Global Textile Fabrics Market report progressively analyzes the Global Textile Fabrics market status, supply, sales, and production. The Textile Fabrics market shares of production and sales are evaluated along with the review of the production, capacity, sales, and revenue. Various aspects such as Textile Fabrics import or export, price, gross margin, consumption, and cost are also analyzed. On the whole, the report covers the Textile Fabrics market view and its growth probability for upcoming years.
Textile Fabrics Market report briefs all challenges and opportunities in the Textile Fabrics market. The study discusses Textile Fabrics market key events, new innovations, and top player’s strategies. The user gets wide knowledge and deep perceptive of Textile Fabrics restraints, distinct drivers, and factors impacting the industry. So that they can plan their growth map of the Textile Fabrics industry for the coming years.
Global Textile Fabrics Market: Information by Fabric Type (Cotton, Polycottons, and Polyester), Polycottons (65/35%, 50/50%, 35/65%, 40/60%, 10/90%, and others), Application (T-shirts, Sportwear, Outdoor Clothing, and Performance Wear), and Region (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa)—Forecast till 2025
Market analysis
The textile fabric is a cloth that is either woven, knitted, or bonded by using natural or man-made yarns, threads, and fibers. It is generally bifurcated into plant-based fabrics and synthetic fabrics. Plant-based fabrics consist of cotton, wool, silk, and hemp. Synthetic fabrics consist of polyester, viscose, rayon, and polyamide. The major factors driving the growth of the global market for textile fabrics are increasing demand for sportswear and performance wear and expanding the textile industry in the emerging economies of Asia-Pacific. The growing awareness regarding the health benefits of fitness activities in developed and developing countries plays a vital role in the growth of the global market. However, the fluctuations in the cotton prices, the import-export scenario of trading countries, and volatile currency exchange rates are expected to hamper the market growth in the years to follow. Nevertheless, the growing awareness regarding the environmental impacts of synthetic cotton farming, the textile companies are shifting toward organic cotton, which is likely to create lucrative opportunities for the textile fabric manufacturers during the review period. The Global Textile Fabrics Market is projected to expand at 5.67% CAGR to attain USD 398.81 Billion by the year 2025 during the forecast period.
Market segmentation
Based on fabric type, the global textile fabrics market has been segmented into cotton, polycottons, and polyester. Among these fabric types, the cotton segment held the largest market share of 52.50% in 2018. The high demand for cotton fabric in the manufacturing of t-shirts is expected to be the key factor favoring the growth of the segment during the forecast period. The polycottons (polyester-cotton blends) segment is further categorized into 65/35%, 50/50%, 35/65%, 40/60%, 10/90%, and others. The 65/35% polycotton blend segment held the largest market share in 2018 owing to its use in the manufacturing of a wide range of garments. On the basis of application, the global textile fabrics market has been divided into aerospace & defense, energy, industrial gas turbine, automotive, oil & gas, and others. The t-shirt segment held the largest market share of over 53.00% in 2018. This is mainly due to the vast use of leisure wears in the daily wear category. Also, the current trend of personalized t-shirts as per the demand has favored the high use of t-shirts at present.
