The 8th combined exhibition will be held from 19 to 23 November 2023 at the National Exhibition and Convention Centre in Shanghai.
The premier textile machinery trade show in Asia, ITMA ASIA+CITME, is scheduled to begin in Shanghai on November 19. Italian technology will be prominently shown, presenting creative and eco-friendly solutions, once again.
A total of 59 Italian machinery companies will present at the forthcoming ITMA ASIA+CITME 2022, which will be held from November 19 to 23 in Shanghai after being postponed for a year because to the Covid19 pandemic. 26 of these 59 manufacturers are going to show technological advancements as part of the National Sector Groups hosted by ACIMIT and ITA - Italian Trade Agency. Italy, with a surface area of around 2,000 square meters, is one of the key international exhibiting countries at the event, as it has been in past editions.
Asia is an important market for Italian textile equipment producers, accounting for 38% of total Italian textile machinery exports (about 338 million euros) in the first half of 2023. China, in particular, is a critical market for Italian companies, ranking first in Asia and second globally behind Turkey in 2022. The value of Italian machinery sold in China in the first six months of this year reached 81 million Euro.
The general outlook for the Chinese market remains positive, although the demand for foreign machinery from local textile manufacturers has slowed somewhat for this first half of the year, comments ACIMIT president Marco Salvadè. Investments in the textile industry have never stopped, so there is no shortage of opportunities in China. I believe ITMA ASIA + CITME will confirm our expectations for a recovery in demand.
Indeed, the demand for machinery in China is centered mainly on technologies capable of combining savings in production costs with solutions aimed at respecting the environment. “My belief is that to increase competitiveness at a global level, China textile manufacturers just like those of other Countries need to focus on the digitalization of production processes, as well as on sustainable technology solutions.
In this regard, Italian technology can certainly satisfy these needs, proposing innovative processes designed to enhance sustainability and digitalization, something which visitors at the fair will be able to see for themselves,” Salvadè concludes.
ITMA ASIA + CITME has returned to Shanghai after two years, with a full reopening of the Chinese market, a significant statement that marks a reprise for the entire sector, says Augusto Di Giacinto, Italian Trade Commissioner in Shanghai. Indeed, ITMA ASIA + CITME remains one of the most important events for the Italian textile machinery sector, as well as a highly anticipated event for Chinese operators who are increasingly sensitive to quality, innovation, and Made in Italy ability to combine technologies that can bring cost savings with product sustainability. Furthermore, we must keep in mind that capital goods and new technologies account for more than 40% of all Italian exports to China, which are highly valued by Chinese consumers.
