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The Middle East and Africa's textile manufacturing sector is expected to expand quickly


In the forecasted period of 2023 to 2030, the Middle East and Africa Textile Manufacturing Industry is anticipated to grow rapidly. Market is anticipated to reach USD 31,669.14 million by 2030 and is expanding with a CAGR of 3.4% from 2023 to 2030. The propensity toward the most recent fashion trends among the younger generation is the main driver boosting the expansion of the textile manufacturing industry.


The product category and material type are used to segment the textile apparel market in the Middle East and Africa.


The Textile Manufacturing Industry in the Middle East and Africa is categorised into material which comprises of cotton, wool, silk, denim, and others. The Middle East and Africa textile garment market is divided into three categories based on product: women, men, and children.


Egypt, Saudi Arabia, the United Arab Emirates, South Africa, Israel, and the rest of the Middle East and Africa make up the countries in the Middle East and Africa textile garment market. Due to the increasing demand for environmentally friendly, sustainable apparel, the United Arab Emirates is the market leader in the Middle East and Africa for textile garments in terms of market share and revenue.


Geographically, manufacturing industry in the middle east and africa has the quickest expansion due to the high profit margins and promising future.



Source : www.marketdataforecast.com
Posted on :8/17/2023