How Has the Textile and Fabric Finishing and Fabric Coating Mills Market Size Evolved in Recent Years?
The textile and fabric finishing and fabric coating mills market has seen considerable growth due to a variety of factors.
• The rapid expansion of the textile and fabric finishing and fabric coating mills market has been observed in recent years. The market size is projected to increase from $67.68 billion in 2024 to $75.57 billion in 2025, boasting a compound annual growth rate (CAGR) of 11.6%.
The historical growth trend of this market is largely due to factors such as consumer demand, globalization and trade, evolving fashion trends, and breakthroughs in technology.
What are the Market Size and Expected Growth Rates for the Textile and Fabric Finishing and Fabric Coating Mills Market?
The textile and fabric finishing and fabric coating mills market is expected to maintain its strong growth trajectory in upcoming years.
• In the approaching years, the market size of textile and fabric finishing and fabric coating mills is predicted to witness significant expansion. It is projected to escalate to $105.31 billion in 2029, following a compound annual growth rate (CAGR) of 8.7%.
The anticipated growth during the forecast period can be credited to the resurgence of reshoring and nearshoring, as well as the boom in e-commerce. The forecast period is also expected to witness several key trends, like adoption of sustainable and environmentally friendly practices, the arrival of innovative materials, increasing digitalization and the predominance of Industry 4.0, as well as a rise in customization, personalization, health, and performance fabrics.
Which Key Drivers Are Propelling The Textile and Fabric Finishing and Fabric Coating Mills Market's Growth?
The rising need for online commerce is predicted to stimulate the textile and fabric finishing along with fabric coated goods sector, yielding advantages for the market. Manufacturers now possess the ability to present their merchandise on a more expansive platform, leading to an enlargement of their customer hub geographically, and promoting the development of the textile, fabric finishing, and fabric coating mills market. In places like India, for example, e-trade portals have energized these products' sales by giving broader visibility to manufacturers, previously limited to a single location.
What Are The Key Segments Within The Global Textile and Fabric Finishing and Fabric Coating Mills Market?
The textile and fabric finishing and fabric coating mills market covered in this report is segmented –
1) By Type: Textile And Fabric Finishing Mills, Fabric Coating Mills
2) By Technology: Traditional, Advanced
3) By End-Use Industry: Transportation, Building And Construction, Protective Clothing, Industrial, Medical, Sports, Agriculture, Packaging
Subsegments:
1) By Textile And Fabric Finishing Mills: Dyeing, Printing, Bleaching, Waterproofing And Water Repellent Treatments, Wrinkle-Resistant Treatments, Softening And Stiffening Treatments
2) By Fabric Coating Mills: PVC Coated Fabrics, Rubber Coated Fabrics, Silicone Coated Fabrics, Flame Retardant Coated Fabrics, UV Protective Coated Fabrics
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What Trends Are Reshaping The Future Of The Textile and Fabric Finishing and Fabric Coating Mills Market?
In light of escalating worries about immense water usage, air contamination, and waste production, the textile sector is shifting towards greener fabric coating techniques. Producers are discovering more water-conserving methods for dyeing fabrics, the stage in the fabric production process that requires the most water. The advent of technologies like aerated dyeing, which places fabric in a superfluidic CO2 pressurized chamber with dye, shrinks water and chemical use considerably. This technique not only results in 50% energy and dye savings, but it also limits the use of about 1000 liters of water each day and reduces costs by about 40-60% for coating companies daily. Notably, Arvind Ltd., a cotton garment manufacturer from India, has teamed up with DyeCoo, a Dutch technology firm, to explore the environmentally-friendly process of CO2 dyeing.
Who Are the Key Players In The Textile and Fabric Finishing and Fabric Coating Mills Market?
Major companies operating in the textile and fabric finishing and fabric coating mills market include:
• Daiwabo Holdings Co. Ltd.
• Grasim Industries Limited
• Leggett & Platt Incorporated
• Sioen Industries NV
• Swift Galey LLC
• Carlisle Finishing LLC
• Single Source Apparel Inc.
• Guilford Inc.
• Mohawk Industries Inc.
• Hanesbrands Inc.
• Fruit of the Loom Inc.
• Gildan Activewear Inc.
• Milliken & Company
• Unifi Inc.
• Parkdale Mills Inc.
• American & Efird LLC
• Mount Vernon Mills Inc.
• Carolina Cotton Works Inc.
• Tuscarora Yarns Inc.
• Frontier Spinning Mills Inc.
• Culp Inc.
• Glen Raven Inc.
• Cone Denim LLC
• American Cord & Webbing Co Inc.
• American Fiber & Finishing Inc.
• American Silk Mills Corporation
• Carolina Mills Inc.
• Coville Inc.
• Foss Manufacturing Company LLC
• Highland Industries Inc.
• Interface Fabrics Group Inc.
What Are The Regional Insights Into The Textile and Fabric Finishing and Fabric Coating Mills Market?
Asia-Pacific was the largest region in the textile and fabric finishing and fabric coating mills market in 2023. North America was the second largest region in the textile and fabric finishing and fabric coating mills market. The regions covered in the textile and fabric finishing and fabric coating mills market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
