Technical Textiles Market By Product Type (Nonwoven Fabrics, Composites, Functional Textiles, Woven & Knitted Fabrics); By Application (Automotive, Medical, Construction, Agriculture, Sports & Outdoor Gear); By End-User (Automotive Manufacturers, Healthcare Providers, Construction & Infrastructure, Agriculture, Sports & Outdoor Gear); By Region, Segment Revenue Estimation, Forecast, 2024–2030

Introduction And Strategic Context

The Global Technical Textiles Market will witness a robust compound annual growth rate ( CAGR ) of 7.2 % , valued at USD 230.2 billion in 2024, and is expected to grow significantly to USD 349.3 billion by 2030, confirms Strategic Market Research.

 

Technical textiles, distinguished from conventional textiles, are designed for performance rather than aesthetics. These materials are engineered to meet specific functional requirements across various applications, including automotive, medical, agriculture, construction, and more. In 2024, the growing demand for lightweight, durable, and performance-enhancing textiles is driving a wave of innovation. The adoption of these textiles is accelerating as industries increasingly prioritize sustainability, safety, and improved performance.

 

The macro forces shaping this market include:

• Technological Advancements : Innovations in textile production, such as nanotechnology and smart textiles, are driving the development of high-performance materials.

• Regulatory Pressures : Governments across regions are focusing on sustainability, with increasing regulations encouraging the use of eco-friendly materials in textiles.

• Industry Demand : Various industries, including automotive and healthcare, are demanding advanced textiles for improved product performance and compliance with safety standards.

Key stakeholders in this ecosystem include Original Equipment Manufacturers ( OEMs ), textile manufacturers, suppliers, and end-users across multiple industries. Additionally, research institutions and innovators play a crucial role in developing new solutions, further propelling market growth.

In the coming years, the market will benefit from an increased focus on sustainability in manufacturing processes and products, offering ample opportunities for green and performance-driven innovations.

 

Market Segmentation And Forecast Scope

The technical textiles market is segmented based on product type, application, end user, and region. This segmentation helps in understanding the diverse uses of technical textiles across industries and the specific growth trajectories for each category.

By Product Type:

• Nonwoven Fabrics : Dominating the market, nonwoven textiles are used in a range of applications from hygiene products to automotive interiors. With a significant share of 42% of market revenue in 2024, this segment is poised to grow due to its versatility and cost-effectiveness in large-scale production.

• Composites : These are becoming increasingly popular in industries like automotive and aerospace due to their lightweight and high-strength properties. Composites are expected to grow at one of the fastest rates, driven by increased demand in the transportation sector.

• Functional Textiles : These textiles include smart and conductive fabrics, as well as textiles with built-in functionality such as UV protection, water resistance, and anti-microbial properties. This segment is gaining traction in the healthcare and sports industries.

• Woven and Knitted Fabrics : Used predominantly in apparel and outdoor gear, these textiles remain relevant in certain niche markets where durability and design flexibility are key.

 

By Application:

• Automotive : The automotive industry is the largest consumer of technical textiles, with a significant focus on lightweight materials for fuel efficiency and high-performance components for safety and comfort. By 2024, this application will account for nearly 30% of market value.

• Medical Textiles : Driven by the need for advanced wound care products, surgical gowns, and implants, this segment is growing rapidly. The integration of textiles with biocompatible materials will accelerate growth, particularly in healthcare devices.

• Construction : Technical textiles are used in construction for geotextiles and protective clothing. As urbanization rises globally, demand for these materials is increasing, especially for reinforcing materials in infrastructure.

• Agriculture : Agricultural textiles, including crop covers and nets, play an essential role in enhancing yield and protecting against environmental factors. This segment is expected to grow with the increasing need for sustainable agricultural practices.

 

By End-User:

• Automotive Manufacturers : Leading in the adoption of technical textiles, this end-user category uses textiles in vehicle interiors, under-the-hood applications, and exterior components.

