Italian Textile Industry To Account For 30% Space At ITMA
Around 400 Italian exhibitors will be taking part at ITMA 2023 on about 36,000 square metres or 30% of the total ITMA exhibition area, and is an increase of over 20% compared to the previous edition held in Barcelona.
According to the Association of Italian Textile Machinery Manufacturers (ACIMIT), ITMA 2023 is an opportunity to highlight the excellence of Italian technology and stimulate new investments in the textile industry.
“ITMA 2023, the leading trade fair for the textile machinery industry, to be held in June in Milan, could be the driving force able to stimulate investment in the textile sector,” Alessandro Zucchi, President of ACIMIT said.
Giving figures for 2022, Alessandro Zucchi added that both, Italian production and exports of textile machinery increased by more than 10% compared to 2021 and production value exceeded Euro 2.6 billion, of which 87% came from exports.
Italian exports went mainly to Asia and Europe. Overall, the two areas absorbed 79% of foreign sales. China, Turkey, India and the United States of America were the main destinations of Italian sales abroad in 2022.
