The Malaysian textile manufacturing market is projected to expand from USD 3.49 billion in 2025 to USD 4.47 billion by 2030, reflecting a compound annual growth rate (CAGR) of 5.1%. This growth is attributed to the robust domestic textile and apparel industry, increasing disposable income, and changing fashion trends.

To stay competitive, Malaysian textile manufacturers are increasingly investing in automation and digitalization in their manufacturing facilities. The use of automation and digitalization in the textile industry has improved efficiency and precision while also paving the way for innovative advancements. Automation, robotics and software have been utilized to streamline processes, reduce waste, and enhance the overall quality of textile products. Overall, the adoption of automation and digitalization continues to redefine the manufacturing processes and set new standards for efficiency and innovation in the textile industry.

The global leather goods market is projected to grow from USD 317.91 billion in 2025 to USD 392.39 billion by 2030, reflecting a compound annual growth rate (CAGR) of 4.30% during this period.

In Malaysia, the luxury leather goods market is expected to generate US$733.19 million in revenue by 2025, with an anticipated annual growth rate of 2.89% from 2025 to 2029.

Leather making in Malaysia combines traditional craftsmanship with modern techniques. The sector processes leather through advanced tanning methods to produce a diverse range of high-quality products, including shoes, bags, and belts. Malaysia mainly imports its leather from Indonesia, India, Pakistan, and Vietnam.

With a growing emphasis on sustainability, the leather industry in Malaysia is currently focusing on eco-friendly practices and innovative technologies to reduce environmental impact and meet global market demands.

According to Euromonitor International, Malaysia’s jewellery market is set to grow annually by 3.73% (CAGR 2023-2026), reaching a market value of USD1.87 billion by 2026. This growth can be attributed to factors, such as the rising disposable income and purchasing power of the middle class have fuelled the demand for jewellery.

Malaysia is home to some of the world’s finest gemstones, including ruby, blue sapphire, emerald, pearls, and jade. Boasting over 100 manufacturers, the industry thrives on craftsmanship and expertise in the gold jewellery production. Penang stands as the nation’s leading jewellery hub, producing over 70% of Malaysia’s high-quality gold jewellery. With a highly skilled workforce and a well-established manufacturing ecosystem, the industry continues to enhance its economic value and strengthen its position in the global market.