The US textile and apparel industry can hope for a good 2015. Overall mill shipments are expected to be up by about three to four per cent as per forecast. The growth would be led by basic mill products like fibers and fabrics. The more highly fabricated items that include carpets, household furnishings and industrial products also should begin to show growth at a much faster pace in 2015.
Segments like filtration, protective apparel, roofing and geo textiles and non-woven fabrics are also expected to register strong growth in 2015. The segment of active wear is also showing growth as more and more people are wearing active wear for activities other than exercising and this has resulted in sales’ growing at double the rate noted for non-active wear.
Predictions for the denim market for the rest of 2015 are also significantly better. Variants in this segment like 100 per cent cotton denim are gaining popularity. The market for traditional denim is also expected to do well.
On the whole the US clothing and apparel segment is slated to rise another five per cent or so over the rest of 2015. With a balance between shipments and demand and supply, average prices in the overall textile industry are also expected to be stable throughout the year.
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