In the first half of 2025,the global textile machinery market continued to face significant headwinds,including economic slowdown,persistent inflation,and dampened consumer sentiment.According to Dr.Harald Weber,Manag...In the first half of 2025,the global textile machinery market continued to face significant headwinds,including economic slowdown,persistent inflation,and dampened consumer sentiment.According to Dr.Harald Weber,Managing Director of the VDMA Textile Machinery Association,German exports of textile machinery and accessories saw a yearon-year decrease of approximately 9%between January and May.This trend was not unique to Germany,as exports from all European countries also declined amid ongoing geopolitical tensions and unpredictable trade policies.Despite these challenges,the incoming orders are bottoming out,potentially signaling the beginning of an industry recovery.However,the protectionist policies have contributed to a cautious investment climate worldwide.And the protectionism is not limited to the U.S.,with subsidies and other unfair advantages for domestic companies distorting competition in multiple regions.Now,trade barriers are the most pressing challenge for the global textile industry,urging manufacturers to reduce strategic dependencies to mitigate risks.展开更多
文摘In the first half of 2025,the global textile machinery market continued to face significant headwinds,including economic slowdown,persistent inflation,and dampened consumer sentiment.According to Dr.Harald Weber,Managing Director of the VDMA Textile Machinery Association,German exports of textile machinery and accessories saw a yearon-year decrease of approximately 9%between January and May.This trend was not unique to Germany,as exports from all European countries also declined amid ongoing geopolitical tensions and unpredictable trade policies.Despite these challenges,the incoming orders are bottoming out,potentially signaling the beginning of an industry recovery.However,the protectionist policies have contributed to a cautious investment climate worldwide.And the protectionism is not limited to the U.S.,with subsidies and other unfair advantages for domestic companies distorting competition in multiple regions.Now,trade barriers are the most pressing challenge for the global textile industry,urging manufacturers to reduce strategic dependencies to mitigate risks.
