Global Fabrics Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Fabrics Market Report by The Business Research Company covers fabrics market drivers and restraints, fabrics market size, major players, and the impact of COVID-19 on the fabrics market.
The fabrics market consists of sales of fabrics by entities (organizations, sole traders and partnerships) that manufacture fabrics, through processes such as weaving and knitting. A fabric is a cloth formed by weaving, knitting, tufting or bonding together. Fabric mills include broad woven fabric mills, narrow fabric mills, non-woven fabric mills and knit fabric mills. They are engaged in weaving fabrics, felts and narrow fabrics, and they also further finish and fabricate fabric products. Fabrics are mainly used as raw materials for manufacturing apparels and home furnishings products. The fabrics market is segmented into broad woven fabrics, narrow fabric mills and schiffli machine embroidery, non-woven fabrics and knitted fabrics.
Increasing demand for online shopping is expected to drive the fabrics manufacturing market. The global fabrics market is expected to grow from $165.7 billion in 2020 to $183.9 billion in 2021 at a compound annual growth rate (CAGR) of 10.%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $228.6 billion in 2025 at a CAGR of 6%.
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Some fabrics market trends include the demand for smart fabrics. This is mainly driven by the growing use of smart fabrics in various sectors including fashion, entertainment, medical, transportation, sports and fitness, and 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.
Global fabrics market segments include:
1) By Type: Non-Woven Fabrics, Knitted Fabrics, Broad Woven Fabrics, Narrow Fabric Mills And Schiffli Machine Embroidery.
2) By Product: Cotton Fabric, Linen Fabric, Silk Fabric, Canvas Fabrics, Polycotton Fabric, Others.
Subsegments Covered: Dyed Artificial Knitted Fibres, Dyed Cotton Knitted Fabrics, Elastomeric Yarn Knitted Fabrics, Lace Knitted Fabrics, Pile Knitted Fabrics, Dyed Synthetic Knitted Fibres, Printed Synthetic Knitted Fibres, Other Knitted Fabrics.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Read More On The Fabrics Global Market Report 2021: COVID-19 Impact and Recovery to 2030 At:
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The Fabrics Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides fabrics market overviews, analyses and forecasts market size, share, fabrics market players, fabrics market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The fabrics market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Fabrics Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Toray Industries Inc, Luthai Textile Co Ltd, Vardhaman Group, Arvind Ltd, Bombay Rayon Fashions Ltd.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Fabrics Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Fabrics Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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