BlOG http://sgroup.pro en Fri, 26 Dec 2025 02:06:54 +0300 Summing up the results of 2020 http://sgroup.pro/tpost/3nsosxe0a1-summing-up-the-results-of-2020 http://sgroup.pro/tpost/3nsosxe0a1-summing-up-the-results-of-2020?amp=true Mon, 01 Feb 2021 03:00:00 +0300 https://www.mordorintelligence.com Textile Industry Outlook

Summing up the results of 2020

Textile Industry Outlook

The Textile Industry is Segmented by Application Type (Clothing Application, Industrial/Technical Application, and Household Application), By Material (Cotton, Jute, Silk, Synthetics, and Wool), By Process ( Woven and Non-woven), and By Geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa). The report offers market size and forecasts for the textile industry in Value (USD billion) for all the above segments.

https://www.mordorintelligence.com/industry-reports/global-textile-industry---growth-trends-and-forecast-2019---2024]]> INDA and EDANA Jointly Publish the Global Nonwoven Markets Report http://sgroup.pro/tpost/y5spn7n381-inda-and-edana-jointly-publish-the-globa http://sgroup.pro/tpost/y5spn7n381-inda-and-edana-jointly-publish-the-globa?amp=true Thu, 30 Sep 2021 02:00:00 +0300 https://www.inda.org A Comprehensive Survey and Outlook Assessing Growth Post-Pandemic

INDA and EDANA Jointly Publish the Global Nonwoven Markets Report

A Comprehensive Survey and Outlook Assessing Growth Post-Pandemic

Cary, NC & Brussels, Belgium, September 29, 2021 – A new report published by the two leading nonwoven trade associations forecasts strong market demand for nonwovens materials through the next five years, according to the joint publication from EDANA and INDA’s Global Nonwoven Markets Report, A Comprehensive Survey and Outlook, 2020–2025.
This is the seventh edition of the Global Nonwoven Markets Report, formerly titled Worldwide Outlook for the Nonwovens Industry, and is available for purchase from both INDA, the Association of the Nonwoven Fabrics Industry, and EDANA, the International Association Serving the Nonwovens and Related Industries.
This comprehensive report provides in-depth information and analysis of the global nonwoven macro drivers, supply and demand, and regional trade. Among the highlights of the report:

In the historical period (2010–2020) production increased 6.2% annually, led by growth in the spunlaid processes and drylaid hydroentanglement.
China led the growth in production, adding an additional 4.7 million tonnes from the end of 2010 through to the end of 2020, representing a 11.5% annual growth rate.
Across the nonwoven end use segments, the wipes, filtration, medical segments expanded at the fastest rates, given the industry’s rapid response to provide materials that keep the surfaces we touch clean, protect the air we breathe, and provide a barrier to keep our bodies safe.

“The worldwide nonwovens industry’s prospects are excellent and it remains an exciting industry in which to be involved,” said the report’s co-authors Jacques Prigneaux, Market Analysis and Economic Affairs Director at EDANA and Brad Kalil, Director of Market Intelligence & Economic Insights at INDA.
The report includes detailed regional information and forecasts on production, technology and investment requirements for North America, Greater Europe, Asia and the South America region. The report further features regional views of economic growth, population, product by end use, and trade flows. Other key topics include raw material usage and a detailed appendix.
“As strategic partners, INDA and EDANA are committed to promoting the sustained growth of the nonwovens industry. This report provides the industry’s best estimates on future demand by the key nonwoven segments and it is predicated on sound macro-economic analysis,” said INDA President Dave Rousse. “This Global Nonwoven Markets Report is an essential planning resource for all those involved in global strategic planning for nonwovens throughout the supply chain.”
“With the remarkable growth and global success of nonwovens, both industry insiders among our member companies and outsiders, from financial analysts to potential investors, require more than ever reliable sources of market information as well as forward-looking data. This new report issued by our two leading nonwovens industry associations builds on decades of experience, and of close observation and direct data collection from hundreds of companies,” said EDANA General Manager Pierre Wiertz. “Produced by the industry for the industry, this is therefore a unique tool and a more legitimate and reliable source of data than any other report about nonwovens.”
The report is available for purchase now and delivery starting on September 30, 2021. For more information or to purchase, contact:

INDA:

Cindy Garcia, cgarcia@inda.org, (919) 459-3711, or visit https://imisw.inda.org/store/searchresults.aspx?categoryid=2

EDANA:

Jacques Prigneaux, Market Analysis and Economic Affairs Director, +32 2740 1818, jacques.prigneaux@edana.org, or visit https://www.edana.org/publications/statistics-nonwovens-report

###

About EDANA

EDANA helps its members to design their future, serving more than 320 companies in the nonwovens and related industries, across over 40 countries. Its mission is to create the foundation for sustainable growth of the nonwovens and related industries through active promotion, education and dialogue. Further information can be found at www.edana.org

About INDA

INDA, Association of the Nonwoven Fabrics Industry, serves hundreds of member companies in the nonwovens / engineered fabrics industry doing business globally. Since 1968, INDA networking events have helped members connect, innovate and develop their businesses. INDA educational courses, market data, test methods, consultancy and issue advocacy help members succeed by providing them the information they need to better plan and execute their business strategies. INDA Media is the business-to-business publishing arm of INDA and publisher of International Fiber Journal and International Filtration News, which reach a vast network of professionals who employ fibers, filaments, and filtration systems to optimize their application environments. For more information, visit www.inda.org.]]> Summing up the results of 2021 http://sgroup.pro/tpost/odo8srrf51-summing-up-the-results-of-2021 http://sgroup.pro/tpost/odo8srrf51-summing-up-the-results-of-2021?amp=true Thu, 21 Oct 2021 02:00:00 +0300 https://specialtyfabricsreview.com Global textile market outlook

Summing up the results of 2021

Global textile market outlook

According to the report “Global Textile Market Size, Share & Trends Analysis Report by Raw Material (Wool, Chemical, Silk), by Product (Natural Fibers, Polyester), by Application (Household, Technical), by Region, and Segment Forecasts, 2021-2028” by ResearchAndMarkets.com, the global textile market size is anticipated to reach USD 1412.5 billion by 2028. The market is expected to expand at a CAGR of 4.4% from 2021 to 2028.
Rising consumer awareness coupled with fast pace changing trends in the fashion industry is projected to drive the market.

The rise in the e-commerce platforms that support sales and distribution of different types of products manufactured by the industry is expected to drive the demand. In addition, stringent government regulations to ensure labor safety is compelling the demand for personal protective clothing that requires wool or treated cotton as raw material, which is fueling the market growth.
Increasing demand for medical textiles in the healthcare industry due to the rise in awareness towards health and hygiene is adding growth prospects to the industry. Moreover, increased concern towards the environment is propelling the demand for sustainable and natural fibers such as cotton, hemp, linen and silk which, in turn, is adding growth prospects to the market.
The rising adoption of technological components in fabrics to monitor external stimuli and translate them into data is propelling the growth of smart textiles. These products have a wide range of applications in fashion, entertainment, transportation, medical and other industries, which are expected to open new technological avenues required in the production of textile products over the forecast period.]]> Textiles industry to reach $ 1,440 billion by 2032. http://sgroup.pro/tpost/vbgi8ehtl1-textiles-industry-to-reach-1440-billion http://sgroup.pro/tpost/vbgi8ehtl1-textiles-industry-to-reach-1440-billion?amp=true Fri, 03 Jun 2022 02:00:00 +0300 https://www.textiletechnology.net Penetration of E-commerce websites is playing a crucial role in the increasing demand for textiles.

Textiles industry to reach $ 1,440 billion by 2032.

Penetration of E-commerce websites is playing a crucial role in the increasing demand for textiles. Moreover, demand for natural fibers owing to the rising environmental concerns is positively influencing the demand for textiles. A new market study by Fact.MR, Dublin/Ireland, predicts the global sales of textiles to surpass US$ 1,440 billion by registering a CAGR of 3.77% in the forecast period 2022-2032.
Historically, from 2015 to 2021, the global textile sales flourished at a CAGR of 3%, being valued at $ 990 billion by the end of that period. The onset of the Covid-19 pandemic affected the sales and demand of various industries. Due to the restriction on movements, the purchasing of consumer goods witnessed a dip. This, in turn, affected the demand for textiles. As the world is gaining normality, the demand for textiles is expected to upsurge in the assessment period.
Furthermore, demand from end user sectors such as medical and households is creating lucrative opportunities for textile industries. In addition, rapid urbanization and increasing population across various countries in the globe is propelling the demand for textiles.
Key points from the market study show that by application, fashion and apparel are expected to gain more than 70% market share for textile market. By product, natural fibers are expected to hold more than 45% market share for textile market.
The textile industry is expected to possess nearly 30% market share throughout North America and nearly 50% market share throughout Asia Pacific. The USA, Canada, India, Bangladesh and Vietnam are the top 5 countries driving demand for textiles ]]> Strategy for sustainable and circular textiles. http://sgroup.pro/tpost/vgph06b1k1-strategy-for-sustainable-and-circular-te http://sgroup.pro/tpost/vgph06b1k1-strategy-for-sustainable-and-circular-te?amp=true Fri, 22 Apr 2022 02:00:00 +0300 https://www.textiletechnology.net To create a greener and more competitive textile sector the EU strategy for sustainable and circular textiles has been established.

Strategy for sustainable and circular textiles.

To create a greener and more competitive textile sector the EU strategy for sustainable and circular textiles has been established. This addresses the production and consumption of textiles, whilst recognizing the importance of the textiles sector. It implements the commitments of the European Green Deal, the new circular economy action plan and the industrial strategy
Textiles are the fabric of everyday life - in clothes and furniture, medical and protective equipment, buildings and vehicles. However, urgent action is needed as their impact on the environment continues to grow. EU consumption of textiles has, on average, the 4th highest impact on the environment and climate change, after food, housing and mobility. It is also the third highest area of consumption for water and land use, and fifth highest for the use of primary raw materials and greenhouse gas emissions.
Objectives
The strategy aims to create a greener, more competitive sector that is more resistant to global shocks. The Commission's 2030 Vision for Textiles is that

all textile products placed on the EU market are durable, repairable and recyclable, to a great extent made of recycled fibres, free of hazardous substances, produced in respect of social rights and the environment
”fast fashion is out of fashion” and consumers benefit longer from high quality affordable textiles
profitable re-use and repair services widely available
the textiles sector is competitive, resilient and innovative with producers taking responsibility for their products along the value chain with sufficient capacities for recycling and minimal incineration and landfilling

Actions
The Strategy lays out a forward-looking set of actions. The Commission will

set design requirements for textiles to make them last longer, easier to repair and recycle
introduce clearer information on textiles and a digital product passport
empower consumers and tackle greenwashing by ensuring the accuracy of companies’ green claims
stop overproduction and overconsumption, and discourage the destruction of unsold or returned textiles
harmonize EU Extender Producer Responsibility rules for textiles and economic incentives to make products more sustainable
address the unintentional release of microplastics from synthetic textiles
address the challenges from the export of textile waste adopt an EU Toolbox against counterfeiting by 2023
publish a transition pathway by the end of 2022 - an action plan for actors in the textiles ecosystem to successfully achieve the green and digital transitions and increase its resilience

]]> Pact for Skills. http://sgroup.pro/tpost/o61eetdkc1-pact-for-skills http://sgroup.pro/tpost/o61eetdkc1-pact-for-skills?amp=true Mon, 20 Dec 2021 18:44:00 +0300 https://www.textiletechnology.net The attractiveness of the sector of the European textile and apparel sector should be improved by acknowledging the skills challenge in the textiles ecosystem

Pact for Skills.

