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ITMF: 7th corona survey shows -9% global sales

From January 25-March 10, 2021, the International Textile Manufacturers Federation (ITMF), Zurich/Switzerland, conducted its 7th ITMF Corona-Survey among ITMF members and affiliated companies and associations about the impact the corona pandemic has on the global textile value chain. In total, 196 companies from around the world participated. The 1st ITMF Corona-Survey was conducted in March 2020 when the first lockdowns were announced in Europe.
The 7th survey revealed that actual sales in 2020 were -9% lower compared to 2019 (see graph). While this decrease is significantly better than the expected drop of -33% in the 3rd survey at the height of the first corona wave in April 2020, the year 2020 will go down into history as one of the worst years for the global textile and apparel industry.
In comparison to the expectations expressed in the 6th ITMF Corona-Survey (November 20-December 14, 2020), actual turnover for 2020 compared to 2019 has improved by 3% from -12% to now -9%. As could be expected the entire textile value chain was hit hard by the pandemic including textile machinery producers. Practically all segments under review were impacted negatively to different degrees in 2020.
For further information: www.itmf.org

Source:
dfv media group

Sandler: sales growth in 2020 despite corona

Notwithstanding the corona pandemic, nonwovens manufacturer Sandler AG, Schwarzenbach/Germany, can look back on a successful year 2020. The company achieved an increase in sales from 322 to €328 million.
To contribute to the fight against the corona virus, Sandler utilized as much capacity as possible for the production of nonwovens for face masks.
In the automotive industry and furniture production orders declined in the 2nd quarter 2020, while demand in other segments, such as nonwovens for disinfection wipes or personal protective equipment, increased markedly. At the same time, the company substantially invested in the modernization of workplaces and factory buildings. Furthermore, it continued to expand all of its market segments, among them applications in construction or hygiene products, also extending its range of efficient sound-absorbing materials for interior acoustics.
At Sandler Nonwoven Corporation in Perry, GA/USA, a new production line was set up inside a new building constructed specifically for this purpose. In late December 2020, first trial runs of the new production line were conducted; commissioning is now in its final stages.

Source:
dfv media group
More information: Sandler sales annual sales

Mayer & Cie.: market recovery after 2 challenging years

Once again in 2020, sales of the knitting machine manufacturer Mayer & Cie. GmbH & Co. KG, Albstadt/Germany, saw a 20% decline on the previous year to €72 million. In 2019 sales were already down 12% on 2018 despite the launch of a new product range of braiding machines in Albstadt. Comparing 2018 and 2020 sales directly, the downturn was all of 32%. At the end of 2019 the personnel structure was adjusted to the decline in demand.
Since late summer 2020, after the first wave of the corona virus, Mayer & Cie. has benefited from a significant recovery in the market. Further expectations for the 2021 business year are positive. Managing Director Benjamin Mayer expects the company to exceed the originally planned annual production of circular knitting machines. The sales target for 2021 is around €96 million and will lead the company back into the black.
The production of braiding machines at the Albstadt site was intended to compensate for fluctuations in the textile machinery market. In 2019 and 2020, the new business division could claim a 10-20% share of sales at full capacity. In terms of machines produced, an increase of 14% was recorded from 2019 to 2020.

Source:
dfv media group
More information: Mayer & Cie sales annual sales