Internal communication tools in textile industry

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Internal communication tools in textile industry

Some are focusing on investment or employment, others on the supply chain performance or export growth. The global trends we will consider within this article are: Global world fiber demand is thus a continuously growing market due to the population growth and the increasing level of development worldwide.

The compound annual growth rate of per capita fiber consumption between and was 1. Population growth rates have been dropping in all regions of the world since then, and this trend is predicted to continue.

Current UN expectations are that the human population will level off at about 9.

Internal communication tools in textile industry

As a result, this means that fiber consumption in India will be fueled by population growth for another 2 to 3 decades. According to the World Bank, global growth is expected to rise to 3.

The IMF projects that output of emerging and developing economies will expand at 5. In advanced economies, growth is projected at 2. Forecasted growth in India is projected at 5.

Each country or region in the world is showing a similar pattern in growing per capita textile fiber consumption. We see that initially there is a strong growth in per capita fiber consumption, but at a certain stage in its development, the growth in fiber consumption will slow down and consumption of textiles will remain constant.

The growth is following a logarithmic curve over time.

Internal communication tools in textile industry

If we take the USA with an annual per capita fiber consumption of around 34 kgs as the highest developed country, we see that this consumption remains rather flat over the last years.

The same we expect to happen with growth in China and India, again with high growth figures now, but leveling off over time at a lower level again. Per capita textile fiber consumption in India is estimated at around 7,5 kgs per annum.

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We forecast this to double in India over the next few decades and to stabilise around world average levels by Major relocation shifts have been experienced during the last few decades. Future relocation is still important towards Africa but this will never have the same impact as the development and relocation to Asian countries, since we do not see the capabilities to make similar investments in new countries.

While labor costs in industrialized countries were more than ten, twenty or even thirty times those of Asian countries, investment in relocation paid off. The difference in labor costs between African and Asian countries is much lower.

With the clothing industry being more labor intensive, in the medium-term future some further relocation may take place. For India to maintain and grow its market share, it is an absolute prerequisite to be able to produce at a global competitive operating cost.SWOT stands for Strengths Weakness Opportunities Threats.

SWOT analysis is a technique much used in many general management as well as marketing scenarios. The Zacks Industry Rank assigns a rating to each of the X (Expanded) Industries based on their average Zacks Rank. An industry with a larger percentage of Zacks Rank #1's and #2's will have a. The Industrial Revolution was the transition to new manufacturing processes in the period from about to sometime between and This transition included going from hand production methods to machines, new chemical manufacturing and iron production processes, the increasing use of steam power, the development of machine tools and the rise of the factory system.

The Zacks Industry Rank assigns a rating to each of the X (Expanded) Industries based on their average Zacks Rank.

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