Global Textile Trade Dynamics: Opportunities and Challenges in 2025
The prospects and issues of the global textile trade in 2025 can hereby be described as the following. New opportunities are in emerging markets mainly due to the increased disposable income and increasing demand for sustainable clothing. However, the industry has threat factors that include; disruption of supply chain, conflict in geopolitical, and shifting regulatory environment. AI and automation are vital to optimize production to become more sustainable, however the transition to more sustainable material demands heavy investments. The sustainability of the businesses will therefore be critical in the new textile trade with future globalization as a driver. There are two future trends that are crucial: adaptability of the companies and strategic cooperation.