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    Textile Fabrics Market

    ID: MRFR/CnM/6759-CR
    188 Pages
    Priya Nagrale
    February 2021

    Textile Fabrics Market Research Report Information By Fabric Type (Cotton, Polycottons, Polyester), By Application (T-shirts, Sportwear, Outdoor Clothing, Performance Wear), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2032

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    Textile Fabrics Market Research Report - Global Forecast till 2032 Infographic
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    Textile Fabrics Market Summary

    As per Market Research Future Analysis, the Global Textile Fabrics Market was valued at USD 596.84 Billion in 2023 and is projected to grow to USD 1079.88 Billion by 2032, with a CAGR of 7.03% from 2024 to 2032. The market is driven by the increasing demand for textile fabrics in fashion and clothing, particularly natural fibers like cotton, silk, and wool. The Asia Pacific region leads the market, supported by a growing middle class and major producers like China and India. The T-shirts segment is expected to grow rapidly due to rising demand in the apparel industry, particularly in athleisure.

    Key Market Trends & Highlights

    Key trends influencing the Textile Fabrics Market include the rising demand for natural fibers and the growth of specific fabric types and applications.

    • Natural fiber composites are increasingly used in the automotive industry due to their strength and lightweight properties.
    • The Cotton segment is expected to dominate the market, driven by its strength, absorbency, and consumer appeal.
    • The T-shirts segment was the market leader in 2021 and is anticipated to grow at the fastest rate, fueled by the popularity of athleisure.
    • The Asia Pacific region is the largest market, with significant growth expected due to rising disposable incomes and demand for quality textile products.

    Market Size & Forecast

    2023 Market Size USD 596.84 Billion
    2032 Market Size USD 1079.88 Billion
    CAGR (2024-2032) 7.03%

    Major Players

    Key companies include Toray Textiles Europe Limited, Arvind Limited (India), Klopman International, Reliance Industries Limited, and Shahlon Group.

    Textile Fabrics Market Trends

      • Rising Demand for Natural Fibers

    Natural fiber composites are used extensively in the car industry for both interior and exterior applications since they are stronger and comparatively lighter than conventional fibers. Cotton, linen, silk, wool, hemp, jute, and cashmere are examples of natural fibers derived from plants and animals. These fibers are frequently used to create clothing, accessories, building materials, medicinal treatments, and automotive interiors, among other things. The worldwide textile business is expanding considerably as a result of the number of natural fibers, particularly cotton, in China and India.

    Since silk comes in both fine and coarse varieties, it is utilized for both upholstery and clothing. Jute and wool are utilized as textile materials because of their softness, elasticity, and durability. the growing use of cotton and other natural fibers such as cotton, silk, wool, and jute, will drive the global textile market during the forecast period.

    The global textile fabrics market is poised for dynamic growth, driven by increasing consumer demand for sustainable and innovative materials, which reflects a broader trend towards eco-consciousness in the fashion industry.

    U.S. Department of Commerce

    Textile Fabrics Market Drivers

    Market Growth Projections

    The Global Textile Fabrics Market Industry is poised for substantial growth, with projections indicating a market value of 638.8 USD Billion in 2024 and an anticipated increase to 1324.0 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate (CAGR) of 6.85% from 2025 to 2035. Such figures reflect the increasing demand for diverse textile applications and the industry's adaptability to changing consumer preferences. The market's expansion is likely to be driven by various factors, including technological advancements, sustainability trends, and the growing importance of e-commerce in retail.

    Rising Demand for Sustainable Fabrics

    The Global Textile Fabrics Market Industry is experiencing a notable shift towards sustainability, driven by increasing consumer awareness regarding environmental issues. As consumers become more conscious of their purchasing decisions, the demand for eco-friendly fabrics is on the rise. This trend is reflected in the growing popularity of organic cotton, hemp, and recycled polyester, which are perceived as more sustainable alternatives. The market's value is projected to reach 638.8 USD Billion in 2024, indicating a robust growth trajectory. Companies that prioritize sustainable practices may find themselves better positioned to capture market share in this evolving landscape.

    Growth of E-commerce and Online Retail

    The rise of e-commerce is significantly influencing the Global Textile Fabrics Market Industry, as consumers increasingly turn to online platforms for their textile purchases. This shift has been accelerated by the convenience and accessibility that online shopping offers. Retailers are adapting their strategies to include robust online presence, thereby expanding their reach to a global audience. The growth of online retail is expected to contribute to the overall market expansion, as it allows for a wider variety of products and brands to be available to consumers. This trend is likely to play a crucial role in shaping the future landscape of the textile industry.

