Wednesday, February 27, 2013

The UAE textile market in 2011 was valued at USD 13 billion which has grown at CAGR of 9.9% during the period 2006-2011

The Textile industry in UAE encompasses several categories such as woven, knitted and non-woven fabrics. The UAE textile market in 2011 was valued at USD 13 billion which has grown at CAGR of 9.9% during the period 2006-2011. UAE is one of the major textile markets of the world which includes fibres, fabrics, cloth, apparels, outerwear and several others.  The output of the textile market in UAE has increased from USD 778.1 million in 2007 to USD ~ million in 2011, at a CAGR of 4.7%. In wake of favorable economic and business conditions in the country, the textile manufacturing market in UAE has been experiencing intense competition from the textile manufacturing countries in South East Asia such as China, India and Thailand. 

Wednesday, February 20, 2013

Coated Fabrics is forecast to increase 3.5 percent annually to 635 million square yards in 2016, an improvement from the declines of the 2006-2011

US demand to rise 3.5% annually through 2016
US demand for coated fabrics is forecast to increase 3.5 percent annually to 635 million square yards in 2016, an improvement from the declines of the 2006-2011 period. Gains will be driven by a rebound in motor vehicle production, a significant outlet for coated fabrics. In addition, renewed economic growth, along with rising manufacturing output, and rebounding construction activity will provide opportunities for coated fabrics. In value terms, coated fabric demand is projected to expand slightly faster than in area terms, based on price increases. Nevertheless, price increases will moderate from the 2001-2011 period, when costs of certain raw materials, such as crude oil-based polymers, rose substantially. Greater competition from lower cost imports, especially from China, will also work to restrain pricing gains. In 2011, 27 percent of all coated fabric demand was dedicated to the motor vehicle market in applications such as airbags, upholstery, headlining, trim, tops, and covers.
 

To Know More - Coated Fabrics

Tuesday, February 19, 2013

US demand for Nonwovens is forecast to rise 5.6 percent per year to $7.4 billion in 2016

US demand to rise 5.6% annually through 2016
US demand for nonwovens is forecast to rise 5.6 percent per year to $7.4 billion in 2016, benefiting from an acceleration in area demand. In area terms, demand for nonwovens is expected to climb 2.2 percent per year to 34.3 billion square yards. Renewed economic growth, along with rising manufacturing output and rebounding construction activity, will provide opportunities for nonwovens. The best opportunities are in nondisposable applications such as roofing, house wrap, motor vehicles, and carpets and rugs. Further gains will be limited as the US represents a mature market for a number of disposable goods using nonwovens, including baby diapers. Competition from alternative materials will also prohibit nonwovens demand from expanding at a faster rate.

 
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China Apparel market, which is estimated at CNY 857.2 Billion in 2012, is expected to grow at a CAGR of 7% during 2012-2016

China Apparel market is going through a very exciting phase, offering immense opportunities for players involved in the business. The market, which on one hand, is struggling due to increasing labor costs and declining overseas demand is growing at an astoundingly high growth rate on the back of increasing domestic market. Besides, factors such as increasing foreign players’ participation, rising investments and domestic players’ expansion are adding fuel to the ever-growing apparel industry in the country. the apparel market dynamics in different segments to highlight the areas offering promising possibilities for companies to boost their growth. The market, which is estimated at CNY 857.2 Billion in 2012, is expected to grow at a CAGR of 7% during 2012-2016.
 
To Know More - China Apparel Market Outlook 2016