The industry is extremely varied, with hand-spun and hand-woven textiles sectors at one end of the spectrum, while the capital-intensive sophisticated mills sector on the other end. The decentralised power looms/ hosiery and knitting sector forms the largest component in the textiles sector. The...
The global textile chemicals market size was valued at USD 26.44 billion in 2023 and is projected to grow at a CAGR of 4.5% in terms of revenue from 2024 to 2030. The demand for textile chemicals is increasing rapidly due to the booming clothing and apparel industry, driven by the rising...
The Global Textile Chemicals Market is projected to register a CAGR of over 3.5% during the forecasted period. The sporadic outbreak of the COVID-19 pandemic in 2020 and the first half of 2021 drastically curtailed textile industry activities due to imposed government bans and restrictions, thereby...
Regarding the debt crisis in the eurozone, he said: "I think this is an opportunity for us to broaden our export market, because we focused mainly on the US and European markets before." At present, the textile industry is looking for alternatives to the market, whether in the east or i...
India Textile Machinery Market A senior official of the China Textile Machinery Association said: "India is the largest overseas market for Chinese textile machinery, and it is also the biggest reason for Chinese textile machinery manufacturers to set up sales outlets in India." ...
Post-quotas, textile companies in India hope to bag 15 percent of U.S. market.
The Asia-Pacific region is expected to dominate the global textile machinery industry. The rising involvement of foreign firms in the garment and textile sectors is an important element driving regional market expansion. Asia Pacific's major textile machine markets include India, Vietnam, China, Japa...
In Feb 2021, Paraguay’s Ministry of Industry and Commerce announced that it would invest USD 1.1 million in the manufacturing sector, mainly benefiting the clothing, textiles, and footwear industries, among other areas related to assembly operations. Global Textile Market Scope The Textile market is...
Emerging economies such as China and India are putting more emphasis on adopting the latest technologies and manufacturing processes in various industry segments. This has initiated the adoption of technical textiles across various industrial verticals, thereby, ramping up the demand for textile chemicals...
The textile industry mainly producing labor-intensive products occupies the important status in the national economy of China and India, the biggest two developing countries in the world .The two countries are the backstop of the Asia and even world textile market that can't be replaced by other...