The global textile fabrics market revenue was around US$ 531.3 billion in 2022 and is estimated to reach US$ 952.4 billion by 2031, growing at a compound annual growth rate (CAGR) of 6.7% during the forecast period from 2023 to 2031.
Textile fabric is a two-dimensional plane-like structure formed of textile materials. It has reasonable strength, flexibility, and elongation which is utilized for several applications including technical, apparel, sportswear, and others. Textile fabrics are manufactured by weaving, processing, or knitting the materials. These can make typically manufactured products, such as accessories, clothing, hats, gloves, blankets, and medical or agricultural fabric.
Market Driving Factors
The surge in technological advancements drives the market growth. This is because of the increasing demand of consumers for stylish, comfortable, heat-resistant, and water-resistant clothes, etc. It assists the key players to concentrate more on the properties of the clothes they are manufacturing to make the clothing or fabrics more acceptable and demandable among the consumers.
The increasing focus on sustainability and eco-friendliness fuels the market growth. This is because consumers are seeking textiles made from recycled, organic, or renewable materials as environmental concerns grow. As a result, this factor pushes textile manufacturers to create new products to fulfill the demand.
Increasing demand for disposable protective gear in the healthcare sector drives the market growth. This is due to the healthcare sector's demands for safe and hygienic clothes for several procedures that are occurring inside the hospital premises such as testing procedures and surgeries.
Fluctuating pricing for raw materials including cotton raw materials is the major factor for hamper the market growth.
Regional Analysis
Asia Pacific dominates the market. This is due to the increasing economy, surge in the use of silk in textiles, and rapid technological advances in sericulture. In addition, the apparel and non-apparel manufacturing sector increasing rapidly, and this growth will continue over the forecast period. The growth of this sector has continued to surge owing to disposable incomes rising and fast fashion has taken over. Thus, these elements boost the market growth in the region.
Europe is predicted to dominate the market. This is because several leading brands and retailers, researchers, thousands of talented emerging designers, forward-thinking entrepreneurs, internationally acclaimed educators, and designers are located in the region. Furthermore, increasing demand for high-quality textiles and fashion products drives the market in the region.
Segmentation Insights
Fabric Type Insight
The cotton segment is expected to dominate the market. This is because it is broadly utilized in natural fiber worldwide and has good qualities like absorbency, strength, and color retention. Furthermore, cotton clothing is more desirable to consumers because it is easy to machine wash in warm water and can survive multiple items of washing, which ultimately drives the segment's growth.
The polyester segment dominated the market. This can be attributed to the surge in demand in the textile sector which provides strength, durability, great finishing, and others.
Application Insight
The fashion & clothing segment is estimated to dominate the market. This is because all age groups around the world are becoming more and more curious about fashionable clothing. Furthermore, the increasing number of customers need several clothing kinds depending on the event, as well as several patterns, designs, and colors in apparel wear.
Prominent Companies
Segmentation Outline
The global textile fabrics market segmentation focuses on Fabric Type, Application, and Region.
By Fabric Type
By Application
By Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL TEXTILE FABRICS MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY: TEXTILE FABRICS MARKET
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
3.5 ANALYST TOOLS AND MODELS
4 GLOBAL TEXTILE FABRICS MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS AND TRENDS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE ANALYSIS
