#Associations

2021-01-07

6th ITMF Corona-Survey: Improved turnover expectations for 2020 and beyond

Graph 1: Worldwide, expected turnover 2020 is down on average by -12% (versus 2019). © 2021 ITMF

Between November 20th and December 14th, 2020, ITMF has conducted its 6th ITMF Corona-Survey among ITMF members and affiliated companies and associations about the impact the Corona-pandemic has on the global textile value chain. In total, 159 companies from around the world participated.

In comparison to the 5th ITMF Corona-Survey (September 5th – 25th, 2020), the turnover expectations have improved in the 6th survey by 4 percentage points from -16% to now -12% compared to 2019 (Graph 1).

For 2021 and the following years, turnover expectations have overall improved slightly (see Graph 2). On average, the companies are expecting a small improvement from -1% (5th survey) to +3% (6th survey) compared to 2019. Also, for 2022 and 2023 the outlook has improved slightly from +9% (5th survey) to +11% (6th survey) and from +14% (5th survey) to +15% (6th survey), respectively. The turnover expectations for 2024 – compared to the 2019 levels – have not changed (+18% in the 5th and 6th survey).

The latest survey reveals that in the medium- and long-term turnover expectations have not changed significantly. Nevertheless, due to the reduced turnover drop of -10% in 2020, the industry is expecting to recover the losses incurred in 2020 by the end of 2022.

Graph 2: Worldwide, expected turnover to increase by +18% until 2024 (versus 2019).

Additional and more detailed information about the 6th ITMF Corona-Survey arebe published in the current edition of the ITMF Newsletter.

SIMTA joins ITMF as Corporate Member

In the past two decades SIMTA has established itself as producer of specialized machinery for the textile industry. In short period of time, SIMTA became an important supplier of precise rollers for top OEMs. Afterwards SIMTA started manufacturing overhead cleaners, bobbin transport systems, and other textile ancillaries. In the meantime, SIMTA is a leader in this space in collaboration with the German automation technology partner Jacobi.

ITMF and IAF conclude successful Joint Convention 2025 in Yogyakarta, Indonesia

The International Textile Manufacturers Federation (ITMF) and the International Apparel Federation (IAF) have successfully concluded their second joint convention, held this year in Yogyakarta, Indonesia. In close collaboration with the host Indonesian Textile Association (API), the event gathered over 400 delegates from around the world from across the entire textile and apparel value chain.

Engineering depth and diversity for composites

Airbond is the latest member of the British Textile Machinery Association (BTMA) to receive recognition for contributions to the composites industry. The engineering firm based in Pontypool, South Wales, has just received the Make UK Energy and Sustainability Award for its Lattice 3D Printing project.

FITA, ABIT and EURATEX underline strategic importance of Mercosur – EU Partnership Agreement for the textile and apparel industry

The Argentine Textile Industry Federation (FITA), the Brazilian Textile and Apparel Industry Association (ABIT), and the European Apparel and Textile Confederation (EURATEX) continue to monitor the process of internalizing the Mercosur-European Union Partnership Agreement. This agreement is essential for the competitiveness of our industries, on both sides of the Atlantic.

Circulose restarts commercial-scale production at Ortviken plant in Sundsvall

Circulose today announced the restart of its commercial-scale production plant at Ortviken in Sundsvall, Sweden, marking a significant step in scaling next-generation materials for the global fashion industry. The company plans to resume production of CIRCULOSE®, a recycled pulp made entirely from discarded cotton textiles, in the fourth quarter of 2026.

VIATT 2026 to debut German Pavilion, strengthening European participation alongside key Asian textile hubs

Vietnam’s textile and garment sector continues to be a major contributor to the country’s economic growth, with export revenues expected to reach USD 46 billion in 2025, a 5.6% increase from 2024 . From 26 – 28 February, the Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) is set to contribute to economic growth opportunities by accelerating digital transformation and green transition across the entire textile value chain. The upcoming edition will respond to the rising demand for advanced technologies and sustainable materials with the introduction of the German Pavilion, alongside strong exhibitor participation from key Asian sectors, as well as several high-profile fringe events.

Sustainable, lightweight, and sound absorbing: Polyester-based front trunk solution for BEVs

As car manufacturers look to further reduce their carbon footprint, Autoneum has developed an innovative front trunk solution for battery electric vehicles (BEVs), made entirely from polyester-based textile. The Ultra-Silent Frunk offers significant weight reduction, improved acoustic and thermal insulation, and uses up to 70 percent recycled material, supporting sustainable and efficient vehicle design. Autoneum, global technology leader in acoustic and thermal management for vehicles, has already received orders for the new frunk from three major OEMs in Asia and Europe to be built in three BEV models. Series production for two BEVs has been underway in China and Germany since last year.