November 2008

 
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Exponential progress for Dubai's re-export market

Motexha is the largest trade event in the Middle East for the Garments, Textiles, Leather and Fashion accessories sectors. It takes place in spring to cater to industry's 'buying cycle' and is considered as one of its kind in the region, offering business opportunities for manufacturers, traders and suppliers in the apparel and garments industry.

Leading buyers and merchandiser from all over the region visit the event. The 2008 edition was visited by more than 3000 visitors coming from 73 countries.

The Dubai textile and clothing market is booming at the heart of a multi-billion US dollar consumer sector that includes the Arab world, Russia, Eastern Europe, Africa and the Indian subcontinent. Dubai's export and re-export capabilities have allowed a 58% growth in the total trade of 2008.

Dubai is connecting both the Eastern and Western markets and acting as an entry port to the entire Middle East. To offer the best products from all over the world, the Dubai textile and garment industry relies largely on imported raw materials. Import of textiles from Japan grew by 18% in 2007 to US$ 185 million and the UAE has emerged as the 4th largest importer of Indian handicraft items.

Exhibit at INTIMA - latest feature at Motexha

After the successful launch of PURE Brands feature at Motexha 5 years ago, the event in 2009 will introduce a brand-new lingerie & swimwear feature called INTIMA. The world's leading lingerie & swimwear brands for the Middle Eastern markets will be displayed and a number of leading lingerie & swimwear companies have already confirmed their participation for the event. The retail industry across the Middle East is projected to exceed US$ 500 billion by 2010. UAE and Saudi Arabia are the world's top importers of lingerie with these two countries accounting for 77% of the Europe's total lingerie brand exports to the Gulf followed by Kuwait at 16%. With a wealthy, young and growing population, the annual growth in the fashion retail in the Arabian Gulf is estimated at 12.7%.  The demand for the lingerie and swimwear products is set to grow on the back of rising consumer spending, surge in the number of tourists and 145% growth in retail space.


 
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