Global Functional Textiles Market by Types of Garments (Active wear, Performance wear, Ready-to-wear, and Seamless wear), Types of Fibers (Polyester and Viscose), Types of Functions (Anti-microbial and Anti-Bacterial, Flame Retardant, Temperature Regulation, Durable Press/Wrinkle Resistance, and Others), Application areas (Geotextiles, Personal Protection, Hygiene, Medical, Military/ war, and Sports and Leisure), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The global functional textiles market size was valued at USD million in 2020 and is estimated to reach USD XX million by 2028, expanding at a CAGR of XX% during the forecast period, 2021–2028. The growth of the market is attributed to increasing hygienic concerns, health awareness among people, rising disposable income, and growing purchasing power.
Functional textiles are textiles that have certain adjusting functionalities based on needs and application areas. Temperature control, humidity control, and other functions are examples of built-in manufacturing functions. Viscose (rayon) and polyester fibers are the most common and widely used fibers in functional textiles. Functional textiles are primarily used in active and performance wear. Functional textiles are widely used in a variety of applications such as antistatic, high-temperature, waterproof, chemical, healthcare, pharmaceuticals, automotive, gas filtrations, air-conditioning & ventilation, construction, and flame-resistant applications, which is expected to drive the market for functional textiles.
Market Trends, Drivers, Restraints, and Opportunities:
Drivers
- Growing demand for sportswear in activities such as cycling, ski sports, and swimming are estimated to fuel the market in the coming years.
- Spontaneous technological advancements in the textile and garment industries and rising customer demands are expected to propel the market during the forecast period.
- Rising purchasing power and disposable income in the emerging economies is anticipated to propel the market during the forecast period.
- Changing demand and consumption patterns and strict regulatory amendments are expected to have an impact on the growth of the market.
- Growing consumer need for protective fabrics, due to rising hygienic concerns and health awareness, is anticipated to boost the market in the coming years.
- The market is expected to rise, due to substantial R&D in creating environmental-friendly products.
Restraints
- Functional textiles, which are in the premium class of textiles, are quite expensive, which attracts the attention of selective consumers. As a result, the cost structure is expected to hamper the growth of the global functional textile market.
Scope of the Report
The report on the global functional textiles market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
|
Attributes |
Details |
|
Base Year |
2020 |
|
Historic Data |
2018–2019 |
|
Forecast Period |
2021–2028 |
|
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
|
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Trends, and Revenue Forecast |
Global Functional Textiles Market Segment Insights
Based on types of garments, the market is divided into active wear, performance wear, ready-to-wear, and seamless wear. The active wear product segment is expected to account for a key share of the market during the forecast period, due to increasing popularity of sports and exercise among people.
In terms of types of fibers, the global functional textiles market is segregated into polyester and viscose. The viscose segment is anticipated to dominate the market during the forecast period, due to growing popularity of viscose products among people, as viscose fiber is softer and smoother as compared to polyester fiber.
Based on types of functions, the market is segregated into anti-microbial and anti-bacterial, flame retardant, temperature regulation, durable press/ wrinkle resistance, and others.
In terms of application areas, the global functional textiles market is divided into geotextiles, personal protection, hygiene, medical, military/ war, and sports and leisure.
