#Asia-Pacific Sports Apparel Market Share
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Sports apparel are worn during physical exercise or sports activities. People prefer premium quality sports apparel for agility and comfort during the workout sessions. The emerging countries of the Asia-Pacific region such as India and China offer lucrative opportunities to the players in the sports apparel market. Increasing disposable incomes and growing health awareness among individuals have fostered the growth of the market in the region.
#Asia-Pacific Sports Apparel Market Size#Asia-Pacific Sports Apparel Market Share#Asia-Pacific Sports Apparel Market Growth#Asia-Pacific Sports Apparel Market Analysis#Asia-Pacific Sports Apparel Market Trends#Asia-Pacific Sports Apparel Market Forecast
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Catch the Perfect Wave: Essential Surfing Gear for Every Adventurer
The global surfing apparel and accessories market is projected to experience substantial growth over the forecast period from 2022 to 2028, with a compound annual growth rate (CAGR) of approximately 6%. The market, valued at around USD 1 billion in 2022, is expected to reach approximately USD 2 billion by 2028.
What Are Surfing Apparel and Accessories?
Surfing apparel and accessories encompass a wide range of products designed for surfing enthusiasts, including wetsuits, board shorts, rash guards, surfboards, and various surfing accessories such as leashes and wax. The growing popularity of surfing as both a recreational activity and competitive sport is driving demand for specialized apparel and accessories that enhance performance and comfort in the water.
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Market Dynamics and Growth Drivers
Rising Popularity of Surfing: Surfing continues to gain traction globally, driven by increased awareness and participation in the sport. Events like the inclusion of surfing in the Olympic Games have further boosted its profile, attracting new enthusiasts and participants.
Innovative Product Development: Manufacturers are focusing on technological advancements and innovative designs to enhance the functionality and durability of surfing apparel and accessories. Features such as UV protection, quick-drying materials, and eco-friendly fabrics are gaining popularity among consumers.
Growth of Water Sports Tourism: The surge in water sports tourism, particularly in coastal regions and surf destinations, is driving demand for surfing apparel and accessories. Travelers are increasingly seeking quality gear to enhance their surfing experience.
Social Media Influence: Social media platforms and influencer marketing have played a significant role in promoting surfing culture and lifestyle. This trend has increased awareness of surfing apparel brands, driving sales and engagement among younger demographics.
Sustainable Practices: The growing focus on sustainability and environmentally friendly products is prompting brands to adopt eco-conscious manufacturing practices. This shift toward sustainable materials is appealing to environmentally aware consumers.
Regional Analysis
North America: North America holds a significant share of the surfing apparel and accessories market, driven by a strong surfing culture, particularly in California and Hawaii. The region's established retail infrastructure and online shopping platforms further support market growth.
Europe: Europe is witnessing increasing interest in surfing, with countries like Portugal, Spain, and France becoming popular surfing destinations. The growing number of surf schools and clubs is contributing to rising demand for surfing gear.
Asia-Pacific: The Asia-Pacific region is expected to experience the highest growth in the surfing apparel and accessories market, fueled by the rising popularity of surfing in countries such as Australia, Japan, and Indonesia. Increased investment in surf tourism and local surfing events is also driving market expansion.
Latin America and Middle East & Africa: These regions are gradually growing in the surfing market, with Brazil being a key player in Latin America. As awareness and participation in surfing increase, the demand for related apparel and accessories is also expected to rise.
Competitive Landscape
The surfing apparel and accessories market is characterized by a mix of established players and emerging brands. Key players in this market include:
Quiksilver: A leading brand known for its wide range of surfing apparel and accessories, Quiksilver focuses on quality and innovation in product design.
Billabong: This brand is synonymous with surfing culture and offers a comprehensive line of apparel and gear for surfers of all levels.
O'Neill: Known for its wetsuits and surf gear, O'Neill emphasizes technology and performance in its product offerings.
Rip Curl: A prominent player in the surfing apparel market, Rip Curl specializes in high-quality wetsuits, boardshorts, and surfing accessories.
Hurley: This brand targets younger consumers with stylish and functional surfing apparel, often collaborating with athletes and influencers to promote its products.
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Challenges and Opportunities
While the surfing apparel and accessories market presents growth opportunities, challenges such as fluctuating raw material prices and intense competition may impact profitability. Additionally, the market must address issues related to product quality and counterfeit goods.
However, the increasing demand for sustainable and innovative products presents a significant opportunity for brands to differentiate themselves. Emphasizing eco-friendly materials and practices can attract environmentally conscious consumers and enhance brand loyalty.
Conclusion
The global surfing apparel and accessories market is poised for robust growth, driven by rising participation in surfing, innovative product offerings, and increasing consumer awareness. As the industry evolves, brands that prioritize sustainability, quality, and performance will likely capture a larger share of the market. The ongoing development of water sports tourism and the influence of social media will further shape the future of the surfing apparel and accessories market, making it an exciting segment to watch in the coming years.
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Textile Manufacturing Market Demand, Size-Share, News - 2024 to 2032
The Reports and Insights, a leading market research company, has recently releases report titled “Textile Manufacturing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Textile Manufacturing Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Textile Manufacturing Market?
The global textile manufacturing market was valued at US$ 350.8 Billion in 2023 and is expected to register a CAGR of 4.9% over the forecast period and reach US$ 539.7 Billion in 2032.
What are Textile Manufacturing?
Textile manufacturing is the process of transforming raw fibers into finished textile products, involving several stages such as spinning, weaving or knitting, dyeing, and finishing. This industry utilizes a diverse array of materials, including natural fibers like cotton, wool, and silk, as well as synthetic fibers such as polyester and nylon. The process begins with the extraction and preparation of raw fibers, which are then spun into yarn and woven or knitted into fabric. Following this, dyeing and finishing treatments are applied to enhance the color, texture, and durability of the textiles. Textile manufacturing is essential to the fashion, home furnishings, and industrial sectors, playing a significant role in global economies and job creation.
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What are the growth prospects and trends in the Textile Manufacturing industry?
The textile manufacturing market growth is driven by various factors and trends. The textile manufacturing market is experiencing consistent growth, driven by rising global demand for apparel, home textiles, and technical textiles across various sectors. Factors such as population growth, urbanization, and evolving consumer preferences for sustainable and innovative materials are contributing to this expansion. Additionally, advancements in technology, including automation and digitalization, are improving production efficiency and facilitating customization, further enhancing market dynamics. The industry is also shifting towards eco-friendly practices, with many manufacturers adopting sustainable production methods and materials in response to consumer and regulatory pressures. Consequently, the textile manufacturing sector is well-positioned for continued growth as it adapts to changing trends and environmental considerations. Hence, all these factors contribute to textile manufacturing market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Product Type
Fibers and Yarns
Natural Fibers
Synthetic Fibers
Blended Fiber
Fabrics
Woven
Knitted
Non-Woven
Others
Finished Products
By Application
Fashion & Clothing
Apparel
Ties & Clothing Accessories
Handbags & Others
Household
Bedding
Kitchen
Upholstery
Towel
Others
Technical
Construction
Transportation
Medical
Protective
Others
Others
By Sales Channel
Direct Sales
Retail Sales
Speciality Stores
E-Commerce
Wholesalers
Others
By End-Use Industry
Apparel
Automotive
Medical
Agriculture
Sports
Others
North America
United States
Canada
Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Poland
Benelux
Nordic
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
ASEAN
Australia & New Zealand
Rest of Asia Pacific
Latin America
Brazil
Mexico
Argentina
Middle East & Africa
Saudi Arabia
South Africa
United Arab Emirates
Israel
Rest of MEA
Who are the key players operating in the industry?
