The Technical Textile Market size was USD 196.90 billion in 2023 and is expected to reach USD 280.02 billion by 2031 and grow at a CAGR of 4.5 % over the forecast period of 2024-2031.
The Technical Textile Market describes the manufacture sale, and use of textiles that are engineered and developed for particular functional requirements. In order to satisfy the need of various industries and applications, these textiles are developed to have specialized qualities and traits.
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Automotive, aerospace, healthcare, construction, agriculture, sports, and many other industries all use technical textiles. They provide advantages in terms of functionality, including high strength, endurance, chemical resistance, flame resistance, breathability, and insulation.
Due to a number of factors, including rising industry demand for advanced materials, technological development, and the need for creative solutions, the market for technical textiles has seen significant growth in recent years. Over the forecast period, the market is anticipated to grow as more end-user industries become aware of the advantages of technical textiles.
These products are discovered to be 20% to 25% lighter than conventional materials, which reduces weight and improves vehicle fuel efficiency. Technical textiles mainly use man-made raw materials. Thus, synthetic raw materials production using the technology is likely to impact the market growth of the Technical Textile Market.
Agriculture and farming activities have adopted the technical textile to increase crop production have added to the growth of the technical textile market. In agriculture, technical textiles are used in the manufacturing of nets and shade cloth because of their qualities of temperature, and water resistance.
KEY DRIVERS:
Increasing awareness and acceptance of the products
There has been growth in awareness of products made from technical textiles. The products give a high level of functionality and are safe and long-lasting. The high innovation and technological advancements have made products durable, and lightweight giving high strength.
Increasing demand from the packaging industry
Increasing demand for healthcare
Increasing demand from the automotive and rail transport industry
Multiple advantages of technical textile products
RESTRAIN:
Technological advancement in technical textiles
Major companies are concentrating on restructuring their business in order to adopt new engineering technologies, like smart textiles and nanotechnology, as a result of rising consumer preference for protective clothing combined with well-liked fashion trends. As a result, market expansion is anticipated to be constrained by an increase in the cost of the final product.
Increased cost as compared to traditional textiles
OPPORTUNITY:
Aerospace & Automotive Industry
Technical textiles can be used in areas like interior textiles, seating systems, filtration, and acoustic insulation in the automotive and aerospace industries. Fuel efficiency, comfort, and safety can all be improved in these industries by using lightweight, high-performance textiles.
Increasing demand in healthcare & medical equipment
CHALLENGES:
High cost of research and development
It takes significant research and development (R&D) investments to create innovative technical textiles. For smaller businesses or those with limited resources, the costs involved with developing new materials, testing them, and obtaining regulatory approvals can be high.
Volatility in raw material prices
Substitutes for the products
Tensions between Russia and Ukraine are contributing to an ever-increasing instability of the global order. Most of these unforeseen events are the result of the ongoing conflict between Russia and Ukraine, which has been going on since February 2022. Russia has seen a big change as a result of fashion retailing. Major domestic brands no longer conduct business in the country. In March 2022, allegedly more than 400 foreign businesses ceased operations in Russia.
Payment issues brought on by the sanctions are the main concern with regard to trade with Russia, particularly with respect to Asian countries like Bangladesh and Vietnam. This could have a negative impact on the textile and apparel industries in Asia and India, but the demand for these goods in Russia isn't as high. Only clothing accounted for half of Russia's monthly imports of textiles and apparel from Asian countries, worth $600-650 million. Depending on how long the sanctions last, the Asian countries will lose close to $2–2.5 billion or more in export revenues if Russian imports stop or significantly decrease for a while as a result.
Covid-19 has influenced the technical textile market growth. Technical textiles are used in the healthcare sector for the production of many medical equipment such as PPE kits, masks, as well as gloves. During the Covid-19 the healthcare sector and hospitals were in large demand for medical PPE kits. Hence, Covid-19 had driven the technical textile market growth.
According to the survey conducted of the overall textile industry with a response rate of around 57%, it was found that 7.2% of companies surveyed were small-scale businesses, 34 % were medium-scale businesses, and 57 % were large-scale businesses.
Among these companies, 72% companies continued their businesses whereas 28 % companies stopped their operations during pandemic. The main reason for this was the decline in orders, also financial instability, and supply chain disruptions. Small scale industries were majorly affected.
