Textile Manufacturing Market in Serbia 2016-2020

  • Published: Dec 2016
  • Pages: 50
  • SKU: IRTNTR9999

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted

  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

This market study report presents a comprehensive analysis of the key manufacturers in the textile manufacturing market in Serbia, including Adanko, Belmil, Bim tex, Bogutovo, Dunav Grocka, Garman, Happening, HK PK Yumco, Ivković, Kar - Mod, Kluz-Padobrani, Marshall, Modital, Mo-Mark Textiles, Nenateks, Proleter, Spectre Commerce – Trends, Stefan, Textil, and Zupljanka. It also segments the market by process and provides an in-depth analysis of the key drivers and trends that influence market growth.

Outlook of the textile manufacturing market in Serbia

In Serbia, the market for textile manufacturing will grow at a modest rate and will be positively affected by the strategic location of the country. Serbia is located in the Balkan Peninsula and is bordered by Croatia and Bosnia-Herzegovina to the west, Hungary to the north, Bulgaria to the east, Montenegro to the southwest, and Albania and Macedonia to the south. This strategic location provides the country with a significant advantage from the point of view of trade as it is located at the crossroads of Europe and Asia. The country’s strategic location will be an important factor in influencing the inflow of FDI into the country's manufacturing sectors, including the textile manufacturing industry. Furthermore, its ideal location puts the country in close proximity to leading fashion capitals, such as Italy and France, which enables the manufacturers to keep abreast of changing market trends. According to Technavio’s market research analyst, the textile manufacturing market in Serbia will grow at a CAGR of more than 3% by 2020.

The recent increase in sourcing of textiles from Serbia will also spur this market’s growth potential over the next few years. Benefits like the availability of cheap labor, strategic location, and favorable trade agreements with neighboring countries have helped Serbia become a leading destination for high-quality textiles. Despite poor economic conditions in recent years, such as a drop in foreign investments, the textile manufacturing market in Serbia managed to post sustained growth due to factors like consistent demand, which provides ample growth opportunities to SMEs in the country.

Competitive landscape and key vendors

This market is fragmented and is dominated by small and medium-sized enterprises, which account for approximately 75% of the market. There are a total of about 400-500 registered companies in the market, many of which are vertically organized and are capable of handling processes such as cutting, spinning, weaving, finishing, dyeing, embroidering, and printing.  Though the manufacturers are distributed across all parts of the country, there is a high concentration of specialized manufacturers in the Ada municipality in Northern Serbia, Arilje municipality in Central Serbia, and the world renowned Novi Pazar municipality in Southwest Serbia.

Top manufacturers in the region are -

  • Adanko
  • Belmil
  • Bim tex
  • Bogutovo
  • Dunav Grocka
  • Garman
  • Happening
  • HK PK Yumco
  • Ivković
  • Kar - Mod International
  • Kluz-Padobrani
  • Marshall
  • Modital
  • Mo-Mark Textiles
  • Nenateks
  • Proleter
  • Spectre Commerce - Trends
  • Stefan
  • Textil
  • Zupljanka

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

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

During 2015, the preparation and spinning of textile fibers, especially wool and cotton, accounted for more than 36% of the total market share. Several companies in the textile manufacturing market operate as vertically integrated units that possess the capability to carry out all of the aforementioned processes.

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

Technavio also offers customization on reports based on specific client requirement.

Related reports

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.


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


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



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


  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your sample now!
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
  • Off-the-shelf research reports
  • Reports can be tailored to meet the customer's needs
  • Trusted by more than 100 fortune 500 organizations
  • Information about the market's key drivers, trends, and challenges
  • Parent market analysis
  • Every week, 50,000 people visit our subscription platform
  • Detailed vendors report with competitive landscape
  • Covid-19 impact and recovery analysis
  • Data on revenue-generating market segments
  • Details on the market shares of various regions
  • Five-force market analysis

Certified ISO 9001 : 2015

We are ISO recognized

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Safe and Secure SSL Encrypted

  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Customized Report as per your Business Needs

  • Our analysts will work directly with you and understand your needs
  • Get data on specified regions or segments, competitor and Vendors
  • Data will be formatted and presented as per your requirements
  • We offer $1000 worth of FREE customization at the time of purchase

Let us help you make report more suited to your requirements.

  • Get a competitive breakdown as per your niche industry
  • Customize the data with various metrics that meet your business prerequisite
  • Understand Revenue Sources, Customers and many more
  • Details on Market Share
  • These customizations are done in a short amount of time by our analysts and industry experts
Enquire Before Buying
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>