Enjoy complimentary customisation on priority with our Enterprise License!
The Europe technical textiles market size is forecast to increase by USD 8.9 billion, at a CAGR of 4.56% between 2023 and 2028.
Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
Request Free Sample
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The mobiltech segment is estimated to witness significant growth during the forecast period.
Technical textiles, a segment of the textile industry, encompass various fabric types engineered for specific functions and applications. These include anti-static fabrics, tear-resistant textiles, and those with enhanced flame resistance and water repellency. Textile manufacturing incorporates advanced technology to produce high-performance textiles, such as abrasion-resistant and cut-resistant fabrics, nonwovens, and smart textiles. ISO standards ensure quality and safety in textile production and application. Textile trends lean towards sustainability, with an increased focus on recycled textiles and the circular economy. Industrial textiles, including filter fabrics and surgical textiles, are integral to various sectors. Textile testing and certification are crucial for ensuring product compliance and performance.
Polyester and nylon fabrics, along with aramid and other technical fabrics, are commonly used due to their strength and durability. Textile machinery, including spinning machines, plays a significant role in textile production. UV protective fabrics and textile coatings are essential for various applications, such as home furnishings and protective clothing. Medical textiles and textile finishing are essential components of the textile industry, catering to diverse needs. Woven and knitted fabrics, each with unique properties, are used extensively in textile applications. Overall, the textile industry continues to innovate, with a focus on enhancing textile performance, durability, and sustainability.
The Mobiltech segment was valued at USD 7.50 billion in 2018 and showed a gradual increase during the forecast period.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, market forecast partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The European textile market continues to evolve, driven by advancements in technology and shifting consumer preferences. Textile manufacturing innovations, such as those in anti-static fabrics and tear resistance, are shaping the industry's future. ISO standards play a crucial role in ensuring textile performance, with high-performance textiles, including abrasion resistant and cut resistant fabrics, gaining significant traction. Nonwoven fabrics and woven fabrics are finding applications across various sectors, from home textile furnishings and textile design to industrial textiles and protective clothing. Textile trends reflect a growing focus on sustainability, with an emphasis on recycled textiles and textile sustainability. Textile testing and certification are increasingly important, as is the development of smart textiles and wearable technology.
Flame resistance and flame retardant fabrics, as well as UV protective fabrics, continue to be in demand. Textile innovation is at the forefront of industry developments, with aramid fabrics and technical fabrics leading the way. Spinning machines and textile machinery are being optimized for greater efficiency and productivity. Water repellent fabrics and water resistance are also key areas of focus, as are textile applications in sectors such as medical textiles and filter fabrics. The textile market's continuous dynamism is evident in its ongoing unfolding, with new trends, applications, and standards emerging regularly. Textile trends reflect a growing emphasis on sustainability, innovation, and performance, with textile manufacturing evolving to meet these demands.
The circular economy is a significant influence, driving the development of textile recycling and textile recycling technologies. The future of the European textile market is bright, with endless possibilities for growth and innovation.
Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Technical Textiles Market in Europe insights. See full methodology.
|
Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
167 |
|
Base year |
2023 |
|
Historic period |
2018-2022 |
|
Forecast period |
2024-2028 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 4.56% |
|
Market growth 2024-2028 |
USD 8.9 billion |
|
Market structure |
Fragmented |
|
YoY growth 2023-2024(%) |
4.21 |
|
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
We can help! Our analysts can customize this market research report to meet your requirements Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Get the report (PDF) sent to your email within minutes.
Complimentary full Excel data with your report purchase.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
