The global poly cotton fabric market is expected to register a CAGR of 3% by garnering a market value of US$ 594.01 million by the end of 2033. As of 2023, the market is expected to be valued at US$ 442 million. The growth of the market can be attributed to:
Data Points | Key Statistics |
---|---|
Expected Market Value (2023) | US$ 442 million |
Projected Market Value (2033) | US$ 594.01 million |
Growth Rate (2023 to 2033) | 3% CAGR |
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Poly cotton fabrics are known for their durability and versatility, making them a popular choice for a wide range of applications. The growing demand for durable and versatile textiles in North America is driving the growth of the poly cotton fabric market in the region.
Consumers in North America are becoming increasingly environmentally conscious, and as a result, there has been a growing demand for sustainable textiles. Poly cotton fabrics made from recycled polyester and organic cotton are a more sustainable option than traditional cotton fabrics, which is driving the growth of the market.
The governments in North America are promoting the growth of the textile industry through favorable initiatives, such as tax incentives and subsidies. These initiatives are supporting the growth of the poly cotton fabric market in the region.
The growth of the e-commerce industry in North America has led to an increase in demand for textiles, including poly cotton fabrics. E-commerce platforms provide easy access to a wide range of textiles, and this has been a significant driver of the growth of the market.
The apparel industry is the largest consumer of poly cotton fabrics, and the growing demand for affordable, durable, and comfortable clothing is expected to drive the growth of the market in the future.
The demand for sustainable textiles is expected to continue to grow in the future, and poly cotton fabrics made from recycled polyester and organic cotton are a more sustainable option than traditional cotton fabrics. The e-commerce industry has revolutionized the way people shop for textiles, and the growth of this industry is expected to drive the demand for poly cotton fabrics in the future.
Governments across the world are promoting the growth of the textile industry through favorable initiatives, such as tax incentives and subsidies. These initiatives are expected to support the growth of the poly cotton fabric market in the future.
The development of new technologies and manufacturing processes is expected to increase the efficiency of production and reduce the cost of poly cotton fabrics, making them more affordable and accessible to a wider range of consumers.
Poly Cotton fabric is a material which is a blend of natural cotton and synthetic polyester. Usually, the blend has a mix of 65% cotton and 35% polyester although the ratio can vary for different types of products. Poly cotton blends are gaining popularity as they make stronger, more customizable and versatile products that also dry quickly. This product is easily available at any textile outlet.
Generally poly cotton blends are segmented in lightweight: which are used for blouses and shirts and heavyweight: which are used for pants, undergarments and skirts. They are also used to make a variety of products such as curtains, bed sheets, linens, pillow covers, art canvas and tablecloths.
Pure cotton is significantly costlier than poly cotton. High strength, elasticity and tear-resistant are some of the properties supporting the growth in this segment. Further, improved shelf life, wrinkle-free nature, ease in sewing and no need to iron frequently are enhancing the scope of the product. The benefits including reduced costs, absence of skin irritation and less wear-tear are factors driving demand.
A growing trend of wearing slim-fit, breathable attire for sport activities and recreation purposes is a key driver for the growth of the poly cotton fabric market. Comfort, anti-shrinkage, elasticity, affordability and ease to dry are some of the reasons why poly cotton is expected to gain traction over cotton and polyester products in the following decade.
Changing the composition ratio of cotton and polyester to make new products like curtains, clothes and bed sheets is gaining momentum and is foreseen as a growing trend in the years to come. According to the World Trade Organization, as the sales and popularity of poly cotton products increases, the price of the material is expected to decline.
Hence poly cotton products are trending in the cloth and garment industry. The drawbacks of poly cotton materials is that it is slightly slippery in nature, absorbs moisture, does not thrive at high temperatures and is not suitable for popular high fashion hence may be seen as a less comfortable option than that of pure cotton.
The COVID-19 pandemic has impacted the global economy at various levels particularly the industrial sector. As a result, a substantial slowdown in manufacturing in the first six months of 2020 has been witnessed via reverberation through every industry including textiles. For the remaining half of the year the revival of the poly cotton fabric market is expected to take considerable uptime to reach the nominal growth stages.
North America continues to hold the majority market share as it is a hub for producing sports apparel which is a field witnessing tremendous growth in demand.
In 2018 USA exported 2.5 million tons of poly cotton and 3.6 million tons was produced. Asia-Pacific and Europe are expected to witness healthy growth owing to large demands for body-fit clothing and textile sectors. Middle East and Africa region are to witness moderate and slow growth. UAE, Kuwait and Turkey are an emerging market for sportswear and poly cotton clothes due to a change in lifestyle.
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Some of the key market participants in the global Poly Cotton Fabric market, identified across the value chain include:
The research report on the Poly Cotton Fabric market presents a comprehensive assessment, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.
The poly cotton fabric market report also contains projections using a suitable set of assumptions and methodologies. The report provides analysis and information according to market segments such as geography, aircraft type, and sales channel.
The global Poly Cotton fabric market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
The global Poly Cotton Fabric market can be segmented on the basis of material size, application and distribution channel.
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