Why Does Taiwan's Textile Industry Become A Fast Fashion Promoter?

In 2000, when the Internet was just rising, it was called the "10 Speed era".

The length of decision time is shortened from the distance between two cities to the distance that decision-makers move to the front of the computer.

Networks and computers have changed speed and friction, and the "frictionless economy" has entered the 1 edition.

More than 10 years later, the "frictionless economy" has evolved, and the decision-making time has been shortened to the length of the decision makers reaching out of their pockets. We have entered the "speed of 1000 times" faster than the 10 speed.

Reaction, efficiency and speed have been upgraded to a great extent, subverting the vast majority of industries, most of which are financial industry and technology industry.

In fact, this wave of "1000 speed era" has changed not only the technology industry and the financial industry, but also the traditional industries which have always been considered to be less affected by technology.

It is also undergoing a revolution that has been turned upside down.

Opening up the fashion industry is actually a brief history of speed.

From seventeenth Century to eighteenth Century, the trend of fashion is only once 100 years. Fashion changes are just like slow motion.

Slowly, it turns into 50 years, 20 years, and finally turns to every quarter.

But even so, Milan fashion week and Paris fashion show are still far away for the common people.

Fashion elements may gradually penetrate into everyday wear, but everyday wear is still changing at a slow pace.

When consumers find fashionable sportswear has become the new darling of the fashion industry in Milan and Paris, the changes and elements of fashion have quickly integrated into life.

These huge changes, fast fashion, beat the slow fashion.

and

It also extends the demand for special materials. After all, it is impossible to innovate continuously in the short term. It is impossible to design by design. From design extension to material design, composite materials, special materials and so on, the fast fashion, small quantity and innovative research and development have always been the strength of all industries in Taiwan. Taiwan textile industry has also taken this opportunity to start new development and develop functional textiles.

According to the information of Taiwan Textile Institute, functional exercise will take place in the next five years.

The market grew by an average of 5.2% per year, of which 70% of the global functional textiles came from Taiwan. Therefore, Taiwan has mastered the bargaining power of functional textiles.

During the period from 2011 to 2012, the Taiwan processing silk industry did not show significant competitiveness, so the price was still down by the fluctuation of raw materials. But after 3 years of pition, the average price of Taiwan polyester elastic composite processing yarn has increased from NT $145 per kilogram at the end of 2012 to NT $177 per kilogram. Even if the global oil price dropped in 2014, the price of composite processing silk remained at about 170 to 180 yuan per kilogram, indicating Taiwan.

It has considerable competition and bargaining power, which will be affected by fluctuations in raw materials in the past.

Taiwan textile industry has a complete supply chain. Downstream brand factories are mostly international factories. They focus on the quality of garments, and the order adhesion is high and it is not easy to lose. Taiwan is expected to have high adhesion.

To pform into the world's fast fashion movement, the relevant textile companies on the island can continue to pay attention.