Wednesday, April 24, 2024
HomeNews & ViewsBusiness FocusThe global textile industry is expected to Grow in terms of revenue

The global textile industry is expected to Grow in terms of revenue

grow-in-revenueThe increase in manufacturing of protective equipment for workers is encouraging use of fiber products like nylon. The global textile industry is expected to grow in terms of revenue in the coming years. In addition, innovative technologies for the development of upholstery products obtained from coated fabrics are estimated to increase the market size. Floor furnishings, healthcare and medicinal products and home furnishing products are the trending segments in the market. On the basis of product, the textile market is divided into polyester, natural fibers, nylon and more. Based on raw materials, the market is divided into chemical, silk, wool, cotton and more. Considering application, the market is divided into technical, household, clothing and fashion and much more. North America is the region projected to experience the maximum growth in the coming years. Growth of the textile market will mean the rapid growth of the textile chemical market because of the increase in demand for fabric coatings, pre-treatment of textiles and dyeing.



Please enter your comment!
Please enter your name here

- Exhibition - spot_img
- Industry Associate - spot_img

Upcoming Events

Simillar News

Recent Random

Butex delegation in Germany

Under the HELD-BUTEX project, a delegation of 7 members of Butex is staying in Germany to sign an MoU with Hoff University of Applied...

Successful collaboration: Groz-Beckert and Santoni develop innovative INNOTAS knitting system

In recent years, Italian circular knitting machine manufacturer Santoni (part of the Lonati Group) and Groz-Beckert have worked together to develop a new self-cleaning...

Designing for Circularity” Panel Discussion Comes to Functional Fabric Fair in Portland

Hosted by Formidable Media, Designing for Circularity will tap experts from across industries to inform and inspire the next generation of designers Quickly becoming the...