By Raw Materials
Natural Fibre
Synthetic Polymer
Mineral
Others
By Manufacturing
3D Weaving
3D Knitting
Thermoforming
Finishing Treatments
Nano Technology
Handmade Elements
Heat-set Synthetics
Others
By End Use
Clothtech Textile
Agro Textiles
Indutech Textile
Sportech Textile
Buildtech Textiles
Hometech Textile
Protech Textile
Transtech Textile
Packtech Textile
Medtech Textile
Others
REGIONAL ANALYSIS
In 2023, Asia Pacific dominated the market and generated more than 46 % of global revenue. Over the forecast period, a rise in demand for protective, and industrial clothing is anticipated to fuel market expansion.
It is anticipated that the regional market for technical textiles will experience growth due to the expansion of China's residential, commercial, and industrial sectors as well as government policies supporting India's overall textile market.
Fashion apparel and household applications are the main drivers of product demand in Europe, and this trend is expected to last throughout the forecast period. The expansion of the tourism, automotive, and healthcare industries is also anticipated to significantly boost the demand for various end-use textile segments, which will in turn propel the industry's expansion.
Because of the significant demand for products from the construction and healthcare application industries, North America is anticipated to grow at a nominal CAGR during the forecast period. Additionally anticipated to support market growth during the forecast period is an increase in infrastructure development and renovation activities.
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REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The Indian technical textile industry will achieve a CAGR of 50% in the future, according to the Ministry of Textiles and Coordinator of the National Technical Textile Mission (NTTM) said in an international conference on technical textiles.
US' Regal Lager is going to launch plant-based diapers & wipes.
From Apr 2022 to Jan 2023, Meditech exports increased by 60 percent and Geotech textiles dropped by 45 percent.
Some of the major key players in the technical textile market are Toray Industries Inc, Low & Bonar PLC, Kimberly-Clark Corp, Freudenberg Group, Huntsman International LLC, Ahlstrom-Munksjo, Mitsui Chemicals Inc, Berry Global Group Inc, Asahi Kasei Advance Corp, Milliken & Company, and other players.
| Report Attributes | Details |
| Market Size in 2023 | US$ 196.90 Bn |
| Market Size by 2031 | US$ 280.02 Bn |
| CAGR | CAGR of 4.5% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2023-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Raw Materials (Natural Fibre, Synthetic Polymer, Mineral, Others) • By Manufacturing (3D Weaving, 3D Knitting, Thermoforming, Finishing Treatments, Nano Technology, Handmade Elements, Heat-set Synthetics, Others) • By End Use (Clothtech Textile, Agro Textiles, Indutech Textile, Sportech Textile, Buildtech Textiles, Hometech Textile, Protech Textile, Transtech Textile, Packtech Textile, Medtech Textile, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Toray Industries Inc, Low & Bonar PLC, Kimberly-Clark Corp, Freudenberg Group, Huntsman International LLC, Ahlstrom-Munksjo, Mitsui Chemicals Inc, Berry Global Group Inc, Asahi Kasei Advance Corp, Milliken & Company |
| Key Drivers | • Increasing awareness and acceptance of the products |
| Market Opportunities | • Aerospace & Automotive Industry |
Ans: The Technical Textile Market is expected to grow at a CAGR of 4.5 % over the forecast period of 2024-2031.
Ans: The Technical Textile Market size was USD 196.90 billion in 2023 and is expected to reach USD 280.02 billion by 2031.
Ans: Increasing awareness and acceptance of the products, Increasing demand from the packaging industry, Increasing demand for healthcare, Increasing demand from the automotive and rail transport industry, Multiple advantages of technical textile products are major drivers for the growth of technical textile market.
Ans: Technological advancement in technical textiles is major restraint in technical textile market as it is increasing the overall cost of production.
