Home / Knowledge / News / Textiles / 26 German companies to participate in ITMA + CITME

26 German companies to participate in ITMA + CITME

03
May '10
Just in time before the leading trade fair in Asia, ITMA ASIA + CITME 2010, which will open its doors end of June in Shanghai, the economical sky for the textile machinery industry finally brightened again. Incoming orders where 130 percent above the result of the first quarter of the year before. VDMA Textile Machinery Association predicts an increase in sales volume of 30 to 35 percent compared to 2009.

“After two extremely difficult years, the German textile machinery manufacturers are guardedly optimistic for the future” explains Fritz P. Mayer, Chairman of the Textile Machinery Association and Managing Partner of Karl Mayer Textilmaschinenfabrik GmbH.

Order inflow clearly increased
In 2008 and 2009, the companies of this branch had to accept a historical slump with its consequences on production and export. After a soil had developed in the first quarter of 2009, from the fourth quarter 2009 the incoming orders significantly increased. As a result, the exports also developed positively. In the last quarter of 2009 they reached a volume of 555 million Euros. In January and February 2010 already, textile machinery worth 533 million Euros have been exported so that – even with a conservative estimate – a clear increase of the exports has to be expected for the overall first quarter.

Asia dominated the purchase markets
55 percent of the overall exports in 2009 representing 1.8 billion Euros went to Asia. The two big volume markets alone, China and India, imported German textile machinery and accessories of roundabout 628 and 161 million Euros respectively. In January and February 2010, the exports to China rose by 37 percent to 83 million Euros compared to the same period the year before. Besides China also the exports to other Asian countries showed a clear stimulation of the market: Iran 6.8 million Euros (+50 %), Thailand 4.1 million (+42 %), Vietnam 1.7 million (+35 %), Bangladesh 2.7 million Euros (+8 %).

5,000 square meters made in Germany
This favourable economic trend is also reflected by the German participation in ITMA ASIA + CITME 2010. With 105 exhibitors the German companies represent the biggest European group within the CEMATEX countries. All renowned manufacturers will be present at this leading fair in Shanghai and show innovative textile production technique “made in Germany”.

Main topic: Efficiency in energy, material and resources
At this ITMA ASIA, sustainable textile production will be the main topic. It has concrete aspects with regard to economy and politics (prices of energy and raw materials, costs of material, stronger environmental regulations). Not few are the textile manufacturers who are studying their material flow and their production process under the aspect of sustainability with regard to consumer protection, exhaust air and waste water, job security and resource-efficiency. It is not for nothing that China as the biggest textile market has incorporated this subject into its five-years-plan. The German manufacturers at ITMA ASIA will show ways to substantial energy, water and material savings with pioneering technologies.


Must ReadView All

Pic: Shutterstock

Textiles | On 12th May 2021

Economic recovery under threat amid surging COVID cases: UN

While the global growth outlook has improved, led by robust rebound...

Pic: 2p2play / Shutterstock.com

Retail | On 12th May 2021

Retailers need to consider changes as US emerges from pandemic: NPD

Millions of new remote and hybrid-remote workers, kids returning to...

Pic: Shutterstock

Textiles | On 12th May 2021

Uzbekistan exported textile products worth $637.7 million in Q1 2021

Uzbekistan exported textile products worth $637.7 million to 54...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Good tidings expected for textile industry

Textile Industry, Head honchos

Textile Industry
Head honchos

Verticals like fast fashion won’t completely adopt personalisation on...

Textile Industry, Head honchos

Textile Industry
Head honchos

Great step towards realising end goal of 'AtmaNirbhar Bharat'

Ritu Oberoi,

Ritu Oberoi

Mumbai-based Forsarees is a socially driven business enterprise, working...

Raiyan Islam,

Raiyan Islam

Founded in 1981 by Sayeeful Islam, Concorde Garments Group is a market...

Bharat Ahuja,

Bharat Ahuja

A mono store brand, <b>Bharat Ahuja's</b> Desire Design Studio has emerged ...

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

Bebop Sensors' smart fabrics allows for a new level of interaction between ...

Shujaul Rehman, Garware Technical Fibres

Shujaul Rehman
Garware Technical Fibres

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Madison Maxey, Loomia

Madison Maxey
Loomia

Loomia designs and manufactures soft circuit systems that can be produced...

Archana Jaju, Label Archana Jaju

Archana Jaju
Label Archana Jaju

<b>Archana Jaju</b>’s Hyderabad-based eponymous label works with artisans...

Sailesh Singhania, Sailesh Singhania Label

Sailesh Singhania
Sailesh Singhania Label

The Sailesh Singhania label was created to promote handwoven sarees and...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

Designer <b>Suman Nathwani</b> talks about her journey of opening a...

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

Leave your Comments


May 2021

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


Advanced Search