Authored By: Sarah
04 Jul 2023

Technical Textiles Market in Europe to grow by USD 8.5 bn through 2023-2027  

The rising need for technical textiles in the healthcare industry, and the rise in demand for lightweight and fuel-efficient transportation vehicles is notably driving the market for Technical Textiles Market in Europe. The technical textiles market in Europe is estimated to grow at a CAGR of 4.54% between 2022 and 2027 with a forecasted revenue increase of USD 8.5 billion

Textile products for medical applications include fibers, yarns, woven, knitted, nonwoven, PTFE felts, and mesh, among other things development of new types of textile fibers and manufacturing technologies for yarns and fabrics, new areas of application for medical textiles have been identified. experienced by patients and allow them to be comfortable.

Example of technical textile products includes Bedsheets, furniture, healthcare upholstery, filtration and abrasive materials, thermal protection and blood-absorbing materials, belts, adhesive tapes, and other specialized products as per applications in the healthcare sectorAll of these factors are likely to fuel the demand for technical textiles thereby boosting the regional market growth.

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When it comes to trends emergence of new technology in this industry is also noted with the connectivity of textile manufacturing devices via IoT applications, and increased automation of production and logistics processes. Furthermore, material-related innovations have resulted in the introduction of intriguing new solutions, such as the use of waste from citrus peels, milk, pineapple, and coffee grounds to produce new materials.

Vendors are aligning as per market trends and capitalizing on growth opportunities. Industry players are increasingly focusing on more environment-friendly textiles. Leading market players worth mentioning in this industry are Arville Textiles Ltd., Asahi Kasei Corp., Beaulieu Technical Textiles, Carvico Spa, Fothergill Group, Freudenberg SE,  and Kimberly Clark Corp. who are upgrading themselves with more R&D to enhance their market presence.

For example, Baltex operates under one segment, and this segment manufactures textiles such as mesh fabrics, natural fiber fabrics, and regen fabrics. The key offerings of the company include technical textiles. Our report includes qualitative and quantitative analyses of vendors with a wider understanding of the business ecosystem.  Order a free sample report today.

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