Learn about the global fabrics market through The Business Research Company, which provides information on fabrics market size, fabrics market drivers and restraints, fabrics market players, the COVID-19 impact on the fabrics market, and more.

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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%.

Increasing demand for online shopping is expected to drive the fabrics manufacturing market

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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.

Global Fabrics Market Segments Include:

By Type: Non-Woven Fabrics, Knitted Fabrics, Broad woven Fabrics, Narrow Fabric Mills and Schiffli Machine Embroidery

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. Among these regions, Asia Pacific was the largest region in the global fabrics market, accounting for 55% of the market in 2020.

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 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 fibres, metals and conductive polymers.

TBRC’s fabrics market report covers:

Major Market Players: 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)

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, leading competitor revenues, profiles and market shares.

TBRC’s fabrics market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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Synthetic Fibres Global Market Report 2021

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Textile Global Market Report 2021

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