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Read article about The Asia Pacific region has historically been a cornerstone in shaping the global trade of textiles and apparel (T&A), serving as a primary sourcing destination worldwide . Following the abolition of the Agreement on Textiles and Clothing (ATC) on January 1, 2005, the global T&A trade experienced rapid expansion, accompanied by increased exports from the Asia Pacific region. Notably, the growth rates in the Asia Pacific region have outpaced global trends, boasting a compound annual growth rate (CAGR) of 4.5 per cent over the last two decades, compared to the world s more sluggish average growth rate of 3.52 per cent during the same period. and more articles about Textile industary at Fibre2Fashion

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