    Expanding Applications of Textile Fabrics

    The versatility of textile fabrics is a key driver in the Global Textile Fabrics Market Industry, as they find applications across various sectors, including fashion, automotive, and healthcare. The increasing use of technical textiles in industries such as automotive for lightweight and durable materials is noteworthy. For instance, the automotive sector is increasingly adopting textiles for interior design, contributing to the overall market growth. This diversification of applications not only broadens the market scope but also enhances the potential for innovation. As the market evolves, the projected growth to 1324.0 USD Billion by 2035 reflects the expanding horizons of textile applications.

    Technological Advancements in Fabric Production

    Technological innovations are reshaping the Global Textile Fabrics Market Industry, enhancing production efficiency and fabric quality. Advanced manufacturing techniques, such as 3D knitting and digital printing, enable the creation of intricate designs while minimizing waste. These technologies not only streamline production processes but also cater to the growing demand for customization in textiles. As the industry embraces these advancements, it is likely to witness a surge in productivity and profitability. The anticipated compound annual growth rate (CAGR) of 6.85% from 2025 to 2035 underscores the potential for growth driven by these technological improvements.

    Increased Investment in Research and Development

    Investment in research and development (R&D) is a critical driver for the Global Textile Fabrics Market Industry, as companies strive to innovate and improve their product offerings. This focus on R&D enables the development of new materials and technologies that meet evolving consumer demands. For example, advancements in smart textiles, which integrate technology into fabrics, are gaining traction in various applications, including wearables and healthcare. As companies allocate more resources to R&D, they are likely to enhance their competitive edge and drive market growth. The emphasis on innovation is expected to be a key factor in the industry's evolution over the coming years.

    Market Segment Insights

    Textile Fabrics Fabric Type Insights

    The market segmentation, based on Fabric Type, includes Cotton, Polycottons, and Polyester. The Cotton segment may dominate the market. The most popular natural fiber in the world and one with exceptional strength, absorbency, and color retention characteristics is cotton. Because cotton clothing is easier to machine wash in hot water and can withstand several pieces of washing, cotton apparel is more appealing to consumers, which eventually fuels the growth of the textile fabric sector.

    Textile Fabrics Application Insights

    Based on Application, the global market segmentation includes T-shirts, sportswear, Outdoor Clothing, and Performance Wear. The market was dominated by the T-shirts segment in 2021 and is anticipated to develop at the fastest rate. The growth of the segment is attributed to the growing demand for T-shirts from the apparel industry. The segment is further expected to benefit from the growing popularity of athleisure.

    Figure 2: Textile Fabrics Market, by Fabric Type, 2023 & 2032 (USD Billion)

    Source: Secondary Research, Primary Research, Market Research Future Database, and Analyst Review

    Get more detailed insights about Textile Fabrics Market Research Report - Global Forecast till 2032

    Regional Insights

    By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia Pacific region is the largest market for textile fabrics and is expected to continue to grow at a rapid pace, driven by the increasing population and rising disposable incomes. The growing middle class is increasingly demanding higher-quality textile products, which is expected to drive the demand for textile fabrics in the region. In addition, the Asia Pacific region is home to some of the world's largest producers of textile fabrics, such as China, India, and Pakistan.

    These countries are expected to continue to dominate the global market for textile fabrics over the forecast period.

    Figure 3: TEXTILE FABRICS MARKET SHARE BY REGION 2023 (%)

    TEXTILE FABRICS MARKET SHARE BY REGION

    Source: Secondary Research, Primary Research, Market Research Future Database, and Analyst Review

    A higher CAGR is anticipated for North America.  The rising demand for fabric t-shirts and outdoor clothes is expected to greatly aid the expansion of the local market. Also, it is renowned for its textiles, raw materials, clothing, yarns, and furniture. The US is anticipated to contribute much more than any other country to the market's growth.

    Key Players and Competitive Insights

    The major market players are investing a lot of money in R&D to expand their product lines, which will spur further market growth. With significant market development like new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic activities to expand their global presence. To grow and thrive in a market climate that is becoming more competitive and growing, competitors in the Textile Fabrics industry must offer affordable products.

    Manufacturing locally to cut operating costs is one of the main business tactics manufacturers use in the global Textile Fabrics industry to benefit customers and expand the market sector. Major market players, including Toray Textiles Europe Limited, Arvind Limited (India), Klopman International, Reliance Industries Limited, Shahlon Group, and others, are attempting to increase market demand by funding R&D initiatives.