• Healthcare Providers : The need for medical-grade textiles continues to expand, with hospitals and manufacturers demanding advanced textiles for various applications like wound care and sterilization.

• Construction and Infrastructure Companies : Growth in infrastructure projects and urbanization is driving increased use of geotextiles and reinforcement materials in construction and roadworks.

• Sports and Outdoor Gear Brands : With advancements in lightweight, durable, and performance-oriented textiles, brands are utilizing these materials in clothing and gear.

 

By Region:

• North America : Dominating the market due to the high demand from automotive and healthcare sectors. The region is projected to hold the largest market share in 2024, with rapid innovation in sustainable textiles.

• Europe : Known for its eco-conscious regulatory environment, Europe is expanding the technical textiles market with a focus on sustainability and innovation, especially in construction and automotive applications.

• Asia-Pacific : Expected to experience the highest growth, driven by booming manufacturing industries and increasing demand for technical textiles in agriculture, automotive, and construction. China and India are pivotal players in this growth.

• LAMEA : Latin America, Middle East, and Africa are expected to grow slowly but steadily, with certain niche markets emerging, especially in construction and healthcare.

The market’s trajectory is largely influenced by regional regulations, technological advancements, and industry-specific demands for performance-enhancing textiles.

 

Market Trends And Innovation Landscape

The technical textiles market is undergoing a rapid transformation, driven by technological advancements and evolving consumer demands across various industries. Innovation plays a pivotal role in shaping the future of this market, with new materials, functionalities, and applications emerging regularly.

Key Trends Driving Innovation:

• Sustainability and Eco-friendly Production : As environmental concerns increase, there is a growing emphasis on sustainable materials and eco-friendly manufacturing processes in technical textiles. Manufacturers are investing in biodegradable, recyclable, and low-impact textiles to meet regulatory requirements and consumer demand for greener products. For example, textile producers are working on using plant-based fibers , recycled polyester, and non-toxic dyes to create textiles with a minimal environmental footprint.

• Smart Textiles : The integration of electronics and textiles is a key innovation in the market. Smart textiles , which can respond to environmental stimuli or monitor the wearer's condition, are growing in popularity, particularly in healthcare and sports applications. These textiles may have built-in sensors that monitor vital signs like temperature or heart rate, offering real-time data for medical use or performance enhancement in sports gear. A notable advancement is the development of textiles that can monitor glucose levels or heart rate, improving patient care and management of chronic conditions.

• Lightweight and High-Performance Materials : Industries like automotive, aerospace, and defense are driving demand for lightweight and high-strength textiles that contribute to fuel efficiency, improved safety, and overall performance. Innovations in composite fabrics , such as carbon fiber -reinforced textiles, have led to lighter materials that do not sacrifice strength or durability. These fabrics are finding significant applications in aerospace , where reducing weight can have a direct impact on fuel costs and efficiency.

• Nanotechnology : Nanotechnology is revolutionizing the production of technical textiles. Through nanocoatings and fibers , textiles are being enhanced to offer better resistance to water, stains, and fire , as well as increased durability and strength. This is particularly important in sectors like military , construction , and medical applications, where durability and safety are paramount.

• Automation and Robotics in Manufacturing : The rise of automation and robotics is improving production efficiency and precision in technical textile manufacturing. Automated weaving and knitting machines are allowing for higher output while maintaining product quality. Additionally, robotic systems can now carry out complex tasks like cutting and assembling materials, reducing human error and increasing production speed.

• Recyclability and Waste Reduction : As part of the sustainability trend, the technical textiles sector is focusing on improving recyclability and reducing textile waste. Companies are developing fabrics that can be easily recycled and reused, which is particularly important in industries like fashion and automotive , where textile waste can be significant.

