An analysis of the Peruvian market for Spanish Textile Companies
Taking advantage of its participation at the Expotextil Peru show, amec amtex has been able to get a first-hand insight of the Peruvian textile industry.
The Peruvian textile industry
Despite its relevance in the industrial sphere, the Peruvian textile industry has seen better days, as a consequence of the economic downturn the country is going through at the moment, and the ferocious Asian concurrency.
Nonetheless, public administrations are working hard to bring the industry afloat, as the textile still accounts for 23% of the industrial companies and employs over 420,000 workers. This way, a new textile Act is being drafted to protect SMEs and attract investments and capitals.
Also, there is a great window of opportunity for international machinery manufacturers as the country domestic production is pretty much non-existent. In addition to this, European technology has been gaining more and more recognition if the past few years, as guarantee for quality and reliance.
Finally, the industry is slowly steering towards new practices aligned with sustainability, circular economy, traceability… where European and Spanish solutions have a clear advantage.
Expotextil Peru, general overview and conclusions
Expotextil Perú is the most important textile and clothing machinery show in Peru. Numerous processes and equipment for the entire value chain are represented here, ranging from the preparation of the fiber to the elaboration of the finished product.
This year, the printing subsector, and the finishing one in general, has had an important representation with numerous exhibitors presenting their solutions in this area. Knitting machinery has also had a special role.
Although the show may seem limited and local in nature at first glance (10,000sqm, 250 exhibitors and 15,000 visitors), exhibitors agree that any company doing business in the Andean country must be present at the event.
amec amtex wanted to enhance the presence of Spanish Solutions for Textile at the show. To this end, it has organized and coordinated an information stand, shared with 4 Spanish companies—Bluereed, Canmartex, Jorge Sempere and Tacome. From this space, the rest of the companies in the sector have also been promoted.
Likewise, amec amtex has had the opportunity to meet with several entities and agents of the sector in
the country such as the Chamber of Commerce of Lima, Perucámaras or ADEX (Association of Exporters), to learn more about the challenges. and opportunities of the Peruvian market and strengthen its institutional role.