Asia Pacific Technical Textile Market Size & Outlook
Asia Pacific technical textile market, 2018-2030 (US$M)
Related Markets
Asia Pacific technical textile market highlights
- The Asia Pacific technical textile market generated a revenue of USD 118,957.7 million in 2022.
- The market is expected to grow at a CAGR of 10% from 2023 to 2030.
- In terms of segment, transportation was the largest revenue generating application in 2022.
- Protective is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| 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 |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 54.3% of the global technical textile market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 254,342.7 million by 2030.
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Technical Textile Market Scope
Technical Textile Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific technical textile market outlook
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.
Reasons to subscribe to Asia Pacific technical textile market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific technical textile market databook
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Our clientele includes a mix of technical textile market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
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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Asia Pacific Technical Textile Market Outlook Share, 2022 & 2030 (US$M)
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