• Textiles for Defense and Protection : As global security concerns continue to grow, there is an increasing demand for technical textiles used in personal protective equipment (PPE) , ballistic vests , and armor fabrics . Innovations in textile structures, such as the use of aramid fibers in bulletproof vests, are improving safety for military and law enforcement personnel. The rise in geopolitical tensions and the focus on personal safety will likely drive further innovation in this area.

 

Mergers, Partnerships, and Collaborations:

• Collaborations between textile manufacturers and tech companies are accelerating the development of advanced smart textiles. For instance, Levi’s partnership with Google to create the Jacquard smart jacket demonstrates how textile innovations are moving towards wearable technologies.

• In automotive , manufacturers like BMW and Audi are collaborating with textile companies to incorporate high-performance textiles into vehicle interiors, from lightweight upholstery to soundproofing materials.

• Research institutions are also focusing on developing more efficient and sustainable textiles, including textiles made from natural fibers or those enhanced with nanomaterials to improve durability and functionality.

The future of technical textiles is intricately tied to ongoing innovations that cater to industry-specific challenges, whether it’s improving the recyclability of textiles or enhancing their protective properties for specialized applications.

 

Competitive Intelligence And Benchmarking

The technical textiles market is highly competitive, with numerous players across the supply chain, from raw material providers to textile manufacturers. Companies in this space are focusing on innovation, sustainability, and expanding their product portfolios to maintain a competitive edge.

Key Players and Competitive Strategies:

DuPont

• DuPont is a leading player in the technical textiles market, with a strong presence in both functional textiles and high-performance materials. The company’s Kevlar® and Nomex® brands are widely used in protective clothing, aerospace, and automotive applications. DuPont’s strategy focuses on expanding its sustainable product lines and investing heavily in R&D to drive innovations in textile performance, such as advanced flame-resistant fabrics and high-strength materials.

Global Reach : North America, Europe, and Asia-Pacific Key Differentiator : Strong portfolio of protective textiles for industrial and military applications.

 

Freudenberg Group

•  Freudenberg is a global leader in nonwoven textiles and a major player in technical textiles used in automotive, hygiene, medical, and construction applications. Their expertise lies in the development of advanced nonwoven materials that offer durability, high performance, and versatility.

Global Reach : Europe, North America, Asia-Pacific Key Differentiator : Leading in nonwoven textiles with a strong focus on sustainable and innovative solutions.

 

Huntsman Corporation

• Huntsman is a key player in the production of performance fibers and coated fabrics . Their Dyneema ® brand is one of the world’s strongest fibers , used in a variety of technical textile applications, including personal protective equipment, sports gear, and ropes. Huntsman’s emphasis is on developing textiles with superior strength-to-weight ratios and incorporating sustainable production methods.

Global Reach : North America, Europe, and Asia-Pacific Key Differentiator : Focus on high-performance fibers and sustainability, with strong applications in industrial and military sectors.

 

3M

• 3M is renowned for its innovations in functional textiles . Their Scotchgard™ and Filtrete ™ brands are highly regarded in the fields of water repellency , air filtration, and surface protection. 3M is aggressively expanding into smart textiles and medical applications, leveraging its expertise in adhesive technologies and materials science.

Global Reach : Global (North America, Europe, Asia-Pacific) Key Differentiator : Pioneer in functional textiles and adhesives, with a strong emphasis on cross-industry collaborations.

 

Toray Industries

• Toray is a Japanese multinational corporation and a major player in the development of high-performance fibers and composite materials . Toray’s Torayca ® and Trevira ® fibers are widely used in automotive, aerospace, and medical textiles. The company’s strategy focuses on expanding its textile offerings with advanced composite materials and eco-friendly innovations, aligning with the growing trend towards sustainability.

Global Reach : Asia-Pacific, Europe, North America Key Differentiator : Expertise in composite materials and eco-friendly solutions.

