The Global fabrics industry overview suggests drastic technological changes resulting in increased quantity and quality of fabrics and a decrease in overhead and labor costs. New innovations in fabric manufacturing is fast changing the face of the industry. Due to globalization and liberalization, the fabric makers in one country face competition not only from domestic but also from international manufacturers. China has come to dominate the global textile scenario, followed by Turkey, India, US, and other countries.
Fabrics- The Trends in New Producer Countries
China's textile fabrics industry report says that it is presently experiencing tremendous growth reasons being their sales techniques, improved technology, low prices, contract manufacturing and outsourcing, improved standards in terms of capital, personnel, information and management. China's knitted textile fabrics industry has significantly grown due to the orders placed by big garment exporting countries in Asia. China is also one among the top ten countries exporting denim fabrics.
Apart from the growth trends in China, the Turkish textile fabrics industry is also experiencing growth and has emerged as one of the most competitive industries. Cotton, wool and man made materials are widely used here for manufacturing all types of fabrics needed for apparels, technical applications and upholstery. According to the latest fabric trends, today, Turkey is one of the leading manufacturers of denim fabrics mainly exported to European countries. Turkey's potential for manufacturing 100% polyester
and polyester blends with cotton, viscose linen, wool etc. is also good. Due to its status as the third largest mohair producer in the world, it has significantly strengthen its woolen fabrics industry too. The cotton textile fabrics industry in Turkey has 2.5% share in the global production capacity. Its specialization in the field of organic cotton gives Turkey a positive image worldwide. The organic cotton fabrics produced here are used in making ready made garments, home textiles, and personal care products.
India has also acquired a significant share in the global fabric market. Its share in the global fabric export market has increased from 1.8% to 3% during the past decade. It is a leading producer of cotton, goatskin and cashmere fabric
. It ranks first in goatskin processing and third in cotton manufacturing after China and United States. Silk
and cotton fabrics dominate the fabric weaving segment of India but jute and wool along with synthetic fibers like polyester, acrylic, and viscose
are also used for manufacturing fabrics. Indian made fabrics are in good demand in the European and US markets. The changing value of the Chinese currency has made it a prospective substitute of China.
Bangladesh has also emerged as an important player in the Global fabric manufacturing industry. Its fabric production capacity during 1994-2007 increased drastically from 1,260 million meters to 3,500 million meters. Its fabric and apparel exports account for approximately $5 billion a year to US, EU, Canada and other countries. Bangladesh has a comparative advantage over its competitors like India, Pakistan, Thailand, Indonesia, Sri Lanka, and China in terms of labor and energy cost which are much lower and have remained static over a period of time.
($ per hr)
Labor costs in Bangladesh as compared to its competitors
Growth of Non-woven Fabrics
The non-wovens industry is one of the youngest and most rapidly growing segments in the textile industry today. Non-woven fabric is produced not by weaving but by bonding and entangling fibers through mechanical, thermal or chemical processes. They are used in manufacturing such items as surgical gowns, diaper cover stocks, automotive linings, military applications such as decontamination wipes and geo-textiles such as insulating tank/lake bunds etc.
Fabric Report reflects that the demand for non-woven fabrics has more than doubled around the world in a decade's time. There is a growth in application of fabric in all sectors of textile manufacturing and more so in the production of technical textiles. By 2010, global production of non-wovens is forecast to reach almost seven million tons with annual fabric growth rates between 6 and 10 percent (depending on the region and type of non-wovens). Europe and North America, which are its leading producers now, will give way to the Asia-Pacific region and China in particular. In the Asia-Pacific region, its annual growth is predicted to be at 9.6% between now and 2009.
If go by the report, globalization and changing economic order of the world have triggered the rate at which relocations of the manufacturing enterprises to 'lowest cost-to-produce' countries are happening. The impact of China, India and other developing countries on the world production and consumption of fabrics has ensured that Asia will further expand as the growth region of the world.