Textile industry in Asia
Textile industry in Asia
Currently, the biggest part of the textile industry is in Asia. The reasons are simple: firstly, the funds for the engagement are not very much, and then there is a lot of workforce in Asia. However, in Asia, the competition in the textile industry is seriously increasingly in the recent years because it appears a lot of new comers in this field.
The market in Asia will be separated after 3-4 years
Some experts suggest that the Asian countries will separate the textile market according to the different situation of these countries. For example, China, Thailand and Vietnam will manufacture mainly high-end and means of range products, while Laos, Bangladesh, Burma and Cambodia will make the low-end products.
Textile machinery industry in Asia
Nowadays, the products in the textile machinery market are mainly: yarn cutters, yarn break sensors, and quality control equipment, etc. The types of machines are more diversified and the functions are more complete that can meet the demand of the textile industry.
The development of the textile machinery market is not stable. For example, in the Chinese market in 2012, the sum of exporting textile machinery is to $ 2.24 billion, which reduced 0.17 %. The reason is that the industry structure has changed and that the development of new technologies also provides some shock to a certain extent. The importance of automation is more and more obvious in the textile industry. Textile machinery market faces the double competition from China as well as the foreign countries. However, some professionals say that Asia will become the textile machinery market, which develops the fastest in the whole world with the most complete equipment. more information about yarn cutters clic here and more information about yarn break sensors are here