Investments in next generation materials to replace animal-based products in fashion, and other industries, fell by more than 50 per cent last year, according to a new report from the Material Innovation Initiative (MII). [Investments 'halved' in next gen materials - Ecotextile News]
Nearly 200 exhibitors from 10 countries took part in the three-day exhibitionto showcase their modern machinery, raw materials, chemicals and other services. The demand for machinery of non-leather footwear has increased sharply among local companies as the demand for synthetic products is rising among the young generation. [Non-leather footwear machinery becomes the focus at Leathertech - The Business Post - The Business Post]
Fuzzy definitions and bad data have left fashion consumers facing an array of claims and counterclaims as new and established materials jostle to market their sustainability credentials. [Vegan Leather’ or Plastic? A Materials Marketing Battle Heats Up – BoF]
A study @Tmrresearch1 states that the market for bio/vegan-based leather substitutes has grown rapidly due to many factors. One of the main growth drivers includes an increasing trend for sustainable and cruelty free leather. In addition, a constant increase in the number of research and development activities for product development and innovation also stimulates growth prospects in the global market in the near future. [Download List Of Figures & Tables]
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