The report covers the major market players including:
Toray Industries, Inc.
Welspun India Ltd
Donear Industries Ltd.
Hyosung TNC Corp.
Arvind Limited
BMD Private Limited
Alok Industries
Techtex India
Aditya Birla Management Corp. Pvt. Ltd.
C.CORP.
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#Textile Manufacturing Market share#Textile Manufacturing Market size#Textile Manufacturing Market trends
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Future of Seam Tapes Industry
The report "Seam Tapes Market by Type (Single layered, Multi layered), Material (Polyurethane, TPU, Polyamide), Application (Intimate apparel, Sports innerwear, Sportswear, Casual apparel, Shoes), and Region - Global Forecast to 2025", The global seam tapes market size is expected to grow from USD 128 million in 2020 to USD 179 million by 2025, at a CAGR of 6.9% during the forecast period. Seam tapes is used across applications, such as intimate apparels, shoes, sportswear, sports innerwear, casual apparels is the key end-use industry owing to the wide applications of these seam tapes.
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Browse 200 market data Tables and 45 Figures spread through 162 Pages and in-depth TOC on "Seam Tapes Market by Type (Single layered, Multi layered), Material (Polyurethane, TPU, Polyamide), Application (Intimate apparel, Sports innerwear, Sportswear, Casual apparel, Shoes), and Region - Global Forecast to 2025" View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/global-seam-tapes-market-72452381.html
The intimate apparels is expected to register the highest CAGR in the global seam tapes market during the forecast period.
Increasing awareness about the best fit, growing millennial population, and rise in spending power among women are expected to drive the market over the forecast period. Increasing availability of a broad range of products in multiple designs for various purposes, such as sportswear, bridal wear, and regular wear, has also been driving the global market. The intimate apparels segment is the largest as well as the fastest segment of the global seam tapes market with a CAGR of 7.1%, in terms of value.
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APAC is expected to hold the largest market share in the global seam tapes market during the forecast period.
Asia Pacific accounted for the largest share of the Seam tapes market in 2020. Factors such as the rapidly increasing consumption of seam tapes in the initimate apparels and sportswear industries in countries such as China, Japan, India, South korea, and Australia have led to an increased demand for Seam tapes in the Asia Pacific region.
Bemis Associates (US), Sealon (South Korea), HiMEL (South Korea), Gerlinger Industries (Germany), and Adhesive Films, Inc. (NJ) are the leading seam tapes manufacturers, globally.
Don’t miss out on business opportunities in Seam Tapes Market. Speak to our analyst and gain crucial industry insights that will help your business grow.
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Rise of High-Performance Swimming Sports Apparel And Accessories: Market Opportunities and Challenges
The global swimming sports apparel and accessories market size was estimated to reach USD 24.41 billion in 2030 and expanding at a CAGR of 5.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. With a growing awareness of health and fitness benefits, more individuals in developing countries are engaging in swimming as a form of exercise. This trend drives the demand for high-quality apparel and equipment that enhance performance and comfort.
Swimming is a widely practiced sport and recreational activity worldwide, fostering a large and consistent demand for swimwear, goggles, caps, and other related equipment. Companies continuously innovate with new materials, designs, and technologies to improve swimwear performance, durability, and hydrodynamics, attracting both competitive athletes and recreational swimmers.
Consumers are increasingly adopting a holistic approach to health, viewing physical fitness, mental well-being, and nutritional balance as interconnected components of overall wellness. This holistic perspective drives interest in supplements like creatine, which are perceived to support multiple aspects of health, including physical performance and recovery. There is a rising preference for preventive health strategies aimed at avoiding illness and promoting longevity. Swimming sports apparel & accessories are sought after for their potential benefits in enhancing muscle strength, endurance, and recovery, which are essential for maintaining an active lifestyle and preventing age-related decline in physical fitness.
Major events such as the Olympics serve as global stages for showcasing the latest advancements in swimwear technology. Performance gains observed during these events influence consumer preferences and drive market trends. The regulations set by international governing bodies (e.g., FINA) regarding swimwear specifications also shape the development and adoption of new technologies in the market.
North America swimming sports apparel & accessories market is expected to grow at a CAGR of 5.8% from 2024 to 2030. North America, particularly the United States and Canada, has a high participation rate in swimming, both at recreational and competitive levels. Swimming is a popular sport in schools, community programs, and among individuals of all ages, which drives substantial demand for swimwear and related equipment. The region boasts extensive and well-developed infrastructure for swimming, including numerous public pools, private swimming clubs, aquatic centers, and competitive swimming leagues. This infrastructure supports a strong and sustained demand for swimming apparel and equipment.
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Swimming Sports Apparel And Accessories Market Report Highlights
Asia Pacific is expected to grow with the fastest CAGR over the forecast period from 2024 to 2030. The region boasts a significant population with a growing interest in sports and fitness activities, including swimming. Countries like China, Japan, Australia, and South Korea have large populations actively participating in swimming, driving demand for related apparel and equipment. Hosting of major international sporting events, such as the Olympics and Asian Games, in the Asia Pacific region has further spurred interest and investment in swimming sports. This exposure raises the profile of swimming and increases demand for related products.
The swimming sports apparel market accounted for a major revenue share in 2023. Swimming sports apparel is designed to enhance performance by reducing drag, improving hydrodynamics, and offering support. High-performance swimsuits, for instance, are constructed from advanced materials that provide compression, increase buoyancy, and ensure quick drying. These functional benefits are crucial for both competitive swimmers and recreational users, making swimming apparel an indispensable part of the sport.
Sales of swimming sports apparel & accessories through online retail stores are expected to grow with the fastest CAGR over the forecast period from 2024 to 2030. Online retailers provide comprehensive product descriptions, specifications, and high-quality images, helping consumers understand the features and benefits of the products they are considering. This detailed information aids in making more informed purchase decisions.
Gain deeper insights on the market and receive your free copy with TOC now @: Swimming Sports Apparel And Accessories Market Report We have segmented the global swimming sports apparel & accessories market based on category, distribution channel, and region.
#SwimmingApparel#SportsApparel#SwimwearMarket#SwimmingGear#SwimAccessories#SportsIndustry#AthleticWear#SwimTrends#Activewear#PerformanceSwimwear#SwimMarket#SwimmingEquipment#SportsAccessories#SwimTech#SustainableSwimwear
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Lingerie Market To Reach $141.81 Billion By 2030 | CAGR: 6.1%
The global lingerie market size is expected to reach USD 141.81 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.1% from 2023 to 2030. The increasing economically independent women population, the rising focus on style quotient and luxury, and the swelling popularity of loungewear, shapewear, knickers, and panties are the factors that drive the market. Additionally, the growing number of women participating in fitness-related activities including marathons, gym, and other sports is further anticipated to surge the demand for products such as sports bras, thus fuelling the growth of the market. The high cost of raw materials and design may hamper the growth of the market.
The COVID-19 pandemic has had a negative impact on the market. In 2020, the collective effect of outlet closings, stinginess resulting from the quickly declining economic situation, and the discretionary character of lingerie made it one of the worse hit apparel categories due to the COVID-19 pandemic. Additionally, the manufacturing hubs operating globally faced a double impact. Due to the COVID-19 pandemic, manufacturing operations came to a halt, followed by an increasing number of order cancellations from foreign clients unable to sell or stock merchandise.
The briefs segment accounted for the largest share of over 55.0% in 2022. This can be attributed to the availability of several products made of comfortable fabric including cotton and nylon, designed with different styles such as hipster, shorts, and full briefs. Moreover, various key players offer special kinds of knickers with jacquard and lace designs, no VPL lace trim, and high waist control to provide comfort and other benefits, which drive the demand for the segment.
