Press release
Covid-19 Impact On Fabrics Market (2020-2030) | Potential Growth By Top Players: Toray Industries Inc, Luthai Textile Co Ltd, Vardhaman Group, Arvind Ltd, Bombay Rayon Fashions Ltd
The Business Research Company
The fabrics market is expected to decline from $189.5 billion in 2019 to $182.1 billion in 2020 at a compound annual growth rate (CAGR) of -3.9%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 7% from 2021 and reach $218.8 billion in 2023.
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The fabrics market consists of sales of fabrics by entities (organizations, sole traders and partnerships) that produce fabrics, mostly through processes such as weaving and knitting. A fabric is a cloth formed by weaving, knitting, tufting or bonding together. Fabric mills include broad woven fabric mills, narrow fabric mills, non-woven fabric mills and knit fabric mills.
The growth is mainly driven by the ease of customization, attractiveness, durability, weight, ventilation, disinfectant-carrying and filtration capacity and cost. Non-woven fabrics are manufactured via mechanical, thermal or chemical methods by entangling and bonding fibers, but not by weaving them. Examples of non-woven fabrics include diapers, medical dressings, household wipes, disposable protective clothing, automobile headliners and carpets.
Fabrics Market Segmentation:
By Type
1. Non-Woven Fabrics
2. Knitted Fabrics
3. Broadwoven Fabrics
4. Narrow Fabric Mills and Schiffli Machine Embroidery
By End-User Industry
1. Cotton Fabric
2. Linen Fabric
3. Silk Fabric
4. Canvas Fabrics
5. Polycotton Fabric
6. Others
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Fabrics Market Characteristics
4. Fabrics Market Product Analysis
5. Fabrics Market Supply Chain
……
20. Fabrics Market Competitive Landscape
21. Key Mergers And Acquisitions In The Fabrics Market
22. Market Background: Textile Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
The report covers the trends and market dynamics of the fabrics market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the fabrics market are Toray Industries Inc; Luthai Textile Co Ltd; Vardhaman Group; Arvind Ltd; Bombay Rayon Fashions Ltd
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About US:
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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