The textile is still a huge market because it can be widely used and is much needed in daily life.
Speaking of this, many only relate textile industry with the apparel business. It’s most commonly seen in the clothing we put on ourselves. Cotton price dropped below 60 cents this year due to a large export amount and overstock in China. The apparel industry saturation has led to an excessive inventory. This also indicates that consumers are choosing to spend their allowance on other things. In an recent report from Morgan Stanley, apparel expenditure took up to 7 percent in 1972 and has dropped to 3 percent in 2013.
The apparel industry focuses on custom-made styles and sizes and what technology it could be applied to this craft art, known as the wearable. You can buy t-shirts everywhere, from Macy’s, Urban Outfitters, or Nordstrom. But a t-shirt that is tailored to you must be custom made. It’s unique. With the variety of materials, clothing are no longer only knitted. It could be printed out by 3D printers.
The globalization makes trade so much more easily and cheaper. It creates more job in developing countries, in which is strengthening their consuming power. Once they have a surplus in expenditure, they can afford other things besides necessity, such as food and basic clothing.
A new study supports its idea that non-apparel textile (including sheets, towels, rugs, carpets, rope and twine) mills and manufacturing industry in the US will reach $35.6 billion by 2021. If you look at these products closely, they are all tightly related to the service industry, which is a larger part of a developed state’s economy. Therefore, as a member in the textile manufacturing hub, we’ve realized the importance of producing the wanted products instead of the popular ones and have learned the lesson.
3D Plastic Fabric
The Museum of Modern Art (MoMA) recently acquire a plastic garment, printed by a 3D printer, CNN reported.
3D printers are industrializing the manufacture industry in the 21st century by introducing a new producing material and procedures. The making of this plastic dress overturned the tradition of clothing materials. Your dress and shirt no long need to be knitted or sewed but printed.
Smart textile can adapt and learn like we humans do. In this case, “the scent called Aqua Alba has been designed to replicate aromas released from a glass of whisky, known as the nose of the liquid,” reported by BBC.
This is huge potential for the textile industry if a custom scent can be absorbed into the product. It can smell like whiskey today and probably raspberries tomorrow.
Different materials will be added into the knitting process for different purposes. In this case, it will be the smart device that can report to the ones can save your life.
This technological breakthrough, described in a recent article in the scientific journal Sensors, clears a path for a host of new developments for people suffering from chronic diseases, elderly people living alone, and even firemen and police officers.
Reported by Engineering.com
Cotton price has dropped below 60 cents, lowest since 2009. If the price drop continued, cotton farmers will certainly seek other alternatives. Evelyn Nguleka, the head of the farmers union in the southern African country, said that dramatic fall in incomes has made farmers’ life “increasingly difficult,” according to the Financial Times.
As many may know, one of the reasons for the price drop is a result of the excessive stock in main export countries, a.k.a. China. China reportedly holds 60 percent of the current global cotton inventories. China’s pushing this stock cotton to the market at a lower price forces the market price to be lowered to be competitive.
Some industry experts say that the price won’t recover until the cotton stockpile runs down, in additional to cutting the global production, according to the Financial Times.
Source: Financial Time_ Cotton farmers hit hard as prices drop to lowest since 2009