Urkish Textile And Apparel Industry

TURKISH TEXTILE AND APPAREL INDUSTRY
Market Overview
Textile and Apparel industry has a great contribution to the Turkish economy. The industry is considered as the locomotive of the Turkish Economy for years. The industrialization efforts in the 60's and 70's gave birth to the modern textile industry in Turkey. At the beginning, this sector was operating as small workshops. But the sector showed rapid development and during the 1980's began exporting. Today, Turkey is one of the important textile and clothing producers and exporters in the world.
Turkey's textile and clothing manufacturers began relocating production in Eastern Europe and Central Asia. In the recent years, Turkish textile and apparel companies faced raising difficulties after the quota system ended on January 1, 2005. The end of the quota regime has created fears of job losses around the world, including in Turkey, whose own textiles and apparel exports stand at around $20 billion a year.
Current

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scenario of Textiles and Apparels in Turkey
The textile sector continued to be one of the major contributors to the Turkish economy, being one of the fastest growing sectors in the 1990s with an average 12.2% annual growth, while the Turkish economy had an average growth of 5.2% per year. Textile industry started out in the 1960s in small workshops, have rapidly developed and transformed Turkey into a global competitor.
The total number of firms in the sector, dominated (95%) by the private sector, number around 44,000 and 25% of them are active exporters. The apparel industry is constituted mainly (80%) of small and medium sized firms whereas the technology-intensive textile production has been undertaken by large-scale companies. Today, around 20% of Turkey's 500 largest companies are involved in the textiles and apparel sector.
Low labor costs, a qualified workforce, relatively cheap raw materials have played an important role in the significant growth of the sector; as well as a liberal

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