Global Textile Market Analysis, Segment, Trends and Forecasts To 2020: Grand View Research, Inc

“Grand View Research, Inc Market & Consulting”
Grand View Research has announced the addition of “Global Textile Market Analysis And Forecasts To 2020” Market Research report to their Database

Global textile market is anticipated to witness considerable growth on account of increasing use primarily in the manufacturing of garments. Furthermore, growing fashion industry across the globe is expected to positively impact the market over the forecast period. Textiles are classified into two types including synthetic textile fibers and natural textile fibers. Natural fibers are derived from animal and plant sources while synthetic fibers are manufactured from various polymers including acrylic, polyester and nylon. Textiles are employed in a wide range of applications including manufacturing of clothing and household goods such as curtains, carpets, bed sheets and rugs. In addition, growing use of technical textiles in medical and industrial applications is likely to be a key driver for the market over the forecast period.

View More Details About Global Textile Market With Toc:

Rapid urbanization, growing disposable income and changing lifestyle of consumers in Asia Pacific particularly in Indonesia, China, India and Malaysia is anticipated to boost textile demand over the next seven years. China has been the largest market for textiles in terms of revenue and volume over the past few years in light of growing demand from end-use industries. This trend is anticipated to continue over the projected period. In addition, China is the largest exporter of textile products to African and Middle Eastern countries followed by the EU and North America.

Expansion of production capacities in the Asia Pacific region coupled with rise in trading activities across the globe is anticipated to drive textile market growth over the next seven years. However, high raw material prices and prevalence of EPA and REACH regulations in regions especially North America and Europe against the use of natural fibers derived from animal skins is anticipated to hamper market growth.

View More Details About Global Textile Market With Toc:

Major players present in the textile market include Shandong Jining Woolen Textile Co. Ltd, China Textile (Shenzhen) Co. Ltd, Asahi Kasei Fibers Corporation, Honeywell International, Sinopec Yizheng Chemical Fibre Company Ltd., Rhodia Polyamide and Invista. In September 2014, Invista expanded its lycra business in India to primarily target apparel and textile manufacturers in Jaipur and Surat. In the same year the company introduced lycra products to go with Indian ethnic wear in order to comply with increasing Indian demand for shape wear and apparels with high stretchability.

View All Market Reports Of This Category:

About Grand View Research:

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy.      

Browse all Market Research Reports at: Grand View Research


Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James
Phone: 1-415-349-0058
Address:28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States