7th corona survey shows -9% global sales
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