Canada Technical Textile Market Size & Outlook, 2022-2030
Canada technical textile market, 2018-2030 (US$M)
Related Markets
Canada technical textile market highlights
- The Canada technical textile market generated a revenue of USD 5,705.4 million in 2022 and is expected to reach USD 7,939.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 4.2% from 2023 to 2030.
- In terms of segment, transportation was the largest revenue generating application in 2022.
- Construction is the most lucrative application segment registering the fastest growth during the forecast period.
Technical textile market data book summary
| Market revenue in 2022 | USD 5,705.4 million |
| Market revenue in 2030 | USD 7,939.4 million |
| Growth rate | 4.2% (CAGR from 2022 to 2030) |
| Largest segment | Transportation |
| Fastest growing segment | Construction |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Canada accounted for 2.6% of the global technical textile market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. technical textile market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 5,683.9 million by 2030.
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Technical Textile Market Scope
Technical Textile Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 16.68% in 2022. Horizon Databook has segmented the Canada technical textile market based on construction, transportation, protective, medical covering the revenue growth of each sub-segment from 2018 to 2030.
High regard for quality products and goodwill offered by the U.S. companies is a key factor for high imports of technical textiles from this country.
Initiatives taken by the Canadian government to reduce imports in the country by improving the domestic manufacturing industry are likely to have a positive impact on the technical textile market in the country over the forecast period.
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Target buyers of Canada 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 country-level data and insights on the Canada technical textile market , including forecasts for subscribers. This country databook contains high-level insights into Canada technical textile market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada technical textile market size, by application, 2018-2030 (US$M)
Canada Technical Textile Market Outlook Share, 2022 & 2030 (US$M)
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