Nov 7, 2020   SOURCE: BusinessWire

South Korea Textile and Clothing Industry Market Prospects Report 2020 - ResearchAndMarkets.com

The "Prospects for the Textile and Clothing Industry in South Korea, 2020" report from Textiles Intelligence Ltd. has been added to ResearchAndMarkets.com's offering.

The textile and clothing industry in South Korea played a major role in the country's initial industrialization but it has subsequently been eclipsed by other industries, notably automotive and electronics.

Nevertheless, the textile and clothing industry remains important, and it covers a wide range of vertically integrated activities. Furthermore, it is a substantial exporter - especially in textiles - stemming from the fact that it has an extensive synthetic fibre industry.

Looking to the future, the industry has embarked on a strategy of concentrating on the development of new textile materials with the aim of increasing the added value of its exports. In particular, the focus will be on smart fibres, nanofibres, fibres for healthy lifestyles and sustainability, and high-tech "super fibres". To help the industry to achieve its export target, South Korea has signed free trade agreements (FTAs) with numerous major countries in the world.

This report looks at the development of the textile and clothing industry in South Korea, its size and structure, and its production and consumption of fibres, textiles and clothing.

The report also features:

  • A geographical, political and economic profile;
  • A detailed look at South Korea's imports and exports of textiles and clothing;
  • A review of the policies and investment incentives provided by the South Korean government;
  • An analysis of foreign direct investment (FDI) in the textile and clothing industry;
  • An appraisal of South Korea's infrastructure and human resources, and an analysis of how these affect the textile and clothing industry;
  • An examination of the industry's strengths, weaknesses, opportunities and threats (SWOT).

Key Topics Covered:

1. SUMMARY

2. ANTIMICROBIAL TEXTILES AND HOME TEXTILE PRODUCTS

  • Magniflex has developed antiviral mattresses and bedding products
  • Trident Group has launched a new range of antimicrobial home textile products
  • Two of Sanitized's treatments have been verified as being effective against viruses when applied to polyester textiles

3. BEDDING PRODUCTS

  • Advansa's filling products are being used in the development of "back friendly" duvets

4. BEDS

  • Sleep Number has launched the Climate360 Smart Bed which incorporates temperature regulating technology

5. BIODEGRADABLE FIBRES

  • Cocona is using a new additive in the manufacture of its 37.5 Technology fibres to help accelerate biodegradation

6. CARPET

  • DSM Niaga has developed a carpet made from recycled materials

7. COLLECTIONS

  • Himatsingka has launched a new brand of home textile products called Himeya and created a collection under the brand called Vitamin D
  • JCPenney has launched a bedding collection under its new Linden Street brand
  • West Elm has collaborated with REI Co-op in the development of a "co-curated" outdoor products collection

8. COLOUR MANAGEMENT

  • Pantone has introduced 351 new colours to its Fashion, Home + Interiors (FHI) colour system

9. COTTON

  • The Fairtrade Foundation and Pratibha Syntex are working to develop a breed of nongenetically modified (non-GM) cotton seeds

10. FABRICS

  • Designtex and Hologenix LLC have collaborated in the development of Designtex Celliant upholstery fabrics
  • Seam Seal International has developed a hypoallergenic fabric for home textile applications which can be used as an environmentally sustainable alternative to PVC fabric
  • Tessutica has developed a range of fabrics called Greencare which incorporate yarns made from recycled waste
  • Sanderson has collaborated with the National Trust in the development of a decorative upholstery fabric collection

11. FIBREFILL

  • Advansa has developed a new fibrefill product which is derived from recycled waste materials

12. FIBRES

  • Lenzing has launched a new version of its Tencel Modal fibre called Tencel Modal fibre with Eco Pure technology

13. FINISHING TREATMENTS

  • BigSky Technologies has developed a fluorine-free textile finishing treatment called GreenShield ZERO
  • Devan Chemicals has developed two new bio-based finishes for home textile products
  • HeiQ has developed a new bio-based thermoregulation treatment for home textile products
  • Mattresses airweave has developed a new mattress which has a modular design

14. RECYCLING PROCESSES

  • CH-Bioforce is working with AB InBev to convert brewing waste into textile materials

15. TRENDS

  • Intertextile Shanghai Home Textiles has announced its design theme for 2021

Companies Mentioned

  • AB InBev
  • Advansa
  • BigSky Technologies
  • CH-Bioforce
  • Cocona
  • Designtex
  • Devan Chemicals
  • DSM Niaga
  • HeiQ
  • Himatsingka
  • Hologenix LLC
  • Intertextile Shanghai Home Textiles
  • JCPenney
  • Lenzing
  • Magniflex
  • Mattresses Airweave
  • Pantone
  • Pratibha Syntex
  • REI Co-op
  • Sanderson
  • Sanitized
  • Seam Seal International
  • Sleep Number
  • Tessutica
  • The Fairtrade Foundation
  • Tident Group
  • West Elm

For more information about this report visit https://www.researchandmarkets.com/r/69lcrl