The attractiveness of the sector of the European textile and apparel sector should be improved by acknowledging the skills challenge in the textiles ecosystem, and the commitment to invest in reskilling and upskilling workers, integrating green and digital skills. On December 16, 2021, 118 organizations signed the Textiles, Clothing, Leather and Footwear (TCLF) Pact for Skills, an initiative promoted by the European Commission (EC) and coordinated by European Apparel and Textile Confederation (Euratex), Brussels/Belgium. Members of the pact will benefit from networking, guidance and resources offered by the EC to implement the targets which are proposed in the pact.
The Pact for Skills is part of the EU Industrial Strategy, addressing the competitiveness of 14 critical ecosystems, including textiles. The main aim is maximizing the impact of investments in improving existing skills (upskilling) and training in new skills (reskilling). To reach such an ambitious goal, the pact gathers various actors in the TCLF sectors: industry, employers, social partners, national and regional authorities, education and training providers. These actors should work together and invest in large-scale skills partnerships, guarantee exchange of best practices and increase the attractiveness of the sector.
Specifically, the TCLF Pact for Skills focuses on 5 objectives and for each of them, the signatories identified a certain number of target actions: promoting a culture of lifelong learning for all; building a strong skills partnership with relevant stakeholders; monitoring skills supply/demand and anticipating skills needs; working against discrimination and for gender equality and equal opportunities as well as raising awareness & attractiveness on the TCLF industries.
As of early 2022, the European Commission will offer signatories of the Pact for Skills to benefit from collaboration at EU, national and regional levels and in particular gain access to networking, knowledge and guidance & resource hubs.]]> Global dancewear market was estimated at $1.1 billion in 2020 and is expected to hit $1.7 billion by 2030. http://sgroup.pro/tpost/geblbuoeh1-global-dancewear-market-was-estimated-at http://sgroup.pro/tpost/geblbuoeh1-global-dancewear-market-was-estimated-at?amp=true Sat, 18 Jun 2022 02:00:00 +0300 https://textilefocus.com According to the report published by Allied Market Research, the global dancewear market was estimated at $1.1 billion in 2020 and is expected to hit $1.7 billion by 2030, registering a CAGR of 4.8% from 2021 to 2030.

Global dancewear market was estimated at $1.1 billion in 2020 and is expected to hit $1.7 billion by 2030.

According to the report published by Allied Market Research, the global dancewear market was estimated at $1.1 billion in 2020 and is expected to hit $1.7 billion by 2030, registering a CAGR of 4.8% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and varying market trends. Increase in use of dancewear by consumers in schools, universities, and public institutions and rise in sales of dancewear in specialty stores drive the global dancewear market. Moreover, emerging economies such as India and China have witnessed significant adoption of dancewear, owing to increased awareness about the benefits of dancing, which has supplemented the market growth even more.]]> US TEXTILES & APPAREL IMPORTS UP 29.61% IN JAN-FEB 2022. http://sgroup.pro/tpost/k7ksztor11-us-textiles-amp-apparel-imports-up-2961 http://sgroup.pro/tpost/k7ksztor11-us-textiles-amp-apparel-imports-up-2961?amp=true Mon, 18 Apr 2022 02:00:00 +0300 https://textilevaluechain.in The import of textiles and apparel by the United States continues to grow at high rate and rose by 29.61 per cent to $20.191 billion in the first two months of 2022, compared to $15.578 billion in the same period of 2021.

US TEXTILES & APPAREL IMPORTS UP 29.61% IN JAN-FEB 2022.

The import of textiles and apparel by the United States continues to grow at high rate and rose by 29.61 per cent to $20.191 billion in the first two months of 2022, compared to $15.578 billion in the same period of 2021. With 27.76 per cent share China continues to be the largest supplier of textiles and clothing to the US, followed by Vietnam with 13.50 per cent share.
Apparel constituted the bulk of textiles and garments imports made by the US in January-February 2022, and were valued at $15.021 billion, while non-apparel imports accounted for $5.170 billion, according to the latest Major Shippers Report, released by the US department of commerce.
Segment-wise, among the top ten apparel suppliers to the US, imports from Pakistan and Indonesia shot up by 61.06 per cent and 55.97 per cent year-on-year respectively. Imports from China, India, Bangladesh and Cambodia too grew between 44-50 per cent. On the other hand, imports from Honduras registered a growth of only 15.24 per cent compared to the same period of the previous year.
In the non-apparel category, among the top ten suppliers, imports from Cambodia soared by 64.62 per cent year-on-year. Imports from Italy and South Korea too climbed 33.08 per cent and 22.10 per cent respectively.
Of the total US textile and apparel imports of $20.191billion during the period under review, cotton products were worth $9.011 billion, while man-made fibre products accounted for $10.207 billion, followed by $473.648 million of wool products, and $499.986 million of products from silk and vegetable fibres.
In 2020, the US textile and apparel imports had decreased sharply, mainly on account of the COVID-19 pandemic induced disruption, to $89.596 billion compared to imports of $111.033 billion in 2019. But imports rebounded again in 2021 to surpass pre-pandemic level and ended at $113.938 billion.]]> Clothing firms now ‘seek out’ recycled yarn. http://sgroup.pro/tpost/xcng1jzg51-clothing-firms-now-seek-out-recycled-yar http://sgroup.pro/tpost/xcng1jzg51-clothing-firms-now-seek-out-recycled-yar?amp=true Tue, 31 May 2022 02:00:00 +0300 https://www.mrw.co.uk Clothing brands are now coming to the recycling industry to seek advice on gaining access to recycled yarn, the Bureau of International Recycling (BIR) has heard.

Clothing firms now ‘seek out’ recycled yarn.

BY MARK SMULIAN

Clothing brands are now coming to the recycling industry to seek advice on gaining access to recycled yarn, the Bureau of International Recycling (BIR) has heard.
A meeting of the Textiles Division in Barcelona was told by Maud Hardy, general manager of French producer responsibility organisation Refashion: “Many brands are coming to us and asking how they can get access to recycled yarn,.
Alan Wheeler, chief executive, Textile Recycling Association, said retailers were now keen to know where to source recycled products, which marked “a definite shift from where we were just a few years ago”.

Erik Koep, chief executive of Worn Again Technologies, said his business, which develops polymer recycling processes for non-reusable textiles, aimed to build an average of two or more plants a year to meet demand.
Wheeler had said that investment from the textiles industry had been limited to date, but Koep said the required technology had not previously been available to capitalise on demand for sustainability. However, this was now starting to come on line and Koep said investment had reached an “inflection point”.
Wheeler called for “ambitious” targets from the fashion industry regarding its recycled content, while the division’s president Martin Böschen stressed the need for “more automation in the sorting process that would deliver an accurate assessment of material composition”.
He said the proposed revision of the EU’s Waste Shipment Regulation could seriously affect exports of unsorted clothing, and so more sorting capacity would be required within Europe.]]> EU-India Free Trade negotiations. http://sgroup.pro/tpost/zvoexbjro1-eu-india-free-trade-negotiations http://sgroup.pro/tpost/zvoexbjro1-eu-india-free-trade-negotiations?amp=true Thu, 04 Aug 2022 02:00:00 +0300 https://textination.de Today’s trade relations between the EU and India in textiles and clothing are characterised by a large and systemic trade deficit for the EU; annual imports from India exceed €6 bln (2021) – making it the 4th supplier – ...

EU-India Free Trade negotiations.

Opportunity to rebalance trade relations and promote a global sustainable textile industry

Today’s trade relations between the EU and India in textiles and clothing are characterised by a large and systemic trade deficit for the EU; annual imports from India exceed €6 bln (2021) – making it the 4th supplier – while EU exports to India reached just half a billion – the 20th place in our export markets.
Against this background, the free trade negotiations are an opportunity to rebalance that relationship; European textile and clothing companies can offer high quality and innovative products for the Indian market, but they can also offer solutions to reduce the environmental footprint of the textile industry.
EURATEX, as the voice of textiles and apparel manufacturers in Europe, supports an ambitious EU trade agenda, that puts reciprocity, transparency, fair competition and equal rules at the centre of its action. The FTA is an opportunity to establish a more sustainable and fair trading system, based on rules, global environmental and social standards, which are effectively respected by all.
In this context, EURATEX highlights that the sector needs open and efficient markets, but combined with effective controls where necessary, thus ensuring level playing field for European companies. It is clearly essential that the same level of market access to India – both in terms of tariff and non-tariff barriers – is available to EU producers as vice versa.
India today benefits from reduced customs duties due to GSP. For European companies instead, market access to India is challenging, facing non-tariff barriers (related to proof of origin, quality control procedures, etc.) as well as national or state-level support programmes which distort the level playing field between EU and Indian companies.
That level playing field should also apply to our sustainability targets. As the EU will roll out its EU Textile Strategy, setting ambitious standards and restrictions (e.g. on chemicals), we must ensure the FTA is fully aligned with that strategy.
Director General Dirk Vantyghem commented: “We look to these negotiations with great interest. The FTA is an opportunity to develop a shared ambition between the European and Indian industry to make sustainable textiles the norm, and to create a regulatory framework where our companies can compete in a free and fair environment.”
More information:
India Euratex Free Trade Agreement
Source:
EURATEX]]> NCTO: China Penalty Tariffs on finished textiles and apparel to be maintained. http://sgroup.pro/tpost/jzyez3kj01-ncto-china-penalty-tariffs-on-finished-t http://sgroup.pro/tpost/jzyez3kj01-ncto-china-penalty-tariffs-on-finished-t?amp=true Thu, 21 Jul 2022 02:00:00 +0300 https://textination.de Section 301 penalty tariffs on finished Chinese textile and apparel imports give American manufacturers a chance to compete and provide trade officials with an essential trade negotiation tool, the National Council of Textile Organizations (NCTO) ...

NCTO: China Penalty Tariffs on finished textiles and apparel to be maintained.

China Penalty Tariffs on Finished Textiles & Apparel Give U.S. Companies a Chance to Compete and are a Powerful Trade-Negotiation Tool, NCTO Tells U.S. International Trade Commission

Section 301 penalty tariffs on finished Chinese textile and apparel imports give American manufacturers a chance to compete and provide trade officials with an essential trade negotiation tool, the National Council of Textile Organizations (NCTO) told a key government panel today in a formal written submission. Removing them, the association said, would reward China, put U.S. manufacturers at a competitive disadvantage and do nothing to reduce inflation.
Those were among the key points outlined by NCTO President and CEO Kim Glas in a written testimony submitted to the U.S. International Trade Commission during three days of hearings on the economic impact of Section 301 China tariffs and Section 232 steel tariffs on U.S. industries.
The 301 penalty tariffs should be maintained “absent substantive improvements in China’s pervasive, predatory trade practices,” Glas said in her testimony. China’s illegal actions “have put U.S. companies at a serious disadvantage, and tariffs give American manufacturers a chance to compete.” Glas noted that U.S. trade officials have “stressed that the penalty tariffs also create leverage and are a ‘significant tool’ in ongoing negotiations with China.”

While some advocates for lifting the tariffs point to concerns about inflation, Glas said, “canceling these penalty duties would do little to ease Americans’ inflationary pains.” She also noted that “apparel prices out of China continue to hit rock bottom even with the Section 301 tariffs in place. As detailed in an economic study recently released by Werner International, U.S. import prices for apparel from China have dropped 25 percent since 2019 and 50 percent since 2011.”
Glas also warned that lifting the tariffs would have “a substantial negative ripple effect” on U.S. free-trade agreements, including undermining those with Western Hemisphere partners that have established shorter coproduction supply chains and serve other U.S. and regional interests.
The Section 301 tariffs were first imposed in 2018 in response to China’s persistent violations of intellectual property rules. By law, they are now under review.
More information:
NCTO Tariffs China Penalty Tariffs
Source:
National Council of Textile Organizations]]> 7 BEST TEXTILE WHOLESALE BUSINESSES IDEA. http://sgroup.pro/tpost/1g8a9og0k1-7-best-textile-wholesale-businesses-idea http://sgroup.pro/tpost/1g8a9og0k1-7-best-textile-wholesale-businesses-idea?amp=true Tue, 05 Jul 2022 02:00:00 +0300 https://textilevaluechain.in Are you willing to start a wholesale business with textile products? The textile industry gives you a profound opportunity to start a wholesale business with a vast collection of different products.

7 BEST TEXTILE WHOLESALE BUSINESSES IDEA.

Are you willing to start a wholesale business with textile products? The textile industry gives you a profound opportunity to start a wholesale business with a vast collection of different products. Most people who are thinking of starting a wholesale business consider Textile products since it is easily accessible. So, seeking to know about the best textile wholesale business ideal.
In terms of textile products, there are several categories that you can consider to start your wholesale business. Product categories like men’s clothing, women’s clothing, and Baby and kids’ clothing give you much more opportunity to get the sale. These products have a considerable demand.
Here in this article, I’m going to discuss the top 7 best textile wholesale businesses idea. Continue reading this article if you are really willing to start a wholesale business with textile applications.

WHY SHOULD YOU CONSIDER TEXTILE AS A WHOLESALE BUSINESS?

