China English
Asian
2024 PID DAEGU KOREA PREVIEW IN DAEGU EXHIBITION
2024 PID DAEGU KOREA PREVIEW IN DAEGU EXHIBITION
Time: 2023.03.13 ~ 03.15
Location: DAEGU EXCO West hall, South Korea
2024 PID DAEGU KOREA PREVIEW IN DAEGU EXHIBITION
Market introduction
Market Background:
The textile and clothing industry holds a significant position in South Korea's industrial landscape. In recent years, the Korean textile and clothing industry has capitalized on unique designs and cutting-edge technology, focusing on producing high-quality, differentiated textile and apparel products. It has laid emphasis on producing small quantities of diverse products with high grades and added value, primarily in fashionable ready-to-wear clothing. South Korean domestic brands' avant-garde and daring designs align with the tastes of the younger consumer demographic and are highly favored in European, American, and Asian markets.

South Korea has numerous factories in Southeast Asian countries. For instance, in Vietnam, South Korea is the largest source of investment in the textile and clothing industry. From 1989 to 2023, over 600 South Korean textile and clothing companies have invested in Vietnam. Vietnam is the second-largest trading partner for South Korea in the textile and clothing sector and the largest destination for South Korean foreign direct investment. Moreover, the purchasing decisions for these Southeast Asian textile factories are primarily under the control of their actual investors - South Korean enterprises.

Here is an analysis of the market background of the South Korean textile industry:
1. Long History: South Korea's textile industry has a long history, dating back hundreds of years. Traditional Korean fabrics, such as Hanbok and silk, have been a part of the local culture. This traditional handcrafted textile process is still preserved and valued in South Korea.

2. Modernization and Technological Innovation: South Korea's textile industry underwent modernization in the late 20th century. Korean companies adopted the latest textile technologies, including automated production lines and highly digitized manufacturing processes. This modernization enabled South Korea to produce high-quality textiles and maintain competitiveness in the international market.

3. Diversified Product Lines: The South Korean textile industry manufactures various textile products, including fabrics, clothing, home textiles, technical textiles, and industrial textiles. This diversification helps meet the demands of both domestic and international markets.

4. International Market: South Korea's textile industry has played a significant role in the global market. South Korean textile exports reach various parts of the world, including the United States, Europe, the Middle East, and Asia. Korean brands have a reputable presence in international markets, facilitating export growth.

5. Sustainability: In recent years, South Korea's textile industry has increasingly focused on sustainability. Enterprises have adopted environmentally friendly production methods, including the use of recycled fibers, waste management, and efficient water resource utilization. This caters to the international market's demand for sustainable products.

2024 PID DAEGU KOREA PREVIEW IN DAEGU EXHIBITION

Exhibition introduction
Overview of the Exhibition:
The Korea (Daegu) International Textile Industry Exhibition is an international textile trade fair organized by a Korean government department and is a globally recognized specialized exhibition in the textile field. The exhibition was established in the year 2000, held in Seoul in the fall and Daegu in the spring. Daegu is a hub and distribution center for the production and processing of textile fabrics, yarns, clothing, and home textiles in Korea. It is also an area where Korean textile machinery, digital printing, and textile intelligent technology enterprises are concentrated.

This exhibition has the characteristics of a concentrated Korean buyer base, targeted focus, and significant trade effectiveness. Over the past twenty years, through careful cultivation and development, this exhibition has become one of the few renowned exhibitions in Asia specializing in textiles, apparel, home textiles, fiber machinery, digital and intelligent textile technologies.

The 2023 Korea (Daegu) International Textile Industry Exhibition had exhibitors and buyers from 25 countries and regions, including China, Japan, Italy, India, Pakistan, Taiwan, the United States, Vietnam, Russia, France, as well as the Middle East, Central and South America, Australia, among others. The exhibition covered an area of over 20,000 square meters, with more than 300 exhibitors, 600 booths, and 24,820 attendees, including 89 international companies participating. The exhibition focused on showcasing clothing fabrics, accessories, yarns, men's and women's fashion, apparel, home textiles, interior decorative fabrics, medical and industrial fiber materials, environmentally friendly textile materials, digital printing equipment, and technology. The total transaction volume reached hundreds of millions of dollars.


The 2024 Korea (Daegu) International Textile Industry Exhibition will be held at the new exhibition hall, EXCO, in Daegu, expanding the exhibition area. The event will be divided into three major zones:

1. Fabrics, Yarns, and Accessories Zone.
2. Technology Integration Products Zone.
3. Textile Machinery, Digital, and Intelligent Technology Zone.

There will be a particular emphasis on expanding the participation of enterprises in the category of "fiber machinery, textile sewing equipment, digital printing, and textile intelligent technology." This initiative aims to create new highlights for the exhibition, providing a platform for Chinese exhibiting companies and buyers to communicate and collaborate effectively.