North America held the second-largest revenue share in 2022. This is attributed to the presence of a large number of lingerie companies, consumers’ inclination toward premium lingerie brands, and the growing adoption of clean and comfortable lingerie in this region. Most of the manufacturers operating in the region launched various lingerie products to cater to a large number of customers. For instance, in 2018, Victoria’s Secret launched a new line of lingerie in Miami to expand its brand’s product portfolio.
Major companies are focused on launching innovative lingerie products as per the changing fashion trend and consumer demands. Various companies are mostly utilizing e-commerce platforms to offer premium-quality branded lingerie to consumers with increased convenience. In April 2021, Calvin Klein, a PVH Corporation brand, launched its new, sustainable underwear and dual-gender loungewear range produced using sustainably sourced materials, which contributed to the round textile economy through recycled materials.
Lingerie Market Report Highlights
Asia Pacific is expected to expand at the fastest CAGR over the forecast period. This is attributed to the presence of a large number of end-users in the region, which is increasing by the expanding popularity of e-commerce, growing disposable incomes, and changing consumer preferences
The shapewear product type segment is likely to expand at the fastest CAGR over the forecast period. This is attributed to the influence made by the philosophy of body positivity, thus encouraging buyers to purchase products. Furthermore, the growing demand for intimates with the flexibility to appear more attractive and comfortable is expected to drive the segment over the forecast period
The online distribution channel segment is likely to expand at the fastest CAGR from 2023 to 2030. This is attributed to the growing popularity of branded as well as exclusive products. Additionally, online stores and websites offer all types of lingerie products, thus fueling the segment growth
Lingerie Market Segmentation
Grand View Research has segmented the global lingerie market on the basis of product type, distribution channel, and region:
Lingerie Product Type Outlook (Revenue, USD Billion, 2017 - 2030)
Briefs
Bras
Shapewear
Others
Lingerie Distribution Channel Outlook (Revenue, USD Billion, 2017 - 2030)
Offline
Online
Lingerie Regional Outlook (Revenue, USD Billion, 2017 - 2030)
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Italy
Spain
Asia Pacific
China
Japan
India
South Korea
Indonesia
Central & South America
Brazil
Middle East & Africa
South Africa
List of Key Players of Lingerie Market
Jockey International Inc.
Victoria’s Secret
Zivame
Gap, Inc.
Hanesbrands Inc.
Triumph International Ltd.
Hunkemoller
Bare Necessities
Calvin Klein
MAS Holdings
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The Dye Sublimation Paper Market Has Been Gaining Significant Traction Over The Past Few Years
The dye sublimation paper market has been gaining significant traction over the past few years owing to the increasing demand for various textile printing applications. Dye sublimation paper is used for dye sublimation printing which involves the transfer of dye from the paper to the fabric by application of heat without using liquids. It offers benefits such as high image quality, ability to print on various fabric types, no need for pre or post-treatment of fabric. The rising trends of customized printed apparel has boosted the demand for dye sublimation paper.
Key Takeaways Key players operating in the dye sublimation paper are Campbell Soup Company, Nestlé S.A., The Kraft Heinz Company, Pacific Foods of Oregon, Bar Harbor Foods, BUMBLE BEE Seafoods, More Than Gourmet, Kettle Cuisine, Bonafide Provisions, College Inn. Key players are focusing on developing innovative product offerings and strengthening their distribution networks to cater to the rising demand.
Dye Sublimation Paper Market Size adoption by sports apparel and promotional products manufacturers. Furthermore, expansion in regions such as Asia Pacific and Latin America driven by growing textile industries will continue to present lucrative growth prospects over the forecast period.
Global expansion of the market will be largely influenced by growing urbanization, rising consumer spending on customized and fashionable apparel, increasing industrial applications of digital textile printing, and policy support for growth of domestic textile industries especially in developing economies.
Market Drivers The primary driver contributing to the growth of dye sublimation paper market is the rising application of digital textile printing in the apparel and soft signage industries. Dye sublimation printing enables fabric decoration and customization which has increased its adoption over traditional printing methods. Furthermore, the ability to print on various fabric types without requiring pretreatment or chemicals has augmented the application in industries such as sportswear, home furnishings, technical textiles. This has boosted the demand for specialized dye sublimation paper, thereby fueling market growth.
PEST Analysis Political: The Dye Sublimation Paper Market Size And Trends is impacted by regulatory policies and standards set by governmental agencies regarding usage of environment friendly and sustainable materials in packaging industry. Economic: Economic growth along with improving disposites incomes boost consumer spending on decorative and photo prints using dye sublimation paper. Fluctuations in paper raw material costs affect profitability of manufacturers.
Social: Increasing population and rapid urbanization create demand for large format decorative and signage prints. Growing e-commerce sector fuels usage of dye sublimation printed banners and signages for branding and campaigns.
Technological: Advances in digital printing technologies help produce vibrant, detailed and durable prints on dye sublimation paper. Investments in R&D of UV resistant and waterproof dye sublimation papers widen their end use applications.
Geographical Regions with High Concentration: North America holds the largest share of the global dye sublimation paper market, followed by Europe and Asia Pacific. Abundant availability of raw materials and presence of major manufacturers make North America an attractive market for dye sublimation paper.
Fastest Growing Region: Asia Pacific region is projected to grow at the highest CAGR during the forecast period due to increasing industrial and commercial construction activities in China, India and other developing nations. Rapid infrastructure development and economic growth expand the demand for signage, banners and displays using dye sublimation printing. Get More Insights On, Dye Sublimation Paper Market About Author: Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)
#Dye Sublimation Paper Market Size#Dye Sublimation Paper Market Trends#Dye Sublimation Paper Market Demand#Dye Sublimation Paper#Dye Sublimation Paper Market
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Carbon Fiber Market Projected to Hit USD 4.5 billion by 2031
The global carbon fiber market is estimated to flourish at a CAGR of 6.8% from 2022 to 2031. Transparency Market Research projects that the overall sales revenue for carbon fiber is estimated to reach US$ 4.5 billion by the end of 2031. As sustainability takes center stage, companies increasingly adopt circular economy models. Recycling technologies for carbon fiber composites emerge, offering a solution to end-of-life materials, reducing waste, and promoting resource efficiency.
Exploring novel avenues, the integration of bio-based materials into carbon fiber composites gains attention. Research into bio-derived precursors, potentially reducing environmental impact, and enhancing material properties, showcases promise for future market penetration. Carbon fiber's entry into niche sectors like healthcare and consumer goods expands. Developments in prosthetics, medical devices, and high-end consumer products highlight the material's versatility and potential for specialized applications.
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Carbon Fiber Market: Competitive Landscape The carbon fiber market thrives amid fierce competition fuelled by technological advancements and sustainability demands. Industry giants like Toray Industries, Hexcel Corporation, and Mitsubishi Chemical Holdings dominate, leveraging R&D investments to innovate lightweight, high-strength materials.
Companies like SGL Carbon and Teijin Limited also command substantial market shares, excelling in diverse application sectors. Emerging players such as Solvay and Formosa Plastics Corp are gaining ground through strategic acquisitions and novel product launches.
With escalating demand from aerospace, automotive, and sporting goods industries, the competitive landscape intensifies, compelling companies to focus on product differentiation, cost efficiency, and eco-friendly solutions to secure market leadership. Some prominent manufacturers are as follows:
Toray Industries Inc.
