Browsing: CAGR

According to the Research and Markets´ new report ´Global Technical Textiles Market 2015-2019, high demand for nonwoven textiles is driving the growth of the overall market.

Dumping is a two-way traffic. ´Dumpers´ are victims themselves at times. For the global textile industry, which has come a long way since dismantling of quotas in 2005, this is a disputable irritant that rears its ugly head now & then.

The global dyestuff (black colour) market for nylon textile fibres was valued at USD 120.8 million in 2013 and is likely to reach USD 204.3 million growing at a CAGR of 7.8% between 2014 and 2020.

The global market for webbing is expected to reach $3.52 billion by 2020, according to a new study by Grand View Research Inc. Webbing demand is expected to grow with widening application scope including seat belts, safety harnesses and towing straps in automotive and transportation. Increasing construction spending coupled with growth in automotive manufacturing is expected to be critical for market development over the next six years.

Some years ago, IT was moving at a snail´s pace in the Indian textile industry, but now even SMEs are going all-out for ERPs and PLMs, thanks to the realisation that these packages help in the long run, reports Indian Textile Journal.

Textiles are known to mankind since or earlier than 7,000 BC. The knowhow of textiles is older than metal working or pottery making. There are evidences that have been unearthed which has proved that people in Harrapan civilization knew weaving and spinning. Such is the age of textiles in India.

The art of textile making began to develop in the Stone Age. The first textile fabric was probably a nonwoven crude felt, made by compressing loose clumps of fleece from wild sheep. The second stage was invention of yarn which was extracted from various barks of various plants in accordance to their availability.