 

Berry

• Global A leading manufacturer of nonwoven fabrics, Berry Global supplies technical textiles to a wide range of industries, including automotive, healthcare, and consumer products. The company is known for its innovative nonwoven solutions that offer unique benefits such as better filtration and improved durability.

Global Reach : North America, Europe, and Asia-Pacific Key Differentiator : Leading provider of nonwoven materials with a strong focus on sustainability and high-performance products.

 

SGL Carbon

• SGL Carbon specializes in carbon-based materials, providing high-performance carbon fibers for technical textiles used in aerospace, automotive, and industrial applications. Their focus on advanced composite solutions and lightweight materials is central to the growing demand for energy-efficient and durable textiles.

Global Reach : Europe, North America, Asia-Pacific Key Differentiator : Expertise in carbon fiber composites, catering primarily to high-tech and industrial applications.

Competitive Dynamics:

• Price Sensitivity : In the high-performance segment, companies are less focused on competing solely on price and more on the ability to offer superior materials with specific functionalities.

• Innovation and Sustainability : With the growing importance of sustainability, key players are investing heavily in developing textiles that are recyclable, energy-efficient, and biodegradable. This is particularly important in regions with stringent environmental regulations, like Europe.

• Partnerships and Collaborations : Many companies are forming strategic alliances to expand their product offerings. For instance, DuPont and Huntsman have both engaged in joint ventures with automotive and aerospace manufacturers to supply specialized technical textiles.

The competitive landscape in the technical textiles market is dominated by a few major players that drive innovation in materials science and product development. These companies are strategically diversifying their portfolios to meet the evolving demands of industries such as automotive, healthcare, and construction.

Looking ahead, partnerships between textile manufacturers and end-users in industries like automotive and healthcare will be critical in shaping the future of the market.

 

Regional Landscape And Adoption Outlook

The adoption of technical textiles varies significantly across different regions, driven by factors like industrial demand, technological innovation, regulatory environments, and economic conditions. Let's break down the regional landscape for technical textiles and highlight the areas poised for the most significant growth.

North America

North America remains the largest market for technical textiles, primarily due to the strong industrial base and advanced technological infrastructure . The United States is a major consumer of technical textiles, driven by the automotive, aerospace, and healthcare industries. With an emphasis on automotive safety , medical textiles for surgical gowns and wound care, and the growing demand for functional textiles in consumer products, the region is expected to continue leading in terms of market share.

• Growth Drivers :

• Demand for lightweight and high-performance materials in the automotive and aerospace sectors .

• Sustainability trends pushing industries to adopt eco-friendly textiles.

• The growing use of medical textiles in healthcare applications.

• Adoption Outlook : North America’s market share is driven by both technological advancements and stringent regulatory frameworks, especially in medical and automotive sectors. Government regulations around sustainability are also pushing innovation in eco-friendly technical textiles, positioning the region for steady growth.

 

Europe

Europe, with its strong emphasis on sustainability , is seeing significant growth in technical textiles , particularly in the automotive and construction sectors. Countries like Germany , France , and Italy are at the forefront, where the demand for smart textiles and nonwoven materials is increasing. Regulatory bodies in Europe have placed significant pressure on industries to adopt greener technologies and reduce waste, further promoting the adoption of sustainable and recyclable textiles .

• Growth Drivers :

• Strong regulatory support for sustainable and eco-friendly products.

• Increasing demand for automotive textiles focused on improving fuel efficiency and safety.

• Research and development in smart textiles and functional fabrics .

• Adoption Outlook : Europe’s focus on circular economy principles and regulatory requirements around sustainability will continue to propel the market. Key innovations in green chemistry and textile recycling are expected to shape the future of technical textiles in this region.

 

Asia-Pacific

The Asia-Pacific region is projected to experience the fastest growth in the technical textiles market, driven by rapid industrialization and urbanization . Key markets like China , India , Japan , and South Korea are investing heavily in the development of automotive and construction textiles . The demand for agricultural textiles and protective clothing is also growing, particularly in India and China , where agriculture remains a critical part of the economy.

