Apparel & Non-Apparel Manufacturing in South Africa

Apparel & Non-Apparel Manufacturing in South Africa

Summary

Apparel & Non-Apparel Manufacturing in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• The apparel & non-apparel manufacturing market is segmented into apparel and non-apparel products. The market value refers to the revenue generated by apparel and non-apparel manufacturers in a specific year.
• The South African apparel & non-apparel manufacturing market recorded revenues of $5,905.8 million in 2023, representing a compound annual growth rate (CAGR) of -0.2% between 2018 and 2023.
• The apparel segment accounted for the market's largest proportion in 2023, with total revenues of $5,574 million, equivalent to 94.4% of the market's overall value.
• In 2023, the South African apparel and non-apparel manufacturing market faced a decline driven by a combination of economic challenges and structural inefficiencies. A key factor was the country's persistent energy crisis, characterized by frequent power outages and escalating electricity costs, which severely disrupted manufacturing operations and increased production costs. This instability made it difficult for domestic manufacturers to maintain consistent output and competitiveness. Additionally, high operational costs and rigid labor regulations further exacerbated the situation, limiting the ability of manufacturers to scale up production or invest in new technologies.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the apparel & non-apparel manufacturing market in South Africa
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the apparel & non-apparel manufacturing market in South Africa
• Leading company profiles reveal details of key apparel & non-apparel manufacturing market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the South Africa apparel & non-apparel manufacturing market with five year forecasts by both value and volume

Reasons to Buy

• What was the size of the South Africa apparel & non-apparel manufacturing market by value in 2023?
• What will be the size of the South Africa apparel & non-apparel manufacturing market in 2028?
• What factors are affecting the strength of competition in the South Africa apparel & non-apparel manufacturing market?
• How has the market performed over the last five years?
• Who are the top competitors in South Africa's apparel & non-apparel manufacturing market?