Hexcel Corporation
Formosa Plastics Corp
Teijin Carbon
Mitsubishi
SGL
Key Findings of the Market Report
PAN-based carbon fiber stands as the leading product segment, dominating the market due to its superior performance and versatility.
Prepreg layup technology stands as a leading segment in the carbon fiber market due to its versatility and high-performance applications.
Automotive & transportation segment leads the carbon fiber market due to demand for lightweight materials to enhance vehicle efficiency.
Carbon Fiber Market Growth Drivers & Trends
Increasing adoption across sectors like aerospace, automotive, and renewable energy drives steady market growth, diversifying carbon fiber applications.
Ongoing R&D efforts propel innovations in production techniques, enhancing carbon fiber's strength, durability, and cost-effectiveness.
Rising eco-awareness fuels demand for lightweight, recyclable materials, positioning carbon fiber as a sustainable alternative in various industries.
Growing industrialization in Asia Pacific nations like China and Japan amplifies demand, fostering significant market expansion and production capacity.
In the automotive sector, the shift towards electric vehicles escalates demand for lightweight materials, making carbon fiber a pivotal component for enhancing vehicle efficiency and range.
Product Portfolio
With innovative solutions in textiles, chemicals, and materials, Toray Industries Inc. pioneers cutting-edge advancements. Offering a diverse portfolio spanning carbon fiber, apparel, and IT-related products, Toray excels in delivering quality, sustainability, and technological prowess.
Hexcel Corporation stands as a global leader in advanced composites technology. Renowned for aerospace-grade materials, including carbon fiber, Hexcel delivers high-performance structural parts, enhancing efficiency and safety across industries with superior lightweight solutions.
Formosa Plastics Corp is a prominent force in petrochemicals, plastics, and manufacturing. Renowned for its versatile product range, including polyvinyl chloride (PVC) and chemical products, Formosa excels in providing essential materials driving various sectors' growth and innovation.
Carbon Fiber Market: Key Segments
By Product
PAN-based
Pitch-based
Others
By Technology
Prepreg Layup
Pultrusion
Winding
Press & Injection Molding
Others
By Application
Automotive & Transportation
Interior
Exterior
Others
Construction
Aerospace & Defense
Sports & Leisure
Marine and Oil & Gas
Wind Energy
Others
By Region
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
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Water-Based Pigment Inks For Textile & Apparel Market - Forecast(2024 - 2030)
Water-Based Pigment Inks For Textile & Apparel Market Overview
Water-Based Pigment Inks For Textile & Apparel Market size is expected to be valued at $272.0 million by the end of the year 2026 and is set to grow at a CAGR of 5.3% during the forecast period 2021-2026. Water-based pigment ink contains pigments in a colloidal suspension with water as solvent. In comparison to other types of pigment inks, water-based pigment inks produce brighter colors and also provide light-fastness. The water-based pigment inks come in larger particle levels and therefore, it is not easily decomposed by the light. Water-based pigment inks tend to resist water and UV light better than dye-based ink and can restrain from fading for a longer period. The increasing adoption of water-based pigment inks owing to their economical uses and the growth surge of the textile industry is also contributing to the growth of the Water-Based Pigment Inks For Textile & Apparel Market. This is majorly driving the demand for Water-Based Pigment Inks For Textile & Apparel Market.
COVID-19 impact
Amid the Covid-19 pandemic, the water-based pigment inks market was hugely affected, owing to the various legal and economic restrictions laid by governments across the world. The decline in the growth of the related industries is also restricting the growth of the Water-Based Pigment Inks For Textile & Apparel Market. For instance, Indian textile and apparel exports in 2020-2021 are almost 13% less (in dollar terms) than the previous year, provisional data available with the Cotton Textiles Export Promotion Council shows. The exports were worth US$29 billion last year as against US$34 billion in 2019-2020. According to the National Council of Textile Organizations (NCTO), the U.S. textile and apparel shipments decreased from US$75.8 billion in 2019 to US$64.4 billion in 2020. This is majorly restricting the growth of the Water-Based Pigment Inks For Textile & Apparel Market.
Report Coverage
The report: “Water-Based Pigment Inks For Textile & Apparel Market– Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Water-Based Pigment Inks for Textile & Apparel Industry.
By Resin Type: Acrylic, Alkyd, Epoxy, Polyamide, Hydrocarbon, Melamine, Maleic, Shellac, and Others.
By Pigment Type: Organic Pigment, Inorganic Pigment (White [Titanium Dioxide, Zinc Oxide, Zinc Sulfide and Others], Colored [Chrome Yellow, Molybdenum Orange, Iron Red and Others], Black, Metallic, and Others.
By Application: T-shirts, Signage Flags, Home Furnishing Fabrics, Sports Apparel, Fashion Textile and Others.
By Geography: North America (USA, Canada, Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), APAC (China, Japan India, South Korea, Australia & New Zealand, Indonesia, Taiwan, Malaysia, Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and Rest of South America) and RoW (Middle East and Africa).
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Key Takeaways
Asia-Pacific market held the largest share in the Water-Based Pigment Inks For Textile & Apparel Market owing to increase in investments in the textile industry and growth of the textile industry.
Increasing adoption of water-based pigment inks is one of the major factors driving the Water-Based Pigment Inks For Textile & Apparel Market.
The growth in the textile industry is driving the demand for Water-Based Pigment Inks For Textile & Apparel Market.
Amid the Covid-19 pandemic, the Water-Based Pigment Inks For Textile & Apparel Market were majorly affected in terms of sales and distribution during the global pandemic. The situation is however set to improve by the end of the year 2021.
Water-Based Pigment Inks For Textile & Apparel Market Segment Analysis –By Resin Type
Acrylic segment held the largest share of 38% by revenue in the Water-Based Pigment Inks For Textile & Apparel Market in the year 2020. Acrylic based pigments are water-based pigments and is produced through the process of rheology. It is mostly used on textile substrates such as cotton/polyester combined fabric, cotton fabric and other textile materials. Acrylic resin emulsion is soft, anti-crocking agent and acts as the printing binder for textile printing and finishing. Acrylic resin emulsion is soft, anti-crocking agent and acts as the printing binder for textile printing and finishing. This will exponentially increase the demand for acrylic segment in the Water-Based Pigment Inks For Textile & Apparel Market.
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Water-Based Pigment Inks For Textile & Apparel Market Segment Analysis – By Pigment Type
Inorganic pigment segment held the largest share of 59% by revenue in the Water-Based Pigment Inks For Textile & Apparel Market in the year 2020, with a growing CAGR of 4.89% during the forecast period 2021-2026. The color pigment inks, especially chrome yellow garnered the most demand owing to its power of lightfastness. Chrome yellow consists of lead chromate and solid solutions of lead chromate and lead sulfate, which reacts to acid and alkalis and changes color accordingly. Reaction of chrome yellow with acid leads to the formation of orange dichromate ion and the reaction with alkali leads to the formation of pale-yellow chromate ion. Chrome yellow is a crystalline mineral consisting of lead chromate which can vary in hue from primrose yellow to orange. The yellow chrome pigments consist of fine particles that are dense and opaque. This is driving the demand for inorganic pigment in the Water-Based Pigment Inks For Textile & Apparel Market.
Water-Based Pigment Inks For Textile & Apparel Market Segment Analysis – By Application
Fashion textile segment held the largest share in the Water-Based Pigment Inks For Textile & Apparel Market in the year 2020, with a growing CAGR of 6.0% during the forecast period 2021-2026. The increase in the use and production of fashion textiles in the recent days is one of the major factors driving the demand for Water-Based Pigment Inks For Textile & Apparel Market. According to World Resource Institute, 20% of water pollution comes from the traditional textile coloration. Whereas the use of water-based pigment inks is eco-friendly, eliminates VOC emissions due to which manufacturers are leaning towards water-based printing ink which is driving the demand for Water-Based Pigment Inks For Textile & Apparel Market.
