Insights Into The Fabrics Market’s Growth Opportunities Through 2023-2032 – Includes Fabrics Market Size
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
Throughout the forecast period, rising demand for online shopping is anticipated to fuel innovation in the textile industry.
The global fabrics market is expected to grow from $107.48 billion in 2022 to $112.87 billion in 2023 at a compound annual growth rate (CAGR) of 5.0%. The fabrics market is expected to grow to $131.72 billion in 2027 at a CAGR of 3.9%.
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Global fabrics Market Segments Include:
- By Type: Non-Woven Fabrics, Knitted Fabrics, Broadwoven Fabrics, Narrow Fabric Mills and Schiffli Machine Embroidery
- By Product: Cotton Fabric, Linen Fabric, Silk Fabric, Canvas Fabrics, Polycotton Fabric, Other Products
- By Application: T-shirts, Sportwear, Outdoor Clothing, Performance Wear
- 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 is the largest region in the global fabrics market in 2021.
Major Market Players in the fabrics market include Toray Industries Inc., Arvind Ltd., Luthai Textile Co. Ltd., Toyobo Co. Ltd., Marzotto S.p.A., Jiangsu Lianfa Textile Co Ltd., SRF Limited, Cotonificio Albini SpA.
The market for smart fabrics is rapidly expanding. This is primarily due to the use of smart fabrics in a variety of industries, including fashion, entertainment, medicine, transportation, sports and fitness, and the military. Smart fabrics are textiles that can respond to physical stimuli from mechanical, electrical, thermal, chemical, and environmental sources. Sensors, actuators, and fabrics are the primary components of smart fabrics. Metals, conductive polymers, and optical fibers are some of the materials used in smart fabrics. The French business Cityzen Sciences’ D-Shirt, which has a variety of features to record heart rate, GPS position, route, altitude, and speed, is an example of a smart fabric.
The Fabrics Global Market Report 2023 provides a fabrics market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The fabrics market forecast analyzes fabrics market size, fabrics market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Textiles are any threads woven together to form cloth or other products such as clothing, curtains, and sheets, such as cotton, nylon, wool, or silk. They work with narrow textiles, felted fabrics, and fabrics that have been finished or created from scratch. Textiles are primarily used as raw materials in the production of clothing and home furnishings.
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