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Textile Manufacturing Market in Bosnia and Herzegovina 2016-2020

  • Published: Dec 2016
  • Pages: 50
  • SKU: IRTNTR10008
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This market research report analyzes the key players in the textile manufacturing market in Bosnia and Herzegovina such as Prevent Visoko and BEMA Banja Luka. A comprehensive study of this market is also presented by product (made-up textile articles, prepared, spun, woven, and finished textiles, knitted and crocheted fabrics, non-wovens and articles made from non-wovens, technical and industrial textiles, and others).

Overview of the textile manufacturing market in Bosnia and Herzegovina

Technavio’s market research analysts have predicted that the textile manufacturing market in Bosnia and Herzegovina will grow steadily and will post a CAGR of more than 3% over the forecast period. The proximity of Bosnia and Herzegovina to major global textile markets, such as France, Italy, and Spain has been a facilitator for the widespread adoption of the loan business model. Although this business model does not sustain market growth in the long term, it has been instrumental in stabilizing the market post the economic crisis of 2008 as it promotes short and quick production runs. Moreover, the country’s longstanding tradition of manufacturing textiles ensures the availability of a workforce that is not only skilled in spinning, weaving, and knitting but is also one of the most cost-effective in terms of wages, compared to neighboring countries. These factors make this market a favorable investment destination, which will propel this market’s growth prospects in the coming years.

The proximity of Bosnia and Herzegovina to the fashion capitals of Western Europe, such as France and Italy, is expected to provide manufacturers with significant growth opportunities. Manufacturers of textiles are, thus, focusing on product differentiation through branding to enhance their visibility in foreign markets. With increasing emphasis on the branding on the manufactured products, the market for textile manufacturing is anticipated to have a positive outlook over the next four years.

Competitive landscape and key vendors

The textile manufacturing market in Bosnia and Herzegovina is characterized by the presence of several small private companies. The larger companies are primarily joint-stock enterprises. Although the production and export trends in the country have been positive, long-term sustainability of players in the market will depend largely on foreign investments in the near future.

Key vendors in this market are -

  • Prevent Visoko
  • BEMA Banja Luka

Segmentation by product type and analysis of the textile manufacturing market in Bosnia and Herzegovina

  • Made-up textile articles
  • Prepared, spun, woven, and finished textiles
  • Knitted and crocheted fabrics
  • Non-wovens and articles made from non-wovens
  • Technical and industrial textiles

During 2015, the made-up textile articles led the textile manufacturing market in Bosnia and Herzegovina and held close to 70% of the revenue market shares. The made-up textile articles segment has shown consistent growth since 2010. Although the production dipped slightly in 2012 and 2013 due to poor economic conditions in the domestic market, production grew by over 5% in 2014, largely due to increased sales in the sub-segment of cotton for tarpaulins, packing goods, awnings, and blinds; and bedding articles.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the textile manufacturing market in Bosnia and Herzegovina?
  • What are the key market trends impacting the growth of the textile manufacturing market in Bosnia and Herzegovina?
  • What are the challenges to market growth?
  • Who are the key vendors in the textile manufacturing market in Bosnia and Herzegovina?
  • What are the market opportunities and threats faced by the vendors in the textile manufacturing market in Bosnia and Herzegovina?
  • What are the trending factors influencing the market shares of Bosnia and Herzegovina?
  • What are the key outcomes of the five forces analysis of the textile manufacturing market in Bosnia and Herzegovina?

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This is preliminary content. The table of contents is subject to change.

PART 01: Executive summary

  • Highlights

PART 02: Scope of the report

  • Market overview
  • Top-vendor offerings

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights

PART 05: Market landscape

  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation by product

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

  • Competitive landscape
  • Other prominent vendors

PART 14: Key vendor analysis

PART 15: Appendix

  • List of abbreviation

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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