The business situation is at a new low point since ITMF started the Global Textile Industry Survey in 2021. High inflation and rising interest rates are the main current drivers of the global economy, but the core problem of the textile supply chain in 2023 are high inventories at the brand and re
The fashion industry was out in force for the latest edition of Première Vision (PV) Paris from February 7–9 at the Parc des Expositions, Paris Nord Villepinte. The show offered a wider range than ever of tools and services to guide brands and buyers in their search for suppliers.
A team of researchers led by the University of Michigan has developed woven-in labels made from photonic fibres which could increase the recycling rate of clothing and textiles. Currently, only 15 per cent of the 92 million tons of textiles discarded annually are recycled due to difficulties in so
The global textile staples market is expected to witness lucrative growth opportunities over the projection period from 2022 to 2032 with sales projected to surge at a CAGR of 5.5%. The global market is valued at US$ 1,61,280.2 Mn in 2022 and is anticipated to reach US$ 2,75,489.9 Mn by
The Future Market Insights is anticipated to register a healthy CAGR of a magnitude of 5.4% over the projection period from 2022 to 2032. The global textile colorant market is expected to reach a valuation of US$ 6,850.0 Mn in 2022 and is predicted to surpass a valuation of US$ 11,590.4
Textile engineers have developed a fabric woven out of ultra-fine nano-threads made in part of phase-change materials and other advanced substances that combine to produce a fabric that can respond to changing temperatures to heat up and cool down its wearer depending on need.
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