The wholesale textile business is one you may start if you have experience in the textile industry or an understanding of fashion. Profit from your connections with manufacturers by starting a company that sells to apparel shops. Today, wholesale, particularly wholesale textiles, is among the business trends that are expanding.
This is due to the fact that a wholesale clothes business, unlike any other wholesale enterprise, is always in demand. One of the reasons is because clothing is one of humanity’s basic requirements, and stylish clothing lines are constantly in demand. However, there are several vital facts that a prospective distributor should be aware of before establishing a wholesale textile business.

MEN’S CLOTHING

Men’s clothing is one of the best textile product categories that you can select to start a wholesale business. It is an ideal category since there are a lot of products included in this category. Men’s clothing like pants, shirts, T-shirts, and other items has a lot of demand on the market.
Men’s clothing items provide you with an opportunity to attract a lot of buyers from the marketplace. However, if you are thinking about the accessibility of the products, then there is really nothing to concern. You can get high-quality Men’s clothing wholesale from different manufacturers at a reasonable price.

WOMEN’S CLOTHING

In the textile industry, women’s product items are more versatile than men’s. Also, the demand for women’s clothing is really higher. So, starting a wholesale business with women’s clothing will really benefit you. You can make your wholesale business more sophisticated with so many different fabrics and countless products.
T-shirts, Hoodies & Sweatshirts, Tanks & Camisoles, Bottoms, Pullovers, Skirts, Shorts & Hot Pants are some of the most demandable women’s clothing items. However, you can get a total idea about women’s clothing from the Wholesale7 website. The market research gives you a decent idea about trading women’s clothing.

CHILDREN’S CLOTHING

Over the course of the last several years, the market for children’s clothes has seen significant expansion. You may have the freedom to work in an area that interests you while having the satisfaction of being your own boss if you launch a company selling apparel for children, despite the fact that you should be ready to put in a lot of hard work and put in long hours of labor.
If you are effective at it, you may get a lot of gratification. There is a wide selection of children’s apparel to choose from. Conduct market research to determine which children’s clothing goods are most in-demand, then launch your own clothing brand.

TEXTILE ACCESSORIES

There is a huge demand for accessories in various textiles in the current system. So, to start a wholesale business, you can choose accessories in different textiles. The most famous textile accessories for women include handbags, parts, side bags, hijabs, and many more.
There is also a lot of demand for some traditional textile accessories for boys. In addition to caps, hats, underwear, belts, and many more products are available. You can start a wholesale business with this huge collection of products produced by Textile for both men and women.

LEATHER GARMENT

Leather Garments are another considerable category for wholesale business. Leather applications are gaining customer demand day by day. Leather products are much more unique than other materials in the textile industry. In the fashion apparel market, leather has earned a reputation among both men and women, young as well as old.
Leather can be used to manufacture different products. Leather jackets, leather bags, shoes, and leather belts mostly demand full products on the marketplace. Leather clothes are not only unique, but they are also very fashionable. So, you can start a leather garments wholesale business today.

FURNISHINGS AND HOME DECOR

One of the fastest-growing industries in the world is home furnishings and décor. This is due to the fact that an increasing number of individuals are purchasing homes, necessitating the purchase of furniture and other goods for home décor.
In this sector, you may sell a wide range of goods. It’s no surprise that the majority of merchants are searching for wholesale home décor suppliers to assist stock their shelves with goods that will move swiftly. As a result, many retailers will be willing to buy your furniture and home décor collections in bulk.

FABRIC WHOLESALE BUSINESS

If you are willing to start a wholesale textile business, then you can start with a fabric wholesale business. It is one of the most profitable textile wholesale businesses. Both business-to-business and business-to-consumer interactions are in constant demand for fabric.
Fabrics are available in different types as well as qualities. Cotton, polyester, Viscose, Velvet, wool, and denim fabric are some of the demandable fabrics. In order to succeed in a wholesale fabric company, it is essential to target a certain market and have a solid supply source.

WRAP UP

In conclusion, this article may help you to get start a wholesale textile business. Here we discussed the top 7 textile wholesale businesses’ ideas. All you have to do is target one of the sectors and then start your wholesale business today. Best Of Luck!
Md Mahedi Hasan
B.Sc. in Textile Engineering
Textile Engineering College, Noakhali]]> DENIM INSULATION. http://sgroup.pro/tpost/4li705idd1-denim-insulation http://sgroup.pro/tpost/4li705idd1-denim-insulation?amp=true Mon, 13 Jul 2020 02:00:00 +0300 https://textilevaluechain.in Next time you pull on a pair of jeans, consider this: You can use denim to keep your house cool in the summer and warm in the winter.

DENIM INSULATION.

Next time you pull on a pair of jeans, consider this: You can use denim to keep your house cool in the summer and warm in the winter. Though it costs nearly twice as much as fiberglass, denim insulation (also known as cotton fiber) offers significant advantages over traditional insulation materials. When you’re finished with your favorite pair of jeans, what do you do with them? If you’re like most people, you give them to a younger family member, donate them to a local charity, such as Goodwill, sell them on consignment or throw them away. Unfortunately, this last option is one we all choose too often — each year, almost 24 billion pounds (nearly 11 million metric tons) of clothing including jeans end up in landfills, where they can remain, depending on the material used and the conditions in the trash heap, for years. That’s not a very green way to handle your blues. Luckily, there’s a new use for old jeans that protects our planet and improves living conditions inside your home. It’s known as denim insulation, and it’s been finding its way into some high-profile buildings in recent months. For example, the California Academy of Sciences, a museum that stands as the very symbol of sustainable architecture, used denim for 68 percent of its insulation needs.

But what exactly is denim insulation? Is it, literally, blue jeans turned into batting, or pieces of thermal insulation? The short answer is yes, although it’s slightly more complicated than that. A company by the name of Bonded Logic developed the material over 35 years and owns patents to the manufacturing process. The end product of that process is UltraTouch Insulation, which contains 80 percent post-consumer recycled natural fibers — fibers derived directly from your stone-washed, acid-washed or perhaps never-washed denim. We’d be remiss if we didn’t mention that other companies, such as Applegate Insulation and Le Relais, for instance, have dabbled in denim insulation and will continue to do so as this insulation trend grows. In this article, we focused on Bonded’s product simply due to its longevity in the space.
Blue and Green. If sustainability is a priority in your project, you may appreciate that denim insulation is made from post-consumer recycled natural fibers in a low carbon-footprint process. Companies collect old blue jeans and resell the loose fibers to insulation manufacturers. In this way, Bonded Logic, one of the first and largest manufacturers of denim insulation, diverts an estimated 300 tons of the material away from landfills every month.
Breathe Easier. Denim can help improve indoor air quality, because it contains no VOCs (volatile organic compounds)—chemicals that may emit polluting gases that contribute to asthma and allergies.
high-performance insulation that’s made from scraps and clippings from the manufacture of denim clothing. This insulation is suitable for residential and commercial use in the same places as fiberglass or mineral wool batts would be used—between open roof rafters, ceiling joists and wall studs.
Recycled denim insulation offers these advantages over traditional fiberglass insulation:
• Sustainability. It typically contains 85 percent recycled content. Also, the natural cotton fibers are 100 percent recyclable at the end of the insulation’s usable life.
• Eco-friendliness. By using post-industrial material, companies that produce recycled denim insulation divert waste destined for landfills. One company estimates that it diverts 200 tons a month. In addition, the manufacturing process for this insulation requires much less energy than the manufacturing of fiberglass insulation.
• Excellent thermal performance. Using recycled denim insulation results in higher HVAC efficiency and lower energy bills.
• Better indoor acoustics. Denim insulation’s acoustic ratings are about 30 percent higher than those for traditional insulation, creating a quieter interior for homeowners.
• Better indoor air quality. Recycled denim contains no volatile organic compounds or formaldehyde, which off-gas and pollute a home’s indoor air.
• Improved health and safety. Installing recycled denim doesn’t irritate the skin or the respiratory tract. Moreover, the product requires no carcinogenic warning label. Typically, this insulation is treated with an EPA-approved borate solution that provides a Class A fire-resistance rating, which certifies a product as effective against severe exposure to external fires, not readily flammable and not a contributor to the spread of fire. (Borate has lower toxicity than table salt and is safe for humans and the environment.) It’s also treated with an EPA-registered fungal inhibitor for additional protection against mold, mildew and pests.

A downside to installing recycled denim insulation is that it can cost twice as much as fiberglass for similar insulation effectiveness. Environmental engineers agree, however, that the benefits of removing asthma- and allergy-triggering toxins from a home’s indoor air outweigh the increased expense.
The manufacturing of recycled denim insulation is a zero-waste process. First, scraps of denim fabric are processed to achieve a loose-fiber form that resembles cotton candy. Next, the material is treated for resistance to fire, mold, mildew and pests, blended with bonding fibers and heated. Finally, it’s cut into batts. Any scraps from the manufacturing process can be shredded and returned to the raw material supply.]]> THE GLOBAL TEXTILE INDUSTRY: ALL YOU NEED TO KNOW. http://sgroup.pro/tpost/hh0500kj31-the-global-textile-industry-all-you-need http://sgroup.pro/tpost/hh0500kj31-the-global-textile-industry-all-you-need?amp=true Wed, 10 Nov 2021 03:00:00 +0300 https://textilevaluechain.in The COVID-19 halted the global economy in 2020, and the textile industry was grossly affected too.

THE GLOBAL TEXTILE INDUSTRY: ALL YOU NEED TO KNOW.

The COVID-19 halted the global economy in 2020, and the textile industry was grossly affected too. The Asian continent has been the epicenter of global textile products for decades now, and that status was threatened by the restrictions and prolonged lockdowns in these countries. Not just for the manufacturers, the demand also decreased drastically on the international scene. It was much expected, though, since people’s demand has shifted from what they want to wear to how they want to get better, in all, the producers are bound to be affected.
According to the International Labour Organization (ILO) data, the international textile business experienced a complete collapse in the first half of 2020. It was exemplified when the major textile producing countries, e.g., United States, Japan, and Europe, had a major fall by 70%. The textile industry also suffered a severe decline in raw materials, e.g., Cotton and others.
But it is a good thing normalcy is slowly returning to the industry, but with a slight change in dominance. Before the pandemic, the textile industry has grown to become one of the most progressive industries in terms of growth. Countries like China, India, the United States, and most European countries have been on the loggerhead on who will dominate the industry, but from the look of things, China is not slowing down in its quest to conquer its competitors. While China is the biggest producer of textile products, the United States leads in raw material exportation and leads in terms of garments and textile importation. Other countries that made up the European Union textile giants are Portugal, Germany, Spain, France, and Italy.
India has taken the position as the third-largest textile producer globally and is responsible for over 6% of global textile production. Today, those leading countries in textile production are gradually shifting from traditional textile production to manufacturing more quality products, thus, their rapid augmentation in their machinery. Today, these textile industries are seriously upgrading their machines to more modern installations that can produce high-quality textile products in a given time. These changes are not only helping these companies make better products; they even earn more revenues than before.
The Increase in Demand for Natural Fibers
Natural Fibers are very much different from the traditional textile as we know it: it is relatively lighter but stronger than the traditional textile. Unlike the textile produced with Cotton, natural fibers have both plants and animal skin as the main raw materials. Other known raw materials include hemp, jute, cotton, silk, cashmere, linen, and wool. Natural fibers are widely used in manufacturing construction materials and garments and are even used in the automobile industry to manufacture some interior parts of the car. The countries with the highest production of natural fibers are India, the United States, and China.
Conclusion
Even as the world has started working again, and all the industries are back in motion, we expect a rapid change in the quality of products. Furthermore, you will be expecting a whole new change in sportswear production as seen on liontips.com; till then, keep making the world a better place.]]> China’s textile sector sees a stable expansion in H1 of 2022. http://sgroup.pro/tpost/jr2y83l3u1-chinas-textile-sector-sees-a-stable-expa http://sgroup.pro/tpost/jr2y83l3u1-chinas-textile-sector-sees-a-stable-expa?amp=true Sun, 14 Aug 2022 02:00:00 +0300 https://bangladeshtextilejournal.com The textile sector of China registered stable revenue growth in the first half of 2022, said the official data.

China’s textile sector sees a stable expansion in H1 of 2022.

