Report ID: SQMIG25M2007
Report ID:
SQMIG25M2007 |
Region:
Global |
Published Date: April, 2024
Pages:
223
|
Tables:
129 |
Figures:
77
AsiaPacific dominated the global market. Due to the distinctive functional qualities that technical textile offers, such as hygienic and safety, cost effectiveness, durability, strength, lightweight, versatility, user-friendliness, logistical convenience and environmental sustainability, the use of the product is expanding in the automotive, geotextiles, agricultural, geotextiles, industrial/military, medical/healthcare, and construction industries. Over the course of the projection period, the demand for apparel and protective, industrial, and functional clothing is anticipated to increase. The expansion of China's residential, commercial, and industrial sectors together with supportive government policies for India's entire textile industry is anticipated to increase the market's growth possibilities. The goal of the Indian prime minister's active participation with the Cabinet Committee on Economic Affairs (CCEA) is to expand the domestic technical textile market.
Europe region is expected to show a high growth rate for the market during the forecast period owing to the product demand led by fashion clothing and household applications. Additionally, an increase in tourism, healthcare, and automotive activities is anticipated to significantly boost key end-use textile categories, supporting the market expansion.
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Report ID: SQMIG25M2007