THE DIVERSIFICATION OF TEXTILE PRODUCTS USING ARTIFICIAL FIBERS IN UZBEKISTAN

THE DIVERSIFICATION OF TEXTILE PRODUCTS USING ARTIFICIAL FIBERS IN UZBEKISTAN

Authors

  • Raximov Furqat Jalolovich EDIU researcher

Keywords:

Textile industry, artificial fibers, sustainability, market diversification, supply chain.

Abstract

The textile industry, a vital global economic player, weaves together trade, culture, and economic forces. This study explores the transformative potential and economic implications of artificial fibers within this intricate fabric. Synthesizing historical context and current market trends, we delve into the economic significance of the textile industry and the pivotal role of artificial fibers. Our examination highlights their advantages—durability, adaptability, and affordability—shaping market dynamics. Smart textiles and their impact on market expansion and consumer engagement are analyzed, along with their applications in industrial efficiency. The influence of artificial fibers on the fashion industry and supply chain efficiency is explored, emphasizing their role in the fast fashion economy. Environmental concerns surrounding artificial fibers prompt an investigation into sustainability initiatives and future trends, including biotechnological advancements and circular design concepts. The study then shifts focus to the Uzbekistan textile industry, positioning it at a crucial juncture for embracing sustainable artificial fibers. Investment opportunities and strategic recommendations, such as bio-based alternatives and circular economy practices, are outlined to enhance the industry's competitiveness and contribute to global sustainability goals. This comprehensive analysis serves as a roadmap for the Uzbekistan textile industry, offering insights into navigating economic, technological, and environmental considerations while fostering a more sustainable future.

References

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Published

2024-03-26

How to Cite

THE DIVERSIFICATION OF TEXTILE PRODUCTS USING ARTIFICIAL FIBERS IN UZBEKISTAN. (2024). Scientific Journal of Actuarial Finance and Accounting, 4(02), 89-96. https://finance.tsue.uz/index.php/afa/article/view/96