The textile sector of China registered stable revenue growth in the first half of 2022, said the official data.
According to the Ministry of Industry and Information Technology, the textile companies with an annual main business income of at least 20 million yuan (about $3 million) raked in 2.52 trillion yuan in revenue in the first six months of 2022, up 5.7% year on year,
During the period, the total added value of these companies rose 0.9% year on year.
Moreover, the combined sales of the main retailers amounted to 8.12 trillion yuan in the January-June period, fetching a 0.8% y-o-y growth, data showed.
During this period, the country’s garment exports amounted to $156.5 billion, registering a growth of 11.7%.
However, the data also showed a 17% year-on-year decline in total profits of these companies and slight drops in yarn, cloth and garment output along with the textile sector’s employment levels also went down mildly.]]> US textile & apparel exports up 13.1% in Jan-June 2022. http://sgroup.pro/tpost/ryll855bl1-us-textile-amp-apparel-exports-up-131-in http://sgroup.pro/tpost/ryll855bl1-us-textile-amp-apparel-exports-up-131-in?amp=true Mon, 15 Aug 2022 02:00:00 +0300 https://www.fibre2fashion.com The exports of textile and apparel from the United States went up by 13.10 per cent year-on-year in the first six months of this year.

US textile & apparel exports up 13.1% in Jan-June 2022.

The exports of textile and apparel from the United States went up by 13.10 per cent year-on-year in the first six months of this year. The value of exports stood at $12.434 billion during January-June 2022 compared to $10.994 billion in the same period of 2021, according to data from the Office of Textiles and Apparel, US department of commerce.Category-wise, apparel exports increased by 24.97 per cent year-on-year to $3.489 billion, while textile mill products rose 6.07 per cent to $8.945 billion during the first six months of 2022.

Among textile mill products, yarn exports increased by 21.34 per cent year-on-year to $2.313 billion, while fabric exports were up 3.58 per cent to $4.460 billion and made-up and miscellaneous article exports grew 9.15 per cent to $2.171 billion.

Country-wise, Mexico and Canada together accounted for more than half of the total US textile and clothing exports during the period under review. The US supplied $3.460 billion worth of textiles and apparel to Mexico during the six-month period, followed by $3 billion to Canada and $0.857 billion to Honduras.

In recent years, the US textile and clothing exports have remained in the range of $22-25 billion per annum. In 2014, they stood at $24.418 billion, while the figure was $23.622 billion in 2015, $22.124 billion in 2016, $22.671 billion in 2017, $23.467 billion in 2018, and $22.905 billion in 2019. However, the value dropped to $19.330 billion in 2020 because of COVID-19 pandemic. In 2021, US textile and apparel exports stood at 22.652 billion.

Fibre2Fashion News Desk (KUL)

]]> Expectations for Bangladesh textile and apparel industry in 2022. http://sgroup.pro/tpost/rd61nglkv1-expectations-for-bangladesh-textile-and http://sgroup.pro/tpost/rd61nglkv1-expectations-for-bangladesh-textile-and?amp=true Sun, 30 Jan 2022 03:00:00 +0300 https://www.textiletoday.com.bd Since the advent of Covid-19 in 2020, the world apparel market is going through a series of uncertain situations.

Expectations for Bangladesh textile and apparel industry in 2022.

Since the advent of Covid-19 in 2020, the world apparel market is going through a series of uncertain situations. The pandemic put the textile and apparel industry of Bangladesh into immense distress, ruptured multiple systems, and left it out of breath. Lockdown halted sales, business operations, and disrupted the supply chain. Many workers lost their jobs in the industry. The situation started to ameliorate with positive growth in the year 2021 after an exerted effort by the industry stakeholders. And it is expected that the growth will continue in the year 2022.
Shafiur Rahman, Country Manager, G-Star Raw shared his thoughts on the performance of the textile industry in 2022.
People in 2022 are more familiar with living with viruses, also vaccines are available which helps to enhance confidence. All are anticipating another promising year ahead. However, restructuring, rebuilding, redesigning are the key factors of sustaining nowadays. Investment in up-scaling people & technology should be based on the long-term plans as the chance of sustaining for technologically leading companies will be higher.
The RMG industry is not getting a sufficient workforce as a consequence of reducing the number of helpers on the floor, squeezing entry pathways to become operators which are creating a skilled workforce crisis. Easy way to connect with training centers & bigger scale industrial zone wise or rural training center may help to mitigate this crisis. Aligning people with technological upgrades and adapting to new technology will be another challenge and surely opportunity too.
Developing a talented team to sustain business growth & smooth supply chain, enhancing managerial skills by proper training for creating a problem-solving mindset, the ability to accept failure & its analysis, being ready to take risk, adapting frequent changes & knowledge on high-tech will be key factors.
Collaboration & integration of horizontal and/or vertical research units for Innovations will be another key challenge to win in the super-competitive market.
Training people along with upgradations of the right technology can help to build a sustainable value chain which is the path of a smart factory too, Towards Leadership 4.0, Textile 4.0, Apparel 4.0, Industry 4.0.]]> Morocco’s textile & apparel industry association joins ITMF. http://sgroup.pro/tpost/536l2vdnp1-moroccos-textile-amp-apparel-industry-as http://sgroup.pro/tpost/536l2vdnp1-moroccos-textile-amp-apparel-industry-as?amp=true Sun, 06 Jun 2021 02:00:00 +0300 https://www.textiletoday.com.bd AMITH, the Moroccan textile and apparel industry association, joined The International Textile Manufacturers Federation (ITMF) as a new member association in May 2021. AMITH represents the entire textile and apparel value chain of Morocco.

Morocco’s textile & apparel industry association joins ITMF.

AMITH, the Moroccan textile and apparel industry association, joined The International Textile Manufacturers Federation (ITMF) as a new member association in May 2021. AMITH represents the entire textile and apparel value chain of Morocco.
There are about 1,200 companies in this industry. At the same time, the industry employs about 195,000 people. In 2019, the export revenue of the Moroccan textile and garment industry has reached about € 3.5 billion.
ITMF founded in 1904 is the international forum of the global textile value chain. Its members are textile and garment-producing countries. Those represent about 90% of global production.
Dr. Christian Schindler, director-general of ITMF, said in a press release. “With AMITH joining ITMF a win-win situation is created. An important player and voice of North Africa’s textile and apparel industry will make use of the international network and platform that in return will be benefited from AMITH’s perspective and input.”
Fatima-Zohra Alaoui, AMITH general manager also said, “Joining ITMF provides us and our members with a unique access to a platform of the global textile value chain.”
As the world is getting more and more integrated, so cooperation along the textile value chain and understanding its complexity is supreme.]]> Tanzanian government stepping forward to grow textile business. http://sgroup.pro/tpost/262ue1s351-tanzanian-government-stepping-forward-to http://sgroup.pro/tpost/262ue1s351-tanzanian-government-stepping-forward-to?amp=true Tue, 25 May 2021 02:00:00 +0300 https://www.textiletoday.com.bd The textile and garment industry has contributed a lot to the development of Tanzania’s economy. And so, the Tanzanian government has decided to mobilize the development of the textile and garments industry.

Tanzanian government stepping forward to grow textile business.

The textile and garment industry has contributed a lot to the development of Tanzania’s economy. And so, the Tanzanian government has decided to mobilize the development of the textile and garments industry. The government will work towards improving the ease of doing business in the country.
For this, the Ministry of Industry and Commerce is in the process of reviewing 22 laws and consulting stakeholders in various industries to implement regulatory reforms to improve the business environment.
Last week, the Tanzanian government amended two laws in the 2021-22 budget through the Finance Act 2020.
At the same time, the Trade Remedies Act of 2021 is being introduced to protect local businesses, control imports of goods and control market distortions, so that subsidized products can enter the local market at lower prices.
The proposed law has already been submitted to the government for further action, Tanzanian media reported, quoting Industry and Commerce Minister Kitila Mkambo.
Mkambo said the country’s government seeks to improve various policies and laws to create a conducive business environment. Because it helps businesses to create markets for local products.
More than 232 taxes, fees, and tariffs have already been abolished in Tanzania, in consultation with ministers and government officials, in a bid by President Samia Suluhu Hassan to improve business comfort in Tanzania and amend laws barring investment.]]> Textiles sales are expected to exceed US$ 1,440 Bn by registering a CAGR of 3.77 percent. http://sgroup.pro/tpost/zs9n5afzj1-textiles-sales-are-expected-to-exceed-us http://sgroup.pro/tpost/zs9n5afzj1-textiles-sales-are-expected-to-exceed-us?amp=true Mon, 26 Sep 2022 02:00:00 +0300 https://textalks.com The global sales of textile are likely to garner a market value of US$ 995 Bn in 2022 and is expected to register a CAGR of 3.77 percent by accumulating a market value of US$ 1,440 Bn through the assessment period 2022-2032

Textiles sales are expected to exceed US$ 1,440 Bn by registering a CAGR of 3.77 percent.

The global sales of textile are likely to garner a market value of US$ 995 Bn in 2022 and is expected to register a CAGR of 3.77 percent by accumulating a market value of US$ 1,440 Bn through the assessment period 2022-2032
The textile industry mainly functions on designing, production, and distribution of materials such as yarn and clothing. Knitting, crocheting, and weaving are largely used to produce a wide range of finished and semi-finished goods for different end user industries such as bedding, clothing, apparel and medical.
From 2015 to 2021, the global sales of textile market experienced a CAGR of 3 percent, surpassing US$ 990 Bn by the end of the said historical period. A rising global population combined with increased applications of different textile grades across multiple end use industries has led to increased demand in the recent past. While demand across several end use industries stalled, the healthcare domain experienced a spike in textile demand during the COVID-19 pandemic. Given the exponentially rising hospitalization rates, hospital staff and patients alike were required to wear clothing which would prevent transmission of the virus, including face masks, gloves, and protective gear.
Penetration of online platform to sell and distribute goods made from textiles is driving demand. In addition, an increase in the demand for apparel from the fashion industry from all age groups is increasing the sales of textiles. Thus, the sales of textile are expected to exceed US$ 1,440 Bn by registering a CAGR of 3.77 percent the forecast period 2022-2032.
Fast-changing fashion trends due to an increase in online fast fashion companies along with continuous changing fashion trends are driving the sales of textiles. Moreover, increasing trend of using smart textiles such as optical fibers, metals, and various conductive polymers that interact with the environment has changed the face of the textile industry.]]> Turkish textile industry recorded as the 5th largest textile exporter. http://sgroup.pro/tpost/kohrfvm9z1-turkish-textile-industry-recorded-as-the http://sgroup.pro/tpost/kohrfvm9z1-turkish-textile-industry-recorded-as-the?amp=true Tue, 27 Sep 2022 02:00:00 +0300 https://textalks.com The Turkish textile industry, the world’s 5th largest textile exporter, reached the highest record of all time with an export value of 12.9 billion dollars with an increase of 33.2 in 2021.

Turkish textile industry recorded as the 5th largest textile exporter.

The Turkish textile industry, the world’s 5th largest textile exporter, reached the highest record of all time with an export value of 12.9 billion dollars with an increase of 33.2 in 2021. The industry has experienced an increase in exports in approximately 85 percent of the more than 200 countries and regions it exports to.
It reached the highest monthly export figure of all times in December, increasing 18.2 percent compared to the same period of the previous year, with an export figure of 1.2 billion dollars. The figures increased by 2.1 percent compared to November 2021 and had a share of 5.4 percent in Turkey’s overall exports.
In December 2021, Turkey’s general exports increased by 24.9 percent and reached a value of 22.3 billion dollars, while exports of industrial products increased by 27.6 percent and reached a value of 16.9 billion dollars. The average capacity utilization rate of the manufacturing industry for the last 12 months was 76.6 percent, according to the capacity utilization report announced by the Central Bank of the Republic of Turkey. In the same period, the capacity utilization rate, which was 80.5 percent in the production of textile products.
Turkey broke the historical record of the republic in exports to European, American, Asian, African Continents and Turkic Republics. We achieved the highest textile export of all time to 96 countries and regions. One of the most pleasing developments for our industry was experienced in our exports to the USA. In 2021, we shipped 839 million dollars’ worth of exports to the USA, one of our biggest target markets. We have been steadily increasing our exports to the USA in the last 3 years. In 2022, textile industry expects to export more than 1 billion dollars to the USA.
The most exports of textiles and raw materials were made to EU (27) countries in the January-December period of 2021. Exports to EU countries reached a value of 12.9 billion dollars with an increase of 33.8 percent compared to the January-December period of last year. While the second group of countries to which Turkey exports the most textiles and raw materials in 2021 was the Former Eastern Bloc Countries, exports to this region increased by 30.2 percent in the January-December period, reaching 1.4 billion dollars. Exports to EU countries on a quantity basis increased by 23.5 percent and amounted to 2.9 million tons in the January-December period of 2021.]]> Reshoring of textile and apparel to U.S. and Central America. http://sgroup.pro/tpost/3tl8aihbf1-reshoring-of-textile-and-apparel-to-us-a http://sgroup.pro/tpost/3tl8aihbf1-reshoring-of-textile-and-apparel-to-us-a?amp=true Wed, 28 Sep 2022 02:00:00 +0300 https://textalks.com A new partnership between educational institutions in the U.S. and Honduras aims to facilitate the continued reshoring of textile and apparel production to the U.S. and Central America

Reshoring of textile and apparel to U.S. and Central America.

