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What Are the Key Factors Driving Fabrics Market Size and Growth?
The fabrics market size has grown strongly in recent years. It will grow from $132.47 billion in 2024 to $142.3 billion in 2025 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to strong economic growth in emerging markets, rapid growth in the automotive industry and increased demand for man-made fibers.
The fabrics market size is expected to see strong growth in the next few years. It will grow to $185.41 billion in 2029 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to increasing e-commerce, increasing demand for sportswear, rising population, technological advances and increasing internet penetration and smartphone usage. Major trends in the forecast period include use of blockchain, focus on digital textile printing ink and printers, focus on development of smart fabrics, adoption of robotics and automation in manufacturing units, use of artificial intelligence in fabric manufacturing and focus on increasing partnerships and collaborations.
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Who Are the Major Contributors to the Fabrics Market Growth?
Increasing demand for online shopping is expected to drive the fabrics manufacturing market. Manufacturers can now sell their products on a larger platform than before, which will increase their customer base geographically driving the growth of the apparel manufacturing market. For instance, in August 2024, according to the US Census Bureau, a US-based government agency, U.S. retail e-commerce sales totaled $291.6 billion in Q2 2024, up 1.3% from Q1 2024. Total retail sales reached $1,826.9 billion, marking a 0.5% increase. E-commerce sales rose 6.7% year-over-year, while total retail sales grew by 2.1%. E-commerce made up 16% of total retail sales during the quarter. Therefore, Online Shopping Fuels Growth in The Fabrics Manufacturing Market.
How Is the Fabrics Market Divided by Type and Application?
The fabrics market covered in this report is segmented –
1) By Type: Non-Woven Fabrics, Knitted Fabrics, Broad Woven Fabrics and Narrow Fabric Mills, Schiffli Machine Embroidery.
2) By Product: Cotton Fabric, Linen Fabric, Silk Fabric, Polycotton Fabric, Other Products
3) By Application: T-Shirts, Sportwear, Outdoor Clothing, Performance Wear
Subsegments:
1) By Non-Woven Fabrics: Spunbond Non-Woven Fabrics, Meltblown Non-Woven Fabrics, Needle-Punched Non-Woven Fabrics, Hydroentangled Non-Woven Fabrics (Spunlace), Chemical Bonded Non-Woven Fabrics
2) By Knitted Fabrics: Weft Knitted Fabrics, Warp Knitted Fabrics, Circular Knitted Fabrics, Flat Knitted Fabrics
3) By Broad Woven Fabrics and Narrow Fabric Mills: Broad Woven Fabrics, Specialty Woven Fabrics, Narrow Fabrics
4) By Schiffli Machine Embroidery: Lace Embroidery, Decorative Embroidery, Functional Embroidery (for garments and accessories), Custom Embroidery Services
What Are the Significant Trends in the Fabrics Market Across Regions?
The demand for smart fabrics is increasing rapidly. This is mainly driven by the growing use of smart fabrics in various sectors including fashion, entertainment, medical, transportation, sports and fitness, and the military. Smart fabrics are textiles that can interact with their environment and respond to a physical stimulus including those from mechanical, electrical, thermal, and chemical sources. Sensors, actuators, and fabrics are the major components of smart fabrics. The materials used in smart fabrics include optical fibers, metals, and conductive polymers. An example of smart fabrics is D-Shirt offered by French company Cityzen Sciences, which comes with a wide range of functions to record heart rate, GPS location, route, altitude, and speed.
Who Are the Emerging Players in the Fabrics Market?
Major companies operating in the fabrics market include Toray Industries Inc, Reliance Industries Limited, INVISTA, Shenzhou International Holdings Limited, Teijin Ltd., Seoane Produccion Textil, Arvind Ltd, Mattex Yarns, Lion Brand Yarn Company, Champion Thread Co, Suominen Corporation, Elevate Textiles, National Spinning Co, Fabricato SA, BTK Textile, Inditex, Freudenberg Group, Como Luxury fabrics, Spinrite Inc., Pacific Textiles, Jiangsu Lianfa Textile Co Ltd, Salvatore Ferragamo SpA, Albany International Corp., Johns Manville, Terico Golzar, Cone Denim, Smartex, The Yarn Room, Eeden, American Silk Mill, Mango, Evora SA, American & Efird, Bombay Rayon Fashions Limited, Hanesbrands, Inc., Ahlstrom- Munksjö, Luthai Textile Co Ltd, Elasticos Yarns, Glatfelter Corporation, Indumentaria Lincoln Sa, Mohawk Industries, Inc., Low & Bonar, TWE Group, Yarnz, Maples Industries, Inc., Avgol, Saudi Spinning & Textile Mill, Berry Global Koninklijke Ten Cate NV, H and M Hennes and Mauritz GBC AB, Vardhman Group, Fibertex Nonwovens A/S, Fitesa, Integrated Fibers Limited, Standards Textile Co. Inc, Kimberly-Clark, DuPont de Nemours, Sarwani International Corporation, Herrschners Inc, United Textiles, Safety Components, Zhejiang Kingsafe, Spunchem Interntaional, Texameri SA (Texcom), Gale Pacific Fze, European Spinning Group, Weiqiao Textile, Lydall, AlSaraTex Co., Leena Egypt
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How Is Regional Performance Expected to Affect Fabrics Market Growth?
Asia-Pacific was the largest region in the fabrics market in 2024. Western Europe was the second largest region in the fabrics market. The regions covered in the fabrics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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