• Growth Drivers :

• Booming automotive and aerospace industries in China and Japan.

• The growing need for smart textiles in electronics, healthcare, and apparel.

• Government initiatives supporting technological innovation in manufacturing.

• Adoption Outlook : Asia-Pacific's rapid industrial growth, coupled with increasing demand for advanced textiles in various sectors, will make it the largest growth engine for the market. Technological adoption in textiles for smart solutions and sustainability will continue to dominate the market in the region.

 

Latin America, Middle East, and Africa (LAMEA)

The LAMEA region remains a smaller market for technical textiles, but growth prospects are bright due to increasing investment in infrastructure and construction, particularly in Brazil and Saudi Arabia . Government initiatives in these regions are encouraging the use of eco-friendly textiles in construction and agricultural applications. Additionally, the growing focus on personal protective equipment (PPE) and healthcare textiles in the Middle East is expected to drive demand.

• Growth Drivers :

• Expansion of infrastructure projects in Brazil and South Africa .

• Growing demand for medical textiles in the Middle East and PPE in Africa.

• Increasing adoption of agricultural textiles due to growing concerns over food security.

• Adoption Outlook : While the market in LAMEA remains in the early stages of growth, there is significant potential in construction , agriculture , and healthcare textiles . As the region continues to develop, the adoption of advanced textiles will be critical in addressing the infrastructure needs and sustainability goals of these countries.

 

Key Regional Dynamics:

• North America and Europe remain leaders in market share due to their strong industrial sectors and regulatory frameworks, with a growing emphasis on sustainability.

• Asia-Pacific is expected to experience the fastest growth, driven by rapid industrialization, urbanization, and technological innovation.

• LAMEA presents opportunities for growth, with Brazil , South Africa , and the Middle East investing heavily in infrastructure and healthcare, leading to an increased demand for technical textiles.

Overall, the global technical textiles market is experiencing dynamic regional growth. While established markets like North America and Europe will continue to innovate in sustainability and high-performance textiles, emerging markets in Asia-Pacific and LAMEA will drive much of the future expansion.

 

End-User Dynamics And Use Case

The technical textiles market serves a wide range of end-users, each with distinct needs and applications. From automotive manufacturers to healthcare providers , the demand for high-performance materials is growing as industries seek functional textiles that provide solutions for specific challenges. Let's explore how different end-users are adopting these textiles and how they contribute to market growth.

1. Automotive Manufacturers

In the automotive sector , the demand for technical textiles is surging due to the need for lightweight , durable , and high-performance materials . These textiles are used in vehicle interiors (seating, carpets, and headliners), under-the-hood applications (filters and insulation), and even in exterior components (textile-based coatings).

• Application Focus :

• Lightweight textiles for fuel efficiency and safety.

• Noise and vibration damping materials.

• Fire-resistant and heat-resistant fabrics used in car components.

In practice, an automotive manufacturer in Germany implemented advanced technical textiles in its car interiors to reduce overall vehicle weight. This change led to a noticeable improvement in fuel efficiency and compliance with stringent emissions regulations, making the vehicle more attractive in markets that prioritize eco-friendliness.

 

2. Healthcare Providers

The healthcare sector is another major consumer of technical textiles, especially in the form of medical textiles . From surgical gowns and bandages to implants and prosthetics , technical textiles are critical in improving patient care and safety. Innovations like biocompatible fabrics , antimicrobial textiles , and wound-healing fabrics are driving growth in this area.

• Application Focus :

• Implants and prosthetics .

• Wound care and surgical textiles .

• Protective clothing for healthcare workers.

For instance, a major hospital in the U.S. adopted antimicrobial surgical drapes made from advanced technical textiles. This significantly reduced the incidence of post-surgical infections, improving patient outcomes and reducing healthcare costs.