A new partnership between educational institutions in the U.S. and Honduras aims to facilitate the continued reshoring of textile and apparel production to the U.S. and Central America
A memorandum of understanding between North Carolina State University, Gaston College, and Catawba Valley Community College in the U.S. and Universidad Technologica Centroamericana in Honduras highlights “the need for a skilled, capable, resilient workforce to support a rapidly growing textile industry in the region of the Northern Triangle of Central America.” Between the textile programs offered by Gaston, CVCC, and NC State, which range from certificate-based training to advanced degrees, and the engineering and technical education offered by UNITEC, the MOU states that “these partners have the capability to deliver the training and education necessary” to develop such a workforce.
Toward that end, these institutions have agreed to collaborate in the areas of (1) professional training courses in textiles to be jointly marketed and delivered online and in Honduras, (2) certificate programs for academic credit, (3) associate, bachelor’s, and graduate degree programs in textile-related areas of study, (4) funding for scholarships, fellowships, and internships, and (5) future collaborations outside of textile programs.
The State Department said the MOU will strengthen supply chain security and integration as U.S. companies make significant investments in developing co-production facilities in the region. The National Council of Textile Organizations said there has been “a significant shift in sourcing out of Asia to the U.S. and the region” in recent years, where nearly $1 billion in textile and apparel investment is anticipated this year alone.
Last fall U.S. trade officials met with textile executives to discuss their role in diversifying production in light of concerns about “the unreliability of geographically-extended supply chains and the pervasiveness of forced labor.” Similarly, the Coalition for Economic Partnerships in the Americas has called for “building more resilient supply chains and reducing reliance on China” by liberalizing apparel rules of origin under CAFTA-DR and improving apparel production capacity among partner countries in that agreement.]]> US has increased the quota-free on apparel under the African Growth Opportunity Act. http://sgroup.pro/tpost/iatjn7jdl1-us-has-increased-the-quota-free-on-appar http://sgroup.pro/tpost/iatjn7jdl1-us-has-increased-the-quota-free-on-appar?amp=true Sat, 24 Sep 2022 02:00:00 +0300 https://textalks.com This would encourage foreign investment in poverty stricken African countries.

US has increased the quota-free on apparel under the African Growth Opportunity Act.

This would encourage foreign investment in poverty stricken African countries. The efficient garment producers having difficulty in exporting their products from their home base would avail this opportunity. Some fabric producers outside Africa would also be able to increase their exports to be used for apparel manufacturing in Africa.
The Committee for the Implementation of Textile Agreements has announced the fiscal year 2023 (Oct. 1, 2022, through Sept.30, 2023) limits on duty and quota-free imports of apparel articles assembled from regional and third-country fabric under the African Growth and Opportunity Act. Apparel articles entered more than these quantities will be subject to otherwise applicable tariffs.
For apparel articles wholly assembled in one or more AGOA beneficiary countries from fabric wholly formed in one or more beneficiary countries from yarn originating in the U.S. or one or more beneficiary countries, the FY 2023 limit is 2,353,677,080 square meters equivalent (up 13.9 percent from FY 2022). Of this amount, 1,176,838,540 SME (also up 13.9 percent) is available for apparel articles imported under the AGOA third-country fabric provision, which provides preferential treatment for apparel articles assembled in one or more lesser-developed beneficiary countries regardless of the country of origin of the fabric used.]]> An insight of Global textile value chain & clothing trade. http://sgroup.pro/tpost/b3ov0x0bs1-an-insight-of-global-textile-value-chain http://sgroup.pro/tpost/b3ov0x0bs1-an-insight-of-global-textile-value-chain?amp=true Mon, 26 Sep 2022 02:00:00 +0300 https://textalks.com China, is the largest textile and clothing exporter, having a share of 39 percent while India is distant second with 5 percent share.

An insight of Global textile value chain & clothing trade.

China, is the largest textile and clothing exporter, having a share of 39 percent while India is distant second with 5 percent share. The top 5 textile and apparel importing nations are USA, China, Germany, Japan, and United Kingdom.
China is the largest textile producing and exporting country in the world. With its rapid growth over the last two decades, the Chinese textile industry has become one of the main pillars of the country’s economy.
China will undoubtedly dominate the textile sector for many years. Germany: Germany is the runner-up country in exporting garments products 2021 after China. With an export value of $40 billion, Germany is the world leader in the textile and fashion business. In 2021, the EU was the top ranked global clothing importer with a total share of approximately 38 percent of total imports, followed by the U.S., Vietnam, and China.
Morocco, Tunisia, Egypt, Madagascar, and Kenya were the top five apparel exporters of Africa in 2020, and they accounted for 36.24 per cent, 26.07 per cent, 15.64 per cent, 6.50 per cent and 4.60 per cent respectively of the total apparel export from the region.
Bangladesh provides the lowest wages out of the major garment producing countries, where the monthly minimum wage for garment workers is 100 USD. India. There is no way you would not have heard of India being a relatively cheap country, especially in terms of shopping. France is the leading country for the fashion industry in the world, according to the Brands Countries IPX by IFDAQ. With more than 2,300 index points, France was ahead of Italy (2,205 points) and the U.S. (1,866 points).]]> Global textile industries around the world claiming top spots in terms of market value. http://sgroup.pro/tpost/avpdjnx5s1-global-textile-industries-around-the-wor http://sgroup.pro/tpost/avpdjnx5s1-global-textile-industries-around-the-wor?amp=true Thu, 22 Sep 2022 02:00:00 +0300 https://textalks.com Let us see which global textile industries had claimed the top spots after the unpredictable turmoil of the coronavirus pandemic that caused stores to close their doors and eCommerce to boom.

Global textile industries around the world claiming top spots in terms of market value.

Let us see which global textile industries had claimed the top spots after the unpredictable turmoil of the coronavirus pandemic that caused stores to close their doors and eCommerce to boom. The top ten largest textile companies globally based on their market value as of January 2021.
TJX Companies. Framingham, MA, USA with market value $81.99 billion and annual revenues of $32.137 billion. The company comprises seven retail chains and four eCommerce sites, and it retails apparel and home fashions worldwide. TJX operates over 4,500 stores across nine countries on three continents. Businesses falling under TJX Companies include T.J. Maxx, Marshalls, Homegoods, Sierra, Homesense, and T.K. Maxx. The company was founded in 1977 when the first T.J. Maxx opened its doors.
Toray Industries. Chuo City, Tokyo, Japan with market value of $9.49 billion and annual revenue of $17.706 billion. Toray’s operations are organized into the following segments: fibers and textiles, carbon fiber composite materials, functional chemicals, life science, environment and engineering, and “others,” giving it an extremely diverse portfolio across various industries. The company was established in 1926 and now operates in twenty-nine countries as of March 2020. Toray is one of the world’s largest carbon fiber producers and remains one of Japan’s largest producers of synthetic fiber.
V.F. Corporation. Denver, CO, USA market value $33.21 billion, annual revenue $9.239 billion. Formerly known as Vanity Fair Mills, V.F. Corporation was founded in 1899, giving it a long and rich history of over 120+ years. V.F. has manufactured textiles in many different capacities, from silk lingerie in the early 1900s to becoming one of the largest jean makers in the world in the 1980s. V.F. has acquired familiar brands such as Wrangler, The North Face, Eagle Creek, and many others over the years. Today, V.F. has more than 30 brands organized into outdoor, active, and work categories.
Zalando SE. Berlin, Germany market value $27.58 billion, annual revenue $8.269 billion is a multinational eCommerce company that offers clothing, sports products, bags, footwear, and other accessories in seventeen countries. It’s considered one of Europe’s top textile companies. Today, the company operates in seventeen countries and is focused on building infrastructure to sustain a growing digital market for fashion.
Under Armour. Baltimore, MD, USA market value $7.28 billion, annual revenue $4.475 billion is a well-known brand in the US activewear industry. The company produces footwear, sportswear, sports equipment, and toiletries.
Lululemon Athletica. Vancouver, Canada market value $45.35 billion, annual revenue $4.402 billion. Lululemon Athletica is a Canadian textile company specializing in yoga and activewear and general sports apparel and accessories. It was founded in 1998 as a design studio by day and a yoga studio by night until it became a standalone store in 2000. The very first designs were made for women to wear for yoga.
Ralph Lauren Corporation. New York, NY, USA market value $7.58 billion annual revenue $4.401 billion. Lauren Corporation is a global leader in apparel, accessories, home, and fragrances. The company is known for producing high-end luxury products with brand names like Polo that are widely recognized worldwide. Ralph Lauren became an American cultural icon, and even though he stepped down from his CEO position in 2015, his brand continues to be a fierce contender on the global stage.
Prada. Milan, Italy market value $16.90 billion annual revenue $3.48 billion. Prada is a well-known, high-end brand name. The company produces luxury products such as leather handbags, perfumes, shoes, cosmetics, eyewear, watches, and other fashion products. Prada has established itself as one of the most iconic fashion brands in history, and it remains one of the world’s largest textile companies today.
Shenzhou International Group Holdings. Ningbo, Zhejiang, China Market Value (Jan 2021): $29.47 billion. Shenzhou International Group Holdings is a clothing manufacturer based in China. The company claims that it is the “largest vertically integrated knitwear manufacturer in China.” It manages the production, dyeing, finishing, printing, embroidering, cutting, and sewing of knitwear and other fabric-related materials in addition to providing packing and logistic services.
PVH Corporation. New York, NY, USA Market Value (Jan 2021): $6.68 billion 2021 Annual Revenue: N/A Formerly known as the Phillips-Van Heusen Corporation, PVH operates in over forty countries and focuses on producing high-quality fashion and lifestyle products. The company owns well-known brands including Van Heusen, Tommy Hilfiger, Calvin Klein, Geoffrey Beene, and others. PVH has nine brands and operates more than six thousand retail locations in over forty countries. It also manages more than two thousand factories.]]> Major textile economies serving global consumers are facing bottlenecks. http://sgroup.pro/tpost/6777zusip1-major-textile-economies-serving-global-c http://sgroup.pro/tpost/6777zusip1-major-textile-economies-serving-global-c?amp=true Thu, 13 Oct 2022 02:00:00 +0300 https://textalks.com Every major textile economy serving global consumers is facing bottlenecks caused by increase in the cost of raw materials, infrastructural deficiencies, supply chain disruption and environmental challenges.

Major textile economies serving global consumers are facing bottlenecks.

Every major textile economy serving global consumers is facing bottlenecks caused by increase in the cost of raw materials, infrastructural deficiencies, supply chain disruption and environmental challenges. Current global recession is not helping their cause.
India and China are the two countries that are self-sufficient in fibers (both cotton and manmade fibers). The textile players in these countries are under as much strain as the countries where there is shortage of raw materials. There is a yarn glut in global markets that has pulled down yarn prices below the production cost. The global recession has checked the usual flow of orders of value-added textiles in developed economies.
Europe and the United States are in recession. These two markets account for around 45 percent of the total apparel consumed worldwide. China, the largest textile player, depends on orders from Western economies. India, Bangladesh, Vietnam, Pakistan, and Cambodia export around 50 percent of their textiles and clothing to Europe and the United States. Besides decline in orders recession has another flip side and that is the danger importers of textiles in these regions going bankrupt. In that case the entire payment of the textile consignment would be struck-up. It has caused many exporters in Bangladesh and India irreparable damage.
Pakistani exporters are also vulnerable to bankruptcy risk of their buyers. Apparel exporters in Pakistan mostly are small self-made players. They lack the capacity to absorb total loss of any consignment due to bankruptcy or default of their buyers.
The competition in apparel trade globally is so sharp that most of the SMEs involved in apparel exports operate on thin margins. This is particularly true for those that produce low value-added apparel. During recession there is comparatively high demand for low value garments, still the demand is much less than normal times. These garment producers must operate at high risk of their buyers going bankrupt. Normally prices go down sharply during recessions but in case of textiles the rates of inputs like cotton have gone high and that of finished products gone down. All global apparel producers are facing the dilemma of buying raw materials at high prices and selling the finished goods at loss.
The global competition in apparel trade has intensified as supplies and capacities are higher than demand. Most governments try to protect their value-added apparel sectors through incentives, concessional loans, and subsidies. This is because bulk of the employment in textiles is created by apparel producers. Protecting the apparel sector also protects millions of jobs. The Textile apparel sector provides jobs to over 90 million workers worldwide. Majority of these workers are women. In Pakistan the subsidies in the textile sector are provided across the board. Government must come up with special incentives for apparel exporters.]]> India’s textiles industries suffering badly as per the Index of Industrial production. http://sgroup.pro/tpost/ggobjpfom1-indias-textiles-industries-suffering-bad http://sgroup.pro/tpost/ggobjpfom1-indias-textiles-industries-suffering-bad?amp=true Fri, 14 Oct 2022 02:00:00 +0300 https://textalks.com Manufacture of textiles carry a weight of 3.2913 percent in overall industrial production in India.

