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Textile Manufacturing Market in Romania 2016-2020

  • Published: Dec 2016
  • Pages: 50
  • SKU: IRTNTR9978
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This industry research report identifies manufacturers like Amann Group, Arfil, Carpeta, Flamatex, Gordius, Green Furture, Iasitex, Minet, Nova Textile, RMC Rupea, Siderma, Siretul, Textile Blue Wash, and Transval Mob to be the key players in this market space. It also segments the textile manufacturing market in Romania by process and includes sub-segments like preparation and spinning of textile fibers, finishing of textiles, weaving of textiles, and manufacture of other textiles.

Outlook of the textile manufacturing market in Romania

According to this market research, the market for textile manufacturing in Romania will grow at a slow but modest CAGR of over 2% by 2020. The market study also identifies eminent factors, such as low labor costs in the region, to foster market growth during the estimated period. In Romania, during 2014, the average monthly wage in Romania was around USD 345 in the clothing sector and around USD 425 in the textile industry, which is lesser than the wages in other EU countries. The presence of low-cost labor in the region has attracted numerous foreign manufacturers into the region, which in turn creates potential growth opportunities for the market.

The provision of subcontracting services is another factor that will lead to the growth of this market during the next four years. Following the privatization of the textile manufacturing industry in Romania post the 1990s, an increasing number of manufacturers have started adopting contract manufacturing business models to capture growth. As a result, the number of manufacturers that provide subcontracting services in this region has increased substantially. This trend is expected to continue during the forecast period, with a major share of such subcontracting manufacturers catering to demand from Western Europe and the US.

Competitive landscape and key vendors 

The textile manufacturing market in Romania is marked by the presence of more than 1,000 small and big players. As the large players account for a major part of the market’s overall share, the smaller players find it difficult to compete with them, especially on the basis of aspects such as quality, technology, and pricing. The competitive environment in this market will likely intensify further with an increase in demand for products from Asian counterparts.

Some of the key manufacturers in this market are -

  • Amann Group
  • Arfil
  • Carpeta
  • Flamatex
  • Gordius
  • Green Furture
  • Iasitex
  • Minet
  • Nova Textile
  • RMC Rupea
  • Siderma
  • Siretul
  • Textile Blue Wash
  • Transval Mob

Segmentation by process and analysis of the textile manufacturing market in Romania

  • Preparation and spinning of textile fibers
  • Weaving of textiles
  • Finishing of textiles
  • Manufacture of other textiles

During 2015, the preparation and spinning of textiles accounted for more than 32% of the total market share and is envisaged to continue its market dominance in terms of revenue during the next four years. Romania has a longstanding tradition of textile manufacturing. The key strengths of this industry include low labor costs, the presence of skilled and experienced staff, and the manufacture of products that comply with EU standards and regulations. The industry’s proximity to Western Europe is also a key factor that is anticipated to provide potential growth opportunities to Romanian companies involved in the preparation, spinning, weaving, and finishing of textiles.

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 Romania?
  • What are the key market trends impacting the growth of the textile manufacturing market in Romania?
  • What are the challenges to market growth?
  • Who are the key vendors in the textile manufacturing market in Romania?
  • What are the market opportunities and threats faced by the vendors in the textile manufacturing market in Romania?
  • Trending factors influencing the market shares of Romania.
  • What are the key outcomes of the five forces analysis of the textile manufacturing market in Romania?

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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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