The European Union (EU) is now in a challenging phase. The energy crisis is eroding household purchasing power and weighing on production. Economic sentiment has markedly fallen.Growth is set to significantly contract at the turn of the year.

Amid elevated uncertainty, high energy price pressures, erosion of household purchasing power, a weaker external environment and tighter financing conditions are expected to tip the EU, the euro area and most member states into recession in the last quarter of the year. The EU is among the most exposed advanced economies, due to its geographical proximity to the Ukraine-Russia war and heavy reliance on gas imports from Russia. However as inflation keeps cutting into households' disposable incomes, the contraction of economic activity is set to continue in the first quarter of 2023.

Growth is expected to return to Europe only in spring, as inflation gradually relaxes its grip on the economy. With powerful headwinds still holding back demand, economic activity is set to be subdued, with GDP growth reaching 0.3 per cent in 2023 as a whole in both the EU and the euro area.By 2024, economic growth is forecast to progressively regain traction, averaging 1.6 per cent in the EU and 1.5 per cent in the euro area.

Turkey’s retail sales volume rose by nine per cent in September 2022. In the same month, non-food (except automotive fuel) sales increased by 13 per cent, automotive fuel sales decreased by three per cent and those of textile, apparel and footwear rose by two per cent compared to September 2021.

Retail sales volume increased by one per cent in September 2022 compared with August 2022. In the same month, non-food (except automotive fuel) sales increased by two per cent, automotive fuel sales increased by one per cent and those of textile, apparel and footwear did not rise at all.

Retail turnover increased by 130 per cent in September 2022, while its rise was five per cent month on month. The retail turnover of the textile, apparel and footwear sector rose by 127 per cent year on year in September while its rise was six per cent month on month.

From January 2022 to September 2022 Turkey’s apparel exports increased by ten per cent.Earnings from exports of knitted and crocheted clothing and accessories grew by seven per cent during the same months of the previous year. Earnings from exports of non-knitted apparel and accessories grew by 14per cent compared to the same period of the previous year.

The plus size clothing market is growing at five per cent a year. With the greatest obese population, and the most money spent on plus size clothing, the United States leads the market. The Asia-Pacific region is forecast to grow at the highest rate. Europe is expected to develop rapidly in the global plus size clothing industry.

The market for plus size apparel has been boosted by a number of factors, including celebrity endorsements and a positive public impression of persons who are plus sizes.

The male category leads the market. The casual wear category dominates the plus size clothing marketdue to increased acceptance and acceptability of casual wear among consumers for social occasions. The mid-priced segment dominates the plus size clothing market. In response to the rising demand for plus size clothing, retailers are focusing on launching plus size apparel in order to attract more customers.

The market share for plus size clothes is increasing as obesity and overweight problems become more prevalent. The market share for plus-size clothes suffered as a result of the Civid outbreak. Due to a labour shortage, production problems like fabric shortages and order cancellations, lower exports, and a decrease in consumer spending on non-essential items, plus size clothing sales have decreased.

Savio’s new Proxima Smartconer is a high-tech winding machine. It is capable of perfectly adapting to the demands of connectivity, Industry 4.0 and Industrial Internet of Things.

Spinners will get a machine featuring high-tech capabilities, thanks to a design with a strong focus on the main benefits for customer’s competitive advantage: high productivity, low energy consumption, premium yarn quality, automation, and data connectivity.

Proxima Smartconer has been designed with the foremost attention to customers’ needs in the optimal utilization of a winding machine. The machine offers high productivity thanks to the new Smart Booster, a shorter bobbin change cycle and a faster splicing cycle. Energy consumption is low through the use of the latest and most efficient self-regulating independent motors and frequency inverters. It has easy use and settings thanks to the new Human Machine Interface. Bobbin flow is efficient in the automated models.

Smartconer means a winder with many smart functions, making for a more connected, increasingly efficient, and flexible machine. Smart monitoring of the winding process is possible thanks to the Industrial Internet of Things digital solutions.

Savio, based in Italy, began as a workshop for the production of textile components and is today the leader in the yarn finishing machine sector. It operates worldwide in the manufacturing and marketing of automatic winders, heat-setting winders and two-for-one twisters with factories in Italy, China and India.

India ITME will be held in Noida, December 8 to 13, 2022.

This mega technology and engineering B2B exhibition for textiles is hosted every four years in India to cater to the machinery and technology requirements of the textile industry of India, southeast Asia and the Middle East.

India ITME has planned a rich array of concurrent programs, workshops and conferences. Key topics for the further growth of the Indian textile industry with the latest technology and government policy vision for boosting textile machinery manufacturing will be discussed.

India ITME Society has played a significant role in facilitating technology access to the nation’s textile industry from across the globe enabling textile segments to upgrade manufacturing technology and export capabilities. ITME exhibitions from the1980s onwards have been a boon for small companies who can view and access engineering advances in textile machinery from across the globe without bearing high costs.

Over time, India ITME events have become a prime event for southeast Asian countries. Slow and steady has been the growth story of the Indian textile industry, which has striven to build modern capabilities alongside nurturing age-old tradition and skills to stay strong and proud; face challenges from speed, cutthroat price competition, youthful/instant fashion brought on by the advent of modern technology.