India’s textiles industries suffering badly as per the Index of Industrial production.

Manufacture of textiles carry a weight of 3.2913 percent in overall industrial production in India. The manufacturing of textiles index fell to 105.5 in August 2022 from 120.2 in August 2021. During April -August 2022 the manufacture of textile dipped by 4 percent compared with the same period of 2021. The cumulative index also came down from 113.8 to 109.3.
Manufacture of wearing apparel has a weight of 1.3225 in overall IIP of India. The decline in apparel index was sharper than that of manufactured textiles. The apparel index slipped to 117.7 in August 2022 from 144.1 in the corresponding period of last year depicting a decline of 18.3 percent. The performance of the apparel sector on August 22 must be a cause of worry for apparel players. The apparel sector was performing well before August. This is reflected in cumulative index that managed to register a growth of 26.6 percent to reach 136.2 from 107.6 of April-August 2021.
IIP reflects the sluggish demand of the textile value chain that resulted in decline in prices. The Indian textile industry had been facing a shortage of cotton coupled with sky-rocketing prices. The demand according to industry sources has further declined.

]]> Weather impact on the Indian cotton production. http://sgroup.pro/tpost/9d2d6z8zb1-weather-impact-on-the-indian-cotton-prod http://sgroup.pro/tpost/9d2d6z8zb1-weather-impact-on-the-indian-cotton-prod?amp=true Wed, 12 Oct 2022 02:00:00 +0300 https://textalks.com Uncertain weather and higher than expected rains have upset the forecast of cotton output in India.

Weather impact on the Indian cotton production.

Uncertain weather and higher than expected rains have upset the forecast of cotton output in India. At the beginning of August Indian Cotton Association estimated the crop in Northern India to cross 58 lakh bales, the latest estimates are only 51 lakh bales.
On August 01, this year the ICAL predicted that cotton production would increase by 23.40 per to 58.3 lakh bales of 170kg each in Northern India including Rajasthan during the new season 2022-23.
Traditionally the new cotton season in India starts in October and ends in September next year. But this year the crop started arriving much earlier and was expected to pick pace by the mid of September. The crop size in different regions of North India according ICAL was 19.49 lakh bales in Haryana, up from 15.11 lakh bales in the previous season. The production in Punjab was likely to decrease to 6.89 lakh bales from 7.21 lakh bales of last season.
However, after its meeting this week, the ICAL had to revise its estimates of cotton production to 51 lakh bales of 170kg each for marketing year 2022-23. The production estimates cover the region comprising Punjab, Haryana, upper Rajasthan, and lower Rajasthan. Slower growth of the cotton plant due to wet weather is expected to lead to the lower productivity.
Meanwhile traders warned that cotton prices would move upwards as a result of decline in cotton output this season. In fact, the cotton prices posted a gain of INR75 per maund (37.5 kg) at the start of the week to INR7200-7250 per maund in ready trade. It is equivalent to Rs. 20160-20300 per maund in Pakistani currency.]]> Textile and Apparel Sourcing Statistics 2022. http://sgroup.pro/tpost/oxt6po9oy1-textile-and-apparel-sourcing-statistics http://sgroup.pro/tpost/oxt6po9oy1-textile-and-apparel-sourcing-statistics?amp=true Mon, 10 Oct 2022 02:00:00 +0300 https://textalks.com

Textile and Apparel Sourcing Statistics 2022.

Importers of textiles and apparel continued to diversify their sourcing in August, according to statistics from the Department of Commerce’s Office of Textiles and Apparel, as volumes from non-traditional suppliers continued to increase.
Textile and apparel imports totalled 9.14 billion square meter equivalents in August 2022, down 8.6 percent from July and 0.6 percent from August 2021. Textile imports totalled 6.08 billion SME, down 14.0 percent for the month and 4.2 percent from the previous year, while apparel imports of 3.06 billion SME rose 4.1 percent from July and 7.6 percent from a year before.
Total year-to-date imports were 76.2 billion SME, up 29.0 percent from the previous year, as textile imports rose 33.0 percent to 53.7 billion SME and apparel imports gained 20.6 percent to 22.6 billion SME.
Total imports for the year ending in August 2022 were 111.5 billion SME, up 28.7 percent from a year earlier. Textile imports gained 32.4 percent to 78.1 billion SME while apparel imports rose 20.9 percent to 33.3 billion SME.
OTEXA has reported the following statistics on textile and apparel imports from major source countries for August 2022.

]]> Asian textile sector facing setback due to multiple obstacles. http://sgroup.pro/tpost/l0o68to7h1-asian-textile-sector-facing-setback-due http://sgroup.pro/tpost/l0o68to7h1-asian-textile-sector-facing-setback-due?amp=true Mon, 17 Oct 2022 02:00:00 +0300 https://textalks.com Textile industries in India, Pakistan and Bangladesh fulfilled gas needs from cheap gas imported from Gulf countries.

Asian textile sector facing setback due to multiple obstacles.

Textile industries in India, Pakistan and Bangladesh fulfilled gas needs from cheap gas imported from Gulf countries. Most industries produced power from this gas. The gas prices have touched the roof increasing the cost of production of yarn and fabric.
The basic textile sector (yarn and fabric) consumes more power and energy in their processes. Power accounts for 30 percent of the production cost now. In Pakistan the gas supplies to the industries are subsidized but after increase in global gas rates gas tariff has been enhanced from$6 per mmbtu to $9 per mmbtu an increase of 30 percent. This increase has been accompanied with a huge increase in cotton rates. The yarn prices however have come down.
The value added sector consumes much less power and the impact of power on their processes is limited to 5-7 percent of the total production cost of the finished products. They may not be impacted by increase in gas as much as they will be on increase in yarn rates. The story is almost the same in the textile sectors of India and Bangladesh.
Energy crisis has engulfed the European Union because of the suspension of gas supplies from Russia after the Ukraine war. The Europeans looking for alternate sources have turned to Asian suppliers for gas supplies.
Russian gas was cheaper than the prices quoted by Asian suppliers before the war. The rush of European buyers to secure Asian gas not only resulted in manifold increase in gas prices but also choked supplies for Asian consumers like India, Pakistan, and Bangladesh. The three countries have contracts with Qatar, the largest gas supplier for a certain quantity.
Additional supplies, if required, were easily purchased from vessels carrying gas in the open sea. Before the Ukraine war the excess gas from Gulf countries was available from floating vessels in the Arabian sea at the same or less than the contracted rates at which the gas was supplied to the Asian economies. Now these floating vessels sell gas at exorbitant rates and the European buyers totally starved of gas gladly buy it leaving Asian buyers high and dry.]]> Nigeria Losses $27bn annually to low fashion export. http://sgroup.pro/tpost/d61libezz1-nigeria-losses-27bn-annually-to-low-fash http://sgroup.pro/tpost/d61libezz1-nigeria-losses-27bn-annually-to-low-fash?amp=true Wed, 05 Oct 2022 02:00:00 +0300 https://textalks.com Nigeria loses about $27 billion annually for being unable to export its fashion products, a fashion expert has said.

Nigeria Losses $27bn annually to low fashion export.

Nigeria loses about $27 billion annually for being unable to export its fashion products, a fashion expert has said. The fashion expert, Mrs. Alison Amuta, who is Chief Executive Officer (CEO) of Beauty Green Africa Limited, stated this on Tuesday at a Nigerian fashion sensitization workshop organized by the Nigerian Export Promotion Council (NEPC) in Makurdi, Benue state.

In her presentation, she said: “Nigeria loses to a tune of $27bn dollars annually because of insufficient capacity to export Nigeria fashion products. These products unfortunately are well sought after outside the shores of Nigeria so we have outsiders, foreigners coming into Nigeria and branding those things in their fashion brand names and exporting them and getting revenue and repatriation for our hard work,” she said.

The NEPC Executive Director/Chief Executive Officer, Dr. Ezra Yakusak, noted that the country’s fashion and textile industry is the second largest in Africa. Yakusak, who was represented by the head of NEPC Makurdi office, Ben Anani, said: “The annual revenue for Africa has estimated at $6.2bn in 2021/2022 statistics for both fashion and textile industry and Nigeria takes16 percent of that share.”
Representative of the Benue State Commissioner of Trade and Investment, Paul Egbodo, emphasized the need for youths to engage in small-scale business as white-collar jobs were no longer available to enable them to earn a living.]]> Women apparel market to cross $1 trillion by 2027. http://sgroup.pro/tpost/vcf8pct141-women-apparel-market-to-cross-1-trillion http://sgroup.pro/tpost/vcf8pct141-women-apparel-market-to-cross-1-trillion?amp=true Fri, 21 Oct 2022 02:00:00 +0300 https://textalks.com The global market for Women’s Apparel is projected to reach a revised size of US$1 Trillion by 2027, growing at a compound annual growth rate of 4.6 percent during 2020-2027 period according to a study.

Women apparel market to cross $1 trillion by 2027.

The  global market for Women’s Apparel is projected to reach a revised size of US$1 Trillion by 2027, growing at a compound annual growth rate of 4.6 percent during 2020-2027 period according to a study.
Shirts, Blouses, Dresses & Skirts according to the report are projected to grow at a CAGR of 6.4 percent to reach US$213.3 Billion by the 2027. The implications of the pandemic and the economic crisis it created were factored in the report on growth in the women trousers market that is set to post a CAGR growth by 2027.
The Women’s Apparel market in the U.S. is estimated by the report was at US$203.2 Billion in the year 2020. China despite having almost four times more population, is expected to command women ‘s apparel market of 205 billion by 2027 with a CAGR of 7.3 percent during 2020 to 2027. In the other major markets like  Japan and Canada, the growth is expected to clock 2.9 percent and 3.7 percent respectively. In Europe, Germany is in the lead with expected CAGR of approximately 3.5 percent.
The growth in the global Jerseys, Sweatshirts & Pullovers segment, would be led by USA, Canada, Japan, China and Europe with 4.6 percent CAGR. These regional markets accounted for a combined market size of US$78.6 Billion in the year 2020 and are expected to reach US$107.5 Billion by the close of the analysis period.
China, the second largest economy in the world with the world’s largest populationChina will remain among the fastest growing in this cluster of regional markets. The market for Asia-Pacific  dominated by consumption in Australia, India, and South Korea, is expected to reach US$131.6 Billion by the year 2027.  The Latin America market will expand at 5.2 percent.]]> EU fashion industry slipping fast to inflationary juggernaut. http://sgroup.pro/tpost/x7eaum5rr1-eu-fashion-industry-slipping-fast-to-inf http://sgroup.pro/tpost/x7eaum5rr1-eu-fashion-industry-slipping-fast-to-inf?amp=true Thu, 27 Oct 2022 02:00:00 +0300 https://textalks.com The European Union (EU) fashion industry is slipping fast to another inflationary juggernaut, as the September 2022 figures suggest that the inflation rate for clothing and footwear in the EU was recorded at 4.1 percent

EU fashion industry slipping fast to inflationary juggernaut.

