KEY MARKET INSIGHTS

The Global Industrial Fabric Market was valued at USD 18.1 billion in 2021. The market is projected to grow USD 29.4 billion in 2030, at a CAGR of 4.4%. Industrial Fabrics are durable cotton twill fabric, resulting in the recognizable diagonal ribbing seen on the reverse of the fabrics. Industrial Fabrics used to make jeans, jackets, shorts, jeggings, and other garments and accessories in the apparel sector It's a robust fabric with diagonal denim ribbing created by weft and warp weaving processes. Denim fabric's resilience comes from the twill weave, which allows it to withstand a lot of friction before breaking down. The other fibers such as polyester or spandex, are periodically added in small amounts to provide the desired characteristics.
 

COVID-19 Analysis

The impact of Covid-19 had a negative impact on the global industrial fabric market owing to the supply chain disruptions for industrial fabric products. Furthermore, during the COVID-19 period, increased raw material prices, particularly cotton and cotton yarn reduced industrial fabric market. The COVID-19 pandemic prompted a global lockdown and the temporary closure of fabric production facilities, impacting the global industrial fabric market's overall growth. It further impacted the entire supply chain, causing raw material prices to surge, particularly for cotton and cotton yarn. This factor slowed the production of industrial fabric, particularly in the beginning. Furthermore, the decline from customer’s income had resulted in a decrease in demand for the global industrial fabric market.
 

LATEST TREND

Celebrity Endorsement & Teaming Up with Famous Influencers Marketing

Growing number of celebrity endorsement with the brands is likely to propel the growth of the global industrial fabric market. Collaborating with the influencers boos the sales of the industrial fabrics as they have expertise in the type of products they are promoting. In addition to that, influencers considered to be trustworthy and relevant due to their considered expertise in their respective niches. For instance, Ashley Graham proved to be golden for premium denim brand Rag & Bone. In February 2019, Pepe Jeans announced a new partnership with Dua Lipa as a brand ambassador.
 

DRIVING FACTORS

Collaboration with Village Industries will be Aiding the Industrial Fabric Market

Collaboration with the emerging local village industries will boost the sales of industrial fabric market. Denim fabric manufacturers are aiming to focus on the quality and supply expansion across the world. For instance, Arvind Limited has collaborated with village industries to cross sell their industrial fabrics to reach large customer reach.
 

Increasing Demand of Industrial Fabric Among Different Raw Materials

Rising online retail sector in turn increasing demand of industrial fabrics is fueling the growth of the global industrial fabric market. The increasing disposable income among the consumers and emergence of the western culture across the world. Cotton being the most used raw material in industrial fabric market as it is soft and provides immense comfortable feeling. Adding to that, polyester and spandex jeans is also emerging across the customers according to their use.
 

RESTRAINTS

Concerns Pertaining to Fluctuating Prices of Raw Materials Hindering the Market Growth

The cost of producing industrial fabric is quite high, and strongly fluctuating raw material costs is likely to hinder the market growth of the global industrial fabric market. Price fluctuation due to high mill consumption and money exchange can decrease the sales of the industrial fabric market. For instance, Kontoor Brands, the parent of Wrangler and Lee, has seen its stock fall 6 percent as investors worry over margin erosion.
 

SEGMENTATION

The global industrial fabric market is segmented by Fabric Type (Raw, Sanforized, Crushed, Stretch, Vintage, Selvedge, and Others), by Raw Material (Cotton, Spandex, Polyester, and Others), by End-Use (Clothing, Homeware, Accessories & Others) and Region. Based on the Fabric Type, the market is categorized into raw, sanforized, crushed, stretch, vintage, selvedge, and others. Based on Raw Material, the market is categorized into cotton, spandex, polyester, and others. Based on End-Use, the market is categorized into clothing, homeware, accessories & others. Based on the region, the market is categorized into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
 

By Fabric Type

Based on fabric type, it is categorized into raw, sanforized, crushed, stretch, vintage, selvedge, and others. The raw segment dominated the global industrial fabric market share owing to raw denim is also known as unwashed or dry denim. It has a lengthy lifespan, although the color fades with each wash. This fabric was used to manufacture garments for miners and laborers by Jacob Davis and Levi Strauss. The fabric is durable, adaptable, and appealing to people of all ages.
 

