The market is dominated by domestic suppliers, as imports account for 43.3% of total market size in 2022. Households drive market demand, with household spending representing 93.8% of total demand in 2022. Saudi Arabia has the largest market size for apparel regionally, with demand reaching USD8.5 billion in 2022. Hanan Ahmed Ba Issa Trading Est is the largest company in Saudi Arabia, generating 0.5% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 1.8% of total production value in 2022. The total number of companies decreases in 2022, to 27,071 units. The costs of the industry increase by 9.3% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 33.7% of production value in 2022, the highest regionally. With production value of USD1.1 billion, Saudi Arabia accounts for 6.5% of the Middle East and North Africa total in 2022.
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This Euromonitor industrial report provides unique information on Apparel in Saudi Arabia: ISIC 181. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Apparel in Saudi Arabia: ISIC 181 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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