The European Union (EU) fashion industry is slipping fast to another inflationary juggernaut, as the September 2022 figures suggest that the inflation rate for clothing and footwear in the EU was recorded at 4.1 percent against 4.2 percent in September 2021.
It was below 3 percent and sustained at that level between Jan to August 21. Covid-19 closures pushed inflation, particularly the transport cost due to the rising energy prices.
It may be noted that the EU had recorded the highest of 4.4 percent back in 2008.
The inflation data for the month of September has rung alarm bells in the textile hubs in South and Southeast Asia. The export numbers of the textile industry are declining in these regions, which are heavily dependent on their supplies to the EU. Already, both the South and Southeast Asian economies have been dampened due to short of orders from the EU coupled with the internal challenges right from the economic crisis in Sri Lanka to floods in Pakistan.
The World Bank has issued a forecast of a 1 percent downward revision in the regional estimates, which was predicted to be 5.8% back in the month of June 22. A drop in growth would have a dire impact on jobs, current account deficits, and exports of the region.
The EU experts believe that a correction in supply-side hurdles put the growth trajectory back on track. However, the impact of the Russia-Ukraine war is looming large and a defeat of Ukraine in the hands of Russia may play further havoc with the EU economies.]]> Bangladesh textile sector under great stress. http://sgroup.pro/tpost/bzjtxmhg71-bangladesh-textile-sector-under-great-st http://sgroup.pro/tpost/bzjtxmhg71-bangladesh-textile-sector-under-great-st?amp=true Mon, 31 Oct 2022 03:00:00 +0300 https://textalks.com Gas crisis has badly hit the Bangladesh textile sector as over 60 percent of its spinning industry is on the verge of closure.

Bangladesh textile sector under great stress.

Gas crisis has badly hit the Bangladesh textile sector as over 60 percent of its spinning industry is on the verge of closure. The crisis started hitting the industry in March this year and has progressively accelerated.
Bangladesh has in recent decades enhanced its spinning capacities to almost the same level as that of Pakistan. Spinning mills consume high power .Most spinning mills used the cheap gas to generate power which reduced their power cost. Due to gas shortage the production of the industry declined by 35-40 percent according to the president Bangladesh Textile Mills Association Mohammad Ali Khoton. He said the mills failed to execute $1 billion orders due to the crisis.
The BTMA president distributed a paper titled Energy issue to the media which revealed that the basic textile sector is being supplied gas for 12 hours per day. This increased the production of yarn two fold to $25 per kg. This he added impacted the competitiveness of the industry. He warned that many factories would close and may default on their bank loans.]]> Global labour market; unemployment set to rise, causing problems for the textile industry. http://sgroup.pro/tpost/0ljni47ob1-global-labour-market-unemployment-set-to http://sgroup.pro/tpost/0ljni47ob1-global-labour-market-unemployment-set-to?amp=true Thu, 03 Nov 2022 03:00:00 +0300 https://textalks.com Unemployment and inequality both look set to rise because multiple and overlapping economic and political crises are threatening labor market recovery worldwide, according to the latest edition of the ILO Monitor on the World of Work.

Global labour market; unemployment set to rise, causing problems for the textile industry.

Unemployment and inequality both look set to rise because multiple and overlapping economic and political crises are threatening labor market recovery worldwide, according to the latest edition of the ILO Monitor on the World of Work.
The world according to ILO is facing a deficit of 40 million full-time jobs. This is not good news for the textile sector that needs full-time workers for their continuous processes. The textile workers that mostly operate in developing and low income countries were deprived of livelihood during covid-19 that lasted for three years from 2019-2022 as factories were closed.
While the shortage in developed economies is of high skilled workers that now provide their skilled services to multiple companies but in the textile economies the textile labor shifted to other professions for earnings near their homes. Many of them did not return to work when covid subsided.
Moreover, according to ILO rising inflation has caused the real wages to sharply fall in many countries. The low paid textile workers suffered most and lost the charm of a full time job. Labour market inequalities are likely to increase, contributing to a continued divergence between developed and developing economies.

“Tackling this deeply worrying global employment situation, and preventing a significant global labour market downturn, will require comprehensive, integrated, and balanced policies both nationally and globally,” said ILO director-general, Gilbert F Houngbo.

“We need the implementation of a broad set of policy tools, including interventions in the prices of public goods; the rechannelling of windfall profits; strengthening income security through social protection; increasing income support; and targeted measures to assist the most vulnerable people and enterprises.”]]> The global Intimate Apparel Market size is expected to reach USD 98 billion by 2030. http://sgroup.pro/tpost/z7t13y6vm1-the-global-intimate-apparel-market-size http://sgroup.pro/tpost/z7t13y6vm1-the-global-intimate-apparel-market-size?amp=true Wed, 07 Dec 2022 03:00:00 +0300 https://textalks.com The Global Intimate Apparel Market size which was around USD 80 billion in 2021 is expected to reach USD 98 billion by 2030

The global Intimate Apparel Market size is expected to reach USD 98 billion by 2030.

The Global Intimate Apparel Market size which was around USD 80 billion in 2021 is expected to reach USD 98 billion by 2030, growing at roughly a CAGR of 2.5 percent between 2022 and 2030 states Custom Market Insights (CMI) in its report.

Undergarments, also known as intimate clothing, are the second layer of clothes worn by men, women, children, and adolescents underneath their outer dresses. These intimate wear are an important component of the worldwide apparel production industry.

Intimate wear, including undergarments, is produced from fine fabric that provides comfort to the user. Undergarment manufacturers regularly experiment with different textile materials to achieve this goal. They use materials like linen, silk, rayon, cotton, nylon, Lycra, and modal. Manufacturers are increasing their research budgets in order to produce better and more comfortable undergarments.

Youngsters prefer buying from online stores and look for the best deals from famous brands that regularly come up with new styles endorsed by top celebrities. This is the reason for the increasing number of lingerie marketing and distribution-focused e-commerce platforms.

Retailers are making efforts to provide an ideal product mix to accommodate customers of all ages. They showcase various international and local brands that are in demand. An interesting fact in this regard is that Asia is leading the growth in sales of personal gear in Asia. The increase in consuming middle class with high-income levels is driving the growth. Youngsters from affluent families know the current fashion trends and have the desire to spend on premium goods. Another reason for the high growth of undergarments in Asia is due to the continuous increase in working women in countries like India, China, and Japan. India and China being the most populous countries in the world lead the growth.

]]> The antimicrobial coatings market value is projected to surpass USD 9.5 billion by 2032. http://sgroup.pro/tpost/epvk5ydi11-the-antimicrobial-coatings-market-value http://sgroup.pro/tpost/epvk5ydi11-the-antimicrobial-coatings-market-value?amp=true Fri, 09 Dec 2022 03:00:00 +0300 https://textalks.com The antimicrobial coatings market value is projected to surpass USD 9.5 billion by 2032, according to the latest report by Global Market Insights Inc.

The antimicrobial coatings market value is projected to surpass USD 9.5 billion by 2032.

The antimicrobial coatings market value is projected to surpass USD 9.5 billion by 2032, according to the latest report by Global Market Insights Inc.

The antimicrobial coatings industry is anticipated to register an 8.5 percent CAGR between 2023 and 2032 owing to increasing medical coatings demand in various sectors including textiles. In fact, one of the key reasons for market growth is the increasing antimicrobial textiles demand.

Increasing demand for antimicrobial agents in textile manufacturing has paved way for the industry landscape. Antibacterial and antimicrobial coatings help ensure the sterility of fabrics, fight contagious viruses and boost textile resistance to bacteria and mold formation. The ongoing expansion of the apparel sector indicates lucrative scope for antimicrobial textile production.

The antimicrobial coating is an application of a chemical agent that stops the growth of the disease-causing microbe. While other coatings provide anti-corrosion resistance properties, antimicrobial coatings protect against a broad spectrum of bacteria, mold, and mildew.

Apparel and home textile applications such as activewear, bed linen, hosiery, underwear, carpeting, etc, will also use antimicrobial activity to control odor and staining. One major application of antimicrobial finish is in the medical field to help maintain sterile environments.

Antimicrobial fabrics can be made of a variety of textiles, including but not limited to polyester, polyester-vinyl composites, vinyl, and even acrylics. The effectiveness of an antimicrobial fabric lies in its ability to fend off microorganisms, and its ability to help prolong the life of a textile.

]]> Merry Christmas & Happy New Year 2023. http://sgroup.pro/tpost/8mjg5sba71-merry-christmas-amp-happy-new-year-2023 http://sgroup.pro/tpost/8mjg5sba71-merry-christmas-amp-happy-new-year-2023?amp=true Sat, 24 Dec 2022 03:00:00 +0300 S.Group, SIA S.Group Team wishes you Merry Christmas and a Happy New Year!

Merry Christmas & Happy New Year 2023.

An eventful year 2022 with unforeseen global challenges, but also exciting projects and continuous adaptation lies behind us. We are all the more grateful for all the many reliable partners we have and we would like to take this opportunity to thank you for the trusting and good cooperation.

We are also looking forward in the coming year to do what lies ahead of us, together.

Now, we wish you and your family a happy and relaxing holiday season and a good start to a new, healthy, and fulfilling year 2023.

S.Group Team

]]> WTO goods trade barometer declines to hint at fourth-quarter trade slump. http://sgroup.pro/tpost/8472x5lup1-wto-goods-trade-barometer-declines-to-hi http://sgroup.pro/tpost/8472x5lup1-wto-goods-trade-barometer-declines-to-hi?amp=true Thu, 02 Mar 2023 03:00:00 +0300 https://textalks.com World merchandise trade growth appears to have lost momentum in the fourth quarter of 2022 and is likely to remain weak in the first quarter of 2023, according to the latest WTO Goods Trade Barometer issued on 1 March.

WTO goods trade barometer declines to hint at fourth-quarter trade slump.

World merchandise trade growth appears to have lost momentum in the fourth quarter of 2022 and is likely to remain weak in the first quarter of 2023, according to the latest WTO Goods Trade Barometer issued on 1 March.

The overall barometer index continues to point to weakening trade growth in volume terms after falling to 92.2, down from 96.2 in the previous release and well below the baseline value of 100.

This is not a good sign for the textile industry which is the first casualty when global trade declines. It will hurt countries like Pakistan which are highly dependent on textile exports.

The Goods Trade Barometer is a composite leading indicator for world trade, providing real-time information on the trajectory of merchandise trade relative to recent trends. Barometer values greater than 100 signal above-trend trade volume while values less than 100 suggest that goods trade has either fallen below the trend or will do so in the near future. The barometer index (represented by the blue line above) also finished below the merchandise trade volume index (represented by the black line), which stood at 106.6 in the third quarter thanks to resilient exports in Europe and the Americas. Preliminary data suggest that the merchandise trade index will follow the barometer index down once quarterly trade volume statistics for the fourth quarter are released.

The volume of world merchandise trade was up 5.6 percent in the third quarter of 2022 compared to the same quarter in the previous year. Meanwhile, cumulative year-on-year growth for the first three quarters of 2022 stood at 4.4 percent, above the WTO’s forecast released last October of 3.5 percent for the whole year. A downturn in the fourth quarter would bring actual trade growth more in line with the WTO’s forecast for 2022. Any slowdown may prove to be short-lived since container throughput of Chinese ports and new export orders from Purchasing Managers’ Indices (PMIs) have already started to pick up.

All of the barometer’s component indices have fallen below trend except for the automotive products index (105.8), which was buoyed by above-trend sales and production figures for the United States, Europe, and Japan, outweighing declines in China. The export orders index (97.4) remains below the trend but is rising, hinting at a possible upturn in the near future. On the other hand, indices for container shipping (89.3), air freight (87.8), electronic components (84.9), and raw materials (92.0) are all below trend and declining, suggesting that weakness in trade is broad-based, impacting many sectors.

]]> Global wood market to hit $903 billion by 2026 due to boom in the construction sector. http://sgroup.pro/tpost/xn5l3zn5m1-global-wood-market-to-hit-903-billion-by http://sgroup.pro/tpost/xn5l3zn5m1-global-wood-market-to-hit-903-billion-by?amp=true Fri, 03 Mar 2023 03:00:00 +0300 https://www.timber.exchange The global wood industry will grow in the next few years as the market is expected to hit $903 billion in 2026, registering a compound annual growth rate (CAGR) of 7.2%.

Global wood market to hit $903 billion by 2026 due to boom in the construction sector.

The global wood industry will grow in the next few years as the market is expected to hit $903 billion in 2026, registering a compound annual growth rate (CAGR) of 7.2%.

