Situation of the textile industry

Posted on 15 December, 2021 by prasanjitbd

2018 has been a year of uncertainties for the sector, which has not gone through its best moments for a few years. We can say that 2018 has been a year of transition, but do we expect the same for 2019, or will we see an improvement worldwide?

In 2018 the internal market followed by the EU as a whole, have had worse results than the previous year, whereas the markets of third countries have had slightly better results. It has also been observed that technical textiles have performed better in 2018 than those oriented to fashion and home.  lingerie exporter in bangladesh

What to expect from the textile industry in 2019?

Facing the more immediate future for the sector, the future of textiles has to walk through the circular economy, sustainability and digitization. The sector has to reinvest itself inexorably, which implies profound changes at all levels of the value chain. visit

textile industry 2019 2 The future of the textile industry: keys for 2019 worldwide

According to Pro Tejer, they stated that although the sector is competitive with the Chinese market, it suffers from a lack of competitiveness, a high tax burden, and high energy costs, among the most prominent aspects.