The epidemic that has lasted throughout 2020 has brought about earth-shaking changes to all walks of life around the world, especially the global economy, which has suffered the most direct and severe blow. Although the epidemic is not over yet, people around the world are thinking and reflecting at all times after fighting the virus for nearly a year. A small virus in nature can bring such a huge disaster to us humans. It is time for us to face the warnings brought by the epidemic.
People attach great importance to hygiene and health, and governments and societies will pay more attention to environmental protection and governance. This will be a main theme in the world in the future. Perhaps the most intuitive change for our textile industry is that various recycled fabrics, environmentally friendly processes, and auxiliaries will receive more and more attention. This is of course both a challenge and an opportunity. The challenge is that end consumer demand may change this time, which may change consumers’ choice of clothing fabrics. Some existing and mature fabrics and processes may be abandoned; the opportunity is that this change will allow many people to review the situation. , Enterprises that follow the trend can stand out and emerge from the shadow of the epidemic to become bigger and stronger.
Inventories often amount to millions of meters, and conventional enterprises are on the verge of life and death
Inventory in the textile market The largest ones are conventional fabric manufacturers, which have basically reached a life-or-death moment after being “ravaged” by the epidemic in 2020. It is basically inevitable for every fabric weaving company such as polyester taffeta, imitation silk, pongee, satin, etc. to see a significant reduction in orders, shrinking profits, and alarming inventory growth.
According to the person in charge of a textile company, they are a polyester taffeta weaving company, mainly producing 210T and 230T polyester taffeta, with 40 looms, but an inventory of 1.5 million. rice. The situation of another company is similar, with 60 looms and an inventory of more than 3 million meters. The boss has sold a house in order to run the company.
The situation of artificial silk manufacturers on the market is not optimistic either. According to the person in charge of an imitation silk dyeing factory, they have not seriously made imitation silk products in 2020, that is, there have been some imitation silk orders at the end of the year. Now the factory has begun to transform into some elastic fabrics and market single fabrics. For some other companies that have taken the initiative to produce imitation silk printing, the days when their operating rate may exceed 50% this year are numbered on their hands.
While printing and dyeing companies are still like this, some weaving manufacturers are even more miserable. It is very common for a single product to have an inventory of more than one million meters. Of course, the poor situation of these conventional products in 2020 is inseparable from the epidemic, but it is also inseparable from the vicious competition caused by oversupply. Moreover, it is almost difficult to completely control the overseas epidemic in a short period of time in 2021. Should textile companies continue to accept the “ravage” of the epidemic and competition, or should they actively seek changes?
The recycling and environmental protection market is loose and may become the main battlefield next year
Because Europe and the United States are concerned about the environmental protection of clothing The pursuit of recycled and environmentally friendly fabrics has rapidly become the focus of the entire market in recent years. However, due to the epidemic this year, some clothing brands that focus on the concept of recycling and environmental protection have experienced bleak sales, which has also caused a sharp drop in sales of environmentally friendly recycled fabrics.
But the worst of the epidemic is over. Starting in the second half of 2020, the textile market began to see a large number of orders for recycled fabrics. According to a textile trader, the orders they have received for environmentally friendly recycled fabrics have far exceeded the same period last year. Recently, they have several orders on hand. Although the individual quantities are not large, most of them are one or two kilometers long. That’s 30,000 meters. But the order frequency is very high.
The popularity of environmentally friendly recycled fabrics is very important to our conventional fabric companies It’s a great opportunity because almost all the recycled fabrics on sale are our regular products in the past. As long as we replace raw materials in time, the production technology and process will not be much different from previous products, but the sales prospects will be hugely different.
Now many weaving companies have begun to change, conventional fabrics and Recycled fabrics go hand in hand. During the period when conventional products are shifting to environmentally friendly products, we can not only seize traditional fabric orders, but also not let go of emerging environmentally friendly fabric orders.
It is difficult to tell which product will be best-selling in the textile market in 2021, but judging from the performance in the second half of 2020, environmentally friendly recycled fabrics will definitely become the protagonist again. Especially when vaccines are used on a large scale, the epidemic is controlled, and clothing brand companies recover, a large number of orders for recycled fabrics may replace a considerable part of conventional products. </p
