Home / Knowledge / News / Textiles / Textile machinery sales zoom in 2010
Textile machinery sales zoom in 2010
22
Nov '10
Investment growth in fixed assets of textile industry is undoubtedly the direct factor in driving sales of textile machinery products. Statistics of recent years show that investment in equipment, basically accounted for more than half of the investment in fixed assets of textile enterprises.

China's textile industry completed a total investment of 276.291 billion Yuan in fixed assets from January to September this year, an increase of 25.66 percent year on year; the growth rate was 16.95 percentage points higher than the same period last year.

Investment scale of various sub-sectors in textile industry enlarged over the same period last year. Of which, wool and chemical fiber industries realized about a 50 percent growth rate in investment year on year.

In comparison, despite the high growth rate of fixed assets in wool industry, its base was relatively low, so the investment did not show an obvious drive in sales.

Investment growth in fixed assets of chemical fiber industry reached 49.36 percent, which effectively boosted sales of related machinery in the first three quarters of this year, the industry sold out 40 lines of polyester staple fiber equipment and 1,500 units of various texturizing machines.

Among sub-sectors of the entire industry, cotton textile industry still achieved the largest proportion of investment in fixed assets this year, accounting for 43.58 percent of total investment in the industry. The dependence of China's textile machinery industry on cotton spinning equipment is as high as 60 percent.

Statistics show that in the first three quarters, cotton spinning frames totaling to 6.49 million spindles were sold, an increase of 59.1 percent year on year, automatic winder added up to nearly 1,300 units, up 97.73 percent year on year. Sales of combing machines and blowing-carding combined units more than doubled.

In addition, investment growth of knitting and dyeing industry exceeded 20 percent in the first three quarters this year.

Fibre2fashion News Desk - China


Must ReadView All

Apparel/Garments | On 28th Jul 2017

DuPont launches new stretchable electronic inks, films

DuPont Advanced Materials has announced availability of its newest...

Textiles | On 28th Jul 2017

Clariant, Huntsman present update on planned merger

Clariant and Huntsman Corporation have presented a first update on...

Apparel/Garments | On 28th Jul 2017

Columbia Sportswear posts Q2 2017 net sales of $398.9 mn

Columbia Sportswear Company has recorded net sales of $398.9 million...

Interviews View All

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Pranav Mishra
Huemn

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
61.1%
No
22.2%
Skip
16.7%

Total Votes: 18

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
33.3%
No
44.4%
Skip
22.2%

Total Votes: 18

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.3%
No
5.6%
Skip
11.1%

Total Votes: 18

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
50.0%
No
11.1%
Skip
38.9%

Total Votes: 18


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X