- Global economic slowdown to affect Indian textile & apparel industry
- Mar 21,2023
- India's textile and apparel industry is facing a severe blow due to the global economic slowdown and declining global trade. The industry heavily relies on developed economies such as the US and European Union (EU) markets, and the decline in exports to these regions has been consistent since July 2022. In the first half of 2022, India exported textile and apparel goods worth $22.33 billion, but in the second half of the year, the exports fell t...
- Results of the 18th ITMF Global Textile Industry Survey
- Feb 23,2023
- The business situation is at a new low point since ITMF started the Global Textile Industry Survey in 2021. High inflation and rising interest rates are the main current drivers of the global economy, but the core problem of the textile supply chain in 2023 are high inventories at the brand and retail level. With the opening of economies around the world after the COVID crisis, consumers had the opportunity to spend the money they could not durin...
- ITMF’s Cotton Contamination Survey n°16/2022 reveals decreasing levels of contamination and stickiness
- Feb 23,2023
- “ITMF’s Cotton Contamination Survey 2022 shows that the level of contamination of raw cotton by foreign matters and stickiness have decreased compared to 2019. At the same time the appearance of seed-coat fragments remained the same. The survey also reveals significant differences between cotton varieties.” These are the main conclusions from the “Cotton Contamination Survey n°16/2022” which has just been released by the International Textile Man...
- Texworld Evolution Paris to return in July 2023 post hit Feb edition
- Feb 23,2023
- Texworld Evolution Paris received nearly 8,000 visitors from some 20 countries during its February 2023 edition, a sign of the resumption of business between the European fashion industries and the major sourcing countries. The date is set for the summer edition, which will take place from July 3–5 at the new venue in Paris, Porte de Versailles Expo Centre, where some 1,300 exhibitors are expected. After three years of crisis, the alleys of Te...
- Textile Staples Market to Exhibit Total Revenue of US$ 275.48 Bn by 2032 Attributing to the Widespread consumption of Natural Staple Fibers
- Feb 17,2023
- 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 2032. The growth in the market is attributed to the widespread consumption of textile staples in several end-use industries such as apparel, general and leisure,...
- Première Vision Paris 2023 connects brands & buyers with suppliers
- Feb 17,2023
- 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 total of 34,548 visitors, including 70 per cent international attendees from 118 countries, turned out to discover complementary, creative, and renewed offers from...
- Textile Colorant Market to Propel at a CAGR of 5.4% during 2022-2032
- Feb 03,2023
- 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 Mn by 2032. The growth in the market is attributed to the rising demand for clothes along with an increase in disposable income across the world is expected to b...
- US researchers develop woven-in labels made of photonic fibres
- Feb 03,2023
- 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 sorting. The new fibres, referred to as barcodes woven directly into the fabric, are customisable and can be made visible to the naked eye, only readab...