Abstract
The textile market is truly global. Brands are shopping around the globe for
the ' latest and greatest' yarns and textiles, and the market itself is
currently worth in excess of $440 billion per year, with about 20% of that
figure coming from China.
Many issues are impacting this industry, such as the ending of the quota
system in 2004, which has changed where production occurs, how supply chains
operate as well as affecting prices at all levels. Companies will need to
figure out how to survive in this new marketplace, particularly as burgeoning
markets join the playing field. This includes everyone from fibres and fabric
producers to end retailers that need to determine how to get products to
consumers more quickly and with better quality.
This exclusive, data-rich report from ABOUT Style, the second in a series of
timely Executive Briefings, identifies the latest trends that are making an
impact on the industry, assesses what' s coming down the pipeline in the future
and provides an objective view on key industry drivers such as eco-friendly
fabrications and nanotechnology.