Textile Sourcing & Market Access Risks: The Textile Industry’s Biggest Risks and Mitigation Measures

The Industry is Changing

The textile industry is undergoing a significant transformation driven by various global factors. Climate change, tightening legislation, geopolitical tensions, resource depletion, and the de-globalization of trade are leading to a paradigm shift in business operations.

Discover Resortecs’ comprehensive guide on how textile players can navigate these challenges and take control of their value and supply chains to mitigate the industry’s most significant risks of the decade.

Key Risks Facing the Textile Industry

Risk 1: High Volatility of the Availability and Price of Natural Raw Materials
The availability and pricing of natural raw materials are becoming increasingly unpredictable due to climate change and resource depletion.

Risk 2: High Volatility of the Availability and Price of Recycled Material
Recycled materials are facing similar volatility issues, influenced by market demand, legislation, and sustainability practices.

Risk 3: Market Access Challenges
Geopolitical tensions and shifting trade policies are creating barriers to market access, impacting global supply chains.

Risk 4: Lead Time Issues Due to Logistical Perturbations and Disruptions
Logistical challenges, such as transportation delays and disruptions, are causing significant lead time issues, affecting the timely delivery of goods.

Risk 5: Costly EPR Fees
Extended Producer Responsibility (EPR) fees are increasing operational costs, necessitating efficient waste management and recycling processes.

Risk 6: Growth of Second-Hand C2C Channels
Increasing popularity of consumer-to-consumer (C2C) second-hand platforms
that propose a price competitive and sustainable offer.

Risk 7: Growth of Ultra-Fast Fashion
The rise of ultra-fast fashion brands offering extremely low prices is driving consumers away from higher priced more sustainable fashion products.

Take Control of Your Supply Chain

Brands need a comprehensive and systematic strategy to address these multifaceted risks, incorporating eco-design, design for disassembly, and circular economy practices as essential elements. Resortecs’ Smart Stitch™ and Smart Disassembly™ technologies enable efficient disassembly and recycling of textile products, allowing brands to reclaim double the amount of feedstock from discarded textiles up to 15 times faster and at the highest purity levels.

Proactively address the textile industry’s biggest risks with Resortecs’ advanced solutions. Achieve compliance, operational efficiency, and financial ROI through innovative technologies designed to enhance sustainability and streamline supply chains.

Click Here to Download the Full Guide

Gain deeper insights into how you can mitigate crucial risks in the textile industry by downloading Textile Sourcing & Market Access Risks.