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Global Apparel Markets: Business Update, 2022 - Part Two

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    Report

  • 30 Pages
  • June 2022
  • Region: Global
  • Textiles Intelligence Ltd.
  • ID: 5632746
This report provides information, analysis and valuable insight into developments relating to the global apparel industry in the following categories: acquisitions, divestments and mergers; circularity; corporate social responsibility (CSR); environmental sustainability; investments; market forecasts; new facilities; and recycling.

Brands, companies, other organisations and initiatives featured in this report include: Asos, Carbios, Cone Denim, Fashion for Good, Fast Retailing, FibreTrace, Frontier Yarns, Gildan Activewear, H&M Group, HeiQ, Inditex, Levi Strass & Co, Mango, Messe Frankfurt, MycoWorks, Oritain, Saitex, Stony Creek Colors, The Biomimicry Institute, The European Commission, and VF Corporation.

Who should buy this report?

  • Manufacturers of fibres, textiles, clothing and chemicals
  • Textile and clothing machinery manufacturers - spinning, weaving, knitting, sewing and import/export
  • Textile and clothing brands and retailers like Adidas, H&M etc.
  • Educational institutions like universities, fashion schools etc.
  • Business consultancy firms
  • Textile and clothing trade associations
  • Government trade bodies

 

Table of Contents

SUMMARY
ACQUISITIONS, DIVESTMENTS AND MERGERS
  • Gildan Activewear has acquired Frontier Yarns for US$168 mn
CIRCULARITY
  • H&M Group has launched a circular design tool as part of its aim to manufacture only circular products by 2025
  • The European Commission has published the EU Strategy for Sustainable and Circular Textiles
CORPORATE SOCIAL RESPONSIBILITY (CSR)
  • Cone Denim has extended its partnership agreement with Oritain in order to support the Uyghur Forced Labor Prevention Act (UFLPA)
  • Global apparel brands have taken action against Russia in response to the military invasion of Ukraine
ENVIRONMENTAL SUSTAINABILITY
  • Fashion for Good has launched a pilot operation called D(R)YE Factory of the Future which aims to reduce the amount of wet processing carried out in the textile industry
  • Fashion for Good has launched a pilot operation called Untapped Agricultural Waste Project which will assess the feasibility of using agricultural waste in the manufacture of fibres
  • Levi Strauss & Co has collaborated with Stony Creek Colors in the launch of a pilot operation relating to plant-based dyes
  • Traceable pigments produced by FibreTrace have been certified as being compliant with the Global Organic Textile Standard (GOTS)
INVESTMENTS
  • Carbios has secured Euro30 mn (US$34 mn) worth of investment to scale up its C-Zyme technology
  • HeiQ has received significant investment for the development of its HeiQ AeoniQ yarn
  • MycoWorks has secured US$125 mn worth of investment for the construction of a full-scale production facility
  • The Biomimicry Institute has secured Euro2.5 mn (US$2.9 mn) worth of investment to launch a pilot project relating to the decomposition of textile waste
MARKET FORECASTS
  • Consumer expenditure on clothing and footwear in Africa and the Middle East is forecast to grow by 5.3% per annum between 2020 and 2025
  • Consumer expenditure on clothing and footwear in Asia and Oceania is forecast to grow by 4.5% per annum between 2021 and 2026
NEW FACILITIES
  • Saitex has opened a fabric manufacturing facility in Vietnam
RECYCLING
  • Fashion for Good has established a pilot operation to scale up technologies for chemically recycling polyester
  • VF Corporation has joined a consortium to launch a pilot operation relating to the recycling of blended textile waste in Cambodia
List of Tables
Table 1: Africa and the Middle East: consumer expenditure on clothing and footwear, selected markets, 2016-25
Table 2: Asia and Oceania: consumer expenditure on clothing and footwear, selected markets, 2018-26

Samples

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Companies Mentioned

  • Asos
  • Carbios
  • Cone Denim
  • Fashion for Good
  • Fast Retailing
  • FibreTrace
  • Frontier Yarns
  • Gildan Activewear
  • H&M Group
  • HeiQ
  • Inditex
  • Levi Strass & Co
  • Mango
  • Messe Frankfurt
  • MycoWorks
  • Oritain
  • Saitex
  • Stony Creek Colors
  • The Biomimicry Institute
  • The European Commission
  • VF Corporation