On the basis of regions, the global functional textiles market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. In terms of production, Europe has the largest share of the functional textile market, due to the increasing growth of the textile and apparel industry in France, Germany, Italy, and the UK. The functional textile market in Asia Pacific and the Middle East & Africa has a lot of potential. Malaysia, Taiwan, South Korea, Japan, and Turkey are expected to be the most attractive markets for the growth of the functional textile market. Asia Pacific market is predicted to grow at a significant CAGR during the forecast period. Manufacturers in Asia Pacific are offering revolutionary performance products to expand their consumer base.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Functional Textiles Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Functional Textiles Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Functional Textiles Market - Supply Chain
4.5. Global Functional Textiles Market Forecast
4.5.1. Functional Textiles Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Functional Textiles Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Functional Textiles Market Absolute $ Opportunity
5. Global Functional Textiles Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Functional Textiles Market Size and Volume Forecast by Types
5.3.1. Active wear
5.3.2. Performance wear
5.3.3. Ready-to-wear
5.3.4. Seamless wear
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Functional Textiles Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Functional Textiles Market Size and Volume Forecast by Applications
6.3.1. Geotextiles
6.3.2. Personal Protection
6.3.3. Hygiene
6.3.4. Medical
6.3.5. Military/war
6.3.6. Sports and Leisure
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Functional Textiles Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Functional Textiles Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Functional Textiles Demand Share Forecast, 2019-2026
8. North America Functional Textiles Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Functional Textiles Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Functional Textiles Market Size and Volume Forecast by Types
8.4.1. Active wear
8.4.2. Performance wear
8.4.3. Ready-to-wear
8.4.4. Seamless wear
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Functional Textiles Market Size and Volume Forecast by Applications
8.7.1. Geotextiles
8.7.2. Personal Protection
8.7.3. Hygiene
8.7.4. Medical
8.7.5. Military/war
8.7.6. Sports and Leisure
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Functional Textiles Demand Share Forecast, 2019-2026
9. Latin America Functional Textiles Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Functional Textiles Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Functional Textiles Market Size and Volume Forecast by Types
9.4.1. Active wear
9.4.2. Performance wear
9.4.3. Ready-to-wear
9.4.4. Seamless wear
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Functional Textiles Market Size and Volume Forecast by Applications
9.7.1. Geotextiles
9.7.2. Personal Protection
9.7.3. Hygiene
9.7.4. Medical
9.7.5. Military/war
9.7.6. Sports and Leisure
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Functional Textiles Demand Share Forecast, 2019-2026
10. Europe Functional Textiles Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Functional Textiles Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Functional Textiles Market Size and Volume Forecast by Types
10.4.1. Active wear
10.4.2. Performance wear
10.4.3. Ready-to-wear
10.4.4. Seamless wear
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Functional Textiles Market Size and Volume Forecast by Applications
10.7.1. Geotextiles
10.7.2. Personal Protection
10.7.3. Hygiene
10.7.4. Medical
10.7.5. Military/war
10.7.6. Sports and Leisure
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Functional Textiles Demand Share Forecast, 2019-2026
11. Asia Pacific Functional Textiles Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Functional Textiles Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Functional Textiles Market Size and Volume Forecast by Types
11.4.1. Active wear
11.4.2. Performance wear
11.4.3. Ready-to-wear
11.4.4. Seamless wear
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Functional Textiles Market Size and Volume Forecast by Applications
11.7.1. Geotextiles
11.7.2. Personal Protection
11.7.3. Hygiene
11.7.4. Medical
11.7.5. Military/war
11.7.6. Sports and Leisure
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Functional Textiles Demand Share Forecast, 2019-2026
12. Middle East & Africa Functional Textiles Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Functional Textiles Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Functional Textiles Market Size and Volume Forecast by Types
12.4.1. Active wear
12.4.2. Performance wear
12.4.3. Ready-to-wear
12.4.4. Seamless wear
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Functional Textiles Market Size and Volume Forecast by Applications
12.7.1. Geotextiles
12.7.2. Personal Protection
12.7.3. Hygiene
12.7.4. Medical
12.7.5. Military/war
12.7.6. Sports and Leisure
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Functional Textiles Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Functional Textiles Market: Market Share Analysis
13.2. Functional Textiles Distributors and Customers
13.3. Functional Textiles Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Harvest SPF Textile Company Ltd.
13.4.2. Trevira GmbH
13.4.3. Dyntex GmbH
13.4.4. Eclat Textile Corporation Ltd.
13.4.5. Kelheim Fibres GmbH
13.4.6. Toung Loong Textile MFG
13.4.7. Sofileta
13.4.8. Kelheim Fibres GmbH
By Types of garments
- Active wear
- Performance wear
- Ready-to-wear
- Seamless wear
- Polyester
- Viscose
- Anti-microbial and Anti-Bacterial
- Flame Retardant
- Temperature Regulation
- Durable Press/ Wrinkle Resistance
- Others
- Geotextiles
- Personal Protection
- Hygiene
- Medical
- Military/war
- Sports and Leisure
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East & Africa
- Harvest SPF Textile Company Ltd.
- Trevira GmbH
- Dyntex GmbH
- Eclat Textile Corporation Ltd.
- Kelheim Fibres GmbH
- Toung Loong Textile MFG
- Sofileta
- Kelheim Fibres GmbH
Some of the major players in the global functional textiles market are Harvest SPF Textile Company Ltd., Trevira GmbH, Dyntex GmbH, Eclat Textile Corporation Ltd., Kelheim Fibres GmbH, Toung Loong Textile MFG, Sofileta, and Kelheim Fibres GmbH.
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