News

The global knitted fabrics market is estimated to be worth US$ 27.99 billion in 2023. Demand for knitted fabrics is forecasted to rise at a 5.1% CAGR and reach US$ 46.03 billion by the end of 2033. Knitted Fabrics Market To Hit US$ 46.03 Billion By 2033 Expansion of the …

The textile industry is experiencing a surge in demand for imported cotton as local arrivals have decreased. Sources reveal that Indian spinners have placed orders for 2.50 lakh duty-free bales from Australia, and this consignment is expected to arrive in India within three months. 2.50 Lakh Cotton Bales from Australia …

Chinese imports disrupting Indian textile: Many countries around the world are dependent on cheap Chinese imports. If we see closely, we can observe that the industries of the countries like Pakistan, Sri Lanka, Uzbekistan and certain African nations which are dependent on imports from China slowly started to degrade with …

BRUSSELS — February 14, 2023 — The stage is set for ITMA 2023 to host a highly anticipated showcase of trendsetting textile and garment technologies when it opens in Milan on June 8. Exhibition space grossing 220,000 square meters of the Fiera Milano Rho exhibition center is fully booked. ITMA …

Latest insights published by Fact.MR on the textile dyes market forecasts a valuation exceeding US$ 8 billion by 2031. Rapidly evolving fashion trends are stimulating demand for trendy apparel, prompting manufacturers to include new color combinations and designs, pivoting sales, and are expected to push market expansion at a CAGR …

Surat textile industry sees spurt in demand for caps, flags ahead assembly polls… The assembly elections in Gujarat and Himachal Pradesh have turned into money-spinners for weavers in the country’s largest man-made fabric hub of Surat. Surat Textile Industry sees spurt in demand Alpesh Gondaliya, a power loom weaver at …

Weakening Global Demand Hurts Vietnam Garment Industry: HANOI, November 7, 2022 – Vietnam‘s garment industry is expected to face a decline in orders from its key markets over the next two quarters, the country’s textile and apparel association said on Monday, amid high inflation that is dampening global demand. Low …

Confirming this, SGCCI president Himanshu Bodawala said that the purpose of organizing the textile event in Dhaka is that there is ample opportunity in the textile sector in Bangladesh. SGCCI textile trade fair in Dhaka next year i.e. 2023 The Southern Gujarat Chamber of Commerce and Industry (SGCCI) will organize …

Textile Market Higher Growth During 2022-2032: As per the latest market analysis by Fact.MR, market research and competitive intelligence provider, the global sales of textiles to surpass US$ 1,440 Bn by registering a CAGR of 3.77% in the forecast period 2022-2032. Penetration of E-commerce websites is playing a crucial role …

Garment Export face potential loss: Garment exporters are staring at a potential loss of Rs 1,200 crore due to the new conditions imposed in the Rebate of State and Central Taxes and Levies (RoSCTL) scheme. The scheme offers rebate against the taxes and levies already paid by exporters on the …