Find Out More About Fabric Protection Market Global Growth With Rising CAGR And Forecast Till 2025|Grand View Research, Inc.


The global fabric protection market size is expected to reach USD 1.53 billion by 2025, expanding at a CAGR of 4.6% over the forecast period, according to a new report by Grand View Research, Inc. Growing product demand for performance fabrics, owing to its advanced traits such as stain and water resistance, and antimicrobial properties are predicted to propel industry growth over the projected period.
The industry players are observed to enter long-term contracts with the raw material suppliers to maintain consistency in the raw material supply chain. The key raw materials used for fabric protection such as carbon dioxide, isopropyl alcohol, acetone, fluorochemicals are highly sensitive. Thus, raw material handling, storage, and transportation are expected to be major factors influencing the overall product pricing.
The key industry participants own several trademarks, which has emerged as a valuable asset for these companies. Product branding of these market players helps them gain extended consumer traction and strengthen their presence in the industry. This strategy is likely to be the key barrier for the emerging industry players, thereby lowering the threat of new entrants in this business.
To Request Sample Copy of this report, click the link:
https://www.grandviewresearch.com/industry-analysis/fabric-protection-market/request/rs4
Fabric protection products, although they are not toxic by nature, contain various hazardous chemicals, which leads to water or soil contamination. Rising awareness regarding the harmful effects of such raw materials on the environment as well as human health has led to numerous legislations & regulations governing this industry. However, innovations in the chemical field to manufacture eco-friendly raw, sustainable products is expected to have a positive impact on the industry growth.
Further Key Findings from the Report Suggest:
  • In 2018, upholstery fabrics including sofas, rugs, and carpets accounted for the largest share of 52.3%, owing to high aftermarket sales of these products as compared to other application segments
  • In the U.S. the demand for these products in footwear application was valued at USD 23.7 million in 2018, which can be attributed to high standards of living and high consumer spending capacities
  • The Asia Pacific, which dominated the industry in 2018, is also likely to emerge as the fastest market for these products owing to the rapid growth of the middle-class population in the countries including India and China
  • Rising use of water repellant, stain & dust resistant fabric protection products in the manufacturing of medical textiles, work and lab wear apparels is expected to drive the industry growth
  • The fabric protection market is highly competitive with a few players accounting for a significant market share, wherein wide distribution network, brand value, and well-established consumer base help sustain in the business
Product manufacturers are focusing on efforts in R&D to replace fluorinated chemicals in the product with non-fluorinated water repellent finishes. For instance, DuPont has developed a plant-based, non-fluorinated water repellent finish for fabric protection, which is being marketed under the brand name ‘Teflon Ecolite’. Such initiatives taken by the manufacturers to reduce the harmful impacts of these products is expected to have a positive impact on the industry growth.
Apparels protection is expected to witness fastest growth of 5.9% over the forecast period, owing to its wide use for stain resistance and water repellency for a range of apparels including outerwear, casual wear, and industrial uniforms, medical & surgical wear. In addition, rising demand for these products in recreational activities and adventurous sports clothing is expected to have a positive impact on the industry growth.
Browse Press Release of this report:
https://www.grandviewresearch.com/press-release/global-fabric-protection-market
The industry has a limited number of major players catering to the international market. The small and medium scale manufacturers were observed to supply their products in the local market. Also, many industry participants have adopted cost leadership strategy to gain competitive advantage over the other players, resulting into high industry rivalry.
The industry exhibits presence of well-established players, leading to intense competition. Furthermore, the market is capital intensive, thereby making it difficult for the new entrants to establish their business. Major clothing brands prefer long-term contracts with the established manufacturers with goodwill, further providing barriers to the entry of new players.
Grand View Research has segmented the fabric protection market on the basis of product:
Fabric Protection Application Outlook (Revenue, USD Million; 2014 - 2025)
  • Apparel
  • Footwear
  • Upholstery
The demand for fabric protectors in the manufacture of garments, footwear, and accessories is projected to drive the industry growth in Europe. The increasing demand for medical wear with excellent waterproof, dust repellent, and mechanical properties is likely to boost the product demand over the forecast period. Increasing medical tourism and rising investments in the hospitality segment in European countries are likely to support growth.
The Asia Pacific accounted for the largest market share, representing 52.3% of the total revenue, owing to the presence of emerging economies with a burgeoning population, rising consumer disposable income that are influencing consumer patterns & trends. Exponential industrialization and robust textile and clothing manufacturing sector in Asian countries such as China, Bangladesh, and Vietnam are expected to have a positive impact on fabric protection market growth.
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Comments

Post a Comment

Popular posts from this blog

Foot Orthotic Insoles Market 2026: What Will Be Changes In Investment Ratio With Opportunity Analysis?? |Grand View Research, Inc.

Image
The global foot orthotic insoles market size is expected to reach USD 5.5 billion by 2026 , according to a new report by Grand View Research, Inc., exhibiting a 6.3% CAGR during the forecast period. Growing incidence of diabetes and plantar fasciitis are expected to drive the market over the forecast period. Moreover, rapid urbanization and increasing disposable income are anticipated to propel growth in future. Technological advancements, spurred by ongoing investments in R&D, are expected to increase growth potential in the coming years. Moreover, rise in geriatric population, which is susceptible to orthopedic disorders, is impelling product demand globally. For instance, in 2017 as per the U.S. Census Bureau, the number of people aged 65 or older increased by 1.6 million from 2014 to 2015. In addition, increasing incidence of sports injuries and rising prevalence of osteosarcoma in the region has led to the need for various orthotics devices, which is expected to drive ...
Read more

A Look into Smokehouse Industry……Deep Analysis…..

Image
The global smokehouse market size is anticipated to reach USD 157.2 million by 2025 , according to a new report by Grand View Research, Inc. The market is anticipated to register a CAGR of 2.2% during the forecast period. Rising need for a healthy lifestyle has led consumers to prefer griller or barbequed food over fried food and other kinds of fast food. This trend is expected to have a positive impact on the market growth. The home care & decor industry has been witnessing inconsistent growth, since the Covid 19 outbreak. As a result of the ongoing pandemic crisis, there has been a drop in the overall performance of discretionary products such as decorative fixtures, bedding products, to name a few. The virus outbreak has, however, led to substantial growth in categories such as cleaning and hygiene products. Prominent growth in the e-commerce business is also one of the positive influences of the outbreak, wherein companies are focusing on expanding their distribution ...
Read more

A Look into Shapewear Industry……Deep Analysis…..

Image
The global shapewear market size is expected to reach USD 3.80 billion by 2025 registering a CAGR of 7.7%, according to a new report by Grand View Research, Inc. The introduction of various products according to the type of garments is expected to support the market growth in the years to come. Growing target population across the globe is also augmenting the market growth. Changing lifestyle incurs increased investment in fitness and related accessories, which has positively impacted the market growth. The clothing, footwear, & accessories industry is anticipated to witness checkered growth throughout 2020, as a result of the unprecedented supply chain disruptions caused by the COVID-19 outbreak worldwide. The expected decline in the global sales of clothing, footwear, & accessories is attributable to massive supply chain disruptions across significant export markets, including China and India. However, the industry is likely to recover over the forecast timeframe,...
Read more