Global Textile Market is an ever-evolving and ever-growing world. The demand, behaviour, products – everything keeps changing and evolving. But nevertheless, it is one of the most important sectors from an economic point of view. The global textile industry was estimated to be around USD 920 billion in 2018, and it is projected to reach approximately USD 1,230 billion by 2024. India is the second-largest textile manufacturing country with 6.9% of the Global textile production.The number one position is strongly captured by China with more than 50% of the Global productions. The US ranks on the third place in the list of world’s largest textile producing countries.Let us take a look at a few other important trends and factors of the current Global Textile Market.
Increasing Demand for Natural fabric and Fabrics
Natural fabric is derived from the fibres of animal coats, plant seeds, stems and leaves, and silkworm cocoons. Basically, any Fabric that is woven or knitted from fibres that occur in our natural world is Natural Fabric including Cotton, Linen, Silk, Wool, Jute etc.
The increase in demand of Natural fibres is because of naturally impressive properties like being stronger, lighter, and more flexible than the conventional fibres. Secondly, there is abundance of natural fibres in countries like China and India. And most importantly, it is because of its eco-friendly nature and the rising awareness amongst the people.The increasing consumption of natural fibres, such as cotton, silk, wool, and jute, will drive the global textile market in the near future.
Gokul Texprints is the flag bearer of Natural Fabric in the Indian Textiles Industry. We manufacture, supply, and export the premium quality of Natural Fabric in all sorts of designs and colours. We have successfully broken the myth that Natural Fabric has limited options in terms of “design and colours” by flooding the market with phenomenal designs and endless colours of Natural Fabric.
New focus on Non-woven Fabrics
The demand of non-woven Fabrics is being fuelled by several factors. One of the factors is the rising demand of hygiene products such as baby diapers, sanitary napkins etc. Secondly, low maintenance costof nonwoven fabrics is making it an ideal option to be used for road construction in the form of geo-textiles. Additionally, the automobiles industry too uses non-woven fabrics extensively for the production of exterior and interior parts.
Digital textile printing defining the industry (Especially in India)
The world has shifted to an era where there is demand of more and more design alternatives. People want to look different and thus they seek a unique design proposition, be it for fashion or for furnishing. Additionally, India’s population is extremely young and thus, their design taste is constantly changing. And only DIGITAL PRINTING can cater to such changing tastes and complex designs. Not to forget, digital printing has also proven to be quicker and more efficient. The Digital printing is slowly capturing more and more markets even in the Global Textile world.
Again, Gokul Texprints is one of the industry leaders when it comes to Digital Printing. We have the most wide-ranging variety of designs under our belt and we are currently catering to huge National as well as Global demands.
Gokul Texprints is always open to new business associations, collaborations, and dealership opportunities.
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