For the period from July to September, the order index for Italian textile machinery manufacturers rose by six per cent compared to the same period in 2016. The primary foreign markets for Italian textile machinery showed a constant demand while growth has been ongoing for Italy’s domestic market, even if at a lower overall rhythm compared to the quarter from April to June.
Creativity, sustainable technology, reliability and quality are the characteristics which have made Italy a global leader in the manufacturing of textile machinery. Exports amount to more than 85 per cent of total sales. About 30 per cent of Italy’s revenue from the sale of textile machinery derives from the production of technical and innovative textiles. Demand for such products has consequently also driven a demand for ad hoc machinery specifically designed for this sector. The offering promoted by Italy’s textile machinery industry is thus expanding to the new demands of customers operating in this specific sector.
Italy is the world’s second largest producer of machinery for the textiles industry. In the production of machinery for tanning, and for the footwear and leather goods industry, Italy accounts for over 50 per cent of world production. The dynamic trend for Italy’s domestic market originates from a renewed climate of enhanced trust that is currently perceived in the textile sector. This has been triggered by the government’s commitment to enact a range of significant incentives for the country’s manufacturing system.