Product Code: ETC023639 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Saudi Arabia Fabrics market currently, in 2023, has witnessed an HHI of 3386, Which has increased slightly as compared to the HHI of 1840 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Saudi Arabia fabrics market is expected to register a CAGR of around 4.4% during the forecast period (2025-2031). The country??s rising disposable income, changing fashion trends and an incline in the demand for apparel are driving the growth of this market. Additionally, various regional players have started selling their products through online platforms to cater to domestic customers and tap into new markets.
Popular drivers that are positively influencing the growth of the Saudi Arabia fabric market include increasing government initiatives towards promoting local production, growing consumer preference for natural fibers such as cotton and linen, technological advancements enabling cost optimization in production process; rising disposable income; increasing population leading to greater demand for apparel; changing fashion trends across different age groups especially among youngsters; inclination towards organic fabrics owing to health awareness among consumers etc.
Factors hampering growth in this region include higher costs associated with raw materials due to high import tariffs from other countries like China which has resulted in less penetration of these imports into Saudi Arabia; dependency on foreign suppliers resulting in shipment delays caused by political unrest or trade wars between two nations etc. Various environmental concerns associated with synthetic fiber manufacturing also act as major deterrents inhibiting its usage due to strict regulations imposed by governments worldwide against non-biodegradable materials like polyester or rayon etc. Unavailability or lesser availability of skilled labor further add up as another challenge faced by this industry at present times.
Additionally, on account of COVID-19 pandemic there is an overall slowdown observed across various industries including fabric industry due to the closure of retail outlets globally as well as disruption in supply chain activities. However, major players such as Alhokair Group are continuously introducing new product lines with innovative designs which will create ample opportunities for fabric manufacturers over the coming years.
The key players operating in Saudi Arabia fabrics market include Alhokair Fashion Retail, ALSABAA Fabrics Factory Ltd., L&K Fabric Trading Est., Rahhal Textile & Clothing Co., KFMB Industries LLC., Saham Textiles Industries Company Limited and others.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Fabrics Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Fabrics Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Fabrics Market - Industry Life Cycle |
3.4 Saudi Arabia Fabrics Market - Porter's Five Forces |
3.5 Saudi Arabia Fabrics Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Saudi Arabia Fabrics Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Saudi Arabia Fabrics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Fabrics Market Trends |
6 Saudi Arabia Fabrics Market, By Types |
6.1 Saudi Arabia Fabrics Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Fabrics Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Saudi Arabia Fabrics Market Revenues & Volume, By Manmade And Special Fiber Fabrics, 2021-2031F |
6.1.4 Saudi Arabia Fabrics Market Revenues & Volume, By Knitted Fabrics, 2021-2031F |
6.1.5 Saudi Arabia Fabrics Market Revenues & Volume, By Cotton, 2021-2031F |
6.1.6 Saudi Arabia Fabrics Market Revenues & Volume, By Non-Cotton, 2021-2031F |
6.2 Saudi Arabia Fabrics Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Fabrics Market Revenues & Volume, By Direct, 2021-2031F |
6.2.3 Saudi Arabia Fabrics Market Revenues & Volume, By Indirect, 2021-2031F |
6.2.4 Saudi Arabia Fabrics Market Revenues & Volume, By Hypermarket/Supermarket, 2021-2031F |
6.2.5 Saudi Arabia Fabrics Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.6 Saudi Arabia Fabrics Market Revenues & Volume, By Online Store, 2021-2031F |
7 Saudi Arabia Fabrics Market Import-Export Trade Statistics |
7.1 Saudi Arabia Fabrics Market Export to Major Countries |
7.2 Saudi Arabia Fabrics Market Imports from Major Countries |
8 Saudi Arabia Fabrics Market Key Performance Indicators |
9 Saudi Arabia Fabrics Market - Opportunity Assessment |
9.1 Saudi Arabia Fabrics Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Saudi Arabia Fabrics Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Saudi Arabia Fabrics Market - Competitive Landscape |
10.1 Saudi Arabia Fabrics Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Fabrics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |