DUBLIN, Aug. 10, 2021 /PRNewswire/ — The “Textile Global Market Report 2021: COVID-19 Impact and Recovery to 2030” report has been added to ResearchAndMarkets.com’s providing.
The international textile market is anticipated to develop from $594.61 billion in 2020 to $654.57 billion in 2021 at a compound annual development charge (CAGR) of 10.1%.
The development is especially because of the corporations rearranging their operations and recovering from the COVID-19 affect, which had earlier led to restrictive containment measures involving social distancing, distant working, and the closure of business actions that resulted in operational challenges.
The market is anticipated to achieve $821.87 billion in 2025 at a CAGR of 6%.
Major corporations within the textile market embody Toray Industries Inc; Mohawk Industries; Indorama Corporation Pte Ltd; Beaulieu International Group and Weiqiao Textile Company Limited.
The textile market consists of gross sales of textiles by entities (organizations, sole merchants and partnerships) that produce fiber, yarn, threads, carpets, rugs, linens and different textile merchandise. The textile market is segmented into different textile product mills; materials; yarn, fiber and thread; dwelling furnishings and flooring coverings; and textile and material ending and material coating mills.
Asia Pacific was the biggest area within the international textile market, accounting for 51% of the market in 2020. Western Europe was the second largest area accounting for 17% of the worldwide textile market. Africa was the smallest area within the international textile market.
Advancements in wi-fi applied sciences and rising demand for connectivity is driving the demand for sensible textiles. Smart textiles are materials able to interacting with their atmosphere. They have the flexibility to react to bodily stimuli resembling thermal, mechanical, electrical and chemical sources.
Sensors, actuators and materials are the key parts of sensible textiles. The supplies utilized in sensible textiles embody optical fibers, metals and conductive polymers. They are broadly utilized in vogue, leisure, medical, transportation, sports activities and health and army. For instance, Cityzen Science’s, d-shirt, has a variety of features resembling coronary heart charge monitor, constructed-in GPS, accelerometer, altimeter.
Coronavirus Pandemic – The outbreak of Coronavirus illness (COVID-19) has acted as a large restraint on the textile manufacturing market in 2020 as provide chains had been disrupted on account of commerce restrictions and consumption declined on account of lockdowns imposed by governments globally.
Growth of E-commerce – Increasing demand for on-line buying is anticipated to drive the textile manufacturing market. Manufacturers can now promote their merchandise on a bigger platform than earlier than, which is able to improve their buyer base geographically driving the expansion of the textile manufacturing market. in nations resembling India, as an illustration, e-commerce portals have boosted the gross sales of conventional clothes by giving bigger publicity to producers who had been confined to 1 geography.
Key Topics Covered:
1. Executive Summary
2. Report Structure
three. Textile Market Characteristics
three.1. Market Definition
three.2. Key Segmentations
four. Textile Market Product Analysis
four.1. Leading Products/ Services
four.2. Key Features and Differentiators
four.three. Development Products
5. Textile Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.three. End Customers
6. Textile Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Textile Market Trends And Strategies
eight. Impact Of COVID-19 On Textile
9. Textile Market Size And Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers Of The Market
9.2.2. Restraints On The Market
9.three. Forecast Market Growth, Value ($ Billion)
9.three.1. Drivers Of The Market
9.three.2. Restraints On The Market
10. Textile Market Regional Analysis
10.1. Global Textile Market, 2020, By Region, Value ($ Billion)
10.2. Global Textile Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Region
10.three. Global Textile Market, Growth And Market Share Comparison, By Region
11. Textile Market Segmentation
11.1. Global Textile Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
Other Textile Product Mills
Fabrics
Yarn, Fiber And Thread
Home Furnishings And Floor Coverings
Textile and Fabric Finishing and Fabric Coating Mills
11.2. Global Textile Market, Segmentation By Material, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
Cotton
Jute
Silk
Synthetics
Wool
11.three. Global Textile Market, Segmentation By Process, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
12. Textile Market Segments
12.1. Global Other Textile Product Mills Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
12.2. Global Fabrics Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) – Broadwoven Fabrics; Narrow Fabric Mills and Schiffli Machine Embroidery; Non-Woven Fabrics; Knitted Fabrics
12.three. Global Yarn, Fiber And Thread Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
12.four. Global Home Furnishings And Floor Coverings Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) – Home Furnishings; Floor Coverings
12.5. Global Textile and Fabric Finishing and Fabric Coating Mills Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) – Textile and Fabric Finishing Mills; Fabric Coating Mills
13. Textile Market Metrics
13.1. Textile Market Size, Percentage Of GDP, 2015-2025, Global
13.2. Per Capita Average Textile Market Expenditure, 2015-2025, Global
Companies Mentioned
Toray Industries Inc
Mohawk Industries
Indorama Corporation Pte Ltd
Beaulieu International Group
Weiqiao Textile Company Limited
For extra details about this report go to https://www.researchandmarkets.com/r/l3gjki
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