The market is dominated by domestic suppliers, as imports account for 40.5% of total market size in 2020. Households drive market demand, with household spending representing 94.4% of total demand in 2020. The UK has the largest market size for made-up textile articles in the region, with demand reaching USD13.9 billion in 2020. Ashley Wilde Group is the largest company in the UK, generating 1.4% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 4.2% of total production value in 2020. The total number of companies increases in 2020, to 11,822 units. The costs of the industry decrease by 2.9% in 2020, largely driven by declining labour costs. The industry’s profitability increases and stands at 12.3% of production value in 2020, the 11th highest in the region. With production value of USD2.9 billion, the UK accounts for 14.1% of the Western Europe total in 2020.
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This Euromonitor industrial report provides unique information on Made-up Textile Articles in the UK: ISIC 1721. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Made-up Textile Articles in the UK: ISIC 1721 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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