Technical textiles industry is a rising star. It was a very small component of the textiles industry not too long ago. Today, its market value accounts for 27 percent of the total market of textiles and increasing fast (expected to rise by almost 16 percent in the next three years reaching US$220 billion by 2025).
The main difference between Technical Textiles and conventional textiles is that Technical Textiles are textile materials and products used for their technical and functional properties rather than any of the usual characteristics.
ECES in collaboration with the US Embassy in Cairo organized this event. It aimed to discuss Egypt’s fast-growing technical textiles industry, how the US companies can profit from rising demand in the region’s most populous country, as well as the potential for export from Egypt to Africa, Europe, and the Middle East.