Global Printed Textile Industry : The report analyzes the textile industry in a global perspective, outlining the trends and the issues facing the industry. It also analyzes the industry within the frameworks of PEST and Porter’s Five Forces model. It discusses the printed textile market, with a focus on the technologies used in this market and emphasizes the digital printed technology. Further, the report studies the competition and the recent developments shaping it.
Executive Summary
Textile printing, over the years, has evolved into a digital format from the previous traditional format. Globally, digital textile production is growing at about xx% per year since 2002. Inspite of this growth rate, the adoption of digital printing is not widespread. Further, digital technology has yet to reach several key benchmarks, including faster production speed and a balance between capital investment and equipment life expectancy. Global textile industry dynamics are changing, with rising importance of Asian economies. The shift from developed manufacturing bases like the US and Europe to Asian countries is predominantly a result of the Multi-Fiber Agreement (MFA). The market is expected to be worth US$xxx billion by 2010, riding high on the low-cost countries.
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