Report summary

The report also features: a geographical, political and economic profile; a detailed look at the country's imports and exports; a review of government policies, investment incentives and foreign investments; an analysis of strengths, weaknesses, opportunities and threats (SWOT); and an overview of the country’s infrastructure and human resources and how these affect its textile and clothing industry.

Malaysia’s textile and clothing industry is one of the country’s longest established manufacturing sectors. Furthermore, it constitutes an important economic activity, notably with regard to employment opportunities and export earnings, despite extensive economic development elsewhere in manufacturing and services. However, levels of employment and exports have tended to plateau in recent years. Meanwhile, textiles and clothing exports from Malaysia fell in 2023 and were little changed from the level recorded for 2010.

In large part, this reflects growing competition from lower cost competitors in other Asian countries, such as Bangladesh, Cambodia, Indonesia and Vietnam. Even so, there are ambitions in the industry to achieve substantial growth in future years. Furthermore, the importance of textiles and clothing to the Malaysian economy is highlighted in the country’s fourth Industrial Master Plan (IMP), which will run to 2030. In meeting future ambitions, the textile and clothing industry will be assisted by a market-oriented economy, pro-business government policies, and Malaysia’s membership of the Association of Southeast Asian Nations (Asean).

Buy this report

Publisher: Textiles Intelligence

‘Prospects for the textile and clothing industry in Malaysia, 2024’

47 pages, published in October 2024

Report price: Euro €706.00; US $929.00

Reports are supplied in PDF format only via email and can be purchased by credit card or via PayPal. Alternatively, readers can email their order and we will invoice accordingly and send their report by email upon receipt of payment.

To buy this report, please select one of the buttons below or email [email protected].