 

3. Construction and Infrastructure

The construction industry is increasingly relying on technical textiles for applications such as geotextiles , reinforcement fabrics , and protective coatings . These textiles are used to improve the strength and durability of structures, aid in soil stabilization , and prevent erosion . The growing demand for sustainable construction practices is further boosting the adoption of technical textiles.

• Application Focus :

• Geotextiles for drainage and soil stabilization.

• Reinforcement materials in roads, bridges, and buildings.

• Waterproofing and protective textiles .

In one instance, a construction firm in the Middle East used geotextiles in the foundations of a new highway, significantly improving soil stability and preventing erosion. The use of these materials led to more durable infrastructure, reducing maintenance costs in the long term.

 

4. Agriculture

Agricultural textiles are crucial in improving crop yield and sustainability . Crop covers , shade nets , and weed control fabrics are designed to protect plants from harsh environmental conditions. As the global population grows, the demand for agricultural textiles is increasing to ensure food security and efficient farming practices.

• Application Focus :

• Crop protection textiles like nets and covers.

• Agricultural machinery components.

• Water management textiles.

For example, a farming operation in Brazil adopted advanced crop covers made from technical textiles that provided protection from extreme weather, allowing crops to flourish and reducing losses caused by unpredictable conditions.

 

5. Sports and Outdoor Gear

The demand for technical textiles in sports and outdoor gear is rising as consumers seek high-performance fabrics that offer breathability , moisture-wicking , and temperature regulation . These textiles are used in apparel, tents, and equipment to enhance comfort and performance during physical activities.

• Application Focus :

• Sportswear for enhanced comfort and performance.

• Outdoor gear like tents and backpacks that require durability and weather resistance.

• Protective gear for extreme sports (e.g., padded clothing, helmets).

A major sports brand in North America integrated breathable, moisture-wicking fabrics in its new line of hiking jackets. The jackets offered enhanced comfort, moisture control, and durability in extreme weather, making them highly popular among outdoor enthusiasts.

 

Use Case Highlight:

A high-performance athletic brand in Europe sought to develop a line of smart sportswear for professional athletes. They partnered with textile manufacturers specializing in functional textiles to incorporate sensors that could track biometric data, such as heart rate and body temperature. The result was a line of smart jerseys used by top athletes for performance monitoring during training and competitions, helping to improve training outcomes and reduce injury risks.

This collaboration highlights the growing role of smart textiles in improving performance and providing actionable insights, particularly in high-end sports apparel.

End-users are increasingly adopting technical textiles to address functional needs, enhance safety, and improve efficiency across various industries. As innovations in smart fabrics and sustainable textiles progress, the applications and use cases will continue to expand, further driving market growth.

 

Recent Developments + Opportunities & Restraints

Recent Developments (Last 2 Years)

• Sustainable Innovations in Material Production : In 2024, DuPont launched a new line of bio-based technical textiles made from renewable resources. This initiative aims to reduce the carbon footprint of textile manufacturing and cater to growing demand for eco-friendly solutions in industries like automotive and apparel. This move aligns with the increasing global push towards sustainability in all manufacturing sectors.

• Smart Textiles Integration : In 2023, Toray Industries introduced its next-generation smart textiles , which incorporate sensors and conductive threads to monitor and improve user health. These textiles are designed for wearable health monitoring , offering real-time insights into physical performance. The company’s innovative textiles have been adopted by top athletes for performance tracking during training sessions.

• Breakthrough in Medical Textiles : Huntsman Corporation unveiled a new line of antimicrobial medical textiles designed for wound care and hospital gowns . This innovation helps reduce hospital-acquired infections, especially important as the healthcare industry continues to demand higher hygiene standards post-pandemic. This product received regulatory approval for use in surgical settings in 2024.

• Recyclability Advancements : Freudenberg Group made a significant leap forward in recyclability by introducing a new process for nonwoven fabrics that enables them to be recycled more easily. The company aims to reduce waste in automotive interiors and personal care applications , contributing to the global trend of circular economy principles in textiles.