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Water-Based Pigment Inks For Textile & Apparel Market Segment Analysis – By Geography
Asia-Pacific region held the largest share of 37% in the Water-Based Pigment Inks For Textile & Apparel Market in the year 2020, and is growing with a CAGR of 6.2% during the forecast period 2021-2026. According to data released to the Global Times by e-commerce giant Alibaba in China, clothing products were the best performer in the second half of the year 2020, climbing from ninth to fourth place on a list of the most popular product categories. The amount of apparel sold on Alibaba.com increased by 274 percent year over year in September, with the number of purchasers increasing by 266 percent. Furthermore, the textiles and apparel industry in India accounts for 13% of industrial production and 12% of export revenues, with a GDP contribution of 2.3%. The Ministry of Industry and Commerce of Paraguay stated in February 2021 that it will invest US$1.1 million in the manufacturing sector, primarily helping the apparel, textiles, and footwear industries, as well as other assembly operations. According to a recent report by the Australian Fashion Council (AFC), the Australian fashion and textile industry contributed more than US$18.6 billion (Au$27.2 billion) to the country's GDP in 2020-21. This is driving the Water-Based Pigment Inks For Textile & Apparel Market in the Asia-Pacifc region.
Water-Based Pigment Inks For Textile & Apparel Market Drivers
Increasing adoption of water-based pigment inks is one of the major factors driving the Water-Based Pigment Inks For Textile & Apparel Market
Water-based pigment inks has more advantages such as improved plant safety and a significantly lower environmental impact as compared to other types of pigment inks. Water-based pigment inks provide viable solutions to rather complicated problems in the textile industry such as pattern printing, dye ink absorption into the fibre and others. The usage of water-based pigment inks also poses less environmental threat as water-based ink pigments usually contains large volumes of water and a substantially lower content of (>1%) volatile organic compounds as compared to other types of pigment inks. This also makes water-based pigment inks to be easily stored, without much damage to the surroundings. Water-based pigment inks absorbs better than solvent-based pigment inks and thus gives consistent pigment to the fabric. Water-based pigment inks are also inflammable as compared to solvent-based pigment inks. This is majorly driving the demand for Water-Based Pigment Inks For Textile & Apparel Market.
Water-Based Pigment Inks For Textile & Apparel Market Challenges
Volatile price of water-based pigment ink is significantly restricting the growth of the Water-Based Pigment Inks For Textile & Apparel Market
The volatile prices of the various raw materials used in manufacturing water-based pigment inks is one of the major challenges restricting the growth of the Water-Based Pigment Inks For Textile & Apparel Market. For instance, Allnex, a global producer of industrial coating resins and additives, increased the prices of solvent borne and waterborne acrylics resins in Europe, Middle East and Africa during March 2021. This price hike further increased the price of critical raw materials, leading to an increase to US$0.18 /Kg (€/0.15 kg). Thus, the cost of raw materials is continuously increasing or fluctuating because of factors such as transportation & logistics, increasing demand, depletion of natural resources and more, which is affecting the price of water-borne pigment inks. Furthermore, in March 2021, the British Coatings Federation (BCF) has warned that a lack of critical raw materials and packaging, as well as major price hikes, could be the most pressing challenges for the coatings and printing ink industries in 2021. Thus, the volatility and increase in prices of raw materials such as titanium dioxide, acrylic, epoxy, polyamide and more is expected to create a significant challenge for the water-borne pigment inks market manufacturers during the forecast period.
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The curing time, printing speed, and cost restriction of water-based pigment inks is also restricting the growth of the Water-Based Pigment Inks For Textile & Apparel Market
As much as water-based pigment inks has advantages, it also has various disadvantages such as high cost, more curing time, and printing speed restriction. This is limiting the growth of the Water-Based Pigment Inks For Textile & Apparel Market. When compared to solvent based pigment inks, water-based pigment inks take significantly longer time to cure. During the curing phase, water-based pigment inks are more vulnerable to effect of environmental conditions, such as temperature and humidity. Hence, solvent-based resins are preferred for applications in humid environments that don't allow water-based pigment inks to cure properly. Also, solvent-based pigment inks are typically more resilient than water-based resins during the curing of the coating. According to the Lawson Screen & Digital Products, Inc., water-Based Ink can be more expensive and it doesn't work well dark colored garments because of its lack of opacity and bleed-resistance. In addition, the capital and fixed costs of switching from solvent-based to water-based technology are significant. Hence, solvent-based resins are still widely used by small-scale businesses in developing countries. Furthermore, due to the high surface energy of the water component, water-based pigment inks cannot wet and print smoothly on textile and apparel materials. According to the Ink Intelligence LLC, in the modern textile printing, the biggest challenge for water-based inks is to keep up with the high press speeds (in excess of 1000 ft/min) commonly in place for solvent inks. This is restricting the growth of the Water-Based Pigment Inks For Textile & Apparel Market.
Water-Based Pigment Inks For Textile & Apparel Market Industry Outlook
Acquisitions and mergers, production expansion, facility expansion collaborations, partnerships, investments, are some of the key strategies adopted by players in the Water-Based Pigment Inks For Textile & Apparel Market. Major players in the Water-Based Pigment Inks For Textile & Apparel Market are:
Sun Chemical
DuPont de Nemours, Inc.
Huntsman Corporation
INX International Ink Co.
Mimaki Engineering Co., Ltd.
Avient Corporation
Huber Group
Spectrachem
Velvet Jet
Molkem
Inknovators
Achitex Minerva Group
Livingink
Virusinks
Covestro AG
Acquisitions/Technology Launches
In June 2021, Sun Chemical and DIC Corporation finalized the acquisition of BASF’s global pigments business, known as BASF Colors & Effects (BCE), a strategic partner which aims for high growth and high added value by expanding functional pigments into niche applications.
In June 2019, Huntsman Corporation launched a water-based digital ink “Novacron Advance. The product is used in cellulosic and polyester/cotton blends.
#Water-Based Pigment Inks For Textile & Apparel Market#Water-Based Pigment Inks For Textile & Apparel Market Share#Water-Based Pigment Inks For Textile & Apparel Market Size#Water-Based Pigment Inks For Textile & Apparel Market Forecast#Water-Based Pigment Inks For Textile & Apparel Market Report#Water-Based Pigment Inks For Textile & Apparel Market Growth
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Athletic Footwear Market Dynamics: A Comprehensive Analysis
The athletic footwear market comprises shoes designed for professional athletic or amateur sporting purposes. Athletic footwear is crafted with special soles, cushioning, breathability, and flexibility features to suit various sports. These shoes provide excellent shock absorption and support during high-impact exercises. The global athletic footwear industry is driven by rising health awareness, increasing participation in sports and fitness activities, and growing consumer spending on athletic apparel and footwear. The Global Athletic Footwear Market is estimated to be valued at US$ 85,047 Mn in 2024 and is expected to exhibit a CAGR of 1.8% over the forecast period 2023 to 2030. Key Takeaways Key players operating in the athletic footwear are Nike, Inc., Adidas Group, Crocs, Inc., Wolverine World Wide, Inc., Skechers U.S.A., Inc., Under Armour, Inc., Puma AG, Geox SpA, K- Swiss. Nike remains the dominant player with over 40% market share owing to its strong brand image, extensive distribution network, and consistent product innovation. The global athletic footwear market is expected to witness robust gains owing to steadily rising health awareness among youth and increasing participation in sporting events and recreational activities worldwide. Additionally, the growing demand for multi-activity and versatile athletic shoes suitable for both exercise and casual wear will further propel market growth over the forecast period. The athletic footwear market is witnessing increasing global footprint of key players. Industry leaders are expanding to untapped regional markets through strategic partnerships and acquisitions. At the same time, growing industrialization in developing nations is anticipated to drive significant market gains across Asia Pacific and Latin America through the forecast period. Market Key Trends
The athletic footwear market is increasingly shifting towards more sustainable sourcing practices and eco-friendly material innovation. Growing consumer consciousness about ethical and environmental impacts has pushed footwear brands to reduce carbon footprint and invest in green manufacturing. Many top brands have established sustainability goals and are actively collaborating with green materials suppliers and recycling firms. Meanwhile, advanced fabrics derived from recycled ocean plastics and other renewables are gaining traction in the industry.
