Prospects for the Textile and Apparel Industry in Malaysia

Bharatbook.com is proud to announce the new report "Prospects for the Textile and Apparel Industry in Malaysia" (http://www.bharatbook.com/detail.asp?id=28561).

The Malaysian textile and clothing sector encompasses a broad range of activities including polymerisation and man-made fibre production, spinning, texturing, weaving, knitting, printing, dyeing, finishing and garment making. Exports of textiles and clothing have increased significantly over the years. Between 2003 and 2005 shipments rose by 21% from US$2.24 bn to US$2.71 bn.

Malaysia's well developed infrastructure and its favorable labors policies have helped the country to attract foreign investment. However, in 2005 the bulk of funding in the textile and garment sector came from domestic investors. Moreover, the textile and clothing sector accounts for only a small share of investment in the country as a whole. In 2005 a mere 1.2% of total domestic and foreign investment approved by the government was destined for the textile and apparel sector.

In preparation for the elimination of quotas at the end of 2004, the government attempted to increase the sector's competitiveness by promoting measures to improve operational efficiency and productivity while placing more emphasis on research, development and quality enhancement. In response, manufacturers have invested in new technology, upgraded old machinery and trained workers in order to improve efficiency and quality and to reduce costs.

The next stage in the sector's development is likely to be a focus on the establishment of its own identity by fostering its own brands. This process has already started but will be exceedingly expensive to fulfill as it will involve--among other things--high levels of advertising expenditure and more sophisticated distribution channels.

Product Overview

Six times a year, Textile Outlook International provides up to 200 pages of expert comment and analysis. A subscription provides an overview of the global fibre, textile and apparel industries. It is essential reading for senior executives in the fibre, textile and apparel industries - and for anyone who is not involved in the industry, but needs to quickly gain an understanding of the key issues.

Reports in Textile Outlook International include:

Country profiles - providing a comprehensive guide to the textile and clothing industries in a range of countries and regions. The reports include an economic and political profile together with a comprehensive overview of the main issues, plus an outlook for the future.
Company profiles - giving you the opportunity to learn from strategies employed by others. Companies profiled recently include retailers, manufacturers, innovators and sourcing companies involved in textiles and apparel as well as smaller companies which illustrate the opportunities for firms which are interested in selected sourcing locations.
Trends in world textile and apparel trade and production - taking into account current issues facing the industry - such as global fibre prices; competition from China and other low cost countries; the elimination of quotas and imposition of selective new ones; relocation of production operations; the impact of economic factors affecting trade; international trade agreements; trade promotion agreements (TPAs); and much more.
Trends in EU and US imports of textiles and clothing - providing comprehensive statistical data and analysis of the top ten supplying countries to the EU and US markets. These reports are updated each year and contain value and volume data as well as average prices and analyses of trends for up to 15 product categories.
Innovations, technological developments, business development opportunities, individual sector analysis and political implications which affect players in the global fibre, textile and apparel industries. Some of the topics which have been covered in recent reports include: new innovations in the textile and clothing industry, such as environmentally friendly textiles, plant based fibres, and developments in textile colorants; innovations in textile machinery; and overviews of the European swimwear, hosiery and lingerie markets.

For more information, kindly visit: http://www.bharatbook.com/detail.asp?id=28561