• Strategic Mergers and Acquisitions : In late 2023, 3M acquired a key smart textile startup that specializes in integrating wearable technology into sports and medical textiles. This acquisition strengthens 3M’s position in the growing smart textiles market, allowing them to integrate biometric sensors into clothing and sports gear for real-time performance and health tracking.

 

Opportunities

• Expansion in Emerging Markets : With the rapid industrialization of Asia-Pacific , particularly in India and China , there is an increasing demand for technical textiles in industries like automotive , construction , and agriculture . Companies entering these markets can tap into a growing consumer base and benefit from lower production costs.

• Technological Advancements in Smart Textiles : As wearable tech continues to gain popularity, the market for smart textiles in healthcare, sports, and personal safety is set to explode. The ability to track biometrics , environmental conditions , and activity levels through textiles offers huge potential, particularly for athletic wear and medical garments .

• Sustainability-Driven Demand : The global shift towards eco-conscious production opens doors for bio-based fibers , recycled fabrics , and other sustainable textile innovations. Companies that focus on producing recyclable and biodegradable textiles will not only stay in line with regulations but also appeal to environmentally-conscious consumers.

• Growth in Medical and Healthcare Textiles : The COVID-19 pandemic has heightened the demand for medical textiles , especially those used in protective equipment (PPE), wound care , and bio-engineered fabrics . The ongoing need for safe, antimicrobial, and disposable textiles in healthcare settings presents long-term growth opportunities in this segment.

 

Restraints

• High Production Costs for Advanced Textiles : Despite growing demand, the high production costs associated with specialized technical textiles such as smart fabrics and high-performance composites may limit adoption, particularly in cost-sensitive markets. Overcoming these barriers is crucial for broader market penetration.

• Lack of Skilled Labor and Expertise : The complexity of producing advanced textiles —especially smart textiles that incorporate electronics—requires a skilled workforce. Companies in the market face challenges in finding and training the necessary talent, which could hinder innovation and slow production scalability.

• Regulatory and Certification Challenges : The increasing number of regulations related to safety , sustainability , and chemical composition of textiles can create barriers to entry, especially in highly regulated markets such as medical and automotive . Long certification processes for new products can delay market entry and affect profitability.

• Supply Chain Disruptions : The global supply chain for textiles, particularly the sourcing of raw materials like synthetic fibers and natural fibers , is prone to disruptions. Factors such as political instability, environmental issues, and natural disasters can impact the availability of essential materials, leading to delays in production and increased costs.

While there are challenges, the opportunities in sustainable innovations, emerging markets, and technological advancements in smart textiles offer substantial potential for growth. To succeed, companies must focus on scalability, cost management, and regulatory compliance.

 

7.1. Report Coverage Table

Report Attribute	Details
Forecast Period	2024 – 2030
Market Size Value in 2024	USD 230.2 Billion
Revenue Forecast in 2030	USD 349.3 Billion
Overall Growth Rate	CAGR of 7.2% (2024 – 2030)
Base Year for Estimation	2024
Historical Data	2019 – 2023
Unit	USD Million, CAGR (2024 – 2030)
Segmentation	By Product Type, By Application, By End User, By Geography
By Product Type	Nonwoven Fabrics, Composites, Functional Textiles, Woven & Knitted Fabrics
By Application	Automotive, Medical, Construction, Agriculture, Sports & Outdoor Gear
By End User	Automotive Manufacturers, Healthcare Providers, Construction & Infrastructure, Agriculture, Sports & Outdoor Gear
By Region	North America, Europe, Asia-Pacific, Latin America, Middle East & Africa
Country Scope	U.S., Germany, China, India, Japan, Brazil, South Korea, etc.
Market Drivers	Technological innovation, Sustainability, Increasing demand across industries
Customization Option	Available upon request