Fabrics Market Size, Key Players, Growth Opportunities, Trends, Outlook And Forecast To 2033

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Fabrics Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $148.78 billion In 2028 At A CAGR Of 4.8% :

The fabrics market size has grown strongly in recent years. It will grow from $116.67 billion in 2023 to $123.42 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to strong economic growth in emerging markets, rapid growth in the automotive industry and increased demand for man-made fibers.

The fabrics market size is expected to see steady growth in the next few years. It will grow to $148.78 billion in 2028 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to increasing e-commerce, increasing demand for sportswear, rising population, technological advances and increasing internet penetration and smartphone usage. Major trends in the forecast period include use of blockchain, focus on digital textile printing ink and printers, focus on development of smart fabrics, adoption of robotics and automation in manufacturing units, use of artificial intelligence in fabric manufacturing and focus on increasing partnerships and collaborations.

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Fabrics Market Major Segments
The fabrics market covered in this report is segmented -
1) By Type: Non-Woven Fabrics, Knitted Fabrics, Broad Woven Fabrics and Narrow Fabric Mills, Schiffli Machine Embroidery.
2) By Product: Cotton Fabric, Linen Fabric, Silk Fabric, Polycotton Fabric, Other Products
3) By Application: T-Shirts, Sportwear, Outdoor Clothing, Performance Wear

Sub segments: Manmade Non-Woven Fabrics, Felt Non-Woven Fabrics, Dyed Artificial Knitted Fibers, Dyed Cotton Knitted Fabrics, Elastomeric Yarn Knitted Fabrics, Lace Knitted Fabric, Pile Knitted Fabric, Dyed Synthetic Knitted Fiber, Printed Synthetic Knitted Fibers, Other Knitted Fabrics, Nylon, Cotton, Polyester, Pile, Wool, Rayon, Silk, Other Broadwoven Fabrics, Narrow, Rubber Thread And Cord, Other Narrow Fabric Mills And Schiffli Machine Embroidery

Key Driver - Online Shopping Fuels Growth In The Fabrics Manufacturing Market

Increasing demand for online shopping is expected to drive the fabrics manufacturing market. Manufacturers can now sell their products on a larger platform than before, which will increase their customer base geographically driving the growth of the apparel manufacturing market. In countries such as India, for instance, e-commerce portals have boosted the sales of traditional garments by giving larger exposure to producers who were confined to one geography where the weaving community was located.

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Prominent Trend - Rapidly Increasing Demand For Smart Fabrics Across Multiple Industries

The demand for smart fabrics is increasing rapidly. This is mainly driven by the growing use of smart fabrics in various sectors including fashion, entertainment, medical, transportation, sports and fitness, and the military. Smart fabrics are textiles that can interact with their environment and respond to a physical stimulus including those from mechanical, electrical, thermal, and chemical sources. Sensors, actuators, and fabrics are the major components of smart fabrics. The materials used in smart fabrics include optical fibers, metals, and conductive polymers. An example of smart fabrics is D-Shirt offered by French company Cityzen Sciences, which comes with a wide range of functions to record heart rate, GPS location, route, altitude, and speed.

Fabrics Market Players
Major companies operating in the fabrics market report are 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, Berry Global Inc., Spinrite Inc., Koninklijke Ten Cate NV, 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 Global 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

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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the fabrics market in 2023. Western Europe was the second largest region in the fabrics market. The regions covered in the fabrics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Fabrics Market Report Structure
3. Fabrics Market Trends And Strategies
4. Fabrics Market - Macro Economic Scenario
5. Fabrics Market Size And Growth
…..
27. Fabrics Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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