05.23.17
In its World Survey on Textiles & Nonwovens, The Fiber Year reported on the 2016 world fiber market.
According to its report, the world fiber market size has surpassed the threshold of 100 million tons in both definitions, reaching 101.4 million tons (+1.4%) with cotton use included and 100 million tons (+3.2%) when considering cotton production.
The world fiber market at 101.4 million tons has witnessed a continued slowing of growth in the fourth consecutive year. Manmade fibers grew 2% while natural fibers remained unchanged.
The Fiber Year says the volatility in this business has been tremendous, and tough times for the global economy increasingly raise uncertainty on trade and future market access, as it appears that protectionism may be on its way back.
Volatility and uncertainty may be newly added to the textile-related buzzwords. Both keywords enrich the list of concerns and will not stimulate investments as experience shows.
The current four-year annual slowing in demand is close to tie the historic low in modern textile industry. Five co
According to its report, the world fiber market size has surpassed the threshold of 100 million tons in both definitions, reaching 101.4 million tons (+1.4%) with cotton use included and 100 million tons (+3.2%) when considering cotton production.
The world fiber market at 101.4 million tons has witnessed a continued slowing of growth in the fourth consecutive year. Manmade fibers grew 2% while natural fibers remained unchanged.
The Fiber Year says the volatility in this business has been tremendous, and tough times for the global economy increasingly raise uncertainty on trade and future market access, as it appears that protectionism may be on its way back.
Volatility and uncertainty may be newly added to the textile-related buzzwords. Both keywords enrich the list of concerns and will not stimulate investments as experience shows.
The current four-year annual slowing in demand is close to tie the historic low in modern textile industry. Five co
Continue reading this story and get 24/7 access to Nonwovens Industry for FREE
FREE SUBSCRIPTION