Ans: Asia Pacific dominated the market and generated more than 46% of global revenue in 2023, and will continue to dominate the market during the forecast period.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Technical Textile Market Segmentation, By Raw Material
9.1 Introduction
9.2 Trend Analysis
9.3 Natural Fibre
9.4 Synthetic Polymer
9.5 Mineral
9.6 Others
10. Technical Textile Market Segmentation, By Manufacturing
10.1 Introduction
10.2 Trend Analysis
10.3 3D Weaving
10.4 3D Knitting
10.5 Thermoforming
10.6 Finishing Treatments
10.7 Nano Technology
10.8 Handmade Elements
10.9 Heat-set Synthetics
10.10 Others
11. Technical Textile Market Segmentation, By End Use
11.1 Introduction
11.2 Trend Analysis
11.3 Clothtech Textile
11.4 Agro Textiles
11.4 Indutech Textile
11.5 Sportech Textile
11.6 Buildtech Textiles
11.7 Hometech Textile
11.8 Protech Textile
11.9 Transtech Textile
11.10 Packtech Textile
11.11 Medtech Textile
11.12 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 Trend Analysis
12.2.2 North America Technical Textile Market by Country
12.2.3 North America Technical Textile Market By Raw Material
12.2.4 North America Technical Textile Market By Manufacturing
12.2.5 North America Technical Textile Market By End Use
12.2.6 USA
12.2.6.1 USA Technical Textile Market By Raw Material
12.2.6.2 USA Technical Textile Market By Manufacturing
12.2.6.3 USA Technical Textile Market By End Use
12.2.7 Canada
12.2.7.1 Canada Technical Textile Market By Raw Material
12.2.7.2 Canada Technical Textile Market By Manufacturing
12.2.7.3 Canada Technical Textile Market By End Use
12.2.8 Mexico
12.2.8.1 Mexico Technical Textile Market By Raw Material
12.2.8.2 Mexico Technical Textile Market By Manufacturing
12.2.8.3 Mexico Technical Textile Market By End Use
12.3 Europe
12.3.1 Trend Analysis
12.3.2 Eastern Europe
12.3.2.1 Eastern Europe Technical Textile Market by Country
12.3.2.2 Eastern Europe Technical Textile Market By Raw Material
12.3.2.3 Eastern Europe Technical Textile Market By Manufacturing
12.3.2.4 Eastern Europe Technical Textile Market By End Use
12.3.2.5 Poland
12.3.2.5.1 Poland Technical Textile Market By Raw Material
12.3.2.5.2 Poland Technical Textile Market By Manufacturing
12.3.2.5.3 Poland Technical Textile Market By End Use
12.3.2.6 Romania
12.3.2.6.1 Romania Technical Textile Market By Raw Material
12.3.2.6.2 Romania Technical Textile Market By Manufacturing
12.3.2.6.4 Romania Technical Textile Market By End Use
12.3.2.7 Hungary
12.3.2.7.1 Hungary Technical Textile Market By Raw Material
12.3.2.7.2 Hungary Technical Textile Market By Manufacturing
12.3.2.7.3 Hungary Technical Textile Market By End Use
12.3.2.8 Turkey
12.3.2.8.1 Turkey Technical Textile Market By Raw Material
12.3.2.8.2 Turkey Technical Textile Market By Manufacturing
12.3.2.8.3 Turkey Technical Textile Market By End Use
12.3.2.9 Rest of Eastern Europe
12.3.2.9.1 Rest of Eastern Europe Technical Textile Market By Raw Material
12.3.2.9.2 Rest of Eastern Europe Technical Textile Market By Manufacturing
12.3.2.9.3 Rest of Eastern Europe Technical Textile Market By End Use
12.3.3 Western Europe
12.3.3.1 Western Europe Technical Textile Market by Country
12.3.3.2 Western Europe Technical Textile Market By Raw Material
12.3.3.3 Western Europe Technical Textile Market By Manufacturing
12.3.3.4 Western Europe Technical Textile Market By End Use
12.3.3.5 Germany
12.3.3.5.1 Germany Technical Textile Market By Raw Material
12.3.3.5.2 Germany Technical Textile Market By Manufacturing
12.3.3.5.3 Germany Technical Textile Market By End Use
12.3.3.6 France
12.3.3.6.1 France Technical Textile Market By Raw Material
12.3.3.6.2 France Technical Textile Market By Manufacturing
12.3.3.6.3 France Technical Textile Market By End Use
12.3.3.7 UK
12.3.3.7.1 UK Technical Textile Market By Raw Material
12.3.3.7.2 UK Technical Textile Market By Manufacturing
