[pageLogInLogOut]

#Associations

Companies see light at the end of the pandemic tunnel

Turnover 2020 impacted by the corona pandemic per region (versus 2019) - © 2021 ITMF
Between January 25th and March 10th, 2021, ITMF has conducted the 7th 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, 196 companies from around the world participated. The 1st ITMF Corona-Survey was conducted in March 2020 when the first lockdowns were announced in Europe.

Global turnover 2020 dropped -9% on average vs. 2019 

The 7th survey revealed that actual turnover in 2020 was -9% lower compared to 2019 (see Graph 1). While this decrease is significantly better than the expected drop of -33% in the 3rd survey at the height of the first Corona- wave in April 2020, the year 2020 will go down into history as one of the worst years for the global textile and apparel industry.

In comparison to the expectations expressed in the 6th ITMF Corona-Survey (November 20th – December 14th, 2020), actual turnover for 2020 compared to 2019 has improved by 3 percentage points from -12% to now -9% (Graph 1). 

Turnover 2020 compared to 2019 (per segment)
Turnover 2020 compared to 2019 (per segment)


As could be expected the entire textile value chain was hit hard by the pandemic including textile machinery producers. Practically all segments under review were impacted negatively to different degrees in 2020 (see Graph 2). The two segments standing out positively are the producers of nonwovens (+/-0%) and of fibres (+10%). It can be assumed that those two segments have benefitted from the extraordinary demand for masks during?2020, which compensated to a significant extent for the loss in other areas like automotive or apparel.


For 2021 and the following years up to 2024, turnover expectations are positive (see Graph 3) and have overall not changed compared to previous surveys. On a global level, turnover expectations are especially strong for 2021 and 2022, an indication that companies are expecting a strong recovery. For 2023 and 2024 companies’ growth expectations are weaker. Looking at the various regions the most striking result is the positive expectations of companies in Africa (+31% by 2024), compared to the other regions that range between +12 and +21%.

What is your company´s expected turnover from 2021 to 2024 comparde to 2019 (regional average)?
What is your company´s expected turnover from 2021 to 2024 comparde to 2019 (regional average)?


More News from International Textile Manufacturers Federation (ITMF)

More News on Associations

#Techtextil 2026

VDMA members at Techtextil: Smart technologies for technical textiles

At Techtextil 2026 in Frankfurt, the members of VDMA Textile Machinery underline their key role as global technology leaders for technical textiles and textile processing. With a strong presence of more than 50 members they will highlight how engineering excellence, innovation strength and sustainability expertise from Germany and Europe are shaping the future of the textile industry. Seven companies will be present at the VDMA group stand in the centre of hall 12.0.

#Techtextil 2026

Between geopolitical pressure and industrial resilience

In this interview, Dr. Janpeter Horn (VDMA) discusses the current challenges facing textile machinery manufacturers, shaped by geopolitical tensions, regulatory developments and subdued investment. He also outlines why innovation strength, integrated solutions and strategic positioning remain key to global competitiveness.

#Texprocess 2026

Between investment restraint and modernization pressure

Texprocess 2026 takes place in a complex market environment shaped by uncertainty and innovation pressure. In this interview, Elgar Straub (VDMA) explains why the trade fair is particularly relevant this year and which technologies are driving efficiency and competitiveness.

#Associations

Europe is losing its textile industry

EURATEX has released its latest Economic Update on the performance of the European textile and apparel industry in 2025. For the third consecutive year, the sector recorded negative results across all key indicators — production, turnover and employment — confirming a continued erosion of competitiveness across Europe.

Latest News

#Techtextil 2026

Speed and connectivity: Techtextil and Texprocess provided market-ready solutions for industries under pressure

With more than 36,000 visitors and 1,700 exhibitors from a total of 112 countries, Techtextil and Texprocess 2026 demonstrated how innovation comes into industrial use. The convergence of research, industry and application proved to be a breeding ground for new material solutions, manufacturing and processing technologies. Natural fibres, performance apparel, connected systems and AI-driven processing technologies emerged as key growth and future markets.

#INDEX 2026

Italian Textile Machinery heads to Geneva for Index 2026

An important delegation of Italian companies will exhibit at the upcoming INDEX 2026, the world’s leading event for the nonwovens sector, taking place from May 19 to 22 in Geneva (Switzerland). Numerous Italian exhibitors will be present within the Italy Pavilion, organized by the Italian Trade Agency (ICE) and ACIMIT, an exhibition area of over 140 square meters dedicated to the latest innovations proposed by the Italian industry.

#Textile processing

Vivien Altmann-Morelli new Director of Texcare

As of May 1, 2026, Vivien Altmann-Morelli will take over as Director of Texcare International and the associated brand Textile Care & Cleaning Technologies. In addition, the Food Technologies brand will also fall under her responsibility.

#Recycling / Circular Economy

Efficient recycling of textile PET

At the upcoming Plastics Recycling Show Europe in Amsterdam on May 5–6, BB Engineering will present its portfolio of PET recycling technologies. The German machinery manufacturer will once again focus on textile recycling and melt filtration.

TOP