According to the 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 USD 1.5 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.
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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 textiles can also provide aesthetic and functional benefits such as color, texture, pattern, and comfort. Therefore, yarn and fiber-type textiles 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, 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 the Egypt textiles market.
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Table of Content-Egypt Textiles Market
- Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
- Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
- Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
- Voice of Customer
4.1. Brand Awareness
4.2. Demand, By Application
- Egypt Textiles Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Type (Yarn & Fiber, Processed Fabrics & Apparel)
5.2.2. By Raw Material (Cotton, PSF, PFY, NFY, VSF, VFY, PPMFY, Others)
5.2.3. By Product (Natural Fibers, Polyesters, Nylon, Rayon, Others)
5.2.4. By Process (Woven, Non-woven)
5.2.5. By Application (Household (Bedding, Kitchen, Upholstery, Towel, Others), Technical (Construction, Transportation, Medical, Protective, Others), Fashion & Clothing (Apparel, Ties & Clothing Accessories, Handbags, Others), Others)
5.2.6. By Region (Cairo, Alexandria, Giza, Qalyubia, Port Said, Suez, and Rest of Egypt)
5.2.7. By Company (2022)
5.3. Product Market Map
- Yarn & Fiber Textile Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Raw Material
6.2.2. By Product
6.2.3. By Process
6.2.4. By Application