/PRNewswire/ The "The Textile Industry in South Africa in South Africa 2023" report has been added to ResearchAndMarkets.com s offering. This report covers.
/PRNewswire/ The "The Textile Industry in South Africa 2022" report has been added to ResearchAndMarkets.com s offering. This report covers the industrial.
DUBLIN (BUSINESS WIRE) The "Textile Industry in South Africa 2022" report has been added to ResearchAndMarkets.com's offering. The textile industry has been in long term decline since 1994 as a result of trade liberalisation, the increase in cheap Asian imports, and declining competitiveness and manufacturing capacity of local players. The result has…
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This report examines the South African textile industry, from the manufacture and distribution of basic textiles, yarns, and fabrics, to the large retail market for finished textile products like towels and linen. It includes comprehensive information on the state and size of the sector, demand, sales trade and employment statistics, sector trends, corporate actions and major developments.
There are profiles of 23 companies including manufacturers such as Standerton Mills and Aranda Textile Mills, Associate Spinners and The Good Hope Textile Corporation (Da Gama).
The Textile Industry:
Retail trade sales of textiles have continued to expand although the country s protracted struggle with low economic growth and falling incomes, recently exacerbated by the coronavirus outbreak and national lockdown, have restrained consumer spending. In the manufacturing sector, production and employment have stagnated and