Sunday , December 22 2024

Tag Archives: Wool Industry News

Bangladesh close to being world top cotton apparel exporter: USDA

Bangladesh close to being world top cotton apparel exporter: USDA

Bangladesh is close to surpassing China as the world’s largest cotton apparel exporter and stronger demand prospects are expected to drive cotton consumption higher, said the US Department of Agriculture (USDA). The US agency, citing the annual fashion industry benchmarking study by the United States Fashion Industry Association (USFIA), said …

Read More »

US Imports of Textiles and Clothing is shrinking, decreased 19.98%

US Imports of Textiles and Clothing is shrinking, decreased 19.98%

The value of US imports of textiles and clothing has continued to shrink, decreasing by 19.98% to $25.874 billion in the first three months of 2023 from $32.331 billion in the corresponding period of 2022. With a 23.78% market share, China continues to be the US’s top supplier of textiles …

Read More »

Porous land border responsible for collapse of Nigeria Textile Industry

Porous land border responsible for collapse of Nigeria Textile Industry

Textile manufacturers in Nigeria have blamed porous borders for the collapse of the cotton-garment value sector of the country’s economy. Alhaji Kwajaffa, the Director-General of the Nigerian Textile Manufacturers Association (NTMA), disclosed this on Saturday in a statement reacting to the rot in the industry. Porous land border responsible for …

Read More »

Techtextil India to Host SITRA’s MEDITEX Expo on Medical Textiles

Techtextil India: Technical Textiles and Non wovens Expo, Mumbai

MEDITEX 2023 to focus on medical textiles with live demonstrations During Techtextil India 2023, scheduled September 12 – 14, organizers will also host SITRA’s Expo on Medical Textiles called MEDITEX™ 2023 – an exclusive pavilion that focuses on medical textiles with live demonstrations and high-growth application areas offering a global …

Read More »

Layoffs hit Vietnam textile-garment workers hardest

Layoffs hit Vietnam textile-garment workers hardest

Layoffs hit Vietnam textile-garment workers hardest: Textile and garment workers make up most workers discharged in the first five months of the year due to difficult economic conditions. Attending a National Assembly meeting on 04 June, 2023, Minister of Labor, Invalids and Social Affairs Dao Ngoc Dung said nearly 2,80,000 …

Read More »

2.50 Lakh Cotton Bales from Australia to Boost Gujarat’s Textile Industry

2.50 Lakh Cotton Bales from Australia to Boost Gujarat's Textile Industry

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 …

Read More »

Chinese imports disrupting Indian textile

Chinese imports disrupting Indian textile

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 …

Read More »

Textile Dyes Market to hit $8 billion by 2031

Textile Dyes Market to hit $8 billion by 2031

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 …

Read More »