Contract Textile Market Size, Share & Trends Analysis Report By Application (Decorative Textile, Textile Floor Covering, Manufactured Products), By End Use (Office Spaces, HORECA, Healthcare, Public Buildings), By Region, And Segment Forecasts, 2023 - 2030

Report Overview

The global contract textile market size was estimated at USD 14.58 billion in 2022 and is expected to grow a compound annual growth rate (CAGR) of 4.4% from 2023 to 2030. This growth is attributed to the growing demand for textile contracting to meet the specific requirements of end-users from hospitals, businesses, public buildings, and hotels. Contrary to domestic fabrics, contract textiles must withstand many more washing and drying cycles in commercial laundries compared to domestic household fabrics do. As a result, contract textiles are engineered to a high-quality standard to withstand these demands over the course of their service life. Contract textile is a business-to-business industry in which fabric producers have agreements established with parties engaged in the production of finished goods for commercial end customers.The contract textile market is anticipated to be driven by an increase in the number of commercial buildings in developing as well as developed countries, which will raise demand for various fabric items like wallcoverings, curtains, and upholstered furniture.

Contract manufacturers procure raw materials and produce fabric products according to client’s design specifications. These manufacturers influence quality of the product for the brands they are manufacturing through selection of the raw materials and implementation of specific designs and standards. Along with material sourcing, contract textile manufacturing includes entire supply chain including services such as, custom design, cutting, sewing, assembly, printing, packaging, warehousing, and shipping among several others.

Contract textile manufacturers in the region are increasing investment in advanced machinery to remain competitive in the global market and reduce imports for Asia countries. In addition, the domestic manufacturers led to an increase in technical training for the workers operating in the sector. Furthermore, computer-controlled equipment aids in several functions in fabric manufacturing including design, patternmaking, cutting, and finishing which benefits manufacturers in the market. Applications of emerging technologies in wider looms, computerized equipment and increased use of robotics are expected to positively affect the market growth over the forecast period.

Additionally, the rapid industrialization in developing countries such as India, China, Mexico and South Korea is expected to further boost the demand for commercial spaces over the coming years. This is expected to boost the demand for contract textiles in the global market over the coming years. Moreover, companies are focusing on improving the aesthetic appeal of working spaces in order to build more comfortable and productive working spaces for their employees by enhancing the workspace with colorful floor & wall coverings. This further positively influences the demand for contract textiles in the global market.

Application Insights

The decorative textile segment dominated the market with the highest revenue share of 45.3% in 2022. The segment is estimated to grow at a significant CAGR over the coming years.  Decorative textiles are primarily used for interior of commercial building décor rather than serving any practical function. This includes upholstery, draperies, wall hangings and curtains. These are mainly used to provide privacy in offices & hospitals, or to reduce glare due to sunlight or to create aesthetic effect in the working premises.

The textile wall and ceiling coverings segment is expected to expand at a fastest CAGR of 5.3% from 2023 to 2030. The usual backing for this fabric is spun-bonded nonwoven or paper. Macramé and tapestry are the common materials used to make wall and ceiling coverings. Good flame, dirt, and stain resistance are these coverings' main physical qualities.

End-use Insights

The office space segment dominated the market with the highest revenue share of 29.7% in 2022. The segment is estimated to grow with a significant compound annual growth rate over the coming years. Contract textile applications in office spaces comprise of seating, panels and wall coverings are expected to witness a significant growth owing to large scale office refurbishment activities. In addition, the commercial new building sector is also projected to experience relatively high growth rate owing to improving business confidence, which is further expected to drive the product demand in the market.

The healthcare sector is forecasted to expand at the fastest CAGR of 4.8% from 2023 to 2030. This is attributed to the rapidly rising number of hospitals and medical centers across the globe, thereby driving the demand of products such as panels and wall coverings. This in turn is expected to drive the growth of contract textile produced products as it provides high quality products at larger quantities.

Regional Insights

The Asia Pacific contract textile segment dominated the market and accounted for a revenue share of 38.0% in 2022. The region is also forecasted to grow with a significant growth rate over the forecast period, due to the rapidly growing population and high scale urbanization in the region.

The growing population has resulted in an increase in the number of commercial building such as hospitals, office buildings and hospitality industry buildings such as hotels, restaurants and cafés. This demand is propelling the demand for contract fabric for interior modifications and decoration purposes.

Increasing investment of major fabric manufacturers in developing economies including India, Bangladesh, Vietnam, Cambodia, Sri Lanka among several others have resulted into high potential for contract textile manufacturing in these economies. Availability of low-cost labor along with favorable government policies have increased fabric production capabilities in these regions resulting into high production volumes

The contract textile market in the Middle East & Africa is expected to expand at the fastest CAGR of 5.4% over the coming years. This is owing to the rising industrialization and tourism, which has resulted in increased investment in commercial & hospitality buildings in the region, mainly in UAE and Saudi Arabia.

Key Companies & Market Share Insights

The contract textile market is highly fragmented due to the presence of large number of small and medium scale manufacturers in the industry. Some of the major players in the market include Beaulieu International Group, Camira Fabrics Ltd., Panaz, Sunbury Design, and Successori REDA S.p.A. Moreover, with the growing demand for contract textiles, the competitive rivalry among the industry players is growing intensive.

These companies are continuously engaged in adopting strategies such as new product launches and mergers & acquisitions to gain a competitive advantage and maintain their positions in the industry. Moreover, with the growing investments in the textile sector, the demand for contract fabrics is expected to boost in the global market. For instance, in February 2021, the Government of India announced seven giant textile parks will be built in the country over the course of three years. This promotes more opportunities for the manufacturers in the overall fabric industry. Some of the prominent players in the contract textile market include:

• Beaulieu International Group

• Camira Fabrics Ltd.

• Panaz, Sunbury Design

• Successori REDA S.p.A.

• MOHAWK INDUSTRIES, INC

• ARC-COM

• ARCHITEX

• CTL LEATHER

• DESIGNTEX

• Agua Fabrics

Contract Textile Market Report Scope

Global Contract Textile Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the global contract textile market report on the basis of application, end-use, and region:

• Application Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

  • Decorative Textile

  • Textile Floor Covering

  • Textile Wall Covering

  • Manufactured Products

• End-use Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

  • Office Spaces

  • HORECA

  • Healthcare

  • Public Buildings

  • Others

• Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • U.K

    • Germany

    • Italy

    • France

    • Poland

    • Sweden

    • Finland

    • Norway

    • Denmark

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

    • Indonesia

  • Central & South America

    • Brazil

  • Middle East & Africa

    • Saudi Arabia

    • UAE