Trade Relations
Foreign Trade:
In 2022, South Korea's total foreign trade reached 142 trillion USD, with a trade deficit of 47.23 billion USD. Exports amounted to 6839.5 billion USD, marking a 6.1% increase from the previous year; imports totaled 7311.8 billion USD, showing an 18.9% increase from the previous year. South Korea maintains economic and trade relations with over 180 countries and regions worldwide, with China, the United States, and Japan being its top three major trading partners.
Favoured Policy
Data of last exhibition
219
Exhibitors
25651
Visitors
23000
Exhibition area
Exhibit Scope
Textile Machinery
Spinning preparation, chemical fiber production, spinning machinery and its auxiliaries and accessories
Winding, deformation, twisting machines and their auxiliaries and accessories
Netting, bonding, and finishing machines for nonwoven fabrics and felting, as well as their auxiliaries and accessories
Weaving preparation, weaving, tufting machines and their auxiliaries and accessories
Knitting machinery and its auxiliaries and accessories
Embroidery machinery and its auxiliaries and accessories
Knitting machinery and accessories
Washing, bleaching, dyeing, drying, finishing, rolling, shearing, and folding machines and their auxiliaries and accessories
Printing and digital printing machines and their auxiliaries, inks and accessories
Clothing and other textile processing machinery and its auxiliary machinery and accessories
Laboratory testing and measuring equipment and their accessories
Transportation, handling, logistics, warehousing, and packaging equipment and accessories
Recycling equipment, waste reduction and pollution prevention equipment and their accessories
Software for design, data monitoring, processing, and integration
Dyes and textile chemicals for the textile industry
Dye Chemical Industry
Spinning preparation, chemical fiber production, spinning machinery and its auxiliaries and accessories
Winding, deformation, twisting machines and their auxiliaries and accessories
Netting, bonding, and finishing machines for nonwoven fabrics and felting, as well as their auxiliaries and accessories
Weaving preparation, weaving, tufting machines and their auxiliaries and accessories
Knitting machinery and its auxiliaries and accessories
Embroidery machinery and its auxiliaries and accessories
Knitting machinery and accessories
Washing, bleaching, dyeing, drying, finishing, rolling, shearing, and folding machines and their auxiliaries and accessories
Printing and digital printing machines and their auxiliaries, inks and accessories
Clothing and other textile processing machinery and its auxiliary machinery and accessories
Laboratory testing and measuring equipment and their accessories
Transportation, handling, logistics, warehousing, and packaging equipment and accessories
Recycling equipment, waste reduction and pollution prevention equipment and their accessories
Software for design, data monitoring, processing, and integration
Dyes and textile chemicals for the textile industry
Sewing equipment
Spinning preparation, chemical fiber production, spinning machinery and its auxiliaries and accessories
Winding, deformation, twisting machines and their auxiliaries and accessories
Netting, bonding, and finishing machines for nonwoven fabrics and felting, as well as their auxiliaries and accessories
Weaving preparation, weaving, tufting machines and their auxiliaries and accessories
Knitting machinery and its auxiliaries and accessories
Embroidery machinery and its auxiliaries and accessories
Knitting machinery and accessories
Washing, bleaching, dyeing, drying, finishing, rolling, shearing, and folding machines and their auxiliaries and accessories
Printing and digital printing machines and their auxiliaries, inks and accessories
Clothing and other textile processing machinery and its auxiliary machinery and accessories
Laboratory testing and measuring equipment and their accessories
Transportation, handling, logistics, warehousing, and packaging equipment and accessories
Recycling equipment, waste reduction and pollution prevention equipment and their accessories
Software for design, data monitoring, processing, and integration
Dyes and textile chemicals for the textile industry
Textile surface accessories
Spinning preparation, chemical fiber production, spinning machinery and its auxiliaries and accessories
Winding, deformation, twisting machines and their auxiliaries and accessories
Netting, bonding, and finishing machines for nonwoven fabrics and felting, as well as their auxiliaries and accessories
Weaving preparation, weaving, tufting machines and their auxiliaries and accessories
Knitting machinery and its auxiliaries and accessories
Embroidery machinery and its auxiliaries and accessories
Knitting machinery and accessories
Washing, bleaching, dyeing, drying, finishing, rolling, shearing, and folding machines and their auxiliaries and accessories
Printing and digital printing machines and their auxiliaries, inks and accessories
Clothing and other textile processing machinery and its auxiliary machinery and accessories
Laboratory testing and measuring equipment and their accessories
Transportation, handling, logistics, warehousing, and packaging equipment and accessories
Recycling equipment, waste reduction and pollution prevention equipment and their accessories
Software for design, data monitoring, processing, and integration
Dyes and textile chemicals for the textile industry

Fiber&Yarn, Fabric,

Functional/Industrial/Eco-friendly materials, 

DTP, Home textile, 

Medical&protective textile, 

Finding&trim, Accessories, 

Fashion apparel, etc.