Market revenue in 2022 | USD 118,957.7 million |
Market revenue in 2030 | USD 254,342.7 million |
Growth rate | 10% (CAGR from 2022 to 2030) |
Largest segment | Transportation |
Fastest growing segment | Protective |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Construction, Transportation, Protective, Medical |
Key market players worldwide | Freudenberg, Berry Global Group Inc, Ahlstrom-Munksjö, Asahi Kasei Corp, Kimberly-Clark Corp, Mitsui Chemicals Inc, Huntsman Corp, Toray Industries Inc |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to technical textile market will help companies and investors design strategic landscapes.
Transportation was the largest segment with a revenue share of 21.94% in 2022. Horizon Databook has segmented the Asia Pacific technical textile market based on construction, transportation, protective, medical covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific dominated the global technical textile market, accounting for 45.9% of the overall market in 2019. The region’s dominance trend is expected to continue over the forecast period.
The growing demand for textile, apparel, functional textiles is expected to propel the market growth over the forecast period. This scenario is likely to be reflected in major economies including India, China, Japan, and Australia over the years ahead.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific technical textile market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific technical textile market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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