- January 6, 2023
- Posted by: Lanka Export Solutions
- Category: Activewear
Knitted fabrics are an essential component of the activewear industry, providing comfort, breathability, and flexibility to sports and fitness apparel. Sri Lanka is a major player in the global activewear market, with a long history of manufacturing and exporting high-quality knitted fabric products.
According to the Sri Lanka Export Development Board, the country’s activewear exports reached $1.1 billion in 2019, making it the second-largest contributor to the country’s apparel export revenue. Knitted fabric activewear accounts for a significant portion of these exports, with products ranging from sports bras and leggings to t-shirts and sweatshirts.
Sri Lanka’s activewear industry benefits from the country’s strong textile and garment manufacturing infrastructure, which includes a skilled workforce and state-of-the-art machinery. In addition, the country’s strategic location in the Indian Ocean makes it an attractive destination for international brands looking to source high-quality activewear at competitive prices.
One of the key advantages of Sri Lanka’s activewear industry is the high level of vertical integration in the supply chain. This means that the country has a strong domestic textile production base, which allows manufacturers to have greater control over the quality and cost of raw materials. In addition, many activewear manufacturers in Sri Lanka have in-house design and development capabilities, which enables them to quickly respond to changing consumer trends and preferences.
Sri Lanka’s activewear industry has also gained a reputation for sustainability and social responsibility. Many manufacturers in the country have implemented environmentally-friendly production processes and adhere to international labour standards. This has made Sri Lanka an attractive destination for brands that prioritize sustainability in their supply chains.
In conclusion, Sri Lanka is a major player in the global activewear market, with a strong reputation for manufacturing and exporting high-quality knitted fabric products. The country’s vertical integration, skilled workforce, and commitment to sustainability make it an attractive destination for international brands looking to source activewear.
Takeaways:
- Sri Lanka’s activewear exports reached $1.1 billion in 2019, making it the second-largest contributor to the country’s apparel export revenue.
- Knitted fabric activewear is a significant portion of Sri Lanka’s activewear exports.
- Sri Lanka’s activewear industry benefits from the country’s strong textile and garment manufacturing infrastructure and strategic location.
- The country’s activewear industry has a high level of vertical integration in the supply chain, with many manufacturers having in-house design and development capabilities.
- Sri Lanka’s activewear industry is known for sustainability and social responsibility.