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 fibers together.
The global fabrics market reached a value of nearly $165,672.25 million in 2020, having increased at a compound annual growth rate (CAGR) of 2.0% since 2015. The market is expected to grow from $165,672.25 million in 2020 to $228,363.20 million in 2025 at a rate of 6.6%. The growth is mainly due to the increasing e-commerce which is expected to drive the demand for fabrics. The fabrics market is expected to grow from $228,363.20 million in 2025 to $287,942.02 million in 2030 at a CAGR of 4.7%.
Increasing demand for online shopping is expected to drive the fabrics manufacturing market. The projected increase in e-commerce activities is also expected to provide fabric manufacturers a global platform to sell their products and reach a wider global audience than before, increasing their customer base geographically. Thus, driving the growth of the fabrics market during the forecast period. 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. Also, the online fabric stores in India are serving premium fabrics from around the globe to fulfill the demand of fabric amongst millennials in order to create fashionable pieces.
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Some fabrics market trends include growing demand for organic fabrics, clothes from organic fabrics are increasingly gaining prominence, as they are easy to maintain and clean. Moreover, increasing concerns over greenhouse emission, global warming and increasing carbon footprint, which is caused due to textile pollution, has resulted in increasing demand for sustainable textiles. Eco-brands and green clothing has motivated the fabric manufacturers to focus on green fibers that are created to minimize environmental impact of waste generated by textile industries
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
3) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Fabrics Opportunities and Strategies: Forecast To 2030 is one of a series of new reports from The Business Research Company that provides fabrics market overviews, analyzes and forecasts market size, share, fabrics market players, fabrics market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The fabrics identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Fabrics Opportunities and Strategies: Forecast 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, Reliance Industries, Shenzhou International Holdings Limited, INVISTA, Pacific Textiles
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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