Italian textile machinery production rose by 13% in 2022: ACIMIT

06 Jul '23

2 min read

Pic: ACIMIT

Insights

Italian textile machinery production increased by 13 per cent (€2.7 bn) and exports grew by 15 per cent (€2.3 bn) in 2022.
The sector faced uncertainties in the second half of the year, but hopes the successful ITMA exhibition will drive further growth in 2023.
Italian manufacturers showcased innovative technologies, emphasising the importance of innovation.

The production of Italian textile machinery increased by 13 per cent in 2022, for a value of €2.7 billion, while exports grew by 15 per cent (€2.3 billion), according to the industry data provided by Alessandro Zucchi, the president of the Association of Italian Textile Machinery Manufacturers (ACIMIT) at its general assembly.

The year 2022 marked yet another year of growth for the sector, following that which was recorded in 2021. However, for the second half of the year, uncertainties characterising the current macroeconomic outlook also proved to affect Italy’s textile machinery sector, showing signs of a general slowdown. The results of the Italian edition of ITMA, the industry’s preeminent global exhibition held last June in Milan, will hopefully play an essential role in providing further growth for 2023. The fair was certainly successful both in terms of the many technological innovations presented and for the number of visitors in attendance (over 111,000 units). The sector now waits to quantify this effect on upcoming tangible orders, ACIMIT said in a media release.

Italian machinery manufacturers have played a decisive role in presenting new technology trends at ITMA, with Zucchi stating that, “Innovation is the discriminating element between those who look to the future with optimism and those who will instead be forced to follow in pursuit.” In the future, innovation will continue to make a difference in the sector, above all in light of strategies put forward by the European Union regarding the so-called Green Deal.

“With the strategies for ‘sustainable and circular products’ launched by the European Commission to implement Green Deal objectives, these initiatives – which are currently voluntary – will be included in a defined legislative and regulatory scenario. This is an approach that covers a product’s entire life span, from design to waste management. The challenge is certainly complex, and textile companies can face it if supported by innovative machinery and systems,” Zucchi explained.

The dialogue begun by Italian textile machinery manufacturers with the entire textile supply chain has generated the Green Label, the Digital Ready initiative and, more recently the Recyclability Index for machinery, representing an indispensable condition for a more eco-friendly fashion industry, one that is increasingly efficient and circular in outlook.

During the private meeting of ACIMIT’s general assembly, Marco Salvadè was appointed new president of ACIMIT to succeed Alessandro Zucchi.

Fibre2Fashion News Desk (RR)

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