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Blended Fibres Market 2018-2024 | key players Wellspun Industries, Sutlej Textiles and Industries, Pennine Textiles and Recycling, National Spinning, and Reliance Industries
GMI
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Blended Fibres Market size is estimated to surpass USD 57 billion by 2024; according to a new research report by Global Market Insights, Inc. Improved fabric appearance & durability and ease in handling along with expansion in textile industry are the major properties propelling blended fibers demand. As per industry experts, the U.S. man-made fiber and filament, apparel and textile shipments were valued at around USD 75 billion in 2016.
Increasing demand for apparels with design and quality along with shifting fashion trends due to changing consumers lifestyle will drive Blended Fibres Market growth. Economic & social development in countries including, India, China and South Korea is expected to propel Blended Fibres Market growth. Improved profitability and low-cost production owing to favorable FDI policies will drive industry growth.
Cotton/polyester generated revenue nearly USD 7 billion in 2016. High strength & elasticity, tear-resistant and less prone to pilling & static are key properties supporting growth in this segment. Further, improved shelf-life, wrinkle free and ease in sewing are the other factors enhancing product scope. Nylon/wool will witness over 3% CAGR by 2024. Benefits including reduced cost, absence of skin irritation and less wear-tear are factors supporting product demand.
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Rising income levels, shifting customers focus towards eco-friendly products and environmental awareness is expected to drive product demand. Increasing investment in product innovation and supportive government rules & regulation is projected to provide lucrative opportunities for industry growth.
Home furnishing accounted for over 20% of the overall market share in 2016. Development and expansion in real estate industry, increased globalization and easier & wider availability of home decor products & designs for consumers will propel demand. Furthermore, growing consumer preference towards the adoption & usage of eco-friendly products has also boosted blended fibers demand.
Apparel is projected to dominate the overall application segment. Increasing tech-savvy millennial population, disposable income and brand awareness are major factors driving product demand in this segment. Changing consumer preferences and entry of international brands in developing countries is anticipated to propel industry growth.
APAC blended fibers is projected to surpass 9 million tons demand by 2024. Expansion of production capacities and availability of cheap labor in India and China are the major factors supporting industry growth. Favorable trade policies & increased penetration of organized retail sector are key drivers attracting foreign players in the region.
Global industry market share is consolidated in nature owing to few players control over a major market share. Major industry players include Reliance Industries, Wellspun Industries, Sutlej Textiles & Industries, Hebei Diamond Cashmere Products, Pennine Textiles and Recycling and James Robinson, National Spinning and Natural Fiber Company.
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Partial Chapter of the Table of Content
Chapter 2. Executive Summary
2.1. Blended fibers industry 3600 synopsis, 2013 –2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Application trends
2.1.4. Regional trends
Chapter 3. Blended Fibers Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Distribution channel analysis
3.3.2. Profit margin trends
3.3.3. Vendor matrix
3.3.3.1. Role
3.3.3.2. Product portfolio
3.3.3.3. Global presence
3.4. Technology landscape
3.5. Raw material analysis
3.6. Industry best practices & key buying criteria
3.7. Regulatory landscape
3.7.1. U.S.
3.7.2. Europe
3.7.3. Australia
3.7.4. China
3.8. Pricing analysis
3.8.1. Regional pricing
3.8.1.1. North America
3.8.1.2. Europe
3.8.1.3. Asia Pacific
3.8.1.4. Latin America
3.8.1.5. MEA
3.8.2. Cost structure analysis
3.9. Industry impact forces
3.9.1. Growth drivers
3.9.2. Industry pitfalls & challenges
3.10. Global textile market overview
3.10.1. Trends
3.10.2. Customer requirements
3.10.3. Global textile market estimates & forecast, 2016 -2024
3.11. Innovation & sustainability
3.12. Growth potential analysis
3.13. Competitive landscape, 2016
3.13.1. Market share analysis, 2016
3.13.2. Key stake holders
3.13.3. Strategy dashboard
3.14. Porter's analysis
3.15. PESTEL analysis
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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
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