Global Technical Textile Market Size By Product Type (Agrotech, Buildtech, Clothtech, Geotechnical Textiles, Hometech, Meditech,Packtech, Protech, Sportech, Oekotech), By Fiber Type (Natural, Synthetic), By Geographic Scope and Forecast
Report ID: 10380|No. of Pages: 202
Global Technical Textile Market Size By Product Type (Agrotech, Buildtech, Clothtech, Geotechnical Textiles, Hometech, Meditech,Packtech, Protech, Sportech, Oekotech), By Fiber Type (Natural, Synthetic), By Geographic Scope and Forecast
Technical Textile Market Size And Forecast
Global Technical Textile Market size was valued at USD 221.7 Billion in 2024 and is projected to reach USD 333.08 Billion by 2031, growing at a CAGR of 5.22% from 2024 to 2031.
- Technical textiles are customized fabrics with specific performance qualities and applications that go beyond the usual usage of clothing.
- They find uses in a variety of industries, including automotive, construction, healthcare, agriculture, and sports, where they improve functionality through features like as strength, durability, and resistance to environmental variables.
- The future of technical textiles looks positive, thanks to technological breakthroughs, rising demand for sustainable materials, and innovations in smart textiles that can incorporate sensors and responsive features, further broadening its application potential.
Technical Textile Market Dynamics
The key market dynamics that are shaping the technical textile market include:
Key Market Drivers:
- Growing Demand from the Automotive Industry: The car industry is progressively using technological textiles for interior fabrics, seat coverings, and reinforcing materials. According to a European Automobile Manufacturers Association (ACEA) estimate, the global automotive market is expected to exceed 108 million units by 2025, increasing demand for lightweight and durable materials, which benefits the technical textile industry.
- Expansion of the Healthcare Sector: The increasing demand for advanced medical textiles, such as surgical gowns, wound dressings, and implanted devices, is a major driver. The World Health Organization (WHO) predicts that the global healthcare market would surpass USD 8.3 Trillion by 2025. This expansion will raise demand for novel technical fabrics that meet demanding cleanliness and performance requirements.
- Increasing Focus on Sustainability: In the textile sector, there is a rising emphasis on environmentally friendly products and practices. According to the Textile Exchange’s 2021 study, the worldwide market for sustainable textiles is estimated to be USD 3.6 Trillion by 2030. This trend encourages producers to invest in technological fabrics created from recycled and biodegradable materials, resulting in market development.
- Advancements in Technology: The technical textile market is growing due to technological breakthroughs such as smart textiles and wearable technology. The International Data Corporation (IDC) anticipates that the global market for wearable gadgets would be worth USD 351 Billion by 2025. This boom in demand for smart textiles, which combine sensors and electronics, is causing a greater emphasis on technical textiles that can provide improved functionality and performance.
Key Challenges:
- Innovation and R&D costs: Developing sophisticated technical textiles frequently necessitates significant expenditure in research and development. Companies must constantly innovate to develop materials that meet certain performance requirements, which can be costly and time-consuming. High R&D expenses can impede entry for smaller firms and strain established companies’ resources, compromising their capacity to compete in a rapidly changing market.
- Regulatory Compliance: The technical textile business is subject to strict rules governing safety, environmental effect, and performance standards. Different regions’ standards may vary, complicating compliance efforts. Navigating regulatory environments can result in higher operational expenses and product launch delays, limiting market growth and innovation.
- Sustainability Concerns: As environmental concerns grow, so does the demand for sustainable and environmentally friendly products. The technical textile sector is under pressure to provide goods with little environmental impact. Meeting sustainability targets may necessitate significant modifications in production methods and materials, resulting in increased costs and possibly supply chain disruptions.
Key Trends:
- Sustainability & Environmentally Friendly Materials: There is an increasing demand for sustainable textiles created from biodegradable or recycled materials. Manufacturers are working to reduce the environmental impact of their products through novel sourcing and manufacturing procedures. This trend encourages investment in green technologies and the development of eco-friendly alternatives, appealing to environmentally concerned consumers and businesses.
- Smart Textiles and Wearable Technology: The incorporation of technology into textiles is increasing, resulting in the development of smart textiles capable of monitoring health, improving performance, and responding to environmental changes. Textiles with embedded sensors or conductive strands are good examples. This development opens up new markets in healthcare, sports, and military applications, providing improved functionality and opportunity for innovation.
- Growth in Protective Textiles: The demand for protective textiles is rising, particularly in industries such as healthcare, construction, and defense. These fabrics are intended to provide protection from hazardous contaminants, extreme weather, and physical trauma. As safety rules tighten and workers become more conscious of workplace hazards, the market for protective textiles rises, pushing innovation in materials and design.
- Advances in Manufacturing Technology: Manufacturing innovations, including as 3D knitting, laser cutting, and automated production procedures, are transforming the technical textile business. These innovations provide increased customization, efficiency, and production speed. Improved production capabilities allow businesses to respond faster to market demands and construct sophisticated textile structures that were previously difficult to manufacture.
Global Technical Textile Market Regional Analysis
Here is a more detailed regional analysis of the global technical textile market:
North America:
- North America continues to dominate the worldwide technical textile industry, owing to a strong industrial base and large R&D investments. The presence of major businesses like DuPont and 3M has fueled research in sophisticated materials. Recent government initiatives, such as the US Department of Defense’s financing for high-performance textiles, highlight the significance of technical textiles in defense and medical applications, thereby improving national security and healthcare capabilities.
