Global Fabrics Market Overview: Forecasted Market Size and Growth Rate

As per The Business Research Company's Fabrics Opportunities And Strategies Market Report 2023, the global fabrics market reached a value of nearly $108.67 billion in 2022, having grown at a compound annual growth rate (CAGR) of 2.6% since 2017. The market is expected to grow from $108.67 billion in 2022 to $134.21 billion in 2027 at a rate of 4.3%. The market is then expected to grow at a CAGR of 3.6% from 2027 and reach $159.88 billion in 2032.

Increasing demand for online shopping is expected to drive the fabrics manufacturing market. Sales of apparel is projected to hold a major share of the e-commerce market, which will spur the demand for new fabrics from the apparel industry. The projected increase in e-commerce activities is also expected to provide fabric manufacturers a global platform to sell their products and reach a wider global audience than before, increasing their customer base geographically.

View Complete Report @
https://www.thebusinessresearchcompany.com/report/fabrics-market

The use of digital textile printing ink and printers is the growing trend in the fabrics market. Digital textile printing is the latest innovation in textile printing, which allows manufacturers to print almost any design on virtually any fabric. With advancements in ink technology and the textile Industry, there have been huge improvements in the digital textile printing ink market. It helps printers to meet demands for high-quality designs, short-runs and rapid-turnarounds. With its fast sampling and short-term delivery, this technology helps designers to bring new ideas to the market faster.

The top opportunities in the fabrics market segmented by type will arise in the broad woven fabrics segment, which will gain $11.85 billion of global annual sales by 2027. The top opportunities in the knitted fabrics market segmented by type will arise in the dyed synthetic knitted fibers segment, which will gain $1.43 billion of global annual sales by 2027. The top opportunities in the broad woven fabrics market segmented by type will arise in the Other Broad woven Fabrics segment, which will gain $4.00 billion of global annual sales by 2027. The top opportunities in the narrow fabric mills and schiffli machine embroidery market segmented by type will arise in the other narrow fabric mills and schiffli machine embroidery segment, which will gain $4.00 billion of global annual sales by 2027. The top opportunities in the non-woven fabrics market segmented by type will arise in the manmade segment, which will gain $4.00 billion of global annual sales by 2027. The top opportunities in the fabrics market segmented by products will arise in the cotton fabric segment, which will gain $9.51 billion of global annual sales by 2027. The top opportunities in the fabrics market segmented by application will arise in the outdoor clothing segment, which will gain $16.21 billion of global annual sales by 2027. The fabrics market size will gain the most in the USA at $3.1 billion.

Fabrics Market Segmentation:
The fabrics market is segmented by type, by product, by application.
By Type -
a) Non-Woven Fabrics
b) Knitted Fabrics
c) Broad woven Fabrics
d) Narrow Fabric Mills And Schiffli Machine Embroidery

By Product-
a) Cotton Fabric
b) Linen Fabric
c) Silk Fabric
d) Polycotton Fabric
e) Other Products

By Application -
a) T-Shirts
b) Sportswear
c) Outdoor Clothing
d) Performance Wear

Major players in the fabrics market include Toray Industries Inc, Reliance Industries Limited, INVISTA, Shenzhou International Holdings Limited, Teijin Ltd.

The regions covered in the global fabrics market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Download FREE SAMPLE Report - https://www.thebusinessresearchcompany.com/sample_request?id=5355&type=smp

The latest report from The Business Research Company, 'Global Fabrics Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.

Fabrics Market Report Table Of Content
1. Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction and Market Characteristics
……
24. Key Mergers And Acquisitions
25. Market Background: Textile Market Characteristics
26. Opportunities And Strategies
27. Conclusions And Recommendations
28. Appendix

PURCHASE the report @
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5355

Get to know us better:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/

Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.

This release was published on openPR.