The market is dominated by domestic suppliers, as imports account for 9.5% of total market size in 2022. B2B drives market demand, with B2B spending representing 98.5% of total demand in 2022. China has the largest market size for technical and other textiles regionally, with demand reaching USD33.2 billion in 2022. The total number of companies decreases in 2022, to 67,959 units. The costs of the industry decrease by 5.1% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 8.8% of production value in 2022, the 14th highest regionally. The industry’s exports share increases in 2022 to 31.6% of total production output. With production value of USD36.8 billion, China accounts for 66.0% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Technical and Other Textiles in China: ISIC 1729. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Technical and Other Textiles in China: ISIC 1729 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of cordage, rope, twine and netting, finishing of textiles, made-up textile articles, spinning of textile fibers; weaving of textiles, tanning and dressing of leather, and technical textiles, labels, badges and other textile products.
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