What Transformation Has the Contract Textile Market Undergone?
The contract textile market has seen considerable growth due to a variety of factors.
• There has been a significant expansion in the contract textile market in the past few years. The industry size, which is anticipated to surge from $5.58 billion in 2024 to $5.96 billion in 2025, is expected to see a compound annual growth rate (CAGR) of 6.8%.
This historic expansion can be associated with a rise in commercial building and refurbishment, growth in the hospitality and tourism sector, an enhanced focus on interior design aesthetics, stringent durability and performance expectations, and emphasis on environmental conservation.
How Will The Contract Textile Market Size Evolve In The Foreseeable Future?
The contract textile market is expected to maintain its strong growth trajectory in upcoming years.
• The projected size of the contract textile market is set to witness significant expansion in the coming years, reaching $8.04 billion in 2029 with a CAGR of 7.8%.
The surge during the projected period is due to the rising popularity of sustainable and eco-friendly textiles, technologically integrated smart textiles, digital fabric imprinting, and considerations pertaining to health and safety. Some key trends anticipated in this period encompass the incorporation of technology in textiles, alterations in workplace design, advanced textiles with intelligent capabilities, digitalized textile printing, and the launch of environmentally friendly textiles.
Which Key Drivers Are Propelling The Contract Textile Market's Growth?
The contract textiles market is being fuelled by the escalation in online shopping. This sort of e-commerce facilitates transactions between buyers and sellers over the internet through a web browser or mobile application. The COVID-19 pandemic has triggered a vast increase in online shopping as movement restrictions have pushed people away from conventional, in-person shopping. As a result, there's been a heightened awareness about various textile types, including contract textiles. For example, the US Census Bureau, a government agency based in the US, reported that e-commerce estimates for the second quarter of 2023 marked a 7.5% (or 1.4%) rise from the second quarter of the previous year, while general retail sales grew by 0.6% (or 0.4%). In the same quarter, 15.4% of total sales were conducted through online platforms. Thus, the surge in online shopping is potentially a driving force for the expansion of the contract textile market.
What Are The Key Segments Within The Global Contract Textile Market?
The contract textile market covered in this report is segmented –
1) By Product: Type A, Type B, Type C
2) By End User: Office Spaces, Public Buildings, Healthcare, Hotels, Restaurants, and Cafes (HORECA)
Subsegments:
1) By Type A: Upholstery Fabrics, Drapery Fabrics, Specialty Fabrics
2) By Type B: Outdoor Fabrics, Performance Fabrics, Industrial Textiles
3) By Type C: Healthcare Textiles, Hospitality Textiles, Transportation Textiles
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How Are New Trends Impacting The Size Of The Contract Textile Market?
The escalation of product advancements is rapidly gaining traction and becoming a paramount trend in the contract textile market. Concepts like Celliant Fiber are increasingly in demand in this market. Celliant fiber, equipped with patented infrared fiber technology, promotes cell oxygenation and localized circulation, leading to enhanced performance, recovery, and sleep. For example, In recent news, Crypton Companies continue to push forward their inventive Crypton CELLIANT fabric, which was co-created with Hologenix LLC, the inventors of Celliant infrared technology. This fabric is the first upholstered material to integrate Celliant, transforming body heat into infrared energy. This provides various health advantages such as bettering circulation, increasing energy, and quicker recovery. When an individual sits on a chair draped with Celliant, the minerals within the fabric soak up the body's emitted heat. Therefore, it temporarily heightens local blood flow in the cellular tissue, thereby enhancing performance and recovery.
Who Are the Key Players in the Contract Textile Market?
Major companies operating in the contract textile market include:
• Agua Fabrics
• Beaulieu International Group
• Camira Fabrics Ltd.
• DELIUS GmbH & Co. KG.
• Panaz
• Sunbury Design
• Maharam Fabric Corporation
• Paramount Textile Mills (P) Ltd
• CTL LEATHER
• C.F. STINSON LLC
• ARC-COM
• ARCHITEX
• Haworth Inc.
• Kimball International
• Teknion
• HNI Corporation
• KI (Krueger International)
• Fil Doux Textiles
• Anzea Textiles
• Designtex
• Carnegie Fabrics
• Ultrafabrics LLC
• Burch Fabrics Group
• Kravet Inc.
• Duralee
• Mayer Fabrics
• Knoll Textiles
• Guilford of Maine
• Momentum Group
What are the Regional Insights into the Contract Textile Market?
Asia-Pacific was the largest region in the contract textile market in 2024. The regions covered in the contract textile market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
