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The World Textile SpotLights of Jan 2020

27/02/2020 12:54 PM


Myanmar has become a new "hot spot" for garment manufacturing
. The garment industry in Myanmar has grown significantly over the past five years, from export value of 900 million USD in 2012 to 4.37 billion USD in fiscal year 2018-2019. With cheap labor, the tax rate of 0% when exports goods to the European Union and has many seaports from where goods can be shipped easy by transfer at cheaper prices to anywhere in the world thus Myanmar is becoming an attractive destination for FDI into Myanmar.

 

Turkey leads the textile market based on future performance. Turkey is not just the largest textile producer in continental Europe but also the third largest exporter of textiles in Europe and the seventh largest exporter of apparel in the world. For many years, exporting textiles and garment based on Turkish performance has increased significantly due to the development of the sportswear industry with big  markets in Europe and EU. Recent advances in polymer and fiber science have allowed their textile industry meets modern performance needs. Approach and innovation according to the plan Turkey's design direction allows its industry to meet the needs of its customers. With high quality, easy access, signed many FTAs with EU and other countries, manual workforce by high profession and advanced technology thus Turkey has many advantages to develop textile industry.

 

India plans to build and develop its textile industry in the next 10 years. India has set the institutional mechanism to allow the textile and apparel industry to reach its full potential in manufacturing, exports and employment. The first is the knowledge network management system for the productivity of natural fibers and extra product diversification. The second is the synergy of artificial fibers to formulate policies to enhance development and competitivenesspaintings of artificial fiber industry in India.

 

The African apparel industry takes steps toward sustainability. African manufacturers are trying to integrate sustainability into their textile and fashion supply chains, when retailers increasingly demanding compliance with standards. They also have support from international organizations to make this change. The Morocco government is offering incentives to companies certified sustainably following the announcement of Inditex Spain will achieve its sustainability goals by 2025. International Trade Center (ITC) through textile program Global (GTEX) has assisted outsourcing countries improve their capabilities export competition, especially in Egypt, Morocco, and Tunisia Madagascar to improve sustainability.

 

High-end brand focused on developing the Korean market. Famous luxury brands are opening pop-up and stores setting up exclusive international fashion shows in Korea gives Korean consumers an enhanced opportunity exclusive to buy select items from next year's collection.

 

Ethiopia hopes to be a supplier of garments. Ethiopia is striving to develop its potential in order to become the next textile and apparel supply base for the world. Despite the challenges in formal such as erratic energy supply, cumbersome customs procedures, lack of alignment, backwardness andunskilled. Ethiopia hopes to be one of its next textile production center of the world with a young, dynamic workforce and developed market potential with favorable trade agreements and strategic geographical location.

 

China is expanding its textile and apparel industry through belt and road initiatives. Chinese government has begun to promote investment in the textile industry in countries participating in the Belts and Roads, especially in Central Asia. This move is consistent with the critical period for China's textile and apparel industry in the context of domestic wages increased domestic and strict anti-pollution policies which promt Chinese companies have to invest new technology and move production abroad. This initiative encourages foreign direct investment in the private sector and lends directly to infrastructure projects that benefit the industry.

 

BGMEA: The difficult period of Bangladesh garment industry. Rubana Huq, president of Bangladesh Apparel Manufacturers and Exporters Association (BGMEA), said that 59 small and medium-sized garment factories had closed and 25,900 workers had lost their jobs in the past seven months. She also said most of these businesses had failed in complying with strict pay laws for their workers according to the new wage structure. Rubana Huq also emphasized the export of garments Bangladesh has been steadily declining in recent months while competitors are growing in this area. Capital flow into the garment sector has also been slow in terms of both establishing new businesses and expanding markets because customers have not paid high prices for products. Buyers are now benefiting from the unfair price competition between local apparel manufacturers and manufacturers of low value-added items in Bangladesh. Products of less diversity, increased online business, retail stores in Western countries closed in mass, global consumption of garments decreased by 1.2% as predicted by the WTO. All of this is a major cause of the declining growth trend in Bangladesh. Importantly, Bangladesh relies heavily on cotton while demand for man-made apparel in the world is increasing.

 

Southeast Asia - an area of many opportunities. With a larger population than the US, fast growing of apparel market, young consumers account for a high number, E-commerce is growing fast so Southeast Asia increasingly becoming attractive market with many opportunities for garment manufacturers. Although consumers in this area have a lot in common, brands can build and develop a regional production strategy  but each country in the region also has distinct characteristics, so customers from other markets need to delve into this area to take the approach and successful market penetration.

 

Russia - Signs of recovery of a segmented market. Slower economic growth creates a challenging context for Russian fashion, but thanks to its attractive and visitor-friendly pricing policy, online sales channels have finally gained market share and a strong digital growth. The Russian market is showing positive signs for the recovery.

 

Gulf Cooperation Council (GCC): The area is in transition. Referring to shopping activities, consumers in countries of the Middle East region is increasingly showing insightful and experienced. In the past, retail business was the most popular activity but consumers cant buy all the luxury fashion items, and the latest fashion models in the store. According to GCC, the market is gradually changing, gradually moving to the economy market and the rise of digital, fashion brands also face many risks but also lots of opportunities in the future.

 

Fashion brands are looking for raw materials to replace the raw materials with current standards and focus into more sustainable alternative materials through the re-design of materials by high technology with aesthetics and many functions. In the future, R & D will increasingly focus more on science of producing new fibers, textile products, finishing and material innovation will be used on a large scale. In the past, fiber technology and scientific materials were used very limited by professionals, sports players and subjects lobbying, not a major industry concern fashion industry but the current trend is different so big fashion brands participated in the revolution of material innovation, increasing investment and capital knowledge, experience, and increased commitment sustainable products.

 

Fashion brands are looking for new materials to replace the raw materials with current standards and focus into more sustainable alternative materials through the re-design of materials with high technology for aesthetics and  multifunctions. In the future, R & D will increasingly focus more on science of producing new fibers, textile products, finishing and material innovation will be used on a large scale. In the past, fiber technology and scientific materials were used very limited by professionals, sports players and outdoor activities which was not the big concern of the fashion industry. But the current trend is different so many big fashion brands have joined the revolution of material innovation by increasing investment capital, knowledge, experience and accumulation by increasing commitments to sustainable products.


Fashion reform from bio-fabric. The fashion and beauty industries will benefitfrom the development and change of biofilms that help change value chains,social change and potentially reduce the pressure on the environment. As scientific breakthroughs unfold, there will be more cooperationbetween big brands and entrepreneurs brings more in-depth research to help increase commercialization.While the speed of adoption of innovative technologies over the next 30 years is highly dependent on market factors, regulations and consumer acceptance, advances in science and continual innovation but biotechnology fabric reform will have positive implications for the fashion industry and the beauty industry.

Source from VITAS. Translated by MINH KHOA

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