In a recent research shows that the market size for the textile and apparel industry was estimated to be approximately $165 billion in 2022. This figure comprises $125 billion from the domestic market and $40 billion from exports, according to a report.
In the global context, the apparel market was valued at around $1.7 trillion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of approximately 8 percent, reaching $2.37 trillion by 2030. As for global textile and apparel trade, it reached about $910 billion in 2021, and forecasts suggest a CAGR of 4 percent, leading to a market worth $1.2 trillion by 2030. This information is based on a knowledge report titled 'Textile Industry's Amrit Kaal: Roadmap for $350 Billion Market by 2030,' presented by the Federation of Indian Chambers of Commerce & Industry (FICCI) and Wazir Advisors at the FICCI TAG 2023 Annual Textile Conference.
The report also emphasizes several key areas for the industry's future development. It recommends a strong focus on automation and digitization to enhance operational efficiency, a concerted effort towards workforce and skill development, expanding into new markets through free trade agreements, developing capabilities in synthetic textiles and technical textiles, and adopting global best practices for manufacturing. Furthermore, the report highlights the importance of government support for existing textile industry clusters, which can contribute to capacity building and enable small and medium-sized enterprises to participate in global competition.
It's evident that future manufacturing and the textile industry will be characterized by three essential factors: low labor costs, a preference for quality, and a commitment to environmental protection. The traditional manufacturing production models are gradually falling short in meeting the demands of modern textile production. As a result, the adoption of mechanized and intelligent production methods to replace manual labor becomes imperative. This approach not only enhances production efficiency but also conserves resources and mitigates environmental pollution.
Within the textile production process, textile warehousing and transportation play a pivotal role, directly impacting the efficiency of distributing and transporting textile products. This segment, however, requires a significant labor input, making it a crucial factor in improving production and distribution efficiency. Utilizing intelligent equipment in this segment to reduce labor costs is indispensable.
To address the challenge of reducing labor costs in textile warehousing and transportation, SUNTECH Textile Machinery, with over 50 years of design experience and technological expertise, has developed motorized beam trolley equipped with harness mounting devices through precision mechanical design. These trolleys seamlessly load warp beams and cloth beams from looms onto axle trucks, transport them smoothly to beam storage, and then load them onto storage racks via mechanical lifting processes. These axle trucks operate responsively, work smoothly, are user-friendly, have high loading capacity, and require fewer transport cycles. They are well-suited for various working environments, overcoming the limitations of manual handling, reducing the labor intensity of textile industry workers, enhancing work efficiency, significantly cutting labor costs, and improving production outcomes and product quality.
SUNTECH's electric warp beam lift trolley with harness mounting device technology has matured significantly, with over 4,500 customers and more than 15,000 successful cases worldwide. According to customer feedback, one electric warp beam lift trolley with harness mounting device can boost handling efficiency by over 50%, resulting in more than 60% labor and cost savings, translating into annual cost reductions in the hundreds of thousands of dollars.
The installation of the upper loom frame follows standard procedures, ensuring the correct installation of the loom frame, warp stop motion plate, contact rod, or the entire warp stop motion seat on the loom. SUNTECH electric warp beam lift trolleys with harness mounting devices offer various advantages, including maintenance-free gel batteries, smooth starting and braking with electronic pulse steering, automatic expansion of lateral support roller movement, electric drive for quick warp beam elevation to a fixed position, configuration of parallel guide rails for the upper loom frame device, and a balanced warp beam hanging arm to maintain uniform warp tension.
SUNTECH Textile Machinery's electric warp beam lift trolleys with harness mounting devices are capable of intelligently handling substantial quantities of cloth rolls, fabrics, weaving beams, and warp beams. They are characterized by a compact footprint, substantial capacity, swift handling, flexible mobility, stable transportation, and easy loading and unloading. These trolleys are highly adaptable to diverse working environments and, with their electric and intelligent features, they significantly boost production efficiency, cut labor costs, and enhance profitability in the textile industry. Inquiries about these innovations are welcomed!