Japanese Textile Production Continues To Expand

Textile intelligence released by global business information company

Market report said Japan's technology in 2011 after a substantial increase last year.

Production continues to expand.

Total output increased 3.1% in 2011 and 18.7% in 2010, after 9 consecutive years of decline.

Technical textiles

However, the increase in output in 2010 was a correction rather than a recovery in a more sense, as output fell 22% in the height of the global economic crisis in 2009.

In the 8 years before 2009, the output decreased by an average of 5.2% per year.

Reconstruction after the earthquake and tsunami in Northeast Japan in March 11, 2011

Demand increased, and a large proportion of artificial fiber production expanded in 2011.

Therefore, companies producing raw materials for construction and civil engineering projects have become the beneficiaries of increased demand.

However, rising demand is unlikely to continue in the medium to long term.

Japanese enterprises will face more and more competition from low-cost manufacturers of similar products, especially Chinese enterprises.

As companies continue to rebuild their production enterprises in low-cost countries, the industry will be further restructured, and this trend will become increasingly acute as China's automobile and auto parts production rises rapidly.

Therefore, Japan's production is expected to decline in the next few years. Although prices may remain stable in the production of some high-performance industrial textiles, the general trend will continue downward.