The market is dominated by foreign suppliers, as imports account for 87.5% of total market size in 2022. B2B drives market demand, with B2B spending representing 99.3% of total demand in 2022. The UK has the 10th largest market size for machinery for textile and apparel production regionally, with demand reaching USD215 million in 2022. Kannegiesser UK Ltd is the largest company in the UK, generating 30.8% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 69.8% of total production value in 2022. The total number of companies decreases in 2022, to 325 units. The costs of the industry decrease by 8.2% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 4.7% of production value in 2022, the 20th highest regionally. The industry’s exports share decreases in 2022 to 78.0% of total production output. With production value of USD112 million, the UK accounts for 0.6% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Machinery for Textile and Apparel Production in the United Kingdom: 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 the United Kingdom: 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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