Made-Up Textile Articles in Saudi Arabia: Industrial Report - New Market Report
Market sees 8% CAGR from 2007; boosting tourism industry and rising disposable income fuel demand. 67% of local demand served by imports; significance of foreign suppliers gradually declines. Profit margin up to 34% of turnover in 2012; average wage remains stable. Strong concentration in the industry, with four companies generating nearly three-quarters of total turnover in 2012. 10% CAGR in local producers' turnover projected over 2013-2018; other textiles category to develop slightly faster.
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