The Sportech Textiles Market is being driven by Increasing demand for sports apparel
The Sportech Textiles Market is expected to grow at a CAGR of 16.83% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 62225.4 million. The fashion industry has experienced a notable shift towards sustainability and ethical practices, with eco-friendly sportswear emerging as a significant trend. Consumers are increasingly mindful of the environmental impact of their clothing choices, leading to a surge in demand for sustainable textiles, particularly in the sportswear sector. Sportech textiles, with their focus on innovative, sustainable materials and production methods, are playing a pivotal role in driving this trend. The use of eco-friendly raw materials, such as recycled polyester and organic cotton, and energy-efficient manufacturing processes are key differentiators for sportech textiles in the market. This shift towards sustainable sportswear is not only beneficial for the environment but also aligns with evolving consumer preferences, making it a winning proposition for businesses in the fashion industry.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
175 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 16.83% |
Market growth 2024-2028 |
USD 62225.4 million |
Market structure |
fragmentation |
YoY growth 2023-2024(%) |
14.01 |
Key countries |
US, Canada, Germany, UK, Italy, France, China, India, Japan, Brazil, Egypt, UAE, Oman, Argentina, KSA, UAE, Brazil, Rest of World (ROW), China, US, India, Germany, and Canada |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Sportech Textiles Market encompasses various testing and manufacturing processes to ensure high-quality textile products. These include fabric breathability metrics, textile strength analysis, colorfastness testing, abrasion resistance, and UV protection. Additionally, moisture wicking fabrics, textile drape analysis, fabric dimensional stability, and yarn manufacturing techniques are utilized. Weaving process optimization, knitting machine technology, textile finishing chemicals, dye sublimation printing, and digital textile printing are also integral. Laser cutting textiles, water-resistant coatings, stain-resistant treatments, anti-static textile finishes, textile surface modification, hydrophobic fabric treatments, shape memory textiles, self-healing textiles, conductive textile yarns, thermochromic textiles, flexible circuit integration, energy harvesting textiles, biodegradable textile fibers, recycled textile content, sustainable textile dyeing, and eco-friendly textile finishes are among the advanced technologies and processes employed in the industry.
The Sportech Textiles Market, a segment of the larger global textiles industry, is primarily focused on the manufacturing of technical textiles, including high-performance fabrics and protective apparel systems. This market encompasses the production of synthetic fibers and the application of textile coating processes to create specialized textiles, such as geotextiles. The parent textiles market, which includes textiles used for various applications like fashion, technical, home furnishings, and others, excludes apparel, accessories, luxury goods, and footwear. According to Technavio, the global textiles market's growth will be fueled by the increasing demand for geotextiles, a type of synthetic, permeable textile, manufactured using polymers like polyester, polypropylene, polyethylene, and polyamides, which are widely used in civil engineering projects for soil reinforcement and filtration.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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