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According to an estimate, the global spandex market size is likely to exceed 1,550 kilo tons by 2023 from over 760 kilo tons in 2015 growing at a CAGR of more than 8 per cent from 2016 to 2023. Spandex is commonly known as elastane. Among the manufacturers, dry spinning technology was majorly preferred in the past few years. Other processes include wet spinning, melt extrusion and reaction spinning.
Sportswear application is likely to see highest gains over the forecast period. Technology advancement with moisture management properties coupled with performance efficiency is likely to benefit elastane market growth. Up to 3 per cent of spandex fiber in fabric is enough for fabric improvement and shape retention whereas high performance garments such as swimwear is may contain 30 per cent. Global sportswear market size was estimated at over $260 billion in 2013 and is likely to grow at a CAGR of over 7 per cent up to 2023. Sportswear accounted for over 15 per cent of the clothing industry.
Growing application scope in apparel and textile industry is likely to drive the spandex market over the forecast period. They are used in textile manufacturing applications such as leggings, gloves, cycling jerseys and competitive swimwear. Owing to ease of tight supply and low demand from downstream applications, the price of the spandex was said to be weak in mid 2014. The market is expected to grow with recovery in US economy post recession.
Founded in 1973, Patagonia is an American outdoor apparel company. It is recognized internationally for its commitment to authentic product quality and environmental activism. It contributes to grassroots organizations working in local communities to protect air, water and soil for future generations. It funds grassroots environmental organizations by giving away one per cent of its sales.
Patagonia always looks for ways to further reduce its manufacturing footprint, including its reliance on fossil fuels. By roping in active in communities, it effects local change to protect the food people eat, the water they drink, the air they breathe. The company defends policies and regulations that reduce carbon emissions, build a modern energy economy based on investment in renewables and, most crucially, ensure the United States remains fully committed to the goals set forth in the Paris Climate Agreement.
For decades, Patagonia has demonstrated that caring for the planet is not in conflict with running a successful business. To date that amount totals 74 million dollars. It will celebrate Black Friday this year on November 25 through which customers can show their love for the planet.
Patagonia acts under the belief that if no action is taken severe changes in climate, water and air pollution, extinction of species, and erosion of topsoil are certain outcomes.
US President-elect Donald Trump's decision to leave the 12-nation Trans-Pacific Partnership (TPP) has given a strong blow to a massive trade deal that was an important plank of President Barack Obama's re-engagement with Asian nations. Trump has said that instead of one agreement that would account for 40 per cent of world trade, he would plan to negotiate one-on-one trade deals that will be more favourable for American workers.
Analysts say coming out of the deal would open new trade opportunities for China, which was any way not a part of the TPP. Negotiators toiled for seven years on the TPP which supporters say would encourage additional trade among the 12 nations.
It would have also given rise to worker incomes, place important protections on intellectual property, protect labor rights and incorporate environmental safeguards. Critics have said the deal, which was negotiated in secret, of being overly favourable to global corporations, and enshrine tough intellectual property restrictions. The Council on Foreign Relations in a report this month, backed the TPP, saying the pact would benefit manufacturers with a more level playing field in Asia. This would boost US exports, especially agricultural goods.
While some American jobs could be lost to overseas workers, TPP supporters argued that the deal was better overall for Americans, because it would result in lower prices on imported consumer goods, they claimed. The report, citing research by the Petersen Institute for International Economics, said that the TPP offered potential annual gains of $78 billion for the US economy.
The UK and Germany are leading in adopting RFID (radio-frequency identity) technology, accounting for around 70 per cent of the European fashion business. The total value of the RFID market is worth over $10 billion and is expected to touch $18.6 billion over the next decade. This is largely attributed to falling cost of tags not to mention the advantages offered by automated tracking and real-time visibility of every article in stock.
Connected technologies enable fashion retailers to automate processes and reduce administrative duties, freeing up staff to focus on customer service. Combined with near 100 per cent inventory accuracy, this leads to an enhanced shopping experience and higher sales conversion rates.
More and more retailers are turning to analytics, RFID and other in-store technologies. Retailers increasingly want cloud-based retail solutions with the promise of faster, pay-as-you-go software implementations.
Retail software specialist Detego has now digitally connected over a billion items of clothing. Detego is currently rolling out its software across 900 stores for a global sports brand, at a rate of about twenty stores a week, to improve the in-store experience for consumers and to support the brand´s omni-channel strategies. The retailer is gradually adding RFID tags to every article of clothing and footwear so that it can manage all 80 million items in real time.
Sutlej Textiles and Industries is a one‐stop‐shop for all kinds of spun dyed yarn from natural to manmade fibers. Sutlej is one of the largest manufacturers of value added melange yarn in India. For financial year ’16, yarn contributed 96 per cent to revenues and home textiles contributed four per cent.
The company entered home textiles in 2006. It is gradually expanding its capacity in the home textile segment to 9.6 million meters per annum from six million meters at the end of financial year ’16. The segment will contribute Rs 225 crores at full capacity with 20 to 25 per cent EBIDTA margins. The company will spend Rs 350 crores over the next two years on expansion and modernization at existing plants.
Expansion plans for its Rajasthan facility are on track and will be commissioned by the fourth quarter of financial year ’17. The company will spend Rs 270 crores with an expected payback period of four to five years.
Sutlej has 3, 77,688 spindles for yarn manufacturing located at Jammu and Kashmir, Rajasthan and Himachal Pradesh. It has the capacity to manufacture single-ply, double-ply and multi ply grindle, roving grindle core spun, slub and other fancy yarns.
A survey conducted in Bangladesh shows, Alliance has given passing grades to factories that are yet to implement life-saving safety changes the retailers had pledged to put in place following Rana Plaza factory’s collapse in 2013 that killed 1,137 people.