Porter’s Analysis
Threat of new entrants: High initial capital investment required for manufacturing and distribution will limit new competition.
Bargaining power of buyers: Large buyers such as sports retailers can negotiate lower prices from brands.
Bargaining power of suppliers: A few key raw material suppliers for shoes gives them some bargaining power over brands.
Threat of new substitutes: Growth in popularity of minimal or barefoot running poses a threat to traditional athletic shoes.
Competitive rivalry: Market dominated by top brands results in competitive pressures to innovate and differentiate through performance, styling, endorsements. Geographical Regions
North America accounts for the largest share of the global athletic footwear market in terms of value, with the US alone making up over half of the regional market. The popularity of basketball and other team sports has fueled consistent demand for performance and lifestyle athletic shoes. Asia Pacific has emerged as the fastest growing regional market for athletic footwear. Countries like China, India and other developing economies are seeing rising incomes as well as an increased participation in recreational exercise and sports. This has translated to surging demand for affordable yet high-quality running, training and basketball shoes manufactured locally as well as imported brands.
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E-Commerce Apparel Market To Reach $1,160.56 Billion By 2030
E-Commerce Apparel Market Growth & Trends
The global e-commerce apparel market size is expected to reach USD 1,160.56 billion in 2030, registering a CAGR of 8.6% during the forecast period, according to a new report by Grand View Research, Inc. This can be accredited to growing demand for apparel from developed countries.
Boom in the e-commerce segment has been acting as a promoter for global market growth. The luxurious brands, which formerly were limited to the superior section of the civilization, traveling to fashion destinations like Paris and Milan have embraced people of all classes via the e-commerce channel. Ease of Payments, accessibility, and easy return policies are all producing a push for the market and are expected to accelerate the market growth during the forecast period.
Moreover, a lockdown circumstance has been observed throughout the COVID 19, and it showed an impact on the apparel market due to delayed supply of the raw material products. However, it significantly impacted the supply chain of the apparel market and manufacturing of the apparel products, across the globe. Moreover, the increasing acceptance of the e-commerce channels from the customers owing to changing buying patterns after the COVID outbreak had created opportunities for the market players. Thus, the market is expected to witness a healthy market growth rate during the forecast period.
The children’s apparel segment has been growing at a faster pace than the men’s and women’s apparel segments. The increasing trend of children's fashion showcases a wide range of attractive products, which is likely to accelerate the consumption rate. The increasing participation of the children in various activities like sports and arts is also expected to drive demand for the appropriate apparel in the coming years.
In North America, the market is projected to show a lucrative growth rate of 8.7% from 2022 to 2030 owing to rising demand for the women’s apparel across the region. Additionally, the U.S. has a vast number of brands actively functioning in the market, which includes Tommy Hilfiger, Ralph Lauren, Hollister, and Calvin Klein. Thus, the market has deep roots in the region and has an enormous influence across the globe. Moreover, changing consumers’ preferences and lifestyles is expected to propel the market growth during the forecast period. Thus all these factors are estimated to drive growth of this market within this region.
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E-Commerce Apparel Market Report Highlights
In Asia Pacific, the market is expected to witness the fastest CAGR of 9.4% from 2022 to 2030 owing to growing demand for the men’s and children’s apparel from developing nations such as China and India
The women’s apparel type segment accounted for the highest revenue share of more than 68.0% in 2021 owing to the rising demand for these products from the developed regions such as Europe and North America
Europe dominated the market and accounted for the revenue share of more than 36.0% in 2021 owing to rising demand for the women’s apparel as a result of the growing purchasing power of the women towards clothing
The men’s apparel type segment is expected to foresee the second-fastest CAGR of 8.4% from 2022 to 2030 due to the growing fashion consciousness amongst millennials
E-Commerce Apparel Market Segmentation
Grand View Research has segmented the global e-commerce apparel marketbased on the type and region:
E-commerce Apparel Type Outlook (Revenue, USD Billion, 2017 - 2030)
Women’s Apparel
Men’s Apparel
Children’s Apparel
E-commerce Apparel Regional Outlook (Revenue, USD Billion, 2017 - 2030)
North America
U.S.
Europe
Germany
U.K.
France
Asia Pacific
China
Japan
Central & South America
Brazil
Middle East & Africa
South Africa
List of Key Players of E-Commerce Apparel Market
Wal-Mart Inc.
Amazon, Inc.
JD.com, Inc.
Alibaba Group Holding Limited
EBay Inc.
Shopify Inc.
Rakuten Group, Inc.
Browse Full Report: https://www.grandviewresearch.com/industry-analysis/e-commerce-apparel-market-report
#E-Commerce Apparel Market#E-Commerce Apparel Market Size#E-Commerce Apparel Market Trends#E-Commerce Apparel Market Growth#E-Commerce Apparel Market Sales
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Overview of the Global Textile Coating Market
In the vast tapestry of industries that drive the global economy, few are as integral and diverse as the textile industry. Within this dynamic sector lies a lesser-known yet crucial segment - the Textile Coating Market. Textile coating plays a pivotal role in enhancing the functionality, durability, and aesthetic appeal of fabrics, making it a vital part of various industries ranging from fashion to automotive and healthcare. Let's delve into an overview of this market, exploring its key drivers, trends, and future prospects.
Understanding Textile Coating
Textile coating involves the process of applying a layer of polymer or other substances to a textile substrate. This coating can serve multiple purposes, such as waterproofing, flame resistance, antimicrobial properties, UV protection, and even aesthetic enhancements like adding sheen or texture. The application of coatings can transform ordinary fabrics into high-performance materials suitable for a wide array of applications.
Market Size and Growth
The global Textile Coating Market has witnessed significant growth in recent years and is projected to continue expanding. Factors such as increasing demand for coated textiles in industries like sports and outdoor apparel, automotive interiors, and medical textiles are driving this growth. According to recent market reports, the Textile Coating Market was valued at approximately USD 5.4 billion in 2020 and is expected to reach USD 7.2 billion by 2026, with a compound annual growth rate (CAGR) of around 4.8% during the forecast period.
Key Drivers of Growth
Several factors contribute to the growth of the Textile Coating Market:
Demand for Technical Textiles: The rise in demand for technical textiles, which require specialised coatings for functionalities like moisture management, durability, and insulation, is a major driver. These textiles find applications in sectors such as healthcare, construction, and geotextiles.
Advancements in Coating Technologies: Ongoing advancements in coating technologies, such as nanotechnology and plasma treatments, are expanding the possibilities for innovative and high-performance coated textiles. These technologies offer improvements in durability, breathability, and environmental sustainability.
