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Prospects for the textile and clothing industry in Sri Lanka, September 2015
published in Issue 176, September 2015
Sri Lanka's textile and clothing industry plays a vital role in the country's economy. The industry is a major source of employment and a major contributor to Sri Lanka's gross domestic product (GDP), exports and foreign exchange earnings. The clothing industry in Sri Lanka has seen rapid expansion, and investments have been made in sustainability, innovation and creativity in design. The industry is committed to environmentally friendly manufacturing and waste management methods and this commitment has provided it with a significant competitive advantage. Also, the industry comprises integrated large-scale operations which manufacture a wide range of products. As a result, Sri Lanka has gained an international reputation for being a reliable supplier of competitively priced high quality products, and strong and enduring links have been established with Western brands and retailers. However, the textile industry in Sri Lanka does not have the capacity to meet the domestic clothing industry's demand for yarns and fabrics. Sri Lanka's spinning and weaving sectors are particularly weak and, as a result, the clothing industry is dependent on imports for its inputs of yarns and woven fabrics. This report looks at the development of the textile and clothing industry in Sri Lanka, its size and structure, and fibre, textile and clothing production and consumption. The report also features: a geographical, political and economic profile; a detailed look at the country's imports and exports of textiles and clothing; the domestic market; a review of government policies and investment incentives; foreign direct investment (FDI) in the textile and clothing industry; an examination of the industry's strengths, weaknesses, opportunities and threats (SWOT); and an analysis of Sri Lanka's infrastructure and human resources and how these affect the textile and clothing industry.
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.
So whether you are involved in fibres, textiles or clothing in manufacturing, spinning, weaving, knitting, sewing, import/export, retailing or if you are in education or consultancy or investment or finance, a subscription to Textile Outlook International will tell you what you need to know about the key trends in the industry.
Textile Outlook International is available on subscription either in printed format only, or in printed and electronic format. If you choose the printed only option, you will receive 6 printed publications a year, containing a total of 30 reports plus editorials written by Robin Anson, our editorial director and in-house industry expert.
Electronic supplement If you choose the printed and electronic option, you will receive an extra service. You will still receive each issue in printed format, delivered to you by traditional post.
In addition, you will be able to download PDF files containing the same information but the PDF files will be available immediately on publication, so you dont have to wait for the printing and mailing. You also have all the benefits of electronic files: instant access even when you are away from the office; convenient storage in your PC or laptop; portability; electronic search facility; and copy/paste facility.
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