The boom in the construction and building sectors is driving the growth of the wood and woodworking machinery industries as they benefit from the increased demand for sustainable products (wood, timber, and wood products) and technologies.

The Dubai Wood Show will start from March 7 to 9 at the Dubai World Trade Centre which will make a strong comeback as the industry is on a positive growth turn following the rise in the construction industry in the Mena region and, more specifically, in the UAE.

UAE's construction sector is expected to reach a value of $133.53 billion by 2027, registering a CAGR of 4.69%.

The UAE government’s infrastructure projects, including housing, tourism, and transport networks, will also make a significant contribution to the sector.

]]> Merry Christmas & Happy New Year 2024. http://sgroup.pro/tpost/bm5efrrr11-merry-christmas-amp-happy-new-year-2024 http://sgroup.pro/tpost/bm5efrrr11-merry-christmas-amp-happy-new-year-2024?amp=true Thu, 21 Dec 2023 03:00:00 +0300 S.Group, SIA S.Group Team wishes you Merry Christmas and a Happy New Year!

Merry Christmas & Happy New Year 2024.

An eventful year 2023 with unforeseen global challenges, but also exciting projects and continuous adaptation lies behind us. We are all the more grateful for all the many reliable partners we have and we would like to take this opportunity to thank you for the trusting and good cooperation.

We are also looking forward in the coming year to do what lies ahead of us, together.

Now, we wish you and your family a happy and relaxing holiday season and a good start to a new, healthy, and fulfilling year 2024.

S.Group Team

]]> Happy international women’s day! http://sgroup.pro/tpost/lopyutuad1-happy-international-womens-day http://sgroup.pro/tpost/lopyutuad1-happy-international-womens-day?amp=true Fri, 08 Mar 2024 03:00:00 +0300 S.Group, SIA To all incredible women out there our team wishes happy International Women’s Day we wish you to continue to change the world and be our greatest inspiration!

Happy international women’s day!

To all incredible women out there our team wishes happy International Women’s Day we wish you to continue to change the world and be our greatest inspiration!

]]> Happy Easter! http://sgroup.pro/tpost/db70sgb1a1-happy-easter http://sgroup.pro/tpost/db70sgb1a1-happy-easter?amp=true Fri, 29 Mar 2024 03:00:00 +0300 S.Group, SIA May the miracle of Easter fill your heart with hope and peace.

Happy Easter!

May the miracle of Easter fill your heart with hope and peace.

]]> Merry Christmas & Happy New Year 2025. http://sgroup.pro/tpost/ecmgf36501-merry-christmas-amp-happy-new-year-2025 http://sgroup.pro/tpost/ecmgf36501-merry-christmas-amp-happy-new-year-2025?amp=true Mon, 23 Dec 2024 03:00:00 +0300 S.Group, SIA S.Group Team wishes you Merry Christmas and a Happy New Year!

Merry Christmas & Happy New Year 2025.

An eventful year 2024 with unforeseen global challenges, but also exciting projects and continuous adaptation lies behind us. We are all the more grateful for all the many reliable partners we have and we would like to take this opportunity to thank you for the trusting and good cooperation.

We are also looking forward in the coming year to do what lies ahead of us, together.

Now, we wish you and your family a happy and relaxing holiday season and a good start to a new, healthy, and fulfilling year 2025.

S.Group Team

]]> ITMA ASIA + CITME, Singapore 2025 expands Exhibition space to accommodate strong response. http://sgroup.pro/tpost/v77ukat8t1-itma-asia-citme-singapore-2025-expands-e http://sgroup.pro/tpost/v77ukat8t1-itma-asia-citme-singapore-2025-expands-e?amp=true Thu, 26 Dec 2024 03:00:00 +0300 https://textalks.com ITMA ASIA + CITME, Singapore 2025 has received overwhelming support, surpassing the show owners’ expectations with a 30 percent increase in the number of applicants to date.

ITMA ASIA + CITME, Singapore 2025 expands Exhibition space to accommodate strong response.

ITMA ASIA + CITME, Singapore 2025 has received overwhelming support, surpassing the show owners’ expectations with a 30 percent increase in the number of applicants to date.

ITMA ASIA + CITME, Singapore 2025 is owned by CEMATEX (the European Committee of Textile Machinery Manufacturers), China Textile Machinery Association (CTMA) and the Sub-Council of Textile Industry, CCPIT (CCPIT TEX).

Scheduled to be held at the Singapore Expo from 28 to 31 October 2025, the exhibition has attracted over 770 technology and service providers from 33 countries and regions to apply for space. They include many international textile machinery manufacturers, as well as new technology providers. As a result of the increased demand, the show owners have expanded the booked hall space from 60,000 to 70,000 square metres.

Speaking on behalf of the owners, Alex Zucchi, president of CEMATEX said: “We are grateful to have the continued support of the industry. To accommodate all the eligible applicants, we have increased the booked hall space to allow more machinery manufacturers to showcase their latest products and solutions to the region’s buyers who aspire to leverage technology to drive cost efficiency and remain competitive.

“The strong interest in the Singapore edition, despite being scheduled just a year after the Shanghai edition, highlights the need to penetrate deeper into emerging markets to sustain and grow our manufacturers’ businesses.”

Mr Gu Ping, president of CTMA, concurred: “In recent years, digital technology has significantly influenced the development of the textile industry, with burgeoning new demand from regions such as South Asia, Southeast Asia and the Middle East. In response, we have added the Singapore edition between ITMA ASIA + CITME 2024 and 2026 exhibitions to meet the expectations of global exhibitors and visitors, hoping to bring them greater benefits.”

At the close of space application on 12 November, almost all the booked exhibition space at Singapore Expo had been snapped up. Since then, applications have continued to stream in, prompting the show owners to expand space at the venue.

Hall sector plan

Spanning seven halls of the Singapore Expo, the sector plan features 19 product chapters of the complete textile and garment manufacturing chain. Based on the exhibition’s unique selling proposition, the exhibits have been clustered in product sectors, enabling buyers to source more conveniently. The three biggest sectors based on space booked are finishing, followed by spinning and knitting.

Billed as The Leading Textile Technology Exhibition Driving Regional Growth, ITMA ASIA + CITME, Singapore 2025 will be held from 28 to 31 October 2025. The exhibition is organised by ITMA Services and co-organised by Beijing Textile Machinery International Exhibition Company. Japan Textile Machinery Association (JTMA) is a special partner of the exhibition.

For the latest updates, visit www.itmaasiasingapore.com.

]]> US policy changes likely to impact Asia-Pacific’s textile growth. http://sgroup.pro/tpost/sni4dc4841-us-policy-changes-likely-to-impact-asia http://sgroup.pro/tpost/sni4dc4841-us-policy-changes-likely-to-impact-asia?amp=true Thu, 26 Dec 2024 03:00:00 +0300 https://textalks.com The Asian Development Bank (ADB) has highlighted that recent changes in US economic policies could significantly impact the growth prospects of the Asia-Pacific region.

US policy changes likely to impact Asia-Pacific’s textile growth.

The Asian Development Bank (ADB) has highlighted that recent changes in US economic policies could significantly impact the growth prospects of the Asia-Pacific region. According to the ADB, the US’s policy shifts, including potential changes in trade, monetary, and fiscal policies, may have far-reaching effects on emerging economies in Asia.

In particular, the US’s stance on trade relations, especially with China, could influence the flow of goods and investments within the region. The ongoing trade tensions between the two global powers could disrupt supply chains and affect the broader economic stability of Asia-Pacific nations. Furthermore, shifts in US monetary policy, such as interest rate changes, could influence capital flows into the region, potentially raising borrowing costs for developing countries.

Despite these challenges, the ADB remains cautiously optimistic about the region’s growth. The bank notes that strong domestic demand, particularly in countries like India and Southeast Asia, could help offset the external risks posed by the changing US policies. Additionally, the Asia-Pacific’s diversified economies and robust infrastructure development plans provide a buffer against potential economic headwinds.

The ADB has called for continued regional cooperation and policy adjustments to minimize the impact of global uncertainties. As Asia-Pacific nations navigate these challenges, maintaining resilient economic strategies and fostering regional integration will be key to sustaining long-term growth in the face of external pressures.

]]> Total U.S. Printing-Writing Paper Shipments Decreased 6% in November 2024. http://sgroup.pro/tpost/lp9yk3piy1-total-us-printing-writing-paper-shipment http://sgroup.pro/tpost/lp9yk3piy1-total-us-printing-writing-paper-shipment?amp=true Fri, 20 Dec 2024 03:00:00 +0300 https://www.paperage.com The American Forest & Paper Association (AF&PA) released the November 2024 Printing-Writing Monthly report. According to the report, total printing-writing paper shipments decreased 6% in November compared to November 2023.

Total U.S. Printing-Writing Paper Shipments Decreased 6% in November 2024.

Total printing-writing paper inventory levels in November increased 1% when compared to October 2024.

Dec. 20, 2024 - The American Forest & Paper Association (AF&PA) released the November 2024 Printing-Writing Monthly report. According to the report, total printing-writing paper shipments decreased 6% in November compared to November 2023.

U.S. purchases of total printing-writing papers increased 2% in October compared to the same month last year.

Total printing-writing paper inventory levels increased 1% when compared to October 2024.

November year to date (YTD) total U.S. shipments grew 2% compared to the same period last year. UFS and CFS shipments increased by 0.1% and 7% YTD, respectively. MECH shipments however, decreased 2% YTD.

A subscription to the complete report with detailed tables, charts and historical data can be purchased by contacting Kory Bockman at Statistics_Publications@afandpa.org or 202-463-4716.

About AF&PA

The American Forest & Paper Association (AF&PA) serves to advance U.S. paper and wood products manufacturers through fact-based public policy and marketplace advocacy. The forest products industry is circular by nature. AF&PA member companies make essential products from renewable and recycle resources, generate renewable bioenergy and are committed to continuous improvement through the industry's sustainability initiative — Better Practices, Better Planet 2030: Sustainable Products for a Sustainable Future.

The forest products industry accounts for approximately 5% of the total U.S. manufacturing GDP, manufactures about $350 billion in products annually and employs about 925,000 people. The industry meets a payroll of about $65 billion annually and is among the top 10 manufacturing sector employers in 43 states.

SOURCE: AF&PA

]]> Total U.S. Packaging Papers & Specialty Packaging Shipments Increased 9% in November 2024. http://sgroup.pro/tpost/3rxng8dmz1-total-us-packaging-papers-amp-specialty http://sgroup.pro/tpost/3rxng8dmz1-total-us-packaging-papers-amp-specialty?amp=true Wed, 18 Dec 2024 03:00:00 +0300 https://www.paperage.com The American Forest & Paper Association (AF&PA) released the November 2024 Packaging Papers Monthly report.

Total U.S. Packaging Papers & Specialty Packaging Shipments Increased 9% in November 2024.

Dec. 18, 2024 - The American Forest & Paper Association (AF&PA) released the November 2024 Packaging Papers Monthly report. According to the report, total packaging papers & specialty packaging shipments in November increased 9% compared to November 2023. They were up 11% when compared to the same eleven months of 2023.

The operating rate for bleached packaging papers was 75.9%, up 4.8 points from November 2023 and up 6.7 points year-to-date.

Shipments of the biggest subgrade in unbleached packaging papers — bag & sack — were 97.2 thousand short tons for the month of November, up 2.6% from the same month last year and up 16.6% year-to-date.

The complete report with detailed tables, charts and historical data can be purchased by contacting Kory Bockman at Statistics_Publications@afandpa.org or 202-463-4716.

About AF&PA

SOURCE: AF&PA

]]> Merry Christmas Happy New Year 2026. http://sgroup.pro/tpost/92l9g48e41-merry-christmas-happy-new-year-2026 http://sgroup.pro/tpost/92l9g48e41-merry-christmas-happy-new-year-2026?amp=true Tue, 23 Dec 2025 03:00:00 +0300 S.Group, SIA An eventful year 2025 with unforeseen global challenges, but also exciting projects and continuous adaptation lies behind us.

Merry Christmas Happy New Year 2026.

An eventful year 2025 with unforeseen global challenges, but also exciting projects and continuous adaptation lies behind us. We are all the more grateful for all the many reliable partners we have and we would like to take this opportunity to thank you for the trusting and good cooperation.

We are also looking forward in the coming year to do what lies ahead of us, together.

Now, we wish you and your family a happy and relaxing holiday season and a good start to a new, healthy, and fulfilling year 2026.

S.Group Team

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