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Textile and Apparels
The global textile market is expected to grow at a compound annual growth rate of 7.6% from 2023 to 2030 to reach USD 3,047.23 billion by 2030. Factors contributing to this growth include increased demand driven by e-commerce, development in technologies and increased demand for textile adaptivity.
Rising environmental awareness of consumers has created opportunities in several areas especially utilisation of recycle-based materials. Malaysia produces two million kilogrammes in textile wastes daily. In line with the environmental, social and governance (ESG) adoption, industry players are now investing in recycling of old clothing and scrap fabric for reuse or material recovery. These initiatives help manufacturers to adhere to domestic and global ESG regulations.
Textiles
Spinning
Weaving
Knitting
Apparels
Clothing
which includes made-up garments, Personal Protective Equipment (PPE) and accessories (labels, buttons, zippers, packaging, etc.)
Footwear
which includes boots, shoes, sandals, slippers and clogs
Leather
which is used to make a variety of articles/accessories including footwear, automobile seats, clothing, bags, book bindings, fashion accessories and furniture
Jewellery
which includes decorative items worn for personal adornment made up of jewellery or precious metals, and costume jewellery such as brooches, rings, necklaces, earrings, pendants, bracelets and cufflinks.
Federation of Malaysian Fashion,
Textile & Apparel Industrial
Ramatex Textiles
Industrial Sdn. Bhd
Recron Malaysia Sdn Bhd
Jin Huo Gold & Jewellery
Industries (Malaysia) Sdn Bhd
Habib Jewels Sdn. Bhd.
Bonia Corporation Berhad
Fibertex Nonwovens Sdn Bhd
Penfabric Sdn Bhd
Bata (Malaysia) Sdn Bhd
The Federation of Malaysian Fashion, Textiles and Apparels (FMFTA) was launched in collaboration with MIDA in 2019, in line with Malaysia’s initiative to accelerate the adoption of Industry 4.0.
The federation was established as a response to the advent of technologies such as the Internet of Things (IoT), Artificial Intelligence (AI), digital printing, cloud computing and system integration that have impacted both the front end as well as the back end of the textiles and apparels industry.
The FMFTA has the following objectives:
Leather Products
The worldwide leather goods market size is estimated at USD 304.80 billion in 2024, and is expected to reach USD 376.21 billion by 2029, growing at a CAGR of 4.30% during the forecast period (2024-2029).
The leather & related products market in Malaysia is projected to grow by 2.50% (2024-2029) resulting in a market volume of US$0.4bn in 2029.
Leather making in Malaysia combines traditional craftsmanship with modern techniques. The sector processes leather through advanced tanning methods to produce a diverse range of high-quality products, including shoes, bags, and belts. Malaysia mainly imports its leather from Indonesia, India, Pakistan, and Vietnam.
With a growing emphasis on sustainability, the leather industry in Malaysia is currently focusing on eco-friendly practices and innovative technologies to reduce environmental impact and meet global market demands.
Gold Jewellery
According to Euromonitor International, Malaysia’s jewellery market is set to grow annually by 3.73% (CAGR 2023-2026), reaching a market value of USD1.87 billion by 2026. This growth can be attributed to factors, such as the rising disposable income and purchasing power of the middle class have fuelled the demand for jewellery.
Malaysia is a home to some of the world’s finest gemstones, such as ruby, blue sapphire, emerald, pearls and jade. Boasting over 100 manufacturers, the sector caters to a strong domestic demand while ranking fourth among ASEAN countries.
Malaysia’s jewellery industry has embraced new technologies to drive innovation and modernise its processes. Recent advancements have revolutionised manufacturing, enhancing efficiency, effectiveness, and sustainability.
