#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.

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.

Italian textile machinery: Orders index declines in 2025 third quarter

In the third quarter of 2025, the orders index for textile machinery – compiled by ACIMIT’s Economics Department (the Association of Italian Textile Machinery Manufacturers) – recorded a 16% decrease compared to the same period in 2024. In absolute terms, the index stood at 41.8 points (base year 2021 = 100).

EURATEX calls for a competitive and harmonised Circular Economy Act For Textiles

EURATEX, representing Europe’s textile and clothing industry with over 200,000 companies and 1.3 million workers, has submitted its official position paper to the European Commission’s consultation on the upcoming Circular Economy Act (CEA). The association welcomes the Commission’s initiative to shape a framework that strengthens Europe’s circular economy while maintaining industrial competitiveness.

VDMA members at ITMA ASIA + CITME in Singapore

With 69 exhibiting member companies, ITMA ASIA + CITME 2025 is once again marked by a strong presence of VDMA companies. Altogether 82 companies from Germany will exhibit at the show, covering about 3,500 square meters of exhibition space, topped only by China and Italy. VDMA initiated a German Pavilion with two group stands (spinning in hall 4 and finishing in hall 7) with a total of 30 exhibitors.

The LYCRA Company announces grand opening of its largest global Spandex production facility in China

The LYCRA Company, a global leader in innovative and sustainable fiber solutions for the apparel and personal care industries, today announced the official opening of its largest spandex production facility—the LYCRA® fiber (Yinchuan) Plant in Ningxia Province, China. This milestone underscores the company’s continued investment in the Chinese market and highlights its strong commitment to developing localized supply and distribution networks while advancing smart manufacturing upgrades.

Lenzing invests EUR 15 mn to strengthen position in the hygiene market

The Lenzing AG is investing approximately EUR 15 mn to expand its production capacity for premium viscose fibers at its site in Lenzing, Austria. This strategic investment is part of the recently announced investment program of EUR 100 mn in total to secure the long-term competitiveness of Lenzing’s Austrian production sites. The capacity expansion reinforces the company’s commitment to providing sustainable solutions to the global hygiene market. It also strengthens the company's role as a trusted provider of high-quality fibers for feminine care applications.

FET prepares for final exhibition of 2025

Fibre Extrusion Technology Ltd (FET) of Leeds, UK has completed its second major exhibition of 2025 at ITMA ASIA in Singapore, which is aimed at the textile and garment industry in South and Southeast Asia and the Middle East. Once again, this trade show proved to be a successful one for FET, with considerable interest from several countries surrounding China.