The textile industry, today, has become one of the most important components of the Turkish economy with its export value of 5,4 billion dollars.
As parallel to the expectations of the formation of Customs Union with the European Union (EU), the production capacity of the sector increased in the 1990’s. With regards to machinery capacity, Turkey has 3% of short staple spinning capacity of the world, 5% of long staple spinning capacity of the world, 7,3% of OE rotor capacity of the world, 3,5% of shuttleless weaving looms capacity of the world, 1,9% of shuttle weaving looms capacity of the world and 5,1% of wool weaving looms capacity of the world by the year 2008.
As a more capital intensive industry as compared to clothing industry, most of the companies in the sector are medium scale. The industry has also large scale companies having integrated production facilities. There are nearly 7.500 textile manufacturers producing for the textile export of Turkey. The production facilities mainly concentrated in Istanbul, Izmir, Denizli, Bursa, Kahramanmaras and Gaziantep.