The global textile fiber market is expected to experience steady growth mainly due to the ever increasing demand for clothing as a basic necessity around the world. Textile fabrics are used in a number of end user industries including apparel, automotive, medicine, event management, pharmaceuticals, and consumer goods and devices. They are mainly of two types – natural and synthetic. Natural fibers are derived from animals, plants and other geological sources. They are generally biodegradable and recyclable. Their demand is expected to remain high in clothing, home textiles and other industries throughout the forecast period.
This research report meticulously studies current and historical data to estimate future trends in the global textile fibers market. It performs a segmentation analysis based on various criteria including geography and raw materials. Each segment is methodically examined in terms of turnover and volume. The report provides information on several critical aspects of the market such as its dynamics, key ongoing trends and competitive landscape. It presents the key players operating in the global Textile Fibers market along with their business strategies, latest developments, market share, and revenue structures. To bring this study together, a number of press releases, presentations, paid databases, journals and white papers were consulted.
Global textile fibers market: drivers and constraints
Globalization plays an essential role in the growth of the world textile fibers market. Growing volumes of world trade create a growing need for textile fibers. The rapid growth of fashion and other end user industries around the world is giving the market a boost. In addition, the increase in the world population plays in favor of the growth of the market. To take advantage of the immense market potential, various companies are investing in Asia-Pacific to explore the untapped region. However, the fluctuating prices of raw materials have a cascading effect on the cost of textile fibers, which in turn negatively affects the growth of the market. In addition, the strict environmental regulations associated with the production of synthetic fibers are hampering the growth of the overall market.
Global textile fibers market: geographic segmentation
The report takes a close look at the major regional markets, namely North America, Europe, Asia-Pacific and the rest of the world. Asia-Pacific is expected to occupy a leading position in the global textile fibers market during the forecast period. The radical shift of production activities from developed countries to developing countries with cheap labor contributes to the growth of the region. In addition, increasing foreign direct investment and rapid population growth are propelling the market in the region. China will be a major contributor to the growth of the Asia-Pacific region. The production and domestic demand for textile fibers are very strong in the country. India and Japan will also complement the region’s growth due to the robust growth of various end user industries. Europe and North America will collectively represent a significant market share. The recovery of these regions after the economic downturn increases the overall market.
Companies mentioned in the report:
The global textile fiber market is a highly fragmented and competitive arena. The expansion of the production capacities of local players should intensify competition in the market. Several players are focusing on the development of high quality and advanced fibers in order to consolidate their position in the market. Some of the major players in the global textile fibers market are Asahi Kasei Fibers Corporation, Honeywell Spectra (Honeywell International Inc), INVISTA, Rhodia Polyamide and Sinopec Yizheng Chemical Fiber Co. Ltd.
The main regions analyzed as part of this research report are:
Overview of the main market forces that propel and restrain the growth of the market
Up-to-date analyzes of market trends and technological improvements
Accurate analyzes of the competitive dynamics of the market to give you a competitive advantage
An analysis of the strategies of the main competitors
An array of SWOT charts and analyzes of major industry segments
Detailed analyzes of industry trends
A well-defined technological growth map with an impact analysis
Offers a clear understanding of the competitive landscape and key product segments
This study is a comprehensive framework of market dynamics. It primarily includes a critical assessment of consumer or customer journeys, current and emerging leads, and a strategic framework for enabling CXOs to make effective decisions.
Our key foundation is the 4-quadrant EIRS framework which offers detailed visualization of four elements:
Customer EExperience cards
Idata-driven research insights and tools
Actionable Rresults to meet all business priorities
SStrategic frameworks to stimulate the growth path
The study endeavors to assess the current and future growth prospects, untapped avenues, factors shaping their income potential, and demand and consumption patterns in the global market by dividing them into a regional assessment.
The following regional segments are comprehensively covered: