Global Textile Fabric Market Overview:
Textile fabric is a two-dimensional plane-like structure made up of textile materials that have reasonable strength, flexibility, elongation, etc. used for different applications, particularly for apparel. Textile fabric is a cloth that has been woven or non-woven (knitted, knotted, tufted, or bonded together). The components are used to make fabrics from yarns, natural or synthetic threads, or similar materials. The fabrics are classified into two main categories yarn-based fabrics and fiber-direct fabrics. The yarn-based fabric is made from yarns (spun or continuous filaments) and the fiber-direct fabric is made directly from fibers (staple fibers or continuous filaments. Moreover, Knitting is the second most popular technique of fabric or garment formation by interloping one or one set of yarns.
|Unit||Value (USD Million)|
|Customization Scope||Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility|
Rising Trend of Smart Textiles in the Market and Increasing Trends in Fast-Changing Fashion such as Inclination towards Non-Woven Fabrics
Market Growth Drivers:
Surge in Demand for Personal Care, Hygiene Products, and Disposable Protective Gear, Rising Favourable Government Policies and Fabric Trade Agreements and Increasing Consumer Preference towards Sustainable Products
Rising Variations in the Cost of the Cotton and the Current Import and Export Scenario of Trading Countries
High Levels of Fluctuation in Input Prices and Rising Costs of Raw Material Coupled With a Shortage in Supply
Increasing Applications in the Transportation, and Protective Clothing Applications and The surge in Investments and Advancements in the Chemical Industry
The textile fabrics market is a fragmented market due to the presence of various players such as several small- and medium-scale manufacturers. The market has been witnessing rapid growth due to growing expansion and product launches & other strategic activities. Moreover, the easy availability of low-cost labor coupled with government support is estimated to surge growth in the market. Some companies are planning strategic activities such as mergers, partnerships, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Some of the key players profiled in the report are BSL Ltd. (India), INVISTA Srl. (United States), Lu Thai Textile Co., Limited (China), DuPont (United States), Wolf In Textiles Ltd (United Kingdom), Coville Inc (United States), Paramount textiles (India), Paulo de Oliveira (Portugal), Shandong Jining Ruyi Woolen Textile Co. Ltd. (China), China Textiles Co., Ltd (China), Klopman International (Italy) and Modern Woollens Ltd. (India). Analyst at AMA Research see Asia Pacific Vendors to retain maximum share of Global Textile Fabric market by 2027. Considering Market by Raw Material, the sub-segment i.e. Cotton will boost the Textile Fabric market. Considering Market by Distribution Channel, the sub-segment i.e. Online Channel will boost the Textile Fabric market.
Latest Market Insights:
In February 2021, DuPont acquired Core Matrix Technology from Tex Tech. The strategy will strengthen the robust portfolio of technologies to meet current and future challenges. Thus, this acquisition aimed to build a strong and robust portfolio and strengthens the company’s distribution channel.
In December 2021, BSL Ltd. signed an MoU with the Department of Industries and Commerce, Government of Rajasthan, and invested Rs. 150 crores in spinning and weaving capacity expansion. This expansion further aided in increasing the company’s regional growth
The EU has aligned laws in all EU countries with Textile Regulation (EU) No 1007/2011 on fiber names and related labeling and marking of the fiber composition of textile products. and Organizations like Federal Trade Commission govern rules related to textile fiber such as Textile Fibre Rule 16 CFR Part 303
What Can be Explored with the Textile Fabric Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Textile Fabric Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Textile Fabric
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Textile Fabric market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Textile Fabric market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Textile Fabric Manufacturers Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations and End-Use Industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.