The market is dominated by foreign suppliers, as imports account for 64.5% of total market size in 2022. B2B drives market demand, with B2B spending representing 68.0% of total demand in 2022. The UK has the fifth largest market size for technical and other textiles regionally, with demand reaching USD2.8 billion in 2022. The total number of companies decreases in 2022, to 2,003 units. The costs of the industry decrease by 0.8% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 33.4% of production value in 2022, the highest regionally. The industry’s exports share increases in 2022 to 40.4% of total production output. With production value of USD1.2 billion, the UK accounts for 4.4% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Technical and Other Textiles in the United Kingdom: ISIC 1729. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Technical and Other Textiles in the United Kingdom: ISIC 1729 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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