Global Blended Fabric Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Blended Fabric Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Blended Fabric market finds that the global Blended Fabric market reached a value of USD 86936.79 million in 2022. It’s expected that the market will achieve USD 98946.17 million by 2028, exhibiting a CAGR of 2.18% during the forecast period.

The impact of COVID-19 on the industrial chain

The downstream of the blended fabric industry chain is greatly affected by COVID-19. The upstream is less affected. At the same time, small companies are under greater pressure on the capital chain, which forces installation to reduce production and load. The upstream and midstream are mainly dominated by continuous production enterprises, while the downstream weaving link is labor-intensive and restricted by the logistics link. Due to high-speed closures in many places, the accumulation of corporate inventories has put pressure on inventory expansion. Due to the impact of the epidemic, textile and apparel companies orders have decreased.

A robust supply chain requires transparency, agility and responsiveness

A strong supply chain can maintain operations to ensure that blended fabric can be produced during a crisis. This is achieved through a determined strategy that prioritizes risk assessment and planning, information sharing, supplier redundancy, agility and responsiveness. Some companies may prefer to rely on domestic suppliers to ensure the robustness of their supply chains. However, creating constraints through trade and investment policies may limit the company's options for maintaining its business (for example, seeking layoffs from foreign suppliers). Multinational companies usually have experience in handling crises and value chain disruptions, and policies should support their efforts to establish a robust supply chain. A stable trade and investment environment provides them with the visibility they need to manage risk.

Large terminal market demand space

With the continuous development of the global economy and the continuous improvement of residents living standards, the textile industry will maintain stable development, thereby providing sufficient space for the development of the blended fabric industry. In addition, with the deepening of people's awareness of animal protection in recent years, internationally renowned brands including Armani, Gucci, Versace, etc. have successively announced that they will stop using natural animal fur. In the future, the imitation and luxury of artificial fur produced with chemical fibers will continue to increase, and will gradually replace some natural furs. This factor promotes the development of the blended fabric market.

Marketing network challenges

Marketing network is the survival basis of blended fabric enterprises, the key to building a good brand, and the foundation of winning the market and consumers. Expanding, constructing, operating, controlling and making good use of the advantages of the marketing network, blended fabric companies can continuously launch their own products, provide high-quality services, deliver brand ideas, and seize market opportunities. It takes a lot of manpower, capital, and long-term investment to build a sales network that suits its brand positioning, and has obvious advantages in quantity and service quality, but it is difficult for small businesses to establish a high-quality sales network in a short time. This factor has become a challenge for the development of the blended fabric market.

Region Overview:

In global comparison, a significant portion of the revenue was generated in Asia Pacific (71.19% in 2021).

Company Overview:

Weiqiao Textile is one of the major players operating in the Blended Fabric market, holding a share of 0.38% in 2022.

Weiqiao Textile

Weiqiao Textile is mainly engaged in the production, sales and distribution of cotton yarn, cloth return and denim. It is the largest cotton textile manufacturer in China. Weiqiao Textile is currently the world's largest cotton textile enterprise with the largest textile capacity.

Toray

Toray manufactures fiber products including filament yarns, staple fibers, spun yarns, fabrics of nylon, polyester, acrylic and others. The Company also makes chemical products such as polyester films, engineering plastics, resin materials, and carbon fiber composite materials.

Segmentation Overview:

Among different product types, Polyester And Cotton Blended segment is anticipated to contribute the largest market share in 2027.

Application Overview:

The market's largest segment by application is the segment Clothing, with a market share of 56.65% in 2021.

Key Companies in the global Blended Fabric market covered in Chapter 3:

Toray
Yalta Industrial Co., Ltd.
Deepak Fibres Limited
Klopman
Weiqiao Textile
Proline Textile
Raymond Ltd.
Sahyog International
San Yueh Textile
Ruyi Group
Luthai Group
Rasik Vatika Silk Mills Private Ltd.
Kottex
Huafang Company
Kivanc Tekstil

In Chapter 4 and Chapter 14.2, on the basis of types, the Blended Fabric market from 2018 to 2029 is primarily split into:

Polyester and Cotton Blended
Elastane (Spandex) and Cotton Blended
Wool and Polyester Blended
Linen and Silk Blended
Cotton, Polyester, and Viscose Blended

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Blended Fabric market from 2018 to 2029 covers:

Clothing
Automotive
Furniture
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)