4.4 VALUE CHAIN ANALYSIS
4.5 MARKET GROWTH AND OUTLOOK
4.5.1 PRICE TREND ANALYSIS
4.5.2 OPPORTUNITY SHARE
5 GLOBAL TEXTILE FABRICS MARKET, BY FABRIC TYPE
5.1 OVERVIEW
5.2 COTTON
5.3 POLYESTER
5.4 POLYAMIDE
5.5 OTHERS
6 GLOBAL TEXTILE FABRICS MARKET, BY APPLICATION
6.1 OVERVIEW
6.2 FASHION & CLOTHING
6.3 HOUSEHOLD
6.4 TECHNICAL
7 GLOBAL TEXTILE FABRICS MARKET, BY GEOGRAPHY
7.1 OVERVIEW
7.2 NORTH AMERICA
7.2.1 NORTH AMERICA MARKET SNAPSHOT
7.2.2 U.S.
7.2.3 CANADA
7.2.4 MEXICO
7.3 EUROPE
7.3.1 EUROPE MARKET SNAPSHOT
7.3.2 WESTERN EUROPE
7.3.2.1 THE UK
7.3.2.2 GERMANY
7.3.2.3 FRANCE
7.3.2.4 ITALY
7.3.2.5 SPAIN
7.3.2.6 REST OF WESTERN EUROPE
7.3.3 EASTERN EUROPE
7.3.3.1 POLAND
7.3.3.2 RUSSIA
7.3.3.3 REST OF EASTERN EUROPE
7.4 ASIA PACIFIC
7.4.1 ASIA PACIFIC MARKET SNAPSHOT
7.4.2 CHINA
7.4.3 JAPAN
7.4.4 INDIA
7.4.5 AUSTRALIA & NEW ZEALAND
7.4.6 ASEAN
7.4.7 REST OF ASIA PACIFIC
7.5 MIDDLE EAST & AFRICA
7.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
7.5.2 UAE
7.5.3 SAUDI ARABIA
7.5.4 SOUTH AFRICA
7.5.5 REST OF MEA
7.6 SOUTH AMERICA
7.6.1 SOUTH AMERICA MARKET SNAPSHOT
7.6.2 BRAZIL
7.6.3 ARGENTINA
7.6.4 REST OF SOUTH AMERICA
8 GLOBAL TEXTILE FABRICS MARKET COMPETITIVE LANDSCAPE
8.1 OVERVIEW
8.2 COMPANY MARKET RANKING
8.3 KEY DEVELOPMENT STRATEGIES
8.4 COMPETITIVE DASHBOARD
8.5 PRODUCT MAPPING
8.6 TOP PLAYER POSITIONING, 2022
8.7 COMPETITIVE HEATMAP
8.8 TOP WINNING STRATEGIES
9 COMPANY PROFILES
9.1 KLOPMAN INTERNATIONAL
9.1.1 OVERVIEW
9.1.2 FINANCIAL PERFORMANCE
9.1.3 PRODUCT OUTLOOK
9.1.4 KEY DEVELOPMENTS
9.1.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.2 WEIQIAO TEXTILE CO LTD
9.2.1 OVERVIEW
9.2.2 FINANCIAL PERFORMANCE
9.2.3 PRODUCT OUTLOOK
9.2.4 KEY DEVELOPMENTS
9.2.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.3 WOLFIN TEXTILE LTD
9.3.1 OVERVIEW
9.3.2 FINANCIAL PERFORMANCE
9.3.3 PRODUCT OUTLOOK
9.3.4 KEY DEVELOPMENTS
9.3.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.4 WHALEY BRADFORD LTD
9.4.1 OVERVIEW
9.4.2 FINANCIAL PERFORMANCE
9.4.3 PRODUCT OUTLOOK
9.4.4 KEY DEVELOPMENTS
9.4.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.5 PREMIER TEXTILES
9.5.1 OVERVIEW
9.5.2 FINANCIAL PERFORMANCE
9.5.3 PRODUCT OUTLOOK
9.5.4 KEY DEVELOPMENTS
9.5.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.6 DUPONT DE NEMOURS INC
9.6.1 OVERVIEW
9.6.2 FINANCIAL PERFORMANCE
9.6.3 PRODUCT OUTLOOK
9.6.4 KEY DEVELOPMENTS
9.6.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.7 CHINA TEXTILE CO LTD
9.7.1 OVERVIEW
9.7.2 FINANCIAL PERFORMANCE
9.7.3 PRODUCT OUTLOOK
9.7.4 KEY DEVELOPMENTS
9.7.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.8 YI CHUN TEXTILE LTD
9.8.1 OVERVIEW
9.8.2 FINANCIAL PERFORMANCE
9.8.3 PRODUCT OUTLOOK
9.8.4 KEY DEVELOPMENTS
9.8.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.9 LOYAL TEXTILE MILLS LTD
9.9.1 OVERVIEW
9.9.2 FINANCIAL PERFORMANCE
9.9.3 PRODUCT OUTLOOK
9.9.4 KEY DEVELOPMENTS
9.9.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.10 COVILLE INC
9.10.1 OVERVIEW
9.10.2 FINANCIAL PERFORMANCE
9.10.3 PRODUCT OUTLOOK
9.10.4 KEY DEVELOPMENTS
9.10.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
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