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Key Factor Supporting Textile and Fabric Finishing and Fabric Coating Mills Market Development in 2025: Expanding E-Commerce Opportunities Propel Growth In Textile And Fabric Finishing Market
Textile and Fabric Finishing and Fabric Coating Mills Market
How Large Will the Textile and Fabric Finishing and Fabric Coating Mills Market Size By 2025?
The textile and fabric finishing and fabric coating mills market has achieved strong growth in recent years. It is set to increase from $63.32 billion in 2024 to $69.03 billion in 2025 at a CAGR of 9.0%.
How Big Is the Textile and Fabric Finishing and Fabric Coating Mills Market Size Expected to Grow by 2029?
The market size for textile and fabric finishing and fabric coating mills is poised for substantial growth in the coming years. It is projected to reach a value of $93.53 billion in 2029, expanding at a compound annual growth rate (CAGR) of 7.9%. The key factors driving this growth over the forecast period are the trends of reshoring and nearshoring, as well as the surge in e-commerce. Noteworthy trends for the forecast period include commitment to sustainability and environmentally friendly practices, infusion of innovative materials, incorporation of digitalization and industry 4.0, customization and personalization of products, and the rise of health and performance fabrics.
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Which Key Market Drivers Powering Textile and Fabric Finishing and Fabric Coating Mills Market Expansion and Growth?
The surge in online shopping demand is projected to spur the growth of the textile, fabric finishing, and fabric coated products market. This online platform extension allows manufacturers to reach broader demographics, thereby enhancing their customer base and stimulating expansion in the textile, fabric finishing, and fabric coating mills market. In countries like India, e-commerce platforms have enhanced sales of these products by providing greater exposure to manufacturers who were previously restricted to a single region.
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Which Fast-Growing Trends Are Poised to Disrupt the Textile and Fabric Finishing and Fabric Coating Mills Market?
Amid increasing concerns about excessive water use, air contamination, and waste generation, the textile industry is trending towards more ecologically responsible fabric coating methods. Producers are developing more water-saving approaches to dye fabrics, which is the most water-intensive stage of fabric production. Techniques like aerated dyeing, where fabric is put in a highly pressurized chamber with CO2 and dye, are being employed to minimize water and chemical use. This process can cut energy and dye usage by up to 50%, saving over 1000 liters of water and cutting costs for coating companies by 40-60% on a daily basis. Arvind Ltd., an Indian cotton garment manufacturing company, is working with DyeCoo, a Dutch tech company, to utilize CO2 dyeing as a greener alternative.
What Are the Emerging Segments in the Textile and Fabric Finishing and Fabric Coating Mills Market?
The textile and fabric finishing and fabric coating mills market covered in this report is segmented -
1) By Type: Textile And Fabric Finishing Mills, Fabric Coating Mills
2) By Technology: Traditional, Advanced
3) By End-Use Industry: Transportation, Building And Construction, Protective Clothing, Industrial, Medical, Sports, Agriculture, Packaging
Subsegments:
1) By Textile And Fabric Finishing Mills: Dyeing, Printing, Bleaching, Waterproofing And Water Repellent Treatments, Wrinkle-Resistant Treatments, Softening And Stiffening Treatments
2) By Fabric Coating Mills: PVC Coated Fabrics, Rubber Coated Fabrics, Silicone Coated Fabrics, Flame Retardant Coated Fabrics, UV Protective Coated Fabrics
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Who Are the Global Leaders in the Textile and Fabric Finishing and Fabric Coating Mills Market?
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.
Which are the Top Profitable Regional Markets for the Textile and Fabric Finishing and Fabric Coating Mills Industry?
Asia-Pacific was the largest region in the textile and fabric finishing and fabric coating mills market in 2024. North America was the second largest region in the textile and fabric finishing and fabric coating mills market. The regions covered in the textile and fabric finishing and fabric coating mills market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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