Switching to manmade fiber can help Bangladesh apparel manufacturers get higher prices. The country has the potential to switch to the production of synthetic fiber-based textile and apparel to realise greater per unit values in the world market.

The global consumption of polyester filament and staple fiber has been on the rise while the demand for clothing made with cotton has been on the decline. Buyers are choosing manmade fabrics as substitutes to cotton fiber for sustainability and environmental issues. Synthetic fiber makes up 78 per cent of the world's clothing and the remaining 22 per cent is made of cotton fiber.

As of now 70 per cent of garments exported from Bangladesh are based on natural cotton while the remaining 30 per centis made of synthetic fiber. So Bangladesh holds just a five per cent market share of the global manmade apparel trade while rival Vietnam holds a ten per cent share.

Global manmade fiber apparel exports grew by four per cent while that of cotton-based items shrank by 0.5 per cent annually between 2011 and 2019. Cotton apparel exports then fell by some 15 per cent in 2020, while manmade fiber garment shipments saw robust growth of eight per cent in 2021.

The industrial fabrics market is growing by seven per cent a year.

Major key factors propelling the growth of the industrial fabrics market are the rapid expansion of the textile industry across the world and the production of fabrics globally.

Industrial fabrics are generally utilized in the production processes of the parts of structures, machines and other technical articles. Employing both natural and synthetic materials, industrial fabrics are manufactured in diverse patterns to be used in varied manufacturing processes. The presence of textile businesses is anticipated to bolster the production of industrial fabrics.

The global industrial fabrics market is also estimated to grow on account of the growth in the production of textile fibers across the globe and the significant number of industrial accidents. The automotive segment is anticipated to garner the largest revenue. The rising demand for automobiles by the burgeoning population is expected to increase the sales of industrial fabrics in the upcoming years.

The Asia Pacific industrial fabrics market is anticipated to hold the largest market share by the end of 2033 among markets in all other regions. The rising population along with their increasing demand and manufacturing of textile fibers in the region are some of the major factors anticipated to drive the growth of the market in the Asia Pacific.

The International Cotton Association (ICA) held a trade event in the US, November 8 to 10, 2022.

Over 450 delegates from the global cotton community gathered. This was the ICA’s first traditional trade event in three years. The three-day event saw a variety of top industry speakers take to the stage. The event began with a series of regional forums and a diversity focused panel session. There was also plenty of opportunity for delegates to network and do business, one of the main event attractions. The ICA fully embraces sustainability and to that end continues to work with sustainability platforms around the world.

This year, ICA has signed MOUs with Better Cotton, US Cotton Trust Protocol, and Cotton Made in Africa, and actively engages with all organisations to promote sustainability throughout the cotton supply chain. The Women in Cotton group continues to make great strides in increasing diversity within the cotton industry. Next year's event will take place in Singapore, October 10 to12, 2023.

Promoting global cotton trade, the International Cotton Association (ICA) is the world’s leading cotton trade association and arbitral body.The ICA has more than 550 members and its membership spans all corners of the globe and represents all sectors of the supply chain.

India’s growth of Industrial Index of Production (IIP) rebounded in September 2022 to 3.1 per cent. This could have been higher had the textile sector performed even at an average rate. However the textile and clothing sector (T&C) performed poorly on IIPs.

In September, the index declined 12 per cent for textile manufacturing and 21.7 per cent for apparel manufacturing. The index for manufacturing of textiles declined to 106.8 in September 2022 from 121.4 during the same period of last year. Manufacturing of weaving apparel went down from 158.7 to 124.7. The cumulative index for April 2022 to September 2022 fell 108.8 for manufacturing of textiles. The index was noted at 115.1 in April 2021 to September 2021.

The index of wearing apparel increased from 116.1 to 134.2 in April 2022 to September 2022. The IIP for September 2022 rose to 3.1 per cent from August’s contraction of 0.7 per cent. Growth in September 2021 was 4.4 per cent. For the April to September period, IIP grew by seven per cent compared with a 23.8 per cent rise in the previous year’s same period. The textile sector is facing a slowdown in India and the world at large due to economic adversities. Therefore, India’s domestic and export demand for apparel has declined.

Egypt’s total exports increased by 48 per cent in 2021, this was helped by a rise in exports of fuels followed by exports of raw cotton. Egypt’s exports of made-up garments also saw a notable increase. Packaged clothing exports were on the list of the most important Egyptian exports of finished goods and these increased by about 45 per cent.

Egypt is planning to double its garment exports. The plan is to increase annual exports by eight per cent to 15 percent. An initiative will be launched to bankroll big and middle-sized industries with a five percent interest rate, in the hope that this would help secure finances needed by the clothes sector.

Egypt’s textile exports increased by 28 per cent during the first nine months of 2021. Exports of fabrics were up 17 per cent. The higher exports were driven by the gradual easing of restrictions in markets and the high vaccination rates across the world.

Egypt wants to have stronger trade relations with Africa. Steps include taking part in international exhibitions in the African continent and setting up an Egyptian-African free trade zone.The main countries Egypt is interested in are Kenya, Zambia and Ivory Coast.