The textile and fabric finishing and fabric coating mills global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Textile and Fabric Finishing and Fabric Coating Mills Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The textile and fabric finishing and fabric coating mills market size has grown rapidly in recent years. It will grow from $72.56 billion in 2023 to $81.94 billion in 2024 at a compound annual growth rate (CAGR) of 12.9%. The growth in the historic period can be attributed to consumer demand, globalization and trade, fashion trends, technological advancements.
The textile and fabric finishing and fabric coating mills market size is expected to see rapid growth in the next few years. It will grow to $122.12 billion in 2028 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to reshoring and nearshoring, e-commerce growth. Major trends in the forecast period include sustainability and eco-friendly practices, innovative materials, digitalization and industry 4.0, customization and personalization, health and performance fabrics.
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Scope Of Textile and Fabric Finishing and Fabric Coating Mills Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Textile and Fabric Finishing and Fabric Coating Mills Market Overview
Market Drivers –
Increasing demand for online shopping is expected to drive the textile and fabric finishing and fabric coated products and thus benefiting the 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 textile and fabric finishing and fabric coating mills market. In countries such as India, for instance, e-commerce portals have boosted the sales of these products by giving larger exposure to producers who were confined to one geography.
Market Trends –
With concerns over the high consumption of water, air pollution, and waste generation, the textile industry is steering towards more environmentally sustainable methods of fabric coating. Manufacturers are figuring out more water-efficient ways to dye the fabrics, which is the most water-consuming stage of the fabric manufacturing process. Technologies such as aerated dyeing involve placing fabric in a super fluidic CO2 pressurized chamber with dye which reduces water and chemical usage. This process saves up to 50% of energy and dye consumption, time, and more than 1000 liters of water per day. The process also saves costs by 40-60% per day for the coating companies. Arvind Ltd., an Indian textile company manufacturing cotton garments, is collaborating with DyeCoo, a Dutch tech company, to exercise the concept of CO2 (Carbon dioxide) dyeing as an environment-friendly option.
The textile and fabric finishing and fabric coating mills market covered in this report is segmented –
1) By Type: Textile and Fabric Finishing Mills, Fabric Coating Mills
2) By Technology: Traditional, Advanced
3) By End-Use Industry: Transportation, Building and Construction, Protective Clothing, Industrial, Medical, Sports, Agriculture, Packaging
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Regional Insights –
Asia-Pacific was the largest region in the textile and fabric finishing and fabric coating mills market in 2023. North America was the second largest region in the textile and fabric finishing and fabric coating mills market. The regions covered in the textile and fabric finishing and fabric coating mills market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the textile and fabric finishing and fabric coating mills market include Daiwabo Holdings Co. Ltd., Grasim Industries Limited, Leggett & Platt Incorporated, Sioen Industries NV, Swift Galey LLC, Carlisle Finishing LLC, Single Source Apparel Inc., Guilford Inc., Mohawk Industries Inc., Hanesbrands Inc., Fruit of the Loom Inc., Gildan Activewear Inc., Milliken & Company, Unifi Inc., Parkdale Mills Inc., American & Efird LLC, Mount Vernon Mills Inc., Carolina Cotton Works Inc., Tuscarora Yarns Inc., Frontier Spinning Mills Inc., Culp Inc., Glen Raven Inc., Cone Denim LLC, American Cord & Webbing Co Inc., American Fiber & Finishing Inc., American Silk Mills Corporation, Carolina Mills Inc., Coville Inc., Foss Manufacturing Company LLC, Highland Industries Inc., Interface Fabrics Group Inc.
Table of Contents
1. Executive Summary
2. Textile and Fabric Finishing and Fabric Coating Mills Market Report Structure
3. Textile and Fabric Finishing and Fabric Coating Mills Market Trends And Strategies
4. Textile and Fabric Finishing and Fabric Coating Mills Market – Macro Economic Scenario
5. Textile and Fabric Finishing and Fabric Coating Mills Market Size And Growth
…..
27. Textile and Fabric Finishing and Fabric Coating Mills Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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