The fatal collapse highlighted the hazardous working conditions in Bangladesh’s garment industry and prompted promises of change from retailers including Gap, H&M, Walmart and others. Three and a half years after the building collapse, it has been concluded that the factories that provide clothing materials to some of the biggest names in retail have so far failed to implement key renovations by their own mandated deadlines.
The report has come to a conclusion that in some cases, once firm deadlines for repairs and improvements set for 2014 and 2015 were scrapped and later replaced with a 2018 deadline that coincides with the end of the Alliance arrangement. However, the Alliance disputed the findings saying it relied on inaccurate and outdated information.
Alliance has not published detailed reports of its progress. The new report, titled ‘Dangerous Delays on Worker Safety’, was compiled by the International Labour Rights Forum, the Worker Rights Consortium, the Clean Clothes Campaign and the Maquila Solidarity Network.
Israel headquartered Nilit, known for producing polyamide 6.6, will be showcasing its Nilit Innergy Sport and the new Nilit ATS nylon 6.6 yarns at the upcoming Sports Gear Sourcing Days show, to be held at the Espace Rencontre in Annecy-le-Vieux, France on December 6 and 7.
Nilit Innergy Sport nylon 6.6 yarn is designed to capture body heat and reflect it back to the body as FIR (Far Infrared Rays) to gently and deeply warm and invigorate muscles. A naturally occurring mineral incorporated into the fibres converts the thermal energy and generates the FIR emissions. Tests at an independent laboratory have confirmed that Nilit Innergy Sport increases oxygen levels in the blood, reduces lactic acid build up in muscles, and relieves muscle fatigue, discomfort, and tension, the company reports.
All these lead to greater comfort and better athletic performance. In addition, Nilit Innergy Sport nylon yarn is durable, stays fresh, and protects from UV radiation making it the perfect choice for both outdoor and indoor athletic wear, according to the manufacturer.
Another innovation from Nilit is the new Air Textured Soft (ATS) special air jet texturing technology. This technology makes Nilit performance nylon yarns light, airy, and soft. They are also said to dry faster and be more durable with longer-lasting suppleness.
Nilit’s ATS technology has instilled extra softness and strength into many of Nilit’s performance yarns. Nilit Heat with natural thermal insulation, Nilit Breeze with cooling plus UV protection, Nilit Aquarius with moisture management, and Nilit Body fresh with antimicrobial protection are all softer and stronger than before.
India is look at Trump’s announcement of dumping TPP in a positive light. Since India was not a part of TPP, it could have suffered some diversion of trade with the US and other member countries as TPP countries alone contribute to nearly half of world’s total trade share. The US being India’s second biggest trade partner and the single biggest export destination accounts for over 15 per cent of India’s exports (in value terms) with pearls and gemstones, textiles and apparel and pharmaceutical products being the top items of export. India exported goods worth Rs 2.6 lakh crore to the US in 2015-16. TPP could have been a serious cause for India’s fall in trade with the US.
The TPP is a trade and investment agreement between the US, Japan, Malaysia, Vietnam, Singapore, Brunei, Australia, New Zealand, Canada, Mexico, Chile and Peru. India is not part of the TPP. These 12 countries together cover 40% of the world's economy. Said to be the mother of all trade agreements, the TPP was criticised and opposed by civil society groups for over seven years now. The agreement was also opposed because of the secrecy surrounding its negotiations that would have impacted the health, environment and labour of the countries involved.
The European Bioplastics Conference will be held in Germany, November 28 and 30, 2016. This is an international conference dedicated to bio plastics. Stakeholders in bio plastics segment will get acquainted with the latest global bio plastics market developments, regulatory changes, and material and product innovations, and network with hundreds of like-minded peers.
The event attracts more than 350 senior bio plastics decision makers from across the bio plastics value chain, policy bodies, NGOs, and brand owners. Bio-based alternative products manufactured from renewable resources can have advanced technical properties and functionality compared to their petroleum-based counterparts.
European Bioplastics is the association representing the interests of the bio plastics industry along the entire value chain in Europe. Its members produce, refine, and distribute bio plastics, such as plastics that are either bio based, biodegradable, or both.
Bio plastics are a major driver in the evolution of plastics and they contribute significantly to a more sustainable society. Bio plastics, including bio-based polyurethanes, are highly complex and sophisticated materials that can help make plastic products more sustainable and continue to develop the many benefits of plastics further.
Due to a growing awareness and demand for sustainable products and their impact on the environment, bio plastics materials are becoming the material of choice for a rapidly growing number of brands and customers around the world.
The most comprehensive show on advanced machineries and commercial solutions for laundry and dry-cleaning industry in Asia ‘Texcare Asia’ will be held in China from September 27 to 29, 2017.
This event is a highly specialised trade fair for modern textile care, catering to manufacturers and suppliers in laundry and dry-cleaning in the textile, fabrics and yarns industry. It features manufacturers of machines, tools and devices for laundry, ironing, dry cleaning and dyeing, owners of laundry chain store and franchises, manufacturers of machines used in cleaning of carpets, floor coverings, upholstery and buildings and plant construction companies as exhibitors.
Texcare will serve as an effective networking and trade platform to assist industry players in capturing new opportunities created for service-related industries, including businesses relying on the use of professional textile care services.
Buyers will be able to explore an array of integrated solutions and the foremost technologies for smarter textile management and energy control presented by leading suppliers in the field. With growing awareness about the significance of energy conservation and environment protection, intelligent and resources-saving concepts are gaining more attention within the industry across Asia.
In 2015, the show attracted 153 exhibitors from 19 countries and regions and set a new record with 10,267 visitors from 54 countries and regions, a 20 per cent increase from the 2013 event.
