Japanese technical textile production continued to increase in 2011 after growing substantially in the previous year, according to a new report from Textiles Intelligence.
The global business information company’s study highlighted that output was up 3.1% in 2011 following an 18.7% rise in 2010, which came after nine consecutive years of decline.
However, the jump in 2010 represented more of a correction than a recovery, having come after a 22% dip in 2009 at the height of the global economic crisis. In the eight years prior to 2009 there had been an average decline of 5.2% per annum.
According to Textiles Intelligence, a large part of the rise in man made fibre production in 2011 was due to an increase in demand for materials for reconstruction following the earthquake and tsunami which hit north-eastern Japan on March 11, 2011.
Consequently, the companies which stand to benefit the most from the increase in demand are those producing materials that are suitable for use in construction and civil engineering projects.
But the rise in demand is unlikely to be sustainable over the medium to long term, as Japanese companies will face growing competition from low cost producers of basic items, especially those based in China, said the report.
As a result, volumes are expected to fall in the coming years and, although values could be maintained in the manufacture of some high performance industrial textiles, the overall trend will continue to be downwards.