Fabrics-Trading Futures
Many of the factors that shaped the global fabric trade at the turn of the millennium, and even over the last decade, are fast yielding to new age trends.
If one were to contract the value chain of the global textiles-apparel-fashion industry- for the sake of convenience and debate, the fate of much of the industry would depend considerably on the way fabrics are manufactured and traded. And, if one were to look at the big picture, it would be all about trade.
Sure, the global fabrics trade has seen a swathe of changes in this millennium, but the very nature of trade is such that it is fluid. Trade wars and geo-political complexities make it unpredictable.
So, to make informed decisions, it is important to see in what ways trade, or even sourcing, has changed in the recent past, and to understand certain key industry trends that will have an overbearing impact on the unforeseeable winds of trade.
Trending Tomorrow
Many of the trends that define trade today could well disappear tomorrow. How well-geared one is for the future would depend on ascertaining which ones will continue-and which will make an advent.
Predicts Sebastian Klinder, "Developments in digitalisation, the optimisation of AI will continue. They will be employed even more specifically in individual sectors such as automotive, aerospace, and also in the medical field. In terms of the textiles and fashion markets, there is a clearly growing trend towards the personalisation of products. At present, this is highly popular in the sportswear segment for sneakers. A batch size of one is possible without any additional expenses.