Home Textiles: Weaving a Sustainable Future

Introduction: The global textiles and clothing market, valued at around $1.4 trillion, employs over 300 million people, making it one of the largest industries globally. However, the sector carries significant environmental and social challenges, demanding attention and reform. The Strategic Report on Global Home Textiles Sourcing Markets by Fibre2Fashion highlights the need for a paradigm shift in the industry, focusing on sustainability in home textiles.

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ITMF Survey Indicates Optimism for H1 2024

The global textile industry, grappling with a slowdown since the second half of 2022, is looking towards a more optimistic horizon in the first half of 2024, according to a recent survey conducted by the International Textile Manufacturers Federation (ITMF). The survey, undertaken in November 2023 and encompassing stakeholders across the textile value chain, revealed that 44% of participants anticipate a favorable change in business situations in the initial six months of the upcoming year.

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ITMF Releases International Textile Industry Statistics

The International Textile Manufacturer Federation (ITMF) has unveiled the latest edition of its International Textile Industry Statistics (ITIS), offering insights into productive capacity and raw materials consumption in the short-staple organized (spinning mill) sector across global textile-producing nations.

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