Press release
Velvet Fabric Market Set to Surge - Key Insights You Must Know
Velvet Fabric Market SizeThe global market for Velvet Fabric was valued at US$ 265 million in the year 2023 and is projected to reach a revised size of US$ 377 million by 2030, growing at a CAGR of 5.2% during the forecast period.
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North American market for Velvet Fabric is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Velvet Fabric is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Velvet Fabric include British Velvets, Lewan Needle Textile, Hong Rong Textile, Jiangsu Wulong Knitting Co., Ltd, AOCHEN Home Textile, DINOLE, Sahaj Velvet, Xuzhou Fengcai Textile, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
By Type
• Floral Velvet
• Plain Velvet
By Application
• Clothing
• Home Textiles
Key Companies
British Velvets, Lewan Needle Textile, Hong Rong Textile, Jiangsu Wulong Knitting Co., Ltd, AOCHEN Home Textile, DINOLE, Sahaj Velvet, Xuzhou Fengcai Textile
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