The global demand for Narrow Fabrics Market is presumed to reach the valuation of nearly USD XXX MN by 2026 from USD XXX MN in 2019 with a CAGR of X.XX% under the study period of 2020 - 2026.
Narrow fabrics are referred to as any textile fabric, which is not more than 45cm in width with two selvages. Narrow fabrics are durable, not resistant, heat resistant, stretchable, and abrasion-resistant. They are small strips of fabric, usually produced for a specific and practical purpose. Cords, braids, and lanyards are generally used items that are also narrow fabrics. Materials used for making narrow fabrics include cotton, satin, velvet, nylon, etc. Narrow fabrics are usually used for decorative purposes. They have a wide variety of home and industrial applications. A broad range of straps and webs with specialist performance functions are made. Apart from this, these fabrics are also used for specialty Purposes (elastic and non-elastic), transportation, safety (belts, harnesses), sports, and bags (disposal, duffel, promotional, ski, tote).
Many industries see the technical textile sector having strategic significance in existing and future markets. Technical textiles are becoming increasingly in a broad range of applications. Narrow fabrics find their applications in the garment sector. The extensive usage of narrow fabrics is seen in the garment industry. Safety vests, sports bags/luggage, pet collars/leashes, backpacks, golf cart bag holders, horse halters, athletic equipment, camping equipment, and shoelaces are some names. In the automobile segment, narrow fabrics find their way in making carrier racks and child restraints. In the medical field, this fabric is utilized for making non-elastic straps. In the marine industry, narrow fabrics are used in boat tops, cushions, curtains. These factors mentioned above are driving the market growth during the forecast period.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of narrow fabrics.
The entire narrow fabrics market has been sub-categorized into type and applications. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Safety Protective
- Hand Bags
This section covers regional segmentation which accentuates on current and future demand for narrow fabrics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Narrow Fabrics Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the narrow fabrics market include Bond Products, Textum Inc., Flexon Technologies Limited, South Carolina Elastic Company, Bally Ribbon Mills, H Seal & Co Limited, Interstate Narrow Fabrics, OTEX Specialty Narrow Fabrics, Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.