DUBLIN, Feb 27, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the
"Textiles Market 2014 - 2025" report to their offering.
The global textile market is expected to reach approximately
USD 1,237.1 billion by 2025. Rising
disposable income, urbanization and population growth in emerging
economies including China,
India and Mexico is expected to play an importance role
in improving the lifestyle of consumers which is expected to drive
the demand for textile products.
Product innovation is expected to have a positive impact on the
industry; for instance, the Runway of Dreams brand launched by
apparel manufacturer Tommy Hilfiger
in February 2016. Furthermore, a
growing number of fashion retail outlets and supermarkets in
developing economies, including China and India, owing to government support to promote
investments is expected to increase the textiles demand in the near
future.
Transportation is anticipated to foresee revenue growth at a CAGR
of 3.4% from 2016 to 2025. The enactment of numerous passenger
safety regulations, including Euro VI petrol and diesel standard
norms that regulate heavy-duty and light-duty vehicles, are
expected to increase the usage of fabrics in automotive filters
over the next nine years.
The Middle East & Africa (MEA) is expected to witness volume
growth at a CAGR of 3.6% from a period of 2016 to 2025. The rising
expenditure by Islamic clothing manufacturers to incorporate new
hijab styles in apparels is projected to increase the product usage
over the next nine years.
There is an increasing importance of EHS systems in the
manufacturing sector, owing to stringent regulations aimed at
worker safety and reporting incidents in offshore industries,
including oil & gas, which is expected to increase the demand
for personal protective equipment (PPE). The trend mentioned above
is projected to play a vital role in increasing the market
penetration of textiles in the form of technical fabrics in PPE
over the forecast period.
Polyester held a market volume share of 28.2% in 2015 and is
expected to witness growth over the forecast period due to its
superior properties including lightweight and excellent resistance
to shrinking. Polyester is often used in combination with other
fibers such as cotton as the blend offers properties superseding
either of the materials.
Companies Profiled:
- Shandong Jining
- INVISTA
- Honeywell International
- Asahi Kasei Fibers Corporation
Key Topics Covered:
1. Methodology and Scope
2. Executive Summary
3. Textiles Market Variables, Trends & Scope
4. Textiles Market: Raw Material Estimates & Trend Analysis
5. Textiles Market: Product Estimates & Trend Analysis
6. Textiles Market: Application Estimates & Trend Analysis
7. Textiles Market: Regional Estimates & Trend Analysis
8. Competitive Landscape
For more information about this report visit
http://www.researchandmarkets.com/research/vgnc3m/textiles_market
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Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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