The market is dominated by foreign suppliers, as imports account for 76.4% of total market size in 2022. Investments drive market demand, with investments representing 91.6% of total demand in 2022. Saudi Arabia has the fifth largest market size for machinery for textile and apparel production regionally, with demand reaching USD251 million in 2022. The total number of companies remains unchanged in 2022. The costs of the industry increase by 17.7% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 27.4% of production value in 2022, the 10th highest regionally. With production value of USD53.9 million, Saudi Arabia accounts for 14.1% of the Middle East and North Africa total in 2022.
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This Euromonitor industrial report provides unique information on Machinery for Textile and Apparel Production in Saudi Arabia: ISIC 2926. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Machinery for Textile and Apparel Production in Saudi Arabia: ISIC 2926 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of general purpose machinery and special purpose machinery.
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