    Arvind is a textile producer. Denim, woven and knit textiles, sophisticated materials, mega mart retail, export of clothes, organic crops, and non-woven clothing are among its areas of specialization.

    Klopman is a designer and producer of polyester and cotton textiles. Its goods include flame-retardant textiles, denim, Tencel, protective clothing, corporate wear, and workwear materials. The firm serves healthcare, automotive, hotel, oil and gas, construction, and other industries.

    Key Companies in the Textile Fabrics Market market include

    Industry Developments

    August 2022: Reliance Industries Ltd announced it will use FRX Innovations’ Nofia technology to enhance the sustainable edge of its well-established Recron FS fire-resistant polyester for polyester textile applications.

    February 2021: Shahlon Silk Industries has announced that it has expanded its geographical reach by exporting its goods to 15 countries, including the U.S., Europe, the Middle East, Africa, Belgium, Egypt, Jordan, North Africa, Thailand, Turkey, Sri Lanka, Bangladesh, and Korea.

    Future Outlook

    Textile Fabrics Market Future Outlook

    The Global Textile Fabrics Market is projected to grow at a 6.85% CAGR from 2024 to 2035, driven by sustainability trends, technological advancements, and rising consumer demand for innovative textiles.

    New opportunities lie in:

    • Invest in smart textiles integrating IoT for enhanced functionality and consumer engagement.
    • Develop eco-friendly fabrics using recycled materials to meet sustainability demands.
    • Expand into emerging markets with tailored textile solutions for local industries.

    By 2035, the market is expected to achieve robust growth, positioning itself as a leader in innovative textile solutions.

    Market Segmentation

    Textile Fabrics Type Outlook

    • Cotton
    • Polycottons
    • Polyester

    Textile Fabrics Regional Outlook

    • US
    • Canada

    Textile Fabrics Application Outlook

    • T-shirts
    • Sportswear
    • Outdoor Clothing
    • Performance Wear

    Report Scope

    Report Attribute/Metric Details
    Market Size 2023 USD 596.84 Billion
    Market Size 2024 USD 638.80 Billion
    Market Size 2032 USD 1079.88 Billion
    Compound Annual Growth Rate (CAGR) 7.03% (2024-2032)
    Base Year 2023
    Market Forecast Period 2024-2032
    Historical Data 2018 & 2022
    Market Forecast Units Value (USD Million)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Fabric Type, Application, and Region
    Geographies Covered North America, Europe, Asia Pacific, and Rest of the World
    Countries Covered The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Wolfin Textiles Ltd, Bombay Rayon Fashions Limited, Premier Textiles Limited, Toray Textiles Europe Limited, Arvind Limited (India), Klopman International, Whaleys (Bradford) LTD, Weiqiao Textile Company Limited, Reliance Industries Limited, Shahlon Group
    Key Market Opportunities ·         Increasing Demand for Lightweight and Multifunctional Fabric to Offer Significant Market Opportunities
    Key Market Dynamics ·         Demand for apparel to boost the Market Growth

    Market Highlights

    Author
    Priya Nagrale
    Senior Research Analyst

    With an experience of over five years in market research industry (Chemicals & Materials domain), I gather and analyze market data from diverse sources to produce results, which are then presented back to a client. Also, provide recommendations based on the findings. As a Senior Research Analyst, I perform quality checks (QC) for market estimations, QC for reports, and handle queries and work extensively on client customizations. Also, handle the responsibilities of client proposals, report planning, report finalization, and execution

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    FAQs

    How much is the Textile Fabrics market?

    The Textile Fabrics Market size was valued at USD 596.84 Billion in 2023.

    What is the growth rate of the Textile Fabrics market?

    The global market is projected to grow at a CAGR of 7.03% during the forecast period, 2024-2032.

    Which region held the largest market share in the Textile Fabrics market?

    Asia Pacific had the largest share of the global Textile Fabric market.

    Who are the key players in the Textile Fabric market?

    The key players in the market are Wolfin Textiles Ltd, Bombay Rayon Fashions Limited, Premier Textiles Limited, Toray Textiles Europe Limited, Arvind Limited (India), Klopman International, Whaleys (Bradford) LTD, Weiqiao Textile Company Limited, Reliance Industries Limited, Shahlon Group.

    Which Fabric Type led the market of Textile Fabrics?

    The Cotton category dominated the market in 2023.

    Which Application had the largest market share in the market?

    T-shirts had the largest share in the global market for Textile Fabrics.

    Textile Fabrics Market Research Report - Global Forecast till 2032 Infographic
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