Home / Knowledge / News / Textiles / Developing countries to spark growth in global textile market
Developing countries to spark growth in global textile market
12
Nov '10
A total of 3,000 contract textile buyers and visitors from Dubai, UAE emirates and Middle East countries will visit Heimtextil 2011, an international trade fair for home and contract textiles, according to Messe Frankfurt, organizers of the trade fair for home and contract textiles being held in Frankfurt, Germany from January 12 to 15, 2011.

Speaking to reporters at a press conference in Dubai, Olaf Schmidt, Vice President Textile Fairs Messe Frankfurt said, “Last year also saw an increase of 43% in contract textile for sale. Contract textile includes those buying for furnishing in hotels and lavish construction projects in the Guilf. Well known big designers such as Hugo Boss had also entered the contract textile market design business. ”

Mr. Schmidt added, “Demand for home textiles is influenced by a number of demographic factors such as growth in disposable income, consumer confidence levels and other general economic variables and Asia-Pacific represents the largest textile market with China and India the clear leaders in textile exports followed by Korea and Taiwan.”

The global market for textiles is projected to exceed 127 million tons in 2010 as per industry estimates. Against the backdrop of such strong projections, the demand for textiles will be driven consumers' preference towards consumption for home furnishings and home textiles.

Mr. Schmidt noted that demand for textiles stands enthused by growing consumer expenditure on apparel, home furnishings and other products.

Textile industry, comprising of spun yarn products, broad woven and knit fabrics, and floor coverings is highly cyclical in nature. Noteworthy factors influencing the textile industry include demographic factors, growth in disposable income, consumer confidence levels, technological developments, fashion trends, and other general economic variables.

Last year than 2,500 buyers for hotels and commercial projects, creative designers, interior decorators and architects from the Middle East took advantage of opportunities at the exhibition and have registered as trade visitors for the event.

“The international role of Heimtextil is to build networks and develop markets, to keep pace with market developments and make them accessible to industry and trade around the world,” said Mr. Schmidt. “Leading market presence of Heimtextil fairs in the production markets of China and India that allows industry around the globe to source raw materials and textiles for further processing,” he said.

Mr. Ahmed Pauwels, Chief Executive Officer of Epoc Messe Frankfurt GmbH explained that Heimtextil 2011 will preview the colors, shapes, textures and materials for the 2010 /2011 season. A presentation on sustainable operations - for the benefit of the environment, the economy and for business success will also be held and showcase Contract Creations: and explore market opportunities for growth in contract textiles for Hospitality, Office and Congress locations and Health and care.

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search