Specialty Fabrics Review July 2022 - 25

HOW MUCH HAVE THE RAW MATERIAL/FABRIC PRICES
YOU ARE PAYING TO SUPPLIERS INCREASED?
19.74%
More than
25 percent
50%
10 to 25
percent
17.11%
1 to 10
percent
9.21%
No change
3.95%
WHAT IS
Decrease
DRIVING YOUR PRICE
INCREASES?
HAVE YOU HAD TO INCREASE THE PRICES YOU
CHARGE YOUR CUSTOMERS OVER THE LAST YEAR?
YES
by 10 to 25 percent
49.56%
Yes, by 1 to 10 percent 29.39%
Yes, by more than 25 percent 13.16%
Our prices have stayed flat 7.89%
Our prices have decreased 0%
1. Passing on costs from
suppliers (62.86%)
2. Increased wages for
employees (58.10%)
3. Higher taxes or other
government fees (30.95%)
4. Higher rent/facility costs
(29.52%)
5. Investing in new
equipment (24.29%)
6. Other (7.14%)
remote work options. Among our
respondents, 31% said that between
50 and 74% of their employees
were now working remotely. More
than 62% of respondents expected
COVID-related concerns to continue
throughout the year.
* Getting the raw materials to
manufacture products continues to
be a problem for many industries,
resulting in price increases for their
customers. When asked whether
they had to increase the prices they
charge to customers over the last year,
survey respondents overwhelmingly
reported they had.
* At the time of this survey, the impact
of the war between Russia and
Ukraine which began in February
was largely unknown, and as this
issue goes to press, it continues with
no end in sight. More than 53% of
respondents said their businesses
were affected to some degree by
the war. However, the continuing
conflict is impacting fuel costs
globally as many European countries
have decreased or banned Russian
The pandemic and
related problems such
as inflation, supply chain
delays and increased
shipping costs impacted
nearly three-quarters of
respondents overall.
SpecialtyFabricsReview.com 25
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Specialty Fabrics Review July 2022

Table of Contents for the Digital Edition of Specialty Fabrics Review July 2022

Specialty Fabrics Review July 2022 - Cover1
Specialty Fabrics Review July 2022 - Cover2
Specialty Fabrics Review July 2022 - 1
Specialty Fabrics Review July 2022 - 2
Specialty Fabrics Review July 2022 - 3
Specialty Fabrics Review July 2022 - 4
Specialty Fabrics Review July 2022 - 5
Specialty Fabrics Review July 2022 - 6
Specialty Fabrics Review July 2022 - 7
Specialty Fabrics Review July 2022 - 8
Specialty Fabrics Review July 2022 - 9
Specialty Fabrics Review July 2022 - 10
Specialty Fabrics Review July 2022 - 11
Specialty Fabrics Review July 2022 - 12
Specialty Fabrics Review July 2022 - 13
Specialty Fabrics Review July 2022 - 14
Specialty Fabrics Review July 2022 - 15
Specialty Fabrics Review July 2022 - 16
Specialty Fabrics Review July 2022 - 17
Specialty Fabrics Review July 2022 - 18
Specialty Fabrics Review July 2022 - 19
Specialty Fabrics Review July 2022 - 20
Specialty Fabrics Review July 2022 - 21
Specialty Fabrics Review July 2022 - 22
Specialty Fabrics Review July 2022 - 23
Specialty Fabrics Review July 2022 - 24
Specialty Fabrics Review July 2022 - 25
Specialty Fabrics Review July 2022 - 26
Specialty Fabrics Review July 2022 - 27
Specialty Fabrics Review July 2022 - 28
Specialty Fabrics Review July 2022 - 29
Specialty Fabrics Review July 2022 - 30
Specialty Fabrics Review July 2022 - 31
Specialty Fabrics Review July 2022 - 32
Specialty Fabrics Review July 2022 - 33
Specialty Fabrics Review July 2022 - 34
Specialty Fabrics Review July 2022 - 35
Specialty Fabrics Review July 2022 - 36
Specialty Fabrics Review July 2022 - 37
Specialty Fabrics Review July 2022 - 38
Specialty Fabrics Review July 2022 - 39
Specialty Fabrics Review July 2022 - 40
Specialty Fabrics Review July 2022 - 41
Specialty Fabrics Review July 2022 - 42
Specialty Fabrics Review July 2022 - 43
Specialty Fabrics Review July 2022 - 44
Specialty Fabrics Review July 2022 - 45
Specialty Fabrics Review July 2022 - 46
Specialty Fabrics Review July 2022 - 47
Specialty Fabrics Review July 2022 - 48
Specialty Fabrics Review July 2022 - cover3
Specialty Fabrics Review July 2022 - cover4
Specialty Fabrics Review July 2022 - Expo Brochure 1
Specialty Fabrics Review July 2022 - Expo Brochure 2
Specialty Fabrics Review July 2022 - Expo Brochure 3
Specialty Fabrics Review July 2022 - Expo Brochure 4
Specialty Fabrics Review July 2022 - Expo Brochure 5
Specialty Fabrics Review July 2022 - Expo Brochure 6
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