Overview and Scope
Textiles, fabric finishing, and fabric coatings refer to a material that is used to bulk textiles or clothing after weaving or the manufacturing of synthetic materials. Operations include washing, bleaching, dyeing, and coating that use a lot of water that is typically dumped.
Sizing and Forecast
The textile and fabric finishing and fabric coating mills market size has grown rapidly in recent years. It will grow from $72.56 billion in 2023 to $81.94 billion in 2024 at a compound annual growth rate (CAGR) of 12.9%. The growth in the historic period can be attributed to consumer demand, globalization and trade, fashion trends, technological advancements.
The textile and fabric finishing and fabric coating mills market size is expected to see rapid growth in the next few years. It will grow to $122.12 billion in 2028 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to reshoring and nearshoring, e-commerce growth. Major trends in the forecast period include sustainability and eco-friendly practices, innovative materials, digitalization and industry 4.0, customization and personalization, health and performance fabrics.
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Segmentation & Regional Insights
The textile and fabric finishing and fabric coating mills market covered in this report is segmented –
1) By Type: Textile and Fabric Finishing Mills, Fabric Coating Mills
2) By Technology: Traditional, Advanced
3) By End-Use Industry: Transportation, Building and Construction, Protective Clothing, Industrial, Medical, Sports, Agriculture, Packaging
Asia-Pacific was the largest region in the textile and fabric finishing and fabric coating mills market in 2023. North America was the second largest region in the textile and fabric finishing and fabric coating mills market. The regions covered in the textile and fabric finishing and fabric coating mills market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
Increasing demand for online shopping is expected to drive the textile and fabric finishing and fabric coated products and thus benefiting the 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 textile and fabric finishing and fabric coating mills market. In countries such as India, for instance, e-commerce portals have boosted the sales of these products by giving larger exposure to producers who were confined to one geography.
Key Industry Players
Major companies operating in the textile and fabric finishing and fabric coating mills market include Daiwabo Holdings Co. Ltd., Grasim Industries Limited, Leggett & Platt Incorporated, Sioen Industries NV, Swift Galey LLC, Carlisle Finishing LLC, Single Source Apparel Inc., Guilford Inc., Mohawk Industries Inc., Hanesbrands Inc., Fruit of the Loom Inc., Gildan Activewear Inc., Milliken & Company, Unifi Inc., Parkdale Mills Inc., American & Efird LLC, Mount Vernon Mills Inc., Carolina Cotton Works Inc., Tuscarora Yarns Inc., Frontier Spinning Mills Inc., Culp Inc., Glen Raven Inc., Cone Denim LLC, American Cord & Webbing Co Inc., American Fiber & Finishing Inc., American Silk Mills Corporation, Carolina Mills Inc., Coville Inc., Foss Manufacturing Company LLC, Highland Industries Inc., Interface Fabrics Group Inc.
The textile and fabric finishing and fabric coating mills market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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