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Strong Market Growth Expected for Global Fabrics Market: Key Insights into the Market Size, Growth Rate, Drivers, Key Players, and Trends
Fabrics Market Size
What Is The Projected Market Size Of The Global Fabrics Market And Its Growth Rate?
The global fabrics market has been experiencing robust growth over the last few years, and this trend is set to continue. Here are the key data points underlining this prediction:
• The market size is forecasted to rise from $139.36 billion in 2024 to $152.69 billion in 2025, with a CAGR of 9.6%.
• The growth is spurred largely by strong economic expansion in emerging markets, significant development in the automotive industry, and rising demand for synthetic fibers.
• For the future, the fabrics market size is set to increase considerably, estimated to reach $203.41 billion in 2029 at a CAGR of 7.4%.
• This upcoming growth is attributable to rising e-commerce trends, higher demand for sportswear, increasing population, technology advancements, and growth in the use of the internet and smartphones.
What Is Driving The Growth In The Fabrics Market?
Rising demand for online shopping is the principal driver of the fabrics manufacturing market. The entry of manufacturers in e-commerce platforms exposes them to a larger customer base with geographical diversity, thereby fueling the growth. For instance, in Q2 2024, U.S. retail e-commerce sales reached $291.6 billion, marking a 1.3% rise from Q1 2024, according to the US Census Bureau. Therefore, the boom in online shopping directly contributes to the fabrics manufacturing market's expansion.
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Who Are the Key Players Driving Fabrics Market Growth?
Several key companies contributing to the fabrics market's growth include:
• Toray Industries Inc
• Reliance Industries Limited
• INVISTA
• Shenzhou International Holdings Limited
• Teijin Ltd.
• Seoane Produccion Textil
• Arvind Ltd
• Mattex Yarns
• Lion Brand Yarn Company
• Champion Thread Co
• Suominen Corporation
• Elevate Textiles
• National Spinning Co
• Fabricato SA
• BTK Textile
• Inditex, Freudenberg Group
• Como Luxury fabrics
• Spinrite Inc.
• Pacific Textiles
• Jiangsu Lianfa Textile Co Ltd
• Salvatore Ferragamo SpA
• Albany International Corp.
• Johns Manville
• Terico Golzar
• Cone Denim
• Smartex
• The Yarn Room
• Eeden
• American Silk Mill
• Mango
• Evora SA
• American & Efird
• Bombay Rayon Fashions Limited
• Hanesbrands, Inc.
• Ahlstrom- Munksjö
• Luthai Textile Co Ltd
• Elasticos Yarns
• Glatfelter Corporation
• Indumentaria Lincoln Sa
• Mohawk Industries, Inc.
• Low & Bonar
• TWE Group
• Yarnz
• Maples Industries, Inc.
• Avgol
• Saudi Spinning & Textile Mill
• Berry Koninklijke Ten Cate NV
• H and M Hennes and Mauritz GBC AB
• Vardhman Group
• Fibertex Nonwovens A/S
• Fitesa
• Integrated Fibers Limited
• Standards Textile Co. Inc
• Kimberly-Clark
• DuPont de Nemours
• Sarwani International Corporation
• Herrschners Inc
• United Textiles
• Safety Components
• Zhejiang Kingsafe
• Spunchem Interntaional
• Texameri SA (Texcom)
• Gale Pacific Fze
• European Spinning Group
• Weiqiao Textile
• Lydall
• AlSaraTex Co.
• Leena Egypt
What Are The Key Trends In The Fabrics Market?
Key trends in the fabrics market include:
• The increasing use of blockchain
• A focus on digital textile printing ink and printers
• The development of smart fabrics
• Adoption of robotics and automation in manufacturing units
• The use of artificial intelligence in fabric manufacturing
• A focus on increasing partnerships and collaborations
What Are The Segments Of The Global Fabrics Market?
The global fabrics market report segments the market as follows:
• By Type: Non-Woven Fabrics, Knitted Fabrics, Broad Woven Fabrics and Narrow Fabric Mills, Schiffli Machine Embroidery
• By Product: Cotton Fabric, Linen Fabric, Silk Fabric, Polycotton Fabric, Other Products
• By Application: T-Shirts, Sportwear, Outdoor Clothing, Performance Wear
Which Region Leads The Fabrics Market?
Asia-Pacific was the largest region in the fabrics market in 2024, followed by Western Europe. The report covers the fabrics market in Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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What Is Covered In The Fabrics Market Global Market Report?
Market Size Analysis: Analyze the Fabrics Market size by key regions, countries, product types, and applications.
Market Segmentation Analysis: Identify various subsegments within the Fabrics Market for effective categorization.
Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
Market Contribution: Evaluate contributions of different segments to the overall Fabrics Market growth.
Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
Industry Challenges: Analyze challenges and risks affecting the Fabrics Market.
Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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