VDMA TFL: Incoming orders & turnover sustainably grows

VDMA

18 November 2022, Mumbai:

"The mood among manufacturers of Textile Care, Fabric, and Leather Technologies is largely positive," said Elgar Straub, MD of VDMA Textile Care, Fabric and Leather Technologies at the trade association's industry meeting in Brussels. "Despite the enormous increase in energy costs, the still existing problems in the supply chains, and the still unforeseeable consequences of the war, the industry representatives report well-filled order books.".

Orders and sales of the German manufacturers of Textile Care, Fabric, and Leather Technologies are still on a growth course: in the period from October 2021 to September 2022.

The most important export market from a German perspective was Poland, followed by Italy and France.

Incoming orders increased by 37 percent in real terms and sales are also positive for the technology manufacturers with a growth of 14 percent compared to the previous year.

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