Industry Analysis & Industry Trends
The Textile Weaving and Finishing industry has been in long-term decline, but there is evidence that this trend could reverse as the industry focuses on niche product markets. Industry operators carry out a wide range of activities in the manufacture and treatment of broad-woven textiles, including preparing and spinning thread, weaving fabrics using a variety of natural and man-made threads, as well as bleaching, rubberising and waterproofing fabrics. The performance of the industry is greatly determined by demand from downstream manufacturing markets, particularly clothing and soft furnishings manufacturing.
Over the five years through 2016-17, IBISWorld expects industry revenue to decline at a compound annual rate of 3.4% to reach £1.7 billion... purchase to read more
Industry Report - Industry Products Chapter
Textile weaving is the industry's largest product segment and is estimated to account for 42.5% of industry revenue in 2016-17. Wool weaving is estimated to account for 9.4% of industry revenue, while synthetic yarn and artificial filament weaving (including nylon weaving) accounts for approximately 17.3% of industry revenue. Other weaving, including silk, cotton and glass fibre, accounts for approximately 15.8% of industry revenue. This segment constitutes the main activities of the industry, which is manufacturing textiles for the use in a variety of downstream industries. This involves the manufacture of woven cotton-type, woollen-type, worsted-type or silk-type fabrics, and increasingly involve niche products created from artificial or synthetic yarns. Ove.. purchase to read more