International Textile Manufacturers Federation (ITMF) has launched the 10th ITMF Corona Survey and will announce the results later this month. The Federation recently published the results of 9th ITMF Corona Survey which indicated a positive outlook for the global textile industry in the next six months. As per the survey, the balance between good and poor business situation was in July at +23 percentage points. The expectations for January 2022 are also promising with a positive balance of +23 percentage points.
In addition to Corona Surveys, ITMF also uses digital tools to conduct webinars and to interview industry experts from across the world. It also compiles statistical data about capacities, investments, production costs, etc. This enables members get a better understanding of how the industry is evolving. Christian Schindler, Director General, ITMF believes, federation members are missing out on the in-person meetings at conferences, workshops, and seminars. He hopes, scheduled to be held in Switzerland from April 10-12, 2023, the next ITMF Annual Conference will take place as a regular in-person event.