Textile Fabric Market expected to reach $ 1.48 trillion Growth By 2026 with top Key players Thai Textile, REDA GROUP, paramounttextiles, Paulo de Oliveira, SA, Nike, adidas AG, Aditya Birla Management Corporation, Levi Strauss
Textile fabrics originate from a number of sources including animals, plants, and minerals, as well as manmade synthetic materials. Let’s take a closer look at some of the different types. A textile fabric is a cloth that has been woven, knitted, tufted, knotted, or bonded together using natural or synthetic threads, yarns, and other materials. Popular fabrics include cotton and leather, but even seaweed and gold have been used to make textiles. Understanding the differences found among different textile fabrics is critical in the design industry.
Global Textile Fabric Market is expected to rise from its initial estimated value of USD 1.05 trillion to an estimated value of USD 1.48 trillion by 2026, registering a CAGR of 4.35% in the forecast period of 2019-2026. Growth in the construction industry is the major factor for the growth of this market.
Influencing players of this market are: Lu Thai Textile, REDA GROUP, paramounttextiles, Paulo de Oliveira, SA, Nike, adidas AG, Aditya Birla Management Corporation, Levi Strauss & Co.,Arvind, Bombay Rayon Fashions Limited, Fabindia.com, Cotton Corporation of India, Dorothy Perkins,Bruno Banani, CONE DENIM LLC, Canterbury
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The Textile Fabric report is the comprehensive market research report which studies the challenges, market structures, opportunities, driving forces, emerging trends, and competitive landscape of the industry. Moreover, the report revises general market conditions, estimates market share and possible sales volume of the industry, figure out the probable market for a new product to be launched and discover the most appropriate method for the distribution of certain product. By taking into consideration specific base year and historic year, calculations in the report have been performed which interprets the market performance in the forecast years by giving information about what the market definition, classifications, applications, and engagements are.
- Rising disposable income is driving the growth of this market
- Growth in the automotive industry is another factor driving the market growth
- Disintegrated market synopsis is restraining the market growth
Table of Contents:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Global Textile Fabric Market Landscape
Part 04: Global Textile Fabric Market Sizing
Part 05: Global Textile Fabric Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Segmentation: Textile Fabric Market
By Raw Material (Cotton, Chemical, Wool, Silk, Others),
By Product (Natural Fibers, Polyesters, Nylon, Others),
By Applications (Household, Technical, Fashion & Clothing, Others),
By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Key Developments in the Market:
- In March 2019, Grasim Industries announced that they have acquired Soktas India Pvt Ltd (SIPL). The main aim of the acquisition is to enhance their business in fabric market and later they want to strengthen themselves in cotton and linen fabric market in India. They want to expand their business so that they can meet the increasing demand for premium fabrics.
- In January 2019, Birla Cellulose announced the launch of their new version of their Liva fabric- Livaeco which increases the sustainable feature of the Liva. They are made with the raw material from certified forest, and have used less water during their manufacturing. The main aim of the launch is to provide the customers fashionable cloth that is eco- friendly as well.
Global textile fabric market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of textile fabric market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
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