The period between 2000 - 2010 has been difficult for the textile and clothing sectors. This sector saw a number of companies closing and a number of people employed by this sector losing their jobs.
The clothing sector in Zimbabwe comprises of registered companies who are members of the Zimbabwe Clothing Council. Zimbabweans own the majority of the companies and there has been an influx of indigenous clothing manufacturers over the past few years. However, only a small number less than 10% manufacture for export despite the growing regional market and inroads in past years into new markets mainly in Europe.
The Zimbabwe clothing worker is highly skilled and able to produce clothing to world standard requirements and importantly at competitive prices. Other areas for investment would be direct investment of management and technical skills or the establishment of joint venture manufacturing and marketing operations. The textile industry has gone through a down period and requires investment in new technology which will enable it to compete with imports into the Southern African region from the Far East.
There are opportunities for investment on a joint venture basis into textile design which will enable the industry to attract customers from a wider market base. Within the industry there is under-utilized capacity, which could be developed with external partners into more, specialised manufacture through an improved marketing strategy.
Key factors in the growth of Zimbabwe Clothing and Textile Sector are robust economic growth, Foreign Investment and Government Initiatives.
High competition in Clothing and Textile Industry and Costly transportation are factors which are effecting Clothing and Textile market of Zimbabwe.
What the report offers
The study identifies the situation of Zimbabwe, and predicts the growth of its Clothing and Textile sector. Report talks about market trends, Government regulations, growth forecast, major companies, upcoming companies & projects, etc. Report will also talk about Economic conditions of and future forecast of its current economic scenario and effect of its current policy changes in to its economy, reasons and implications on its growth. Lastly, the report is divided by major import & export and importing and exporting partners.