The market is dominated by domestic suppliers, as imports account for 1.7% of total market size in 2020. B2B drives market demand, with B2B spending representing 86.1% of total demand in 2020. The UK has the fourth largest market size for finishing of textiles in the region, with demand reaching USD1.1 billion in 2020. Stead Mcalpin & Co Ltd is the largest company in the UK, generating 1.7% of the industry’s total production value in 2020. The industry is fragmented, with the top four companies generating 3.5% of total production value in 2020. The total number of companies increases in 2020, to 5,110 units. The costs of the industry decrease by 3.8% in 2020, largely driven by declining labour costs. The industry’s profitability increases and stands at 29.7% of production value in 2020, the second highest in the region. With production value of USD1.1 billion, the UK accounts for 11.2% of the Western Europe total in 2020.
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This Euromonitor industrial report provides unique information on Finishing of Textiles in the UK: ISIC 1712. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Finishing of Textiles in the UK: ISIC 1712 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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