Prospects for the textile and clothing industry in Pakistan, 2022

49 pages, published in Issue 49, January 2022   Report price: Euro 635.00; US$ 835.00

The textile and clothing industry in Pakistan is of major importance for the country's economy. Textile and clothing exports account for over 61% of Pakistan's total exports and the industry provides direct employment for about 40% of the country's total industrial workforce. The industry also provides support for over 10 mn farming families, reflecting Pakistan's status as a major producer of raw cotton. On the downside, the industry has had to grapple with chronic power shortages and turmoil stemming from volatile political circumstances, and the quality of Pakistani cotton—its main raw material—has been lowered through bad practices. Also, investment in the industry has fallen. But on the positive side, the country has an abundant supply of low cost labour, and the textile and clothing industry benefits from duty-free access to the EU import market under the Generalised Scheme of Preferences (GSP) GSP+ arrangement. Also, the government places particular emphasis on attracting foreign investment and modernising existing production facilities. Furthermore, in a policy document entitled Textile Policy 2020-25, the Ministry of Textile Industry outlines a number of key objectives for the five years to the end of the 2024/25 financial year—including becoming more competitive in the international marketplace and stepping up exports. This report looks at the development of the textile and clothing industry in Pakistan, its size and structure, and its production and consumption of textiles and clothing. The report also features: a geographical, political and economic profile; a detailed look at Pakistan's imports and exports of textiles and clothing; a review of the policies and investment incentives provided by the Pakistani government; an appraisal of Pakistan's infrastructure and human resources; and an examination of the industry's strengths, weaknesses, opportunities and threats (SWOT).

Buy this Report now	Buy this Issue (49) now	Subscribe

Global Apparel Markets provides intelligence, analysis and insight on the global apparel industry.

What's in it? Each issue contains: essential information on trade and trade policy; news from leading brands, companies and other organisations; analysis of key geographical markets; and expert opinions on strategy. A single issue of Global Apparel Markets includes: practical and strategic advice from industry experts a report on a key geographical market a round-up of the latest product innovations a feature on trade and trade policy comprehensive information on the latest business developments An annual subscription to Global Apparel Markets is a cost-effective way to keep informed about trends and developments in the global apparel industry. Subscriptions are available in printed and/or digital formats. Printed and digital subscribers receive each issue in printed format in addition to a digital PDF file, which is available immediately on publication. Subscribers also receive a complementary digital subscription to Global Apparel Update, delivered directly by email once a month. This free supplement contains essential information on business news and the latest product developments. Like all Textiles Intelligence publications, Global Apparel Markets is a reliable source of independently sourced business information, and it does not carry advertising. This is what our customers say: "if the first edition of Global Apparel Markets is an indication of what is to follow, it should soon establish itself as a must read publication for those of us associated with this continuously changing industry" (Derek Dickins; Prime Source Forum)