Related Keywords: compete through quality instead of quantity, fireproof fabrics produced in Taiwan, hard to compete with China, need to develop into complete supply chain, opportunities in high-end functional fabrics, smart applications, sports and leisure activities, Taiwanese textile industry, TMMFA, upper hand in research and design, use of global trends
Taiwanese textile industry need to develop into a complete supply chain and compete through quality instead of quantity as it is hard to compete with China through quantity, said Taiwan Man-Made Fiber Industries Association (TMMFA) chairman Hou Po-ming on Wednesday.
According to the latest industry data China controls 73 percent of the global chemical fiber market share while Taiwan only holds 2.9 percent.
With opportunities lie in high-end functional fabrics and other smart applications, the industry could make use of global trends in sports and leisure activities.
