Fabric Manufacturing in Mexico - Industry Market Research Report

Pulling the thread: Industry revenue will grow as consumer spending boosts demand for industry products

Fabric Manufacturing in Mexico
Over the five past years to 2019, imports as a share of domestic demand have increased rapidly, increasing competition from foreign countries and hampering industry revenue growth. Rising competition has caused profit margins to decrease, forcing unprofitable businesses to exit the industry or merge with larger industry participants. As a result, the number of establishments is expected to decrease over the five years to 2019. Nevertheless, rising competition from imports from the United States and China have hampered industry revenue growth. The value of imports has been increasing, taking away a share of the market from industry operators. The rise in competition from foreign countries that have taken a share of the market has hindered profit growth. Over the five years to 2024, industry revenue is expected to continue to grow as consumer spending boosts demand for industry products. Since the industry is showing strong growth, new operators will likely enter the industry, causing the number of industry enterprises to increase.
This industry comprises establishments dedicated primarily to the production of fabrics made from thread or yarn in Mexico. This industry also includes establishments that manufacture fabrics in combination with the production of sheets, towels and bedspreads; non-woven fabrics in combination with the production of textile products; and the weaving of tablecloths, bedspreads and similar knitted products. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.