Netted Fabrics Market Size and Analysis, Trends, Recent Developments, and Forecast Till 2027
The growing demand from the automotive and the sports industry is driving the demand for the market.
Market Size – USD 272.8 Million in 2019, Market Growth - CAGR of 3.8%, Market Trends – High demand from developing nations.
The global Netted Fabrics market is forecast to reach USD 369.0 Million by 2027, according to a new report by Reports and Data. Netted Fabrics come under the most trending style of materials around the globe. They are processed from synthetic fibers, such as nylon and polyester, or from natural fibers, such as cotton and silk. The market is witnessing growth globally, in both the organized and the unorganized sector. This is primarily due to the increasing inclination towards cozy and durable apparel in the field of sports and changing fashion trends.
Netted Fabrics include mesh fabrics that are knitted loosely, allowing stretch and breathability, and hence these are used for manufacturing sports clothing. These clothes also have a fast-drying property, which makes them suitable for various sports. Another factor driving the market is that many bloggers and celebrities feature over social media websites while wearing netted fabric apparel, such as scarfs and stockings. This influences their fans and followers, thus leading to higher consumption of the product.
Trends of the fashion industry change over short intervals of time and act as a constraint for the Netted Fabrics Market. The high cost of raw material is also expected to act as a constraint for the market. Also, there is an increase in the penetration of natural organic cotton, and with large players investing in it, there can be a decline in the demand from the Netted Fabrics Market.
Key participants include Seattle Fabrics, ZS Fabrics, Taconic, Birdair, Fiberflon, The Chemours Company, Snyder Manufacturing Company, Ultraflexx, Jason Mills, LLC, and Stannek Netting, Inc., among others.
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The COVID-19 impact:
The COVID-19 Pandemic has led to lockdowns all around the world. Major industries are not functional under the current circumstances. Industries, such as sports apparel and automotive, which find extensive uses for Netted Fabrics, are also not operating, leading to reduced demand for the product. Major players involved in the manufacturing of the product are also not undertaking operations in the current situation, which has led a decline in the supply side of the market too. It is expected that once the situation becomes normal and the industries start operating again, the demand for Netted Fabrics will rise. Also, players involved in the market, who are not operating currently, are involved in innovations in their products, so that when the situation is normal again, they can capture a larger market share. This is expected to drive the growth of the market even further.
Further key findings from the report suggest
- Tulle occupied the largest market share of 37.7% in 2019. Tulle is the most prominent Netted Fabrics used in the clothing industry. It is made of a very fine net fabric. It is used for making soft net fabric for dresses, ruffles, trims, and overskirts.
- In terms of material, the Others Segment occupied 24.7% of the market share in 2019. The materials that come under this segment are cotton, silk, and Dacron. Dacron is a very popular material that finds applications in the medical industry, for the production of crepe bandages and band-aids. It offers high tensile strength and, thus, finds uses in making bulletproof vests, ship sails, light sporting equipment, and ropes.
- Utility occupied the largest share of the market share in 2019. It finds applications for making luggage, utility bags, seat covers, and chair or seat cushions.
- The Middle East and Africa are forecasted to grow at a CAGR of 2.8% in the forecast period. Countries like the UAE and Saudi Arabia are the reason for the growth of the market in the region. These countries have a large Muslim population, which drives the demand for netted hijabs. A larger inclination towards sports is also driving the market, due to an increased demand for sports apparel.
- In developing countries such as India, Brazil, and China, there is an ever-increasing interest in sports, which drives the demand for the market. New players have come into the market, which has made athleisure wear and sportswear affordable for the masses through online retailing.
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/netted-fabrics-market
For the purpose of this report, Reports and Data have segmented into the global Netted Fabrics market on the basis of product, material, application, and region:
Product Outlook (Revenue, USD Million; 2017-2027)
- Tulle
- Fishnet
- Others
Material Outlook (Revenue, USD Million; 2017-2027)
- Nylon
- Polyester
- Others
Application Outlook (Revenue, USD Million; 2017-2027)
- Clothing
- Utility
Regional Outlook (Revenue, USD Million; 2017-2027)
- North America
- Europe
- Asia Pacific
- MEA
- Latin America
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Table of Content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Netted Fabrics Market Segmentation & Impact Analysis
4.1. Netted Fabrics Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing demand for apparel in sports
4.2.2.2. Growing automotive industry
4.2.3. Market restraints analysis
4.2.3.1. High Cost of Material
4.2.3.2. Changing Fashion Trends
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
Continue….
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