2014-02-03 09:40:01 - Machinery for Textile and Apparel Production in Indonesia: ISIC 2926 - a new market research report on companiesandmarkets.com
Textile machinery sales in Indonesia see 23% CAGR over 2007-2012, despite double-digit recession in 2009. Total sales climb to Rp22.3 trillion in 2012, with spinning, weaving and knitting machinery accounting for bulk of turnover. 85% of machinery imported, mainly from China, Japan and Germany.
Local industry is small, with 740 enterprises generating just Rp2 trillion in turnover in 2012. Industry turnover should reach Rp3.4 trillion by 2018, seeing 9% annual increase from 2013.
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