One of the well-known high-quality products of Hong Kong is clothing and apparel. It is best known for its quality textile and being an eco-friendly product. To bring you into the past of textile manufacturing, visit and learn theĀ history tour hong kong about the textile industry.
Hub of the textile industry
Hong Kong is a textile manufacturing base because of the eco-friendly solutions it brings to the industry. The place is blessed by its strategic location and business-friendly environment that regained its position as Asia’s top and third-ranking financial system in 2024. But, to revitalize the economic system above the financial sector, HK must leverage its distinct strengths embedded in the textile industry to develop modern startups.
Hong Kong start-ups increased and span various sectors making them one of the leading textile manufacturers.
Hong Kong’s competence in textile
A secret to the success of HK has spanned many years, making it a lifetime warranty, especially its competence in textiles. The competence of textiles fosters start-up innovation in sustainability and becomes more strategic.
The textile industry comprises the following:
- Spinning
- Weaving
- Knitting
- Finishing of fabrics
There were over 200 manufacturing establishments in HK in 2023 that employed thousands of workers. It is a clear indication that the retail business in textiles is active. The supply of textiles in the retail business can be answered and supplied by these factories, making them one of the leading textile manufacturers in Asia.
The textile industry in Hong Kong is a major supplier to the local clothing industry. The manufacturers can meet orders from local garment manufacturers even at short notice. It is an indication that they have been ready for the possibility of unexpected or rushed orders. A crucial proportion of textile exports are destined for use in Hong Kong companies’ import garment production, of course including the mainland.
The textile exports in Hong Kong tumbled by 22% last year, 2023. Asia continued as the leading export destination for HK textiles in 2023.
Sales channels
Hong Kong is not only a leading production center, but also a global hub for clothing sourcing and textiles. The textile industry is well-positioned, serving local and overseas clothing merchandisers and manufacturers. Many HK textile manufacturers and traders have supplied their products to clothing and textile manufacturers in Asia. International textile companies are using HK as their gateway to promote products to other Asian economies.
A competing number of fashion brands and designers are attempting to leverage HK’s trade platform, promoting textiles and apparel. The industry can produce a wide range of quality products in bulk and specialized items in a short time. The competitive edge lies in the excellent swift and quality to fashion trends, including market demand. The industry earned a worldwide reputation for flexibility, workmanship, and expertise.
Indeed, Hong Kong is an ideal shopping center for buyers looking for trendy and new materials. Hong Kong is considered by many textile industries as the home of textiles and furnishing because of its high-quality products. Kitchen textiles and carpets give buyers and exhibitors quick access to the markets and suppliers in Asia.