Prospects for the Textile and Clothing Industry in South Korea

Date: September 22, 2011
Pages: 35
Price:
US$ 785.00
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Publisher: Textiles Intelligence Ltd
Report type: Strategic Report
Delivery: E-mail Delivery (PDF)
ID: PD71CFF9C5DEN
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Prospects for the Textile and Clothing Industry in South Korea
This country profile provides in-depth analysis of South Korea's textile and clothing industry, which played a major role in the country's initial industrialisation. However, there has been a decline in the number of operations and employees in recent years due to labour shortages, rising costs and growth in competition from other Asian countries with far lower production costs. Despite these challenges, the textile industry remains an important sector in the country. This report looks at the development of the textile and clothing industry, its size and structure, and textile and clothing production and consumption in South Korea. 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; and a look at South Korea's infrastructure and human resources and how these affect the textile and clothing industry.
SUMMARY

IMPORTANCE OF THE TEXTILE AND CLOTHING INDUSTRY TO

THE ECONOMY OF SOUTH KOREA

DEVELOPMENT OF THE TEXTILE AND CLOTHING INDUSTRY IN

SOUTH KOREA

SOUTH KOREA: GEOGRAPHICAL, POLITICAL AND ECONOMIC

PROFILE

Geographical profile
Political profile
Economic profile

SOUTH KOREA: INFRASTRUCTURE

Transport
Communications
Utilities

SOUTH KOREA: HUMAN RESOURCES

SIZE AND STRUCTURE OF THE TEXTILE AND CLOTHING

INDUSTRY IN SOUTH KOREA

SOUTH KOREA: TEXTILE AND CLOTHING PRODUCTION AND

CONSUMPTION

Fibre consumption trends
Production trends

SOUTH KOREA’S TEXTILE AND CLOTHING EXPORTS

Textile exports
Clothing exports
Export destinations
Strategy: a switch in focus towards high-tech, high added value materials

SOUTH KOREA’S TEXTILE AND CLOTHING IMPORTS

TEXTILES AND CLOTHING IN SOUTH KOREA: GOVERNMENT

POLICIES AND INVESTMENT INCENTIVES

Government policies
Foreign investment incentives
Tax relief and concessions
Cash grants and other types of financial support
Provision of industrial sites and assistance with locations and acquisitions

TEXTILES AND CLOTHING IN SOUTH KOREA: FOREIGN

INVESTMENT

TEXTILES AND CLOTHING IN SOUTH KOREA: STRENGTHS,

WEAKNESSES, OPPORTUNITIES AND THREATS

Strengths
Weaknesses
Opportunities
Threats

LIST OF TABLES

Table 1: South Korea: political and economic profile, 2011
Table 2: South Korea: economic indicators, 2008-10
Table 3: South Korea: fibre consumption by fibre type, 2006-10
Table 4: South Korea: spun yarn production, 2006-10
Table 5: South Korea: fabric production, 2006-10
Table 6: South Korea: textile and apparel exports, 2000-10
Table 7: South Korea: textile exports by product, 2007-10
Table 8: South Korea: textile and clothing exports by destination, 2007-10
Table 9: South Korea: textile exports by destination, 2009 and 2010
Table 10: South Korea: clothing exports by destination, 2009 and 2010
Table 11: South Korea: textile and clothing imports, 2000-10
Table 12: South Korea: textile imports by product, 2007-10
Table 13: South Korea: textile and clothing imports by supplier, 2007-10
Table 14: South Korea: textile imports by supplier, 2009 and 2010
Table 15: South Korea: clothing imports by supplier, 2009 and 2010
Table 16: South Korea: inward foreign direct investment, 2005-10
Table 17: India and South Korea: yarn and fabric production costs, 2010
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