France is the sixth largest textile machinery manufacturer in the world. Its main market used to be the European local market. However, with the transfer of textile and clothing industry to Asia, French textile machinery enterprises have also transferred their market to China, India and other Asian countries. Recently, the Textile machinery market in China has not been so optimistic, but seems to be improving recently, while the Indian market, thanks to government and local investment stimulus, is very active.
French textile machinery manufacturers have historically contributed to the development of the textile industry by producing overlength spinning machines, worsted yarn machines, jacquard and dobby machines, heat setting machines and dyeing machines, Hugo learned from French media reports on June 17. Export categories include new textile technologies such as textile material recycling technology and non-textile processing machinery and equipment.
Historically, the French textile machinery industry has been largely oriented to the domestic and European markets. Later in the crisis, however, emerging countries such as China, India and Turkey became major markets for French textile machinery.
The French Textile Machinery Manufacturers' Association (UCMTF) claims that the domestic market for clothing and home textiles has collapsed for a long time. "More recently, the same has been true of European markets, which have shifted to China, India, Turkey and so on." "The person said.
Recently, the Textile machinery market in China has not been so optimistic, but seems to be improving recently, while the Indian market, thanks to government and local investment stimulus, is very active.
The outlook for the French textile machinery industry looks upbeat as sales recover to pre-crisis levels.
France is the world's sixth-largest exporter of textile machinery, with 35 manufacturers that export more than 1 billion euros ($1.4 billion) a year.