12.3.3.7.3 UK Technical Textile Market By End Use
12.3.3.8 Italy
12.3.3.8.1 Italy Technical Textile Market By Raw Material
12.3.3.8.2 Italy Technical Textile Market By Manufacturing
12.3.3.8.3 Italy Technical Textile Market By End Use
12.3.3.9 Spain
12.3.3.9.1 Spain Technical Textile Market By Raw Material
12.3.3.9.2 Spain Technical Textile Market By Manufacturing
12.3.3.9.3 Spain Technical Textile Market By End Use
12.3.3.10 Netherlands
12.3.3.10.1 Netherlands Technical Textile Market By Raw Material
12.3.3.10.2 Netherlands Technical Textile Market By Manufacturing
12.3.3.10.3 Netherlands Technical Textile Market By End Use
12.3.3.11 Switzerland
12.3.3.11.1 Switzerland Technical Textile Market By Raw Material
12.3.3.11.2 Switzerland Technical Textile Market By Manufacturing
12.3.3.11.3 Switzerland Technical Textile Market By End Use
12.3.3.1.12 Austria
12.3.3.12.1 Austria Technical Textile Market By Raw Material
12.3.3.12.2 Austria Technical Textile Market By Manufacturing
12.3.3.12.3 Austria Technical Textile Market By End Use
12.3.3.13 Rest of Western Europe
12.3.3.13.1 Rest of Western Europe Technical Textile Market By Raw Material
12.3.3.13.2 Rest of Western Europe Technical Textile Market By Manufacturing
12.3.3.13.3 Rest of Western Europe Technical Textile Market By End Use
12.4 Asia-Pacific
12.4.1 Trend Analysis
12.4.2 Asia-Pacific Technical Textile Market by Country
12.4.3 Asia-Pacific Technical Textile Market By Raw Material
12.4.4 Asia-Pacific Technical Textile Market By Manufacturing
12.4.5 Asia-Pacific Technical Textile Market By End Use
12.4.6 China
12.4.6.1 China Technical Textile Market By Raw Material
12.4.6.2 China Technical Textile Market By Manufacturing
12.4.6.3 China Technical Textile Market By End Use
12.4.7 India
12.4.7.1 India Technical Textile Market By Raw Material
12.4.7.2 India Technical Textile Market By Manufacturing
12.4.7.3 India Technical Textile Market By End Use
12.4.8 Japan
12.4.8.1 Japan Technical Textile Market By Raw Material
12.4.8.2 Japan Technical Textile Market By Manufacturing
12.4.8.3 Japan Technical Textile Market By End Use
12.4.9 South Korea
12.4.9.1 South Korea Technical Textile Market By Raw Material
12.4.9.2 South Korea Technical Textile Market By Manufacturing
12.4.9.3 South Korea Technical Textile Market By End Use
12.4.10 Vietnam
12.4.10.1 Vietnam Technical Textile Market By Raw Material
12.4.10.2 Vietnam Technical Textile Market By Manufacturing
12.4.10.3 Vietnam Technical Textile Market By End Use
12.4.11 Singapore
12.4.11.1 Singapore Technical Textile Market By Raw Material
12.4.11.2 Singapore Technical Textile Market By Manufacturing
12.4.11.3 Singapore Technical Textile Market By End Use
12.4.12 Australia
12.4.12.1 Australia Technical Textile Market By Raw Material
12.4.12.2 Australia Technical Textile Market By Manufacturing
12.4.12.3 Australia Technical Textile Market By End Use
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Technical Textile Market By Raw Material
12.4.13.2 Rest of Asia-Pacific Technical Textile Market By Manufacturing
12.4.13.3 Rest of Asia-Pacific Technical Textile Market By End Use
12.5 Middle East & Africa
12.5.1 Trend Analysis
12.5.2 Middle East
12.5.2.1 Middle East Technical Textile Market by Country
12.5.2.2 Middle East Technical Textile Market By Raw Material
12.5.2.3 Middle East Technical Textile Market By Manufacturing
12.5.2.4 Middle East Technical Textile Market By End Use
12.5.2.5 UAE
12.5.2.5.1 UAE Technical Textile Market By Raw Material
12.5.2.5.2 UAE Technical Textile Market By Manufacturing
12.5.2.5.3 UAE Technical Textile Market By End Use
12.5.2.6 Egypt
12.5.2.6.1 Egypt Technical Textile Market By Raw Material
12.5.2.6.2 Egypt Technical Textile Market By Manufacturing
12.5.2.6.3 Egypt Technical Textile Market By End Use
12.5.2.7 Saudi Arabia
12.5.2.7.1 Saudi Arabia Technical Textile Market By Raw Material
