Loose threads: Falling wool prices reduced revenue, but the weak pound supported exports

The Textile Weaving and Finishing industry has been in long-term decline, but there is evidence that this trend is reversing as the industry increasingly focuses on niche product markets. Industry operators carry out a wide range of activities related to the manufacture and treatment of broad-woven textiles, including preparing and spinning thread; weaving fabrics using a variety of natural and man-made threads; and bleaching, rubberising and waterproofing fabrics. The performance of the industry is largely determined by the level of demand from downstream manufacturing markets, particularly clothing and soft furnishings manufacturers, as well as the price of inputs such as wool and cotton...read more.

Industry Statistics & Market Size
Revenue
£1.5bn
Annual Growth 15-20
-4.3%
Forecast Growth 20-25
Profit
Employment
15,874
Businesses
1,379
Market Share of Companies

Industry Threats & Opportunities

  • Growing preference for quality limited import competition, but revenue has still declined
  • Capital intensity has grown, as industry operators have invested in developing more advanced products
  • Demand for British textiles from foreign markets is anticipated to remain strong
  • Industry Report - Industry Products Chapter

    Textile weavingTextile weaving is the industry's largest product segment and is expected to account for 42.7% of industry revenue in 2019-20. Wool weaving is estimated to account for 8.7% of industry revenue, while synthetic yarn and artificial filament weaving (including nylon weaving) is expected to account for approximately 17.8%. Other weaving, including silk, cotton and glass fibre, is projected to account for approximately 16.2% of revenue. This segment constitutes the main activities of the industry, which is manufacturing textiles for use in a variety of downstream industries. This involves the manufacture of woven cotton-, woollen-, worsted- or silk-type fabrics, and increasingly involves niche products created from artificial or synthetic yarns. Ove...purchase to read more.

    Additional Insights for the Textile Weaving & Finishing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Textile Weaving & Finishing Industry are

  • Ability to accommodate environmental requirements
  • Access to niche markets
  • Must comply with government regulations
  • IBISWorld analysts also discuss how external factors such as Demand from clothing manufacturing and Real effective exchange rate in the Textile Weaving & Finishing industry impact industry performance..

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    What's in this report

    What is the Textile Weaving & Finishing Industry?

    This industry includes preparatory operations on textile fibres and the spinning of textile fibres, in addition to the weaving of textiles. These processes can be carried out with various raw materials, such as silk; wool; and other animal, vegetable or man-made fibres. The industry also includes the finishing of textiles, which involves the bleaching, dyeing, dressing, drying, steaming and shrinking of textile products, yarns, fabrics and clothing.

    Industry Products
  • Textile preparation and spinning
  • Wool weaving
  • Synthetic yarn and artificial filament weaving
  • Textile finishing
  • Other weaving
  • Industry Activities
  • Reeling and washing silk
  • Degreasing and carbonising wool and dyeing wool fleece
  • Carding and combing animal, vegetable and man-made fibres
  • Spinning and yarn or thread for weaving or sewing
  • Manufacturing broad-woven fabrics from natural and synthetic yarns
  • Bleaching and dyeing textile fibres, yarns, fabrics, textile articles and clothing
  • Dressing, drying, steaming, shrinking, mending and mercerising textiles and textile articles
  • Bleaching jeans and pleating and similar work on textiles
  • Waterproofing, coating, rubberising or impregnating purchased garments
  • Silk screen-printing on textiles and clothing
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from clothing manufacturing
  • Real effective exchange rate
  • Demand from household textile and soft furnishing manufacturing
  • Domestic price of wool
  • Value of goods imports

  • Current Performance
  • A fresh spin
  • New threads
  • Niche operators
  • Chart: Revenue Growth

  • Industry Outlook
  • British branding
  • Smart skills and

    smart fabrics

  • Exit implications
  • Profit performance
  • Table: Textile Weaving & Finishing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Textile Weaving & Finishing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Textile Weaving & Finishing
  • Household Textile & Soft Furnishing Manufacturing
  • Carpet & Rug Manufacturing
  • Clothing Manufacturing
  • Textile Wholesaling

  • Key Selling Industries
  • Textile Weaving & Finishing
  • Textile Wholesaling

  • Products & Services
  • Textile finishing
  • Synthetic yarn and artificial filament weaving
  • Textile preparation and spinning
  • Other weaving
  • Wool weaving
  • Chart: Textile Weaving & Finishing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Clothing manufacturers
  • Textile product manufacturers
  • Textile weavers and finishers
  • Other
  • Chart: Major Market Segmentation for the Textile Weaving & Finishing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    WagesPurchasesProfitDepreciationMarketingRentUtilitiesOther
  • Chart: Cost Structure Benchmarking – Sector vs Textile Weaving & Finishing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Textile Weaving & Finishing Industry

  • Industry Globalization
    Camira Group Holdings Ltd,
  • Table: Camira Group Holdings Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Textile Weaving & Finishing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Textile Weaving & Finishing Industry
    Includes:
  • Industry Revenue (2011-2025)
  • Industry Gross Product (2011-2025)
  • Establishments (2011-2025)
  • Businesses (2011-2025)
  • Employment (2011-2025)
  • Exports (2011-2025)
  • Imports (2011-2025)
  • Wages (2011-2025)
  • Wages (2011-2025)
  • Purchases (2011-2025)
  • Profit (2011-2025)
  • Depreciation (2011-2025)
  • Marketing (2011-2025)
  • Rent (2011-2025)
  • Utilities (2011-2025)
  • Other (2011-2025)
  • IT services and related spend (2011-2025)
  • Insurance (2011-2025)
  • Telecommunications (2011-2025)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Carding
  • A mechanical process that disentangles, cleans and intermixes fibres to produce a continuous web for processing.
  • Iso Standards
  • Standards set by the International Organization of Standardization that cover the handling and production of textiles internationally.
  • Scouring
  • The initial process carried out before a textile material is dyed or printed on.
  • Textile Weaving
  • The interlacing of yarns and threads to produce a fabric or cloth.
  • Worsted
  • A firm-textured, compactly twisted woollen yarn that derives its name from the village of Worstead in Norfolk.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Textile Weaving & Finishing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Textile Weaving & Finishing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Textile Weaving & Finishing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Textile Weaving & Finishing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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