The Fabrics by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Fabrics Market:
https://www.thebusinessresearchcompany.com/report/fabrics-global-market-report
According to The Business Research Company’s Fabrics, The fabrics market size has grown strongly in recent years. It will grow from $116.67 billion in 2023 to $123.42 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to strong economic growth in emerging markets, rapid growth in the automotive industry and increased demand for man-made fibers.
The fabrics market size is expected to see steady growth in the next few years. It will grow to $148.78 billion in 2028 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to increasing e-commerce, increasing demand for sportswear, rising population, technological advances and increasing internet penetration and smartphone usage. Major trends in the forecast period include use of blockchain, focus on digital textile printing ink and printers, focus on development of smart fabrics, adoption of robotics and automation in manufacturing units, use of artificial intelligence in fabric manufacturing and focus on increasing partnerships and collaborations.
Increasing demand for online shopping is expected to drive the fabrics manufacturing market. Manufacturers can now sell their products on a larger platform than before, which will increase their customer base geographically driving the growth of the apparel manufacturing market. In countries such as India, for instance, e-commerce portals have boosted the sales of traditional garments by giving larger exposure to producers who were confined to one geography where the weaving community was located.
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The fabrics market covered in this report is segmented –
1) By Type: Non-Woven Fabrics, Knitted Fabrics, Broad Woven Fabrics and Narrow Fabric Mills, Schiffli Machine Embroidery.
2) By Product: Cotton Fabric, Linen Fabric, Silk Fabric, Polycotton Fabric, Other Products
3) By Application: T-Shirts, Sportwear, Outdoor Clothing, Performance Wear
Sub segments: Manmade Non-Woven Fabrics, Felt Non-Woven Fabrics, Dyed Artificial Knitted Fibers, Dyed Cotton Knitted Fabrics, Elastomeric Yarn Knitted Fabrics, Lace Knitted Fabric, Pile Knitted Fabric, Dyed Synthetic Knitted Fiber, Printed Synthetic Knitted Fibers, Other Knitted Fabrics, Nylon, Cotton, Polyester, Pile, Wool, Rayon, Silk, Other Broadwoven Fabrics, Narrow, Rubber Thread And Cord, Other Narrow Fabric Mills And Schiffli Machine Embroidery
The demand for smart fabrics is increasing rapidly. This is mainly driven by the growing use of smart fabrics in various sectors including fashion, entertainment, medical, transportation, sports and fitness, and the military. Smart fabrics are textiles that can interact with their environment and respond to a physical stimulus including those from mechanical, electrical, thermal, and chemical sources. Sensors, actuators, and fabrics are the major components of smart fabrics. The materials used in smart fabrics include optical fibers, metals, and conductive polymers. An example of smart fabrics is D-Shirt offered by French company Cityzen Sciences, which comes with a wide range of functions to record heart rate, GPS location, route, altitude, and speed.
The fabrics market report table of contents includes:
1. Executive Summary
2. Fabrics Market Characteristics
3. Fabrics Product/Service Analysis -Product/Service Examples
4. Fabrics Market Trends And Strategies
5. Fabrics Market – Macro Economic Scenario
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26. Germany Fabrics Market
27. France Fabrics Market
28. Italy Fabrics Market
29. Spain Fabrics Market
30. Austria Fabrics Market
Top Major Players:
- Toray Industries Inc
- Reliance Industries Limited
- INVISTA
- Shenzhou International Holdings Limited
- Teijin Ltd
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