Face Mask Ear Cord Machine
Machine model: Dt2020
Machine name: Mask rope crochet knitting machine
Machine size: 5m * 12m * 1.8m
Material: Polyester + Spandex / Nylon + spandex
Size: 2.8-5mm
Color: white
Pattern: round / flat
This round / flat elastic band is suitable for all kinds of facial mask hanger, mask elastic band, KN95 mask, FFP2 elastic earring, fluffy hat elastic belt, doctor cap elastic belt, medical mask elastic band, tubular elastic earring, gloves elastic band, facial mask elastic rope, mask bungee jumping, surgical mask earring.
Information about textile industry
At the beginning of 2020, a sudden new epidemic has cast a shadow on the global economy, and the textile and clothing industry has also been
seriously impacted in this environment. On March 30 and April 6, the International Federation of textile manufacturers and the international
clothing union jointly issued a report to study the impact of the new crown epidemic on the global textile and clothing industry.
01 impact on clothing industry
1. Offline revenue plummeted
The sudden new crown epidemic has an unprecedented impact on the clothing market demand. In order to avoid the concentration of people, many
governments require the stores to be closed, resulting in a 100% decrease in turnover. In areas where there is no mandatory requirement to
close clothing stores, the government also calls on people to keep social distance and stay at home as much as possible. McKinsey reported
that the turnover of physical clothing stores in Europe fell by 30% - 40%. In areas with severe outbreaks, turnover fell by as much as 80%.
And online sales can not make up for such a huge loss of offline sales. Online sales are basically stable, and some e-commerce platforms have
declined by 5% - 20%.
2. The profits of small and medium-sized brands are narrowed
The negative impact of the new crown epidemic on the clothing industry is more obvious than other industries. The reason may be that the
decline of clothing sales began to appear before the outbreak. Combined with the unnecessary attribute of clothing consumption, its sales
slump is inevitable. Consumers in Europe and North America need to stock up on food and DIY products more than just clothes. It is worth
noting that this depressive behavior of consumers may give the market a signal of consumption saturation. Large online retailers have begun
to push sales through big discounts. At this time, the weather is getting warmer. It's winter and spring in Europe and North America. There
should be a large demand for consumption. This behavior of large online retailers will disrupt the market order and further squeeze the
market share of small and medium-sized brands. In the current special period, we see that some industry associations are considering
requiring the government to issue decrees to limit the period of discount. The European Union for freedom and democracy has formally proposed
this policy to the European Commission in the EU market.
3. The industrial chain needs to face the crisis together
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