Moving in a dynamic and ever-evolving structure, the textile industry continues it's development with more innovation carried out in the field. Chinese companies are emphasising technology and innovation more than ever in order to be more competitive on the global market. Recent years fashion trends are changing dramatically due to technological advancement. The smart textile market is growing at a compound annual growth rate of 30.4 percent. The defense and military segment is anticipated to account for the highest market share by 2025, while sports and fitness segment will have the fastest CAGR. China is expected to be the main contributors to the growth of the smart clothing market in APAC in the coming years. Since the global economy has inevitably been affected by the US-China trade war, there is an increased demand for textile and apparel machinery in a number of Southeast Asian countries. At the same time, the declining competitiveness of traditional products is widely recognized by the global textile industry, more intelligent equipment and machinery is needed to further expedite the digital transformation of manufacturing, thereby enhance productivity and improve product quality.
This two-day event that will bring forward registrants with a wealth of understanding and inspiration. Explore the key trends and technological developments that are accelerating the high performance and intelligent textile market.