By Raw Material

Based on raw material, it is categorized into cotton, spandex, polyester, and others. The cotton segment dominated the global industrial fabric market share owing to cotton fabric has been used for apparel and home adornment since prehistoric times. It provides comfort and durability while also being less in weight. Cotton industrial fabric has dominated the industrial fabric industry because it is readily available, takes less time to produce, and comes in a wide range of colors.
 

By End-Use

Based on end-use, it is categorized into clothing, homeware, accessories & others. The homeware segment dominated the global industrial fabric market share owing to surging usage of the denim used in the homeware & décor applications. Denim upholstery is a lesser-known use for the fabric. Denim furniture may not be as popular as leather or microfiber, but population prefer it is comfortable feel & soft. The different furniture including sofas, loveseats, recliners, sectionals, and amongst others.
 

REGIONAL INSIGHTS

The global industrial fabric market is categorized into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
 

Asia Pacific region is expected to dominate the market share of global industrial fabric market owing to attributable to an increase in consumer’s disposable income in developing nations and individuals rising standards of living. The rising use of industrial fabric in the production of a wide range of denim products such as jeans, shirts, jackets, and other denim products is a major market trend in the global market. Cotton's widespread availability has fueled the region's industrial fabric market's expansion. Furthermore, preferential market access is a vital component boosting Bangladesh's textile sector, which has resulted in a huge increase in demand for industrial fabric. Due to steady economic growth and urbanization, China is likely to maintain its supremacy over the predicted period. Increased government investment in innovative textiles, growing taste for luxury brands, and changing lifestyles are likely to propel India's textile and clothing industry into double digit growth. However, Europe is expected to account highest CAGR across the forecast period due to the increase in the number of domestic players in end-use industries and steady technological advancements in these regions. In addition, rising investments in high-quality denim textiles for accessories are expected to boost the industrial fabric market forward. The growing residential construction with modern furniture and interior design and increasing investment on home décor is augmenting the growth of this region.
 

INDUSTRY PLAYERS

• Kontoor Brands, Inc.
• Advance Denim Co. Ltd.
• Arvind Limited
• Bextex
• Nandan Denim Ltd.
• Cone Denim LLC
• Ha-Meem Group
• KURABO INDUSTRIES LTD
• UNITIN-INDUSTRIAS MORERA S.A.
• KAIHARA DENIM
• Kuzgunlar
• Nasel Textile
• Kilim
• Artistic Denim Mills
• ISKO
• Modern Denim Ltd.
• Raymond UCO Denim Pvt. Ltd.
• Others

KEY INDUSTRY DEVELOPMENTS:

December 2021- Advance Denim has setup a production unit in in Nha Trang, Vietnam, named Advance Sico. It is this focused approach to sustainability that gave way to such innovations as Big Box dyeing, which saves up to 95 percent of the water used in conventional dyeing while using traditional liquid indigo.
 

October 2019- Bextex has invested USD 20 Mn to upgrade South Asia’s advanced washing plant for denims, garment dyeing and special finishing of woven and knits.
 

April 2019- Wrangler has collaborated with local cotton farmers and mount vernon mills expanding their customer base.
 

March 2019- Advance Denim collaborated with Denham, which is a jean manufacturer to expand their collection of stretch jeans.
 

LIST OF KEY COMPANIES PROFILED:

• Kontoor Brands, Inc.
• Advance Denim Co. Ltd.
• Arvind Limited
• Nandan Denim Ltd.
• Cone Denim LLC
• Ha-Meem Group
• UNITIN-INDUSTRIAS MORERA S.A.
• KAIHARA DENIM
• Kilim
• Artistic Denim Mills
• ISKO
• Mount Vernon Mills, Inc.
• Modern Denim Ltd.
• Nice Denim Mills Ltd (NDML)
• Raymond UCO Denim Pvt. Ltd.

SEGMENTATION

By Fabric Type

• Raw
• Sanforized
• Crushed
• Stretch
• Vintage
• Selvedge
• Others

By Raw Material

• Cotton
• Spandex
• Polyester
• Others

By End-Use

• Clothing
• Homeware
• Accessories
• Others

By Region

• North America- U.S., Mexico, Canada
• Europe- UK, France, Germany, Italy
• Asia-Pacific- China, Japan, India
• Latin America- Brazil, Argentina, Colombia
• The Middle East and Africa- United Arab Emirates, Saudi Arabia