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Textile and Fabric Finishing and Fabric Coating Mills Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | Daiwabo Holdings Co. Ltd., Grasim Industries Limited, Leggett & Platt Incorporated, Sioen Industries NV, Swift Gal
Textile and Fabric Finishing and Fabric Coating Mills Market Trends
The Business Research Company offers in-depth market insights through Textile and Fabric Finishing and Fabric Coating Mills Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth 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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Market Segmentation:
The main types of textiles and fabric finishing and fabric coatings are textile and fabric finishing mills and fabric coating mills. Textile and fabric finishing mills include businesses that specialize in the finishing of textiles, fabrics, and garments, as well as businesses that buy fabric goods in the grey, have them finished on contract, and resell at wholesale. Bleaching, dyeing, printing (e.g., roller, screen, flock, plisse), stonewashing, and other mechanical finishing, such as preshrinking, shrinking, sponging, calendaring, mercerizing, and napping, and cleaning, scouring, and the preparation of natural fibers and raw stock are all examples of finishing operations. Traditional and advanced technologies are used by transportation, building and construction, protective clothing, industrial, medical, sports, agriculture and packaging industries.
Major Driver - Expanding E-Commerce Opportunities Propel Growth In Textile And Fabric Finishing Market
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.
Competitive Landscape:
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.
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Top Trend - Arvind Ltd. Partners With Dyecoo For Environmentally Sustainable CO2 Dyeing In Textile Manufacturing
With concerns over the high consumption of water, air pollution, and waste generation, the textile industry is steering towards more environmentally sustainable methods of fabric coating. Manufacturers are figuring out more water-efficient ways to dye the fabrics, which is the most water-consuming stage of the fabric manufacturing process. Technologies such as aerated dyeing involve placing fabric in a super fluidic CO2 pressurized chamber with dye which reduces water and chemical usage. This process saves up to 50% of energy and dye consumption, time, and more than 1000 liters of water per day. The process also saves costs by 40-60% per day for the coating companies. Arvind Ltd., an Indian textile company manufacturing cotton garments, is collaborating with DyeCoo, a Dutch tech company, to exercise the concept of CO2 (Carbon dioxide) dyeing as an environment-friendly option.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Textile and Fabric Finishing and Fabric Coating Mills Market Characteristics
3. Textile and Fabric Finishing and Fabric Coating Mills Market Trends And Strategies
4. Textile and Fabric Finishing and Fabric Coating Mills Market - Macro Economic Scenario
5. Textile and Fabric Finishing and Fabric Coating Mills Market Size And Growth
…..
27. Textile and Fabric Finishing and Fabric Coating Mills Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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