New York, According to a new market research report published by Global Insight Services “Textile Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
The textile industry is a rapidly evolving sector that is constantly innovating to meet the ever-changing demands of consumers. The textile industry is a global industry, with China, India, and the United States being the largest producers of textiles. Textile technology is constantly evolving to meet the demands of the textile industry and the needs of consumers.
The most common types of fibers used in textile production are natural fibers, such as cotton, wool, and silk, and synthetic fibers, such as polyester, nylon, and acrylic. Yarns are made from fibers that have been spun into long, thin strands. Fabric is made by interlacing yarns to create a flat, flexible material. There are many different types of fabrics, such as woven, knitted, and non-woven fabrics.
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Key Trends and Drivers
Here are some of the key trends that are currently shaping the textile market:
- Sustainable fabrics: Consumers are becoming more conscious about the impact their purchases have on the environment. As a result, there is a growing demand for sustainable fabrics such as organic cotton and bamboo.
- Technical fabrics: Technical fabrics are becoming increasingly popular for their performance-enhancing properties. These fabrics are often used in sportswear and outdoor clothing for their breathability, moisture-wicking and UV protection properties.
- Natural dyes: Consumers are also becoming more interested in natural dyes as an alternative to synthetic dyes. Natural dyes are derived from plant, animal or mineral sources and are considered to be more environmentally friendly.
- Smart textiles: Smart textiles are a relatively new development in the textile industry. These fabrics are embedded with technology that allows them to perform various functions, such as monitoring vital signs or providing heating or cooling.
Market Segments
By Raw-Material
- Cotton
- Chemical
- Wool
- Silk
- Others
By Product
- Natural fibers
- Polyesters
- Nylon
- Others
Key Players
- Arvind Limited
- Dorothy Perkins
- Aigle
- Admiral Sportwear
- TJX Industries
- Shenzhou International Group Holdings
- Zalando SE
- Toray Industries
- Canterbury
- Bruno Banani
- Ashworth
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Reasons to buy Textile Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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