Overview of the Textile Sector
The textile segment in Pakistan has a giant impact on the business economy, which is overall contributing 57% to the country exports as per government of Pakistan ministry of textile industry. In recent years cotton yarn textiles and apparel cloth garment were the main focus of the cloth industry, because of the vast amount of agro cotton yarn produced in the country. It is fourth ranked in across the globe after India and China.
Pakistani textile industry provides 9 % of the global textile business suppliers needs mainly located at Arab countries , African Region , Latin America , East Europe , Canadian market and some Southern Asia. Pakistan ranks number 10 in textile producers on the globe as which specially produces cotton yarn material, cotton apparel cloth manufacturers, ethnic wear, wholesaler and local production of textile machinery and mills equipment. The global demand for apparel cloth is increasing at around 2.5%. Still there are there much more opportunities for its rise in exports apparel and garment from Pakistan.