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Key Drivers of Global Fibre Market for Textile Industries

Availability of high-quality tools and machinery for the textile industry, including HDPE spinning cans, has been instrumental in improving spinning quality. We will here take you through the key drivers of the global fibre market for textile industries:

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Key Drivers of Global Fibre Market for Textile Industries

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  1. 1. Rising Demand & Per Capita Consumption Of Fibre ● Total demand for eco-fibres rising exponentially. ● Value of the Indian textile industry is estimated to be $220 billion figure by 2021. ● Average disposable income of households expanding the global fibre market. ● CAGR of the eco-fibre market worldwide over the 2019-2025 period is expected to hover around the 9.1%-9.2% mark.

  2. 2. Easy, Competitive Production Opportunities ● Ready availability of high quality raw materials. ● Man-made fibres can be easily derived ● Growing flexibility in fibre designing is also widening the usability of fibres in diverse applications. ● Spinning cans manufacturers are a major contributor the the textile industry as well.

  3. 3. Steadily Growing Competitive Advantages ● Indian textile industry, in particular, has a comparatively lower average cost of manufacturing . ● Providing employment to well over 45 million people ● Spurt in the number of reliable spinning cans manufacturer companies. ● Enhanced sustainability is driving the fibre market further.

  4. 4. Resolution Of Environmental Concerns ● Demand for eco-friendly cellulosic fibre varieties is increasing fast. ● Spinning can manufacturers ensure superior load capacities with minimal environmental burdens. ● Best spinning can manufacturers uses ○ re-designed HDPE cans ○ high-quality springs & Accessories

  5. 5. Growing Role Of Technology & Usage Of Spinning Cans ● High-volume investments on technological upgradation ● High-quality products through process-driven models at their state-of-the-art manufacturing facilities. ● End-to-end support is being provided to streamline all processes ● Testing and quality monitoring tools are used. ● Fibre industry is becoming more ‘intelligent’, ROI figures are going up.

  6. 6. Robust Government Body Support ● Favourable governmental initiatives and regulations for producing bio-based products. ● With growing FDI availability, fibre and textile manufacturing hubs are growing at a rapid clip. ● Apparel and textile sector contributes close to 2.5% of India’s GDP. ● World-class spinning cans delivered by leading spinning can manufacturers, is all set to boost the global fibre market further in the foreseeable future.

  7. For more info, Read the blog from Jumac Key Drivers of Global Fibre Market for Textile Industries

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