Global Textile Fabric Market – Industry Trends and Forecast to 2030

Textile Fabric Market Analysis and Size

Over the last few years, textile fabric are being utilized in weaving fabrics, narrow fabrics and felts, and finish and fabricate fabric products. These fabrics are widely being deployed for manufacturing home furnishings products and apparels. Therefore, the market is estimated to grow rapidly over forecasted period.

The textile fabric market is expected to gain market growth in the forecast period of 2023 to 2030. Data Bridge Market Research analyses the market is expected to reach USD 2,660.72 million by 2030 from 1,123.99 million in 2022 growing at a CAGR of 13.1 % in the above mentioned.

The segment that often dominates the global textile fabric market is the "Apparel" segment. This is because clothing and apparel production consistently represents a significant portion of the textile fabric market due to the worldwide demand for clothing, fashion, and textiles for personal use. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Textile Fabric Market Scope and Segmentation

Market Definition.

Textile is an adaptable material that is created by utilizing various methods, involving knitting, weaving, crocheting, or felting. These materials are widely utilized to manufacture a broad variety of polished goods, such as upholstery, kitchen, transportation, bedding, construction, medical, protective equipment, apparel, handbags, and clothing accessories.

Textile Fabric Market Dynamics

Drivers

• Growing Fashion Consciousness

An increasing global population's desire for trendy and fashionable clothing is a significant driver for the textile fabric market. Consumers are more aware of fashion trends, leading to a higher demand for a variety of textiles for apparel, driving market growth.

• Sustainability and Eco-Friendliness

The growing emphasis on sustainability in the textile industry is driving demand for eco-friendly fabrics. As environmental concerns rise, consumers are seeking textiles made from organic, recycled, or renewable materials, pushing textile manufacturers to innovate and cater to this demand.

Opportunity

• Technical Textiles

The rise of technical textiles presents a promising opportunity. Applications in industries such as automotive, healthcare, and construction are expanding, offering a lucrative niche market for textile fabric producers to diversify their product offerings.

Restraints/Challenges

• Rising Raw Material Costs

Fluctuating prices of raw materials such as cotton, synthetic fibers, and dyes can significantly impact the textile fabric market. Volatile material costs can squeeze profit margins and challenge manufacturers to maintain competitive pricing.

• Stringent Regulations

Increasing regulations concerning environmental impact and chemical usage in textile manufacturing pose challenges. Compliance with these regulations requires investments in sustainable production processes, potentially increasing manufacturing costs.

This textile fabric market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the textile fabric market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

• In July 2022, Norda, a leading innovator in outdoor and performance gear, has formed a strategic partnership with DSM, a global science-based company, to introduce their highly anticipated flagship product. This groundbreaking offering harnesses the cutting-edge capabilities of bio-based Dyneema fiber, marking a significant milestone in sustainable materials and high-performance gear design

Global Textile Fabric Market Scope

The textile fabric market is segmented on the basis of fabric type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Fabric Type

• Cotton
• Polycottons
• Polyester

Application

• T-shirts
• Sportwear
• Outdoor Clothing
• Performance Wear

Textile Fabric Market regional analysis/insights

The textile fabric market is segmented on the basis of fabric type and application.

The countries covered in the textile fabric market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Europe dominates the textile fabric market because of the favourable government policies and trade agreements within the region.

North America is expected to witness significant growth during the forecast period of due to the increasing need for fabric t-shirts and outdoor clothing in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and up-stream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Textile Fabric Market Share Analysis

The textile fabric market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the company’s focus related to textile fabric market.

Some of the major players operating in the textile fabric market are:

• Lu Thai Textile Co., Limited (China)
• REDA GROUP (France)
• Paramount textiles (India)
• Paulo de Oliveira, SA (Portugal)
• Nike, Inc. (U.S.)
• Adidas AG (Germany)
• Aditya Birla Management Corporation Pvt. Ltd. (India)
• Levi Strauss & Co. (U.S.)
• Arvind Limited (India)
• Bombay Rayon Fashions Limited (India)
• Fabindia (India)
• Cotton Corporation of India (India)
• Dorothy Perkins (U.K.)
• Bruno Banani (Germany)
• CONE DENIM LLC (U.S.)
• Canterbury Antex Knitting Mills (U.S.)
• Coville (U.S.)
• Loyal Textile (India)
• Reliance Industries Limited (India)
• YI CHUN TEXTILE LTD (Taiwan)
• Shahlon Group (India)
• Weiqiao Textile Company Limited (China)
• China Textiles (Shenzhen) Co.,Ltd (China)
• HuaFang Group (China)

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