Consumption Of Man-Made Fiber Fabrics Is Increasing Among Consumers.
< p > India textile enterprises and a target= "_blank" href= "http://www.91se91.com/" > textile < /a > processing enterprises expect that in the 2015-16 year, the compound annual growth rate of man-made fiber consumption in India market will reach 5.2%.
Recent industry research reports indicate that the disposable income will increase, the consumer class will expand, the urbanization process will accelerate, the retail penetration rate will increase, and the supply of cotton will be limited. Therefore, the proportion of man-made fibres in the market will increase in the next four years, such as polyester and viscose.
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< p > the industry accounts for about 40% of the demand for man-made fiber fabrics in India.
About 650 thousand of the power looms produce about 30 million meters of man-made fiber fabric every day, worth 300 billion rupees.
Insiders say that the consumption ratio of synthetic fiber and cotton fabric in the domestic market is 40:60.
The proportion of man-made fibres worldwide is about 65%.
However, with the limited supply of cotton and the price increase, the proportion of man-made fiber market, such as polyester and viscose, and blended fabrics, is increasing in the domestic market.
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< p > statistics pointed out that in 2013, the price of all kinds of man-made fiber fabrics rose 2-5 points, while cotton prices fell by 14% due to the increase in the prices of raw materials, PTA and MEG.
However, in the 2012-13 year, the actual output of India's man-made fibres was 9.34% lower than that of last year.
In 2011-12 years, the total output of filament fabrics was 20 billion 580 million square meters, compared with 18 billion 640 million square meters in 2012-13 years.
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< p > "although the output of cotton fabrics has increased from 30 billion 570 million square meters last year to 34 billion 100 million square meters in 2012-2013 years, the production of man-made fibres has decreased this year," said Arun Jariwala, chairman of the Federation of India arts silk weaving industry.
He added that the Ministry of textiles predicts that during the eleventh five year plan, the output of man-made fiber fabrics will increase by 46.41%, but nominal production will increase by 1.91%.
Similarly, cotton fabrics grew by 12.49%, compared with an increase of 72.26%.
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Dhiru Shah, chairman of the fair trade filament, said: "the prospect of the man-made fiber industry in the domestic market is very good." P
The consumption of man-made fiber fabrics has been increasing among consumers, which has led to the continuous expansion of the manufacturing capacity of weaving enterprises and textile processing enterprises.
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