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The global cooling fabrics market size is expected to be worth $3.24 billion by 2025, propelled by growing focus on fitness, sports, and leisure activities coupled with increasing health consciousness, according to a new report. Increasing research and government incentives are projected to accelerate production of such fabrics, thereby triggering demand.
The market for such fabrics is expected to record a compound annual growth rate (CAGR) of 11.1 per cent from 2017 to 2025, the report by S
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China needs an annual growth of 6.3 per cent in 2018-2020 to achieve its target of doubling the 2010 gross domestic product (GDP) by 2020, Yang Weimin, deputy head of the country’s office of the central leading group on financial and economic affairs, said at an economics forum recently. Yang does not foresee any huge barrier in meeting that goal.
China decided to double the 2010 GDP and per-capita income by 2020 five years ago to turn a moderately prosperous society.
GDP expanded 6.9 pe
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Grievances against government policies and regulations from all quarters of the textile industry and demands for amendments marked the year in Pakistan despite former Prime Minister Nawaz Sharif announcing a special package for textile exporters in early 2017. Cotton production crossed 10 million bales in the world’s fourth largest cotton producing country. Dipesh Satapathy offers a recap.
Cotton production reached 10.685 million bales as of December 15, a 5.3 per cent rise over the correspo
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Vietnam has prepared new regulations on formaldehyde and azo dyes limits in textile products manufactured, imported, distributed and sold in the country. The regulations have been issued by the Ministry of Industry and Trade (MOIT) and will come into effect on May 1, 2018. Earlier in 2017, the MOIT had published a draft regulation on the issue.
The new regulations on requirements of formaldehyde and azo dyes in textile products were released on October 23, 2017.
Earlier this year, the MO
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The southern African nation of Mozambique is now developing its own national standard for sustainable cotton production, which will mirror the principles and criteria developed by Better Cotton Initiative (BCI). The new standard will also include additional sustainability criteria related to the parts of cotton supply chain not covered by the BCI standard.
In an effort to revitalise its cotton industry, the Mozambique government has partnered with the BCI. The 2014 strategic partnership agree
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Exports of home textiles from Egypt increased 4.8 per cent year-on-year in January-November 2017. Exports during the eleven-month period were valued at $664 million, as against $443 million registered in the same period last year, according to the Egyptian Home Textiles Export Council (HTEC), under the ministry of foreign trade and industry.
Around 40 companies, under the aegis of HTEC, are going to participate in the Heimtextil International Trade Fair for home textiles, to be held in Frankf
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Uzbekistan textile industry is considered to be one of the most dynamic and socially important sectors and ranks high among export-oriented industries of the country's economy. The Uzbek textile industry is mainly focused on cotton, silk and wool. According to preliminary data, light industry enterprises of Uzbekistan exported textile products for $1.1 billion in 2017.
To date, about 7,000 enterprises of the industry are operating in the republic. Capacity for production of cotton fiber in th
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The current 2017-18 marketing year which started in October, due to the rise in the output of the commodity, Parliament was informed that the cotton export is estimated to increase by 15 percent to 67 lakh bales (of 170 kg each). This assessment was made by the Cotton Advisory Board.
The crop production is estimated to increase to 377 lakh bales during the 2017-18 period, from 345 lakh bales.
Minister of State for Textiles Ajay Tamta said in a written reply to the Lok Sabha that the shipme
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The Kazakh consortium of light industry enterprises Zhasampaz have worked fruitfully with representatives of business communities of Uzbekistan and Belarus this year, in its plan to supply fabrics to these states.
They have plans to prepare cloths for the power structures of Uzbekistan and plans to supply the sow - a rough fabric - to Belarus, without decorative finishing. They bought it in recent years in Uzbekistan and China. And they have an enterprise in South Kazakhstan that can produce
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SGI Dubai 2018, the 21st edition of Sign and Graphic Imaging trade show will feature exclusive textile focused brands that will showcase their equipment to cater to the needs of Saudi textile industry in Saudi. SGI Dubai is not just a trade show but a platform of opportunities for all the industry stakeholders and trade visitors from across the globe.
The SR15 billion ($4 billion) Saudi textile industry is on the threshold of several major advantages due to the current reforms in the country