Search Results for: Research
10 results out of 6019 results found for 'Research'.
NEW EU ANTI-SUBSIDY TARIFFS MIGHT PUSH CHINA AUTOMAKERS TO RELOCATE PRODUCTION IN EUROPE
European Union (EU) tariffs of up to 38.1% on China-built BEVs effective July 5 (2024), likely will not stall progression of Chinese automakers onto Europe’s markets but could steer them towards producing or assembling cars in the bloc, say auto industry experts.…
EU ROUND UP – NEW EU TERM OF OFFICE MAY TIGHTEN CHEMICAL CONTROLS
As the European Union (EU) approaches its next five-year term (2024-9), with a new European Parliament already elected and a new European Commission taking office, probably on November 1, the EU executive has released important guidance on controlling harmful chemicals. These include paint and coatings ingredients, with a Commission ‘Communication’ on ‘the essential use concept in EU legislation dealing with chemicals’ (1) advising on how to decide whether a potentially dangerous substance is so useful and difficult to replace, it should not be banned.…
KENYA CLOTHING SECTOR FOCUSES ON DEEPENING USA TRADE RELATIONS
The Kenyan clothing and textile sector is looking forward to expanding through overseas sales should the African Growth and Opportunity Act (AGOA) trade protocol between the USA and 32 sub-Saharan African countries be extended to 2041 after its current authorisation expires next September (2025). …
ISOTOPIC TESTING FOR BANNED CHINESE COTTON RAISES RISKS FOR VIETNAMESE GARMENT EXPORTS
With Vietnam named the top exporter to the United States of products covered by the Uyghur Forced Labor Prevention Act in 2023, Vietnamese garment manufacturers that use undeclared Chinese cotton inputs are now risking being caught by isotopic testing. These can link cotton to specific geographic areas by analysing the concentration of stable elements like carbon and hydrogen present in both the crop and the environment in which it has been grown.…
FRENCH PAINT SECTOR WILL WEATHER THE STORM, SAY EXPERTS
French paint and coating companies are performing well, with the industry recording a EUR5 billion turnover in 2023, said Gilles Richard, managing director of Paris-based Fipec (France’s federation of paints, inks, colours, glues and adhesives and wood preservation industries/Fédération des Industries des Peintures, Encres, Couleurs, Colles et Adhésifs, Préservation du Bois), which represents around 150 businesses.…
SPORTSWEAR RETAILERS STRUGGLE TO OVERCOME INTENSE INVENTORY PROBLEMS
The international sportswear industry is trying to develop new strategies, often using ultramodern technology, to deal with continued inventory challenges, overstocking and demand volatility – particularly intense in recent years.
In a January 2024 report, ‘Time to move: Sporting goods 2024’ (1), New York, US-based global management consulting firm McKinsey & Co and the Berne, Switzerland-based World Federation of the Sporting Goods Industry (WFSGI) noted that sportswear companies “continued to struggle with inventories” in 2023, largely due to overstocking because “anticipated demand failed to materialise”.…
ASIA-PACIFIC REGION LEADS GROWING SALES AND INNOVATION IN WOOD COATINGS
The Asia-Pacific region is a key driver of the world’s wood coatings market, accounting for 44.7% of worldwide sales in 2022, according to US-based Allied Market Research (1). These in total are significant and expanding, with US and India-based market researcher Fact.MR…
AI OFFERS COMPREHENSIVE OPPORTUNITIES TO TEXTILE SECTOR – ACROSS SUPPLY CHAIN
Interest is growing in how artificial intelligence (AI) can be used to further boost the booming global textiles market, which was valued at USD1.8 trillion in 2023, with revenues estimated to grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2030, according to India- and US-based market research and consulting company Grand View Research (1).…
JAPAN NON-ALCOHOLIC DRINK MARKET EXPANDS IN VOLUME AND DIVERSITY
As the largest non-alcoholic ready-to-drink (RTD) market in the Asia-Pacific region, according to Tokyo-based food and beverage consultancy GourmetPro (1), Japan has long been attractive to international non-alcohol brands, with the expansion of the market since 2020 intensifying attention.
Non-alcoholic beverages other than beer, such as cocktails and ‘chuhai’ (shochu and carbonated water flavoured with a kind of fruit juice – often categorised separately from cocktails in Japan), produced by Asahi, Sapporo, Kirin and Suntory; and umeshu (plum wine), such as ‘Yowanai The Choya’, began to appear on the market in 2010.…
INDONESIA'S VISCOSE FIBRE INDUSTRY SURGES AMIDST GLOBAL DEMAND, SUSTAINABILITY CONCERNS
Indonesia’s viscose fibre industry is experiencing solid growth, driven by a shift in global consumption patterns and significant investments in domestic production capacity.
The country’s government has also taken steps to support the industry through incentives, trade negotiations and regulations promoting sustainable practices, stressed industry insiders.…