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Showing posts from January, 2020

Top 10 Textile and Apparel Exporting Countries in 2020

Do you know what are the 10 largest textile exporting countries in the world? Textile and apparel industry are the second largest industry of all and China and Bangladesh are two of the pioneers in apparel and textile manufacturing. There are some other apparel and textile manufacturing nations making their name in the largest exporter of clothing goods. The contribution of 10 largest countries are combined almost the 80 percent of the global apparel and textile manufacturing. Top 10 Textile and Apparel Exporting Nations To rank this list, we have to exclude a many country which are contributing a significant portion of export in the world. But still we are going to list the largest exporters which are covering the more than 2 third of the total global production. China It is known to everyone that China has been on the list for almost half a century. In 2020 China is still the largest textile and apparel manufacturing nation. Another Asian nation Bangladesh is o...

Textile and Apparel Industry Growth Opportunity in Africa

Textile and apparel industry are rapidly growing because of high demand and increasing purchase ability. In compare to previous years the fundamental clothing production is growing at 4.4% CAGR and expected to grow event faster after 2024. ( Source ). If we look into the global textile and apparel industry today, it is radically changing. And china is no more the fastest growing apparel and textile manufacturers. Rather countries like Bangladesh and Vietnam are growing to beat China soon. On the other hand, US is no more the largest fashion market in the world, China has crossed that milestone in the previous year. Yet there is even more potential growth among African nations which can define the entire industry for the future of textile and apparel industry. Ethiopia, Kenya, Tanzania and Madagascar are some of the textile and apparel manufacturing nations expected to become world’s leading textile and apparel manufacturers in near future. According to African News , the...