NEWARK, Del, Nov. 23, 2023 (GLOBE NEWSWIRE) -- The global stain-resistant fabric market value is expected to rise from US$ 13,301.00 million in 2024 to US$ 72,853.80 million by 2034. This estimated growth is expected to be driven by a remarkable CAGR of 18.5% in the stain-resistant fabric market over the next decade.
Stain-resistant fabric market has forged a significant customer base in the past few years. The latest market estimates revealed by FMI analysts, indicate that the market is forecast to accumulate massive growth in the proceeding years. Manufacturers of stain-resistant fabric concentrate on elements like durability, sustainability, aesthetics, and functionality while developing these garments. This approach is proving successful in garnering new customers for stain-resistant fabrics.
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These garments have smoothly glided into the casual wear category, partially due to enhanced protection against stains offered by conventional clothing. The market for this apparel is also rising as aware and knowledgeable consumers seek garments that require less frequent dry cleaning and laundering. The attractiveness of stain-resistant fabric lies in its ability to save time as well as decrease energy usage, CO2 emissions, and water consumption.
Key Takeaways from the Stain-resistant Fabric Market Report
- The stain-resistant fabric market in the United States is predicted to expand at a CAGR of 10%, whereas in Canada the growth rate is predicted to represent 26% CAGR.
- Within Europe, Spain, Italy, and France, are expected to account for a growth rate of 28%, 24%, and 23% through 2034.
- India is predicted to display exponential growth in the upcoming years, as analysts of FMI estimate the country to expand at a CAGR of 31.3% through 2034.
- Australia and Singapore are other robust markets in Asia Pacific, recording CAGRs of 29.10% and 26.80% through 2034.
- Based on product type, nylon is predicted to acquire a market share of 27.90% in 2024.
- Hypermarket/supermarket segment is anticipated to obtain a market share of 24.90% in 2024.
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“Key players’ focus is expected to depart from developed to emerging economies the world over. This is due to the exponential growth potential reserved in these countries, namely India, Canada, Spain, Australia, Singapore, etc. Manufacturers are also focusing on increasing application areas of these apparel, as the industry aims to become dynamic in years to follow,” Opines Sneha Verghese, Senior Consultant for Consumer Goods and Products at Future Market Insights (FMI).
Key Players of Stain-resistant Fabric are Walking on the Staircase to Success
The focus area of leading players in stain-resistant fabric industry includes research and distinct developments. Market players are taking a cost-effective yet distinct route to gain repeated customers for stain-resistant fabrics. Typical non-organic growth strategies undertaken by leading players, such as partnerships, collaboration, expansion, mergers, and acquisition, are expected to consolidate their market position.
Key Companies
- Crypton
- Revolution Performance Fabric
- Bru Textiles
- Nanotex
- Dropel Fabric
- SuperFabric
- The Chemours Company
- Abercrombie Textiles
- Schoeller Textil AG
- Swiss Textile Finishing AG
- Others
New Developments Taking Place in the Stain-resistant Fabric Market
- In October 2023, Blueisland, a brand recognized for its unique and cost-effective approach to the fashion world, officially announced exciting new enhancements to wardrobes across the globe. In this exclusive line of Stain-proof and Breathable Clothing, fashion meets functionality. The new portfolio allows wearers to enhance their style quotient while efficiently combating the regular stains.
- In March 2022, ACS Applied Nano Materials, a research journal, published novel nanotechnology research that inspects real-world applications of super water-repellent cotton fibers.
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Market Segmentation of Stain-resistant Fabric Industry
By Type:
- Cotton
- Silk
- Velvet
- Denim
- Laminated fabric
- Stretch fabric
- Polyester
- Nylon
- Woven fabric
- Others
By Application:
- Household
- Commercial
- Hospitality
- Educational Institutes
- Others
By Distribution Channel:
- Direct
- Indirect
- Hypermarkets/Supermarkets
- Specialty Stores
- Independent Stores
- Online Store
By region:
- North America
- Latin America
- Europe
- Asia Pacific Except for Japan
- Japan
- The Middle East and Africa
Author by
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments about Consumer Retail Goods.
Her work primarily focuses on facilitating strategic decisions, planning and managing cross-functional business operations technology projects, and driving successful implementations. She has helped create insightful, relevant analyses of Food and beverage market reports and studies that include consumer market, retail, and manufacturer research perspectives. She has also been involved in several bulletins in food magazines and journals.
Explore Wide-Ranging Coverage of FMI's of Consumer Product Insights
- The global fabric softener market share is estimated to gain a revenue of US$ 23,386.40 million in 2024. Our consumer products domain experts opine that fabric softener providers can expect a healthy CAGR of 5.20% through 2034, with a forecast valuation of US$ 38,725.30 million by 2034.
- The fabric stain remover market forecast is estimated to be valued at US$ 10.48 billion in 2023 and is expected to total US$ 17 billion by 2033. The adoption of fabric stain remover is likely to advance at a CAGR of 4.9% during the forecast period.
- The Smart Fabric Market demand is likely to hold the global market at a moderate CAGR of 20% during the forecast period. The global market holds a forecasted revenue of US$ 2.9 Billion in 2022 and is likely to cross US$ 14.8 Billion by the end of 2032.
- The fabric care market growth is projected to grow from US$ 114.0 billion in 2023 to US$ 193.1 billion by 2033, expanding by 5.4 CAGR from 2023 to 2033.
- The global fabric odor eliminator market size is expected to develop at a CAGR of 6.8% and be valued at US$ 1,678.60 million in 2024. The global fabric odor eliminator market is expected to boost to a valuation of US$ 3,235.20 million by the end of 2034.
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