12.5.2.7.2 Saudi Arabia Technical Textile Market By Manufacturing
12.5.2.7.3 Saudi Arabia Technical Textile Market By End Use
12.5.2.8 Qatar
12.5.2.8.1 Qatar Technical Textile Market By Raw Material
12.5.2.8.2 Qatar Technical Textile Market By Manufacturing
12.5.2.8.3 Qatar Technical Textile Market By End Use
12.5.2.9 Rest of Middle East
12.5.2.9.1 Rest of Middle East Technical Textile Market By Raw Material
12.5.2.9.2 Rest of Middle East Technical Textile Market By Manufacturing
12.5.2.9.3 Rest of Middle East Technical Textile Market By End Use
12.5.3 Africa
12.5.3.1 Africa Technical Textile Market by Country
12.5.3.2 Africa Technical Textile Market By Raw Material
12.5.3.3 Africa Technical Textile Market By Manufacturing
12.5.3.4 Africa Technical Textile Market By End Use
12.5.3.5 Nigeria
12.5.3.5.1 Nigeria Technical Textile Market By Raw Material
12.5.3.5.2 Nigeria Technical Textile Market By Manufacturing
12.5.3.5.3 Nigeria Technical Textile Market By End Use
12.5.3.6 South Africa
12.5.3.6.1 South Africa Technical Textile Market By Raw Material
12.5.3.6.2 South Africa Technical Textile Market By Manufacturing
12.5.3.6.3 South Africa Technical Textile Market By End Use
12.5.3.7 Rest of Africa
12.5.3.7.1 Rest of Africa Technical Textile Market By Raw Material
12.5.3.7.2 Rest of Africa Technical Textile Market By Manufacturing
12.5.3.7.3 Rest of Africa Technical Textile Market By End Use
12.6 Latin America
12.6.1 Trend Analysis
12.6.2 Latin America Technical Textile Market by country
12.6.3 Latin America Technical Textile Market By Raw Material
12.6.4 Latin America Technical Textile Market By Manufacturing
12.6.5 Latin America Technical Textile Market By End Use
12.6.6 Brazil
12.6.6.1 Brazil Technical Textile Market By Raw Material
12.6.6.2 Brazil Technical Textile Market By Manufacturing
12.6.6.3 Brazil Technical Textile Market By End Use
12.6.7 Argentina
12.6.7.1 Argentina Technical Textile Market By Raw Material
12.6.7.2 Argentina Technical Textile Market By Manufacturing
12.6.7.3 Argentina Technical Textile Market By End Use
12.6.8 Colombia
12.6.8.1 Colombia Technical Textile Market By Raw Material
12.6.8.2 Colombia Technical Textile Market By Manufacturing
12.6.8.3 Colombia Technical Textile Market By End Use
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Technical Textile Market By Raw Material
12.6.9.2 Rest of Latin America Technical Textile Market By Manufacturing
12.6.9.3 Rest of Latin America Technical Textile Market By End Use
13. Company Profiles
13.1 Toray Industries Inc
13.1.1 Company Overview
13.1.2 Financial
13.1.3 Products/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Low & Bonar PLC
13.2.1 Company Overview
13.2.2 Financial
13.2.3 Products/ Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Kimberly-Clark Corp
13.3.1 Company Overview
13.3.2 Financial
13.3.3 Products/ Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Freudenberg Group
13.4.1 Company Overview
13.4.2 Financial
13.4.3 Products/ Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Huntsman International LLC
13.5.1 Company Overview
13.5.2 Financial
13.5.3 Products/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Ahlstrom-Munksjo
13.6.1 Company Overview
13.6.2 Financial
13.6.3 Products/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Mitsui Chemicals Inc
13.7.1 Company Overview
13.7.2 Financial
13.7.3 Products/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Berry Global Group Inc
13.8.1 Company Overview
13.8.2 Financial
13.8.3 Products/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Asahi Kasei Advance Corp
13.9.1 Company Overview
13.9.2 Financial
13.9.3 Products/ Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Milliken & Company
13.10.1 Company Overview
13.10.2 Financial
13.10.3 Products/ Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. Use Case and Best Practices
16. Conclusion
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