Increasing Focus on Sustainability: With growing environmental concerns, there is a notable shift towards sustainable coating materials and processes. Water-based coatings and bio-based polymers are gaining traction as eco-friendly alternatives to traditional solvent-based coatings.
Rising Demand in Automotive Industry: The automotive sector is a significant consumer of coated textiles, using them in vehicle interiors, seating, and airbags. As the automotive industry evolves with the introduction of electric vehicles and autonomous driving, the demand for specialised coatings is expected to increase.
Regional Insights
The Textile Coating Market exhibits regional variations influenced by factors such as economic development, manufacturing capabilities, and end-user industries. Some key regional insights include:
Asia-Pacific: Dominating the market, Asia-Pacific accounts for a substantial share due to its thriving textile industry, particularly in countries like China, India, and Vietnam. The region's rapid industrialization and expanding automotive and construction sectors contribute to the demand for coated textiles.
North America: The region boasts a strong presence of leading manufacturers and technological innovators in textile coating. The demand for protective and performance textiles in industries like healthcare and defence drives the market in this region.
Europe: Known for its stringent regulations on chemicals and sustainability, Europe is witnessing a shift towards eco-friendly coating solutions. The region's fashion industry also contributes to the demand for aesthetically enhanced textiles.
Future Trends and Opportunities
Looking ahead, the Textile Coating Market presents several exciting trends and opportunities:
Smart Textiles: The integration of electronics and sensors into textiles is creating a new frontier of smart textiles. These textiles, with functionalities such as temperature regulation and health monitoring, require advanced coating technologies.
Medical Textiles: With an ageing population and increased focus on healthcare, the demand for medical textiles with antimicrobial and barrier properties is on the rise. Coatings play a crucial role in ensuring the effectiveness and safety of these textiles.
3D Printing: The convergence of textile coating and 3D printing technologies opens up possibilities for customizable, on-demand textile products. This combination allows for intricate designs and functional coatings to be applied during the printing process.
In conclusion, the Textile Coating Market stands as a vibrant and evolving segment within the broader textile industry. Its growth is driven by technological advancements, shifting consumer preferences, and the diverse applications of coated textiles across industries. As the world emphasises sustainability and innovation, the market is ripe with opportunities for manufacturers, researchers, and stakeholders to explore new materials, applications, and business models.
As we continue to weave innovation into the fabric of industry, the Textile Coating Market will undoubtedly remain a key thread in the tapestry of global commerce.
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Tennis Wear Market Report, Size, Share 2024 to 2032 by Reports and Insights
The Reports and Insights, a leading market research company, has recently releases report titled “Tennis Wear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Tennis Wear Market, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Tennis Wear Market?
The global tennis wear market size reached US$ 2.1 billion in 2023. Looking forward, Reports and Insights expects the market to reach US$ 2.8 billion in 2032, exhibiting a growth rate (CAGR) of 3.1% during 2024-2032.
What are Tennis Wear?
Tennis wear consists of athletic clothing specifically designed to enhance performance and comfort during tennis activities. This apparel usually includes moisture-wicking shirts, breathable shorts or skirts, and supportive tennis shoes with durable soles for optimal grip on the court. Designed to offer flexibility, freedom of movement, and effective temperature control, tennis wear helps players stay cool and comfortable while they play. Additionally, contemporary tennis wear often combines functionality with style, featuring advanced fabrics and stylish designs to meet the needs of both amateur and professional athletes.
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What are the growth prospects and trends in the Tennis Wear industry?
The tennis wear market growth is driven by various factors and trends. The tennis wear market is expanding as more people engage in tennis and seek high-performance athletic apparel. This market encompasses a variety of clothing designed for both comfort and functionality, including moisture-wicking shirts, breathable shorts and skirts, and durable tennis shoes. Growth in the market is fueled by advancements in fabric technology that enhance performance, as well as by the increasing popularity of tennis as both a recreational and competitive sport. Fashion trends also play a role, with consumers looking for stylish yet practical tennis wear. As the demand for quality tennis apparel rises among players of all levels, the market continues to grow with a wide range of options to suit different needs and tastes. Hence, all these factors contribute to tennis wear market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Product Type:
Tennis Apparel
Tops/Shirts
Shorts
Skirts/Dresses
Pants/Leggings
Jackets/Sweatshirts
Others
Tennis Footwear
Tennis Shoes
Socks
Tennis Accessories
Tennis Bags
Caps/Hats
Wristbands/Headbands
Gloves
Others
By Gender:
Men's Tennis Wear
Women's Tennis Wear
Unisex Tennis Wear
Kids' Tennis Wear
By Distribution Channel:
Online Retail
Offline Retail
Sports Retail Stores
Specialty Stores
Department Stores
Others
Market Segmentation By Region:
North America:
United States
Canada
Latin America:
Brazil
Mexico
Argentina
Rest of Latin America
Asia Pacific:
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Europe:
Germany
The U.K.
France
Spain
Italy
Russia
Poland
BENELUX
NORDIC
Rest of Europe
Middle East & Africa:
Saudi Arabia
United Arab Emirates
South Africa
Egypt
Israel
Rest of MEA
Who are the key players operating in the industry?
The report covers the major market players including:
Nike, Inc.
Adidas AG
Under Armour, Inc.
FILA Holdings Corp.
Lululemon Athletica Inc.
Lacoste S.A.
ASICS Corporation
Wilson Sporting Goods Co.
HEAD NV
Babolat VS S.A.
New Balance Athletics, Inc.
Puma SE
Yonex Co., Ltd.
Lotto Sport Italia S.p.A.
Diadora Sport S.p.A.
Others
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If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us:
Reports and Insights consistently mееt international benchmarks in the market research industry and maintain a kееn focus on providing only the highest quality of reports and analysis outlooks across markets, industries, domains, sectors, and verticals. We have bееn catering to varying market nееds and do not compromise on quality and research efforts in our objective to deliver only the very best to our clients globally.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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Hitting the Slopes with Success: Navigating the Winter Sports Equipment Market
As the first snowflakes fall and the mountains beckon, the winter sports equipment market gears up for another season of thrilling rides and frosty fun. This dynamic industry, valued at US$15 billion in 2024, is expected to carve its way to US$18.44 billion by 2029, fueled by an ever-growing passion for skiing, snowboarding, and other winter pursuits. But what drives this icy ascent? Let's explore the market size, share, and key trends shaping the snowy landscape.
Market Share: Where the Tracks Lead
North America, boasting snowy peaks and a strong sporting culture, holds the largest market share (35%), followed by Europe (30%), where winter sports hold tradition close. However, Asia Pacific is emerging as a major contender, projected to witness the fastest growth (6.8% CAGR) due to rising disposable incomes and growing interest in winter sports tourism.
Market Size: Beyond the Peaks
The equipment itself makes up the significant chunk of the market (60%), spanning skis, snowboards, boots, bindings, and helmets. Apparel takes the next slice (30%), with consumers seeking warmth, performance, and style. Accessories (10%) like goggles, poles, and bags complete the wintry picture.
Trendsetting Turns: Shaping the Future
Several trends are carving new paths in the winter sports equipment market:
Technological Advancements: Lighter, stronger materials, smart technology integration, and personalized fittings are enhancing performance and comfort.
Rental and Subscription Models: Offering easier access and affordability, these models attract new participants and encourage frequent upgrades.
Sustainability Focus: Eco-friendly materials, production processes, and responsible sourcing gain traction as consumers seek greener gear.
E-commerce Boom: Online platforms offer convenience and wider product selection, driving market growth, particularly in remote locations.
Experiential Focus: Beyond equipment, consumers seek tailored packages and adventure experiences, opening doors for collaborations with resorts and tourism providers.
