Asia industrial consumer end products on world economic growth plays a very important role. Currently, the country’s main faster growth prospects in China, India, Korea and other developing countries. 2012, the global textiles market sales of about $ 129 billion, compared with 2011 growth of 2.5%, of which Asia accounted for 45% of the global textiles market. Asian textiles market, consumer spending in China accounted for 50 percent, is a very important country. In the past 20 years, China’s industrial textiles consumption of about 10% per year rate of growth. However, China’s industrial textiles are usually some of the low-end products, as well as intermediate materials, high-tech and high value-added products still need to be imported. Relative to the U.S. and Europe, China’s low labor costs, expected China’s industrial textiles industry will continue to have the advantage in the global market.
In addition, in 2013 the Indian textile industry in the global market share accounted for only 9%, of which approximately 67% of the production of low-end products, only 33% of the production of high-end products. The reason is because of India’s industrial textiles and nonwovens industry is still in its infancy, relative to the U.S., Europe and China, its advanced technology is not in place.
Overall, in 2013 the international industrial market economic growth is slowing down, but many analysts believe that this modest slowdown is healthy, it helps to ease inflation, is to ensure that the inevitable road industry advantage everlasting.
After 2014 and the United States and other industrial textiles manufacturer’s market share in developed countries is expected to increase. Mainly due to demand in some market segments, such as automotive, defense, geosynthetics, security and technology products, and graphic fabrics. In my opinion, the manufacturer of success in 2014, are the people who should be able to carry out a significant investment in innovative products and be able to clearly communicate the value of products and services to customers. This time I will focus on the above mentioned market analysis focused on the end product, they are: security technology products, narrow fabrics, geosynthetics and graphic fabrics.
2013 security products for the U.S. market margin is 17%, the main reason for this figure is large multinational investment and acquisition, and development of new technologies, so that smaller companies is difficult to enter the market.
International Textile Industry Association in October 2013 to U.S. security and protection products for the market were investigated, according to the report: U.S. security and protection products for suppliers and manufacturers are expected, compared with 2013, 2014 and Global Security protection products on the market with sales expected to increase by 6%. These markets include military clothing, construction and industrial, and automotive industries, including the automotive industry in 2014 will be the safety and protection products on the market have a strong influence. In addition, the traditional end-product manufacturers safety and protection products on the market will continue to face intense competition from cheap Chinese imports.
