43% in Q3/2024 despite Many Factories Closing: https://ekonomi.bisnis.com/read/20241105/257/1813503/industri-tekstil-tumbuh-743-kuartal-iii2024-meski-banyak-pabrik-tutup/5 November 2024
The textile and apparel industry recorded positive growth of up to 7.43% (year-on-year/yoy) in Q3/2024. Despite being hit by various issues of layoffs (PHK) and factory closures, the implementation of trade restrictions has been a breath of fresh air for the industry. Referring to data from the Central Statistics Agency (BPS), the growth of the textile sub-sector business field to gross domestic product (GDP) was higher than the same period the previous year of -2.72% yoy and higher than Q2/2024 of -0.03% yoy.
Secretary General of the Indonesian Filament Fiber and Yarn Producers Association (APsyFI) Farhan Aqil said that if we look at the trend in the last few years, textile growth in certain periods has skyrocketed positively due to the existence of trade restriction policies in the form of safeguards or import duties for safeguard measures (BMTP).
Prospect of Textile Industry and Textile Products, This is the Plan of the Ministry of Industry: http://industri.bisnis.com/read/20170916/257/690534/prospek-industri-tekstil-dan-produk-tekstil-ini-rencana-kemenperin/16 September 2017
The Ministry of Industry stated that textile industry and textile products (TPT) have great potential to grow and develop in the future. Therefore, based on the National Industrial Development Master Plan (RIPIN) in 2015-2035, the sector is prioritized in its development in order to be able to contribute significantly to the national economic growth.
Currently, the TPT industry operating in Indonesia has been integrated with the classification in three areas. First, the upstream sector is dominated to produce fiber products. Second, the intermediate sector, namely companies whose production processes include spinning, knitting, weaving, dyeing, printing and finishing. Third, the downstream sector in the form of garment factories and other textile products. So the Ministry of Industry estimates that textile industry exports will grow an average of 11% per year. And in 2018 set at US $ 13.5 billion of the target in 2017 of US $ 12.09 billion.
Textile Clothing Manufacturing in Indonesia
Indonesia Industry Report and Market Research
May 24, 2025
Industry Code : C3221
Forecast to : 2029
Definition
Textile Clothing Manufacturing in Indonesia This Class consists of establishments mainly engaged in manufacturing ready-made clothing from textiles, woven and knitted materials which are made by cutting and sewing so that they are ready to be worn, such as shirts, trousers, blouses, dresses, baby clothing etc.
Activities
The primary activities of firms in this industry are the manufacture of:
The Textile Clothing Manufacturing industry in Indonesia research report contain trend analysis, statistics, market size information, industry growth rates as well as major competitors.
Major market segments are identified and also those forces affecting demand and supply within this industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information DIS also provides 5 year forecasts for this industry.
The comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.