Players on the Podium: Who's Leading the Charge?
The market features a mix of established giants and nimble players:
Global players: adidas, Nike, Under Armour, Salomon, Atomic, Head, Burton, K2.
Regional players: Rossignol, Dynastar, Lange, Dalbello, Elan, Völkl.
Niche players: Focusing on specific sports, technologies, or sustainability practices.
Navigating the Avalanche: A SWOT Analysis
Understanding the market's strengths, weaknesses, opportunities, and threats is crucial for success:
Strengths:
Growing popularity of winter sports, driven by health, adventure, and social aspects.
Increasing disposable incomes in key markets.
Technological advancements enhancing performance and attracting new participants.
Diverse product offerings catering to different needs and budgets.
Weaknesses:
Dependence on weather conditions and snowfall, vulnerable to climate change.
High initial investment cost for equipment, potentially hindering participation.
Safety concerns can deter some participants, especially beginners.
Seasonality can limit sales and profitability for businesses.
Opportunities:
Expanding into emerging markets with growing winter sports potential.
Developing innovative and sustainable products to attract eco-conscious consumers.
Leveraging digital technologies for e-commerce, personalized marketing, and data-driven insights.
Offering rental and subscription models to make participation more accessible.
Collaborating with resorts and tourism providers to create unique winter experiences.
Threats:
Economic downturns impacting consumer spending, especially on non-essential items.
Rising competition from alternative winter activities and entertainment options.
Increasing safety regulations and compliance burdens.
Potential disruptions from new technologies like snowless ski slopes.
The Last Descent: Powdery Potential Awaits
The winter sports equipment market presents a thrilling ride, filled with opportunities and challenges. By understanding the market dynamics, trends, and key players, businesses can carve their own path to success. Remember, adapting to shifting preferences, embracing sustainability, and offering innovative solutions will be key to reaching the peak of this dynamic and ever-evolving market.
#Winter Sports Equipment Market#Winter Sports Equipment Market Size#Winter Sports Equipment Market Share#Winter Sports Equipment Market Trends#Winter Sports Equipment Market Players
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Women Apparel Market is set for a Potential Growth Worldwide: Excellent Technology Trends with Business Analysis
Latest released the research study on Global Women Apparel Market, offers a detailed overview of the factors influencing the global business scope. Women Apparel Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Women Apparel The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are PVH (United States), Puma (Germany), LVMH (France), H&M (Sweden), Hermès (France), Gap Inc. (United States), Burberry (United Kingdom), L Brands (United States), Inditex (Spain), Kering (France), Prada S.p.A. (Italy), Ralph Lauren (United States), Nike (United States), Uniqlo (Japan), Adidas (Germany), Zara (Spain), Hugo Boss (Germany), Christian Dior SE(France)
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Women Apparel Market Definition:
Clothing is one of the basic need which keeps on changing the lifestyle and changes with the fashion trend. Women apparel refers to those items which may be worn by women including clothes, footwear, bags and others. Moreover, the rapid urbanization and the improvement in the standards of living coupled with increasing the disposable incomes have increased the market growth of the Global Women Apparel Market.
Market Trend:
Mass Customization
Premiumization through Well-Positioned Brands
Changing Lifestyle and Fashion Trend
Market Drivers:
Rapid Urbanization and Increasing Disposable Income
Expansion of Online Distribution Worldwide (Internet Of Thing)
Influence of Media, Celebrity Endorsement, Promotional Discount and Festive Sale
Market Opportunities:
Multi-Functional Clothing
The Global Women Apparel Market segments and Market Data Break Down are illuminated below:
by Type (Tops & Dresses, Bottom wear, Coats Jackets and Suits, Intimate Wear & Sleepwear, Sports/Active wear, Accessories, Others), Application (Below 20 Years, 20-40 Years, 40-60 Years, Above 60 Years), Distribution Channel (Online, Offline)
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Women Apparel Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Women Apparel market
Chapter 2: Exclusive Summary – the basic information of the Women Apparel Market.
Chapter 3: Displayingthe Market Dynamics- Drivers, Trends and Challenges of the Women Apparel
Chapter 4: Presenting the Women Apparel Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying market size by Type, End User and Region 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Women Apparel market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2021-2026).
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Women Apparel Market is a valuable source of guidance for individuals and companies in decision framework.
Data Sources & Methodology The primary sources involves the industry experts from the Global Women Apparel Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
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Athleisure Market Is Expected To Witness Higher Demands Till 2030
The global athleisure market size is expected to reach USD 662.56 billion by 2030, expanding at a CAGR of 9.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. Athleisure is a popular category as it taps into several broad trends, including a global shift toward consumers wearing more casual clothing & seeking comfortable clothing. The rising popularity of athletic activities that require performance clothing will support market growth. True Fit’s Fashion Genome (via Direct Commerce), which analyses data from 17,000 brands and 180 million True Fit users, confirms that athleisure orders have increased by 84% since the pandemic began; sales of women’s athleisure bottoms in the United Kingdom alone were five times higher in December 2020 than in April 2020. In addition, order volumes for men's athleisure wear sales increased by 20% from the previous year.
Target’s activewear line, All in Motion, which had only been launched before the pandemic, reportedly surpassed $1 billion in sales. Despite this bleak outlook for fresh commercial opportunities, independent gear manufacturers continue to emerge. The majority of these new firms are a result of their creators’ desire for a fresh running-apparel aesthetic or their ongoing hunt for high-quality athletic apparel. According to GQ, at least a dozen new businesses have joined the market with identical origin stories in the previous five years. The British companies Ashmei and Iffley Road; the Danish brand Doxarun; and the American brands Isaora and Tracksmith, are some examples. The demand for highly comfortable clothes with sports features while undertaking any activity has increased in recent years, and wide pockets and elastic knot elements have become important products for carrying large mobile phones, purses, and a few other daily essentials. The growing utility fashion trend has spurred the demand for utility-active apparel.
Request a free sample copy or view report summary: Athleisure Market Report
Athleisure Market Report Highlights
The mass athleisure segment dominated the overall market in 2023 and is projected to grow substantially over the forecast period
The rising popularity and benefits of yoga as a mind-body fitness activity is leading to an increased number of yoga enthusiasts across the world
North America had the largest revenue share in 2023 while Asia Pacific is anticipated to register the fastest CAGR from 2024 to 2030
The global industry is highly competitive owing to the presence of a large number of international and regional players that strive to innovate persistently
Athleisure Market Segmentation
Grand View Research has segmented the global athleisure market on the basis of type, product, end-user, distribution channel, and region:
Athleisure Type Outlook (Revenue, USD Billion, 2018 - 2030)
Mass
Premium
Athleisure Product Outlook (Revenue, USD Billion, 2018 - 2030)
Yoga Apparels
Tops
Pants
Shorts
Unitards
Capris
Others
Shirts
Leggings
Shorts
Others
Athleisure End-user Outlook (Revenue, USD Billion, 2018 - 2030)
Men
Women
Children
Athleisure Distribution Channel Outlook (Revenue, USD Billion, 2018 - 2030)
Online
Offline
Athleisure Regional Outlook (Revenue, USD Billion, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
France
Italy
Spain
Asia Pacific
China
Japan
India
Australia & New Zealand
Singapore
Central & South America
Brazil
Middle East & Africa
South Africa
UAE
List of Key Players of Athleisure Market
Hanes Brands, Inc.
Adidas AG
Vuori
PANGAIA
Under Armour, Inc.
Outerknown
EILEEN FISHER
Patagonia, Inc.
Wear Pact, LLC
Lululemon Athletica
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