Increase in population and other activities will create scope for application, encouraging growth in the coming years.
The global coated fabrics market size is projected to reach nearly USD 20.1 billion in 2020. Coated textiles are woven or non-woven textiles that have a particular coating applied to the surface or soaked into the material's bulk. The coating is often made of a polymer or elastomer that imparts certain qualities such as resistance to water, mildew, or sunlight. In sewn fabric dunnage, coated and laminated textiles are used to assist protect items during packaging, transportation, and assembly.
Rack bag designers want fabric dunnage materials that are sturdy, lightweight, and long-lasting, therefore part forms, sizes, and surfaces vary. The coated textiles industry has expanded significantly in recent years. This trend is expected to continue in the coming years due to global population expansion and the widespread usage of coated fabric in everyday life for a variety of activities. Taking this into account, the rise in population and other activities will generate opportunities for application, promoting growth in the next years.
The study also assesses the demand using value chain analysis to highlight the different characteristics of the global coated fabrics industry. Furthermore, the coated fabrics market report covers various qualitative aspects of the industry, such as market restraints, key industry drivers, and opportunities. In addition, the report offers a comprehensive analysis of the competition by company profiles and the competitiveness of local and global vendors.
The coated textiles industry will benefit from increased demand for commercial tents and protective apparel. Some of the market's main coated fabric producers have already begun developing specialized purpose coated textiles, and many more are expected to follow suit in order to stay up with the changing environment.
Coated textiles have been regularly used to sustain demand from end users as its parent market, i.e., fabric, plays an important role in today's day. Due to the ongoing crisis created by the COVID-19 pandemic, manufacturing and supply chain operations have seen a modest slowdown; however, the situation will improve with the economic recovery following the containment.
Key Segments of the Global Coated Fabrics Market
Product Overview, 2018-2028 (USD Billion)
- Fabric-backed wall coverings
Application Overview, 2018-2028 (USD Billion)
- Protective clothing
- Roofing & Canopies
- Furniture & Seating
- Rest of Europe
- Rest of Asia-Pacific
Middle East and Africa
- South Africa
- Rest of Middle East and Africa
- Rest of South America