The global market for Textile Machinery
is projected to reach 19.8 million units by 2025, driven by healthy gains in
demand for apparel especially functional and performance wear. Other factors shaping
growth in the market include innovations in smart clothing, the need for new
production technologies and ensuing spurt in the investments in production
equipment modernization and upgrades; strong demand for non-woven fabrics and
the ensuing need for machines with high speed, cost effective processing of
activities like web formation, bonding as well as finishing. The ever changing world of fashion creates continuous
opportunities for specialty machines capable of performing specific tasks such
as embossing and mercerizing. While embossing creates specialized effects on
fabrics, mercerizing increases the shimmer and strength of cotton fabrics. A key trend taking center stage in the market is
rise of automation supported by the changing competitive dynamics of the
textile industry. Few of the factors necessitating automation in production
plants and mills include growing quality standards and resulting pressure to
manufacture clothing with enhanced quality, precision, accuracy and consistency
in fiber diameter, temperature and tension control; growing competition and consumer
price sensitivity and resulting need to reduce production costs and increase production
efficiencies; shortage of skilled labor; reduced factory lead times and faster time-to-market.
Automating repeated tasks such as cotton picking, ginning, spinning, weaving,
and processing tends to result in massive productivity gains. Few of the areas
where automation is gaining momentum include yarn manufacturing and spinning,
fiber manufacturing, weaving and fabric manufacturing and dyeing and printing, and
textile finishing. Read More…
The Global Market for Private Tutoring Services is Forecast to Reach US$227 Billion by 2022
Intense Competition among Students and the Growing Need to Achieve Academic Excellence Drive the Global Private Tutoring Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Private Tutoring market. The global market for Private Tutoring Services is forecast to reach US$227 billion by 2022 , driven by the need to keep pace with classroom teaching, improve overall competency and enhance knowledge and skill level. Education is considered the social ladder to achieve success in personal and professional life. Higher education is associated with increased opportunities in the labor market, high remunerations, and improved social standing. People are therefore investing heavily in children’s education, including private tutoring or private supplementary tutoring which is emerging as a major phenomenon in the global education system...
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