16 Italian textile machinery manufacturers will take part in the ITM International Textile Machinery Exhibition 2024, at the most important meeting of the sector organized between 4-8 June, with the support of ACIMIT and the organization of Italian Trade Agency -ITA, which supports the global business development of Italian companies.
Italy's leading companies of textile technologies aim to present their new products produced with the latest technology to the Turkish market at the exhibition.
One of the world's leading textile bases, Turkey is an important market for international textile machinery manufacturers. In this sense, with 183 million Euros in 2023, the country has become the second foreign market for the Italian textile machinery manufacturers. Italy's leading companies of textile technologies are participating in the ITM 2024 International Textile Machinery Fair to improve commercial relations in the Turkish market and to introduce their technologies and newest products that will shape the textile world.
Italy's leading textile machinery manufacturers will exhibit their latest innovations and sustainable technologies for Turkey's dynamic textile and clothing industry at the ITM 2024 Fair, which will be held between 4-8 June. This year's fair not only highlights the impact of Italian manufacturers on the Turkish market, which have a share of approximately 10% in the global export market of textile machinery but also the strategic importance of this market for the Italian economy. Italian textile machinery stands out with its advanced technology and well-equipped products especially in Asian, European and American markets. Turkey is the second largest foreign market behind China for Italian textile machinery manufacturers.
In 2023 Italian textile machinery exports reached a value of 2 billion Euros, i.e. 86% of the total production. On the other hand, Turkey is an important destination for Italian textile machinery exports with 183 million Euros. These figures also reveal the importance of the nation for the Italian textile machinery industry.
Italian Trade Agency (ITA) Director Marco Pintus said about Italian textile machinery manufacturers participation in ITM 2024; “Italy's leading manufacturers in textile machinery technologies aim to lead the Turkish market with their developments in areas such as digitalization and optimization of production processes.
ITM 2024; It offers an excellent opportunity to showcase the impact of Italian innovation, technology and quality for the Turkish textile industry. The participation of Italian textile machinery manufactures will contribute to increase their capacity in the Turkish textiles and ready-made clothing industry as well to strengthen their competitiveness in the global arena. Italian textile machinery manufacturers will make significant contributions to the growth and development to the Turkish textile industry by providing innovative and advanced technological solutions.”