- The North American technical textile market was estimated to be worth USD 30 Billion in 2023, with a compound annual growth rate (CAGR) of around 5% over the next five years. This expansion is fueled by rising demand in industries such as automotive and healthcare, reflecting a broader trend toward improved material performance and sustainability in manufacturing.
Asia Pacific:
- The Asia Pacific area is the fastest-growing market for technical textiles, driven by rapid industrialization and rising demand in a variety of industries, including automotive, construction, and agriculture. To address regional demand, companies such as Toray Industries and Asahi Kasei are actively investing in innovative textile solutions, improving production capabilities and increasing product portfolios.
- Government programs, such as India’s “Make in India” program, seek to stimulate the manufacturing sector, especially technical textiles, by attracting international investment and encouraging domestic production. Statistically, the Asia Pacific technical textile market is expected to increase from roughly USD 25 Billion in 2023 to more than USD 40 Billion by 2028, with a CAGR of around 10%, indicating its substantial growth potential in the worldwide scene.
Global Technical Textile Market: Segmentation Analysis
The Global Technical Textile Market is segmented on the basis of By Product Type, By Fiber Type, and Geography.
Global Technical Textile Market, By Product Type
- Agrotech
- Buildtech
- Clothtech
- Geotechnical Textiles
- Hometech
- Meditech
- Packtech
- Protech
- Sportech
- Oekotech
Based on Product Type, the Global Technical Textile Market is segmented into Agrotech, Buildtech, Clothtech, Geotechnical Textiles, Hometech, Meditech,Packtech, Protech, Sportech, Oekotech. Meditech is currently the dominant segment, owing to improvements in healthcare and medical applications. In contrast, Sportech is the fastest-growing segment, driven by rising demand for high-performance clothing and equipment.
Global Technical Textile Market, By Fiber Type
- Natural
- Synthetic
Based on Fiber Type, the Global Technical Textile Market is segmented into Natural, Synthetic. The synthetic fiber segment dominates because of its superior qualities such as durability and moisture resistance. Meanwhile, the natural fiber market is expanding at the highest rate, owing to rising consumer demand for sustainable and environmentally friendly materials.
Global Technical Textile Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the World
Based on the Geography, the Global Technical Textile Market are classified into North America, Europe, Asia Pacific, and Rest of World. North America dominates, owing to its strong industrial foundation and technological innovation. However, the Asia Pacific area is the fastest-growing, driven by increased industrialization and rising demand for technical textiles in a variety of industries.
Key Players
The “Global Technical Textile Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Asahi Kasei Corporation, Berry Global Group, DuPont de Nemours, Inc., Freudenberg Group, Kimberly-Clark Corporation, Mitsui Chemicals, Inc., Ahlstrom-Munksjo (Finland), Huntsman International LLC, Koninklijke Ten Cate, Low & Bonar PLC, Milliken & Company, SRF Limited, Johns Manville.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Global Technical Textile Market: Recent Developments
- In April 2024, The Indian government launched a new initiative to promote technological textiles, emphasizing research, innovation, and talent development. This effort intends to stimulate domestic demand, increase exports, and establish India as a global powerhouse for technical textile manufacture.
- In March 2024, Gore Fabrics introduced a revolutionary GORE-TEX® technology that improves outdoor gear breathability and waterproofing. This breakthrough is expected to set new norms for performance fabrics, catering to the growing outdoor and sports markets.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2021-2031 |
| BASE YEAR | 2024 |
| FORECAST PERIOD | 2024-2031 |
| HISTORICAL PERIOD | 2021-2023 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED | Asahi Kasei Corporation, Berry Global Group, DuPont de Nemours, Inc., Freudenberg Group, Kimberly-Clark Corporation, Mitsui Chemicals, Inc., Ahlstrom-Munksjo (Finland), Huntsman International LLC, Koninklijke Ten Cate, Low & Bonar PLC, Milliken & Company, SRF Limited, Johns Manville. |
| SEGMENTS COVERED | By Product Type, By Fiber Type, and By Geography |
| CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Verified Market Research:
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
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Frequently Asked Questions
1. Introduction
• Market Definition
• Market Segmentation
• Research Methodology
2. Executive Summary
• Key Findings
• Market Overview
• Market Highlights
3. Market Overview
• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter’s Five Forces Analysis
4. Technical Textile Market, By Product Type
• Agrotech
• Buildtech
• Clothtech
• Geotechnical textiles
• Hometech
• Meditech
• Packtech
• Protech
• Sportech
• Oekotech
5. Technical Textile Market, By Fiber Type
• Natural Fibers
• Synthetic Fibers
6. Regional Analysis
• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• Germany
• France
• Italy
• Asia-Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Argentina
• Chile
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE
7. Market Dynamics
• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market
8. Competitive Landscape
• Key Players
• Market Share Analysis
9. Company Profiles
• Asahi Kasei Corporation
• Berry Global Group, Inc.
• DuPont de Nemours, Inc.
• Freudenberg Group
• Kimberly-Clark Corporation
• Mitsui Chemicals, Inc.
• Ahlstrom-Munksjo (Finland)
• Huntsman International LLC
• Koninklijke Ten Cate
• Low & Bonar PLC
• Milliken & Company
• SRF Limited
• Johns Manville
10. Market Outlook and Opportunities
• Emerging Technologies
• Future Market Trends
• Investment Opportunities
11. Appendix
• List of Abbreviations
• Sources and References
Report Research Methodology
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Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
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Data Collection Matrix
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Econometrics and data visualization model
Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
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The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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