Dublin, March 14, 2019 (GLOBE NEWSWIRE) -- The "Global Sportech Textiles Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The sportech textiles market will register a CAGR of over 8% by 2023.

Factors such as lifestyle changes and the increasing participation in fitness activities have increased the demand for sportswear, athleisure, activewear, and gym vests. The rising demand for sports apparel drives the global sportech textiles market. Sportech textiles are used to produce sports apparels, including jerseys, team uniforms, and other durable wear, for performance training of athletes.

The increasing focus on the safety and performance of end-users has led to the development and use of highly functional materials in sportswear and outdoor leisure clothing. The high demand for active sportswear has led to the demand for premium priced, branded specialty fibers that improve dissipation of heat and moisture at high metabolic rates.

Government initiatives support sportech textiles market

Government initiatives and benefits such as tax concessions, special financial packages, and provisions for foreign and government investments attract vendors, improve the market condition, increase profits, and make consumers aware of the use of technical textiles such as sportech textiles.

Volatility in raw material prices

The prices of raw materials used to manufacture sportech textiles are extremely volatile as these materials are obtained from crude oil or forests. Price volatility will lead to inflation in raw material prices, which can increase the procurement cost and reduce profit margins for vendors.

Competitive Landscape

The market appears to be moderately fragmented with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key Players

  • DowDuPont
  • Schoeller Switzerland
  • SKAPS Industries
  • Solvay
  • Toray Industries, Inc.

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Comparison by application
  • Sports shoe components - Market size and forecast 2018-2023
  • Sports composites - Market size and forecast 2018-2023
  • Other sportech textiles - Market size and forecast 2018-2023
  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

  • Rising innovative product launches
  • Increasing number of strategic alliances
  • Growing sustainability practices in sportech textiles

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • DowDuPont
  • Schoeller Switzerland
  • SKAPS Industries
  • Solvay
  • Toray Industries, Inc.

For more information about this report visit https://www.researchandmarkets.com/research/fqkk4p/sportech_textiles?w=12

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Related Topics: Textiles