Sportech Textiles Market To Grow At A Cagr Of 13.04% From 2021 To 2026|Amsilk Gmbh, Aquafil Spa, Baltex, Behrens Group, And More To Emerge As Key Players- Technavio


(MENAFN- PR Newswire) NEW YORK, July 20, 2023 /PRNewswire/ -- The
sportech textiles market size is expected to increase by USD 34.71 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 13.04% , according to Technavio –
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including - AMSilk GmbH, Aquafil Spa, Baltex, Behrens Group, Carvico Spa, Crypton LLC, HeiQ Materials AG, Lear Corp., Polartec LLC, Schoeller Textil AG, SKAPS Industries Inc., Solvay SA, Toray Industries Inc., Unifi Inc., DuPont de Nemours Inc., Teijin Ltd., and Garware Technical Fibres Ltd.
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Technavio has announced its latest market research report titled Global Sportech Textiles Market
Technavio has announced its latest market research report titled Global Sportech Textiles Market

Sportech Textiles Market Insights -

  • Vendors : 15+, Including AMSilk GmbH, Aquafil Spa, Baltex, Behrens Group, Carvico Spa, Crypton LLC, HeiQ Materials AG, Lear Corp., Polartec LLC, Schoeller Textil AG, SKAPS Industries Inc., Solvay SA, Toray Industries Inc., Unifi Inc., DuPont de Nemours Inc., Teijin Ltd., and Garware Technical Fibres Ltd., among others
  • Coverage:
    Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
  • Segments:
    Application (Sports shoe components, Sports composites, and Other sportech textiles) and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

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Key Drivers-
The increasing demand for sports apparel is one of the key factors driving the sportech textiles market growth.
Various sports apparel, such as jerseys, team uniforms, and other durable wear, for the performance training of athletes, are produced using Sportech textiles. Furthermore, the development and use of highly functional materials in sportswear and outdoor leisure clothing are rapidly increasing focus on the safety and performance of end-users. For instance, Ornot launched the Magic Shell Jacket knit with Polartec NeoShell fabric technology which is made of waterproof fabric and is stretchable, lightweight, and breathable. The demand for premium-priced, branded specialty fibers is increasing because it improves the dissipation of heat and moisture at high metabolic rates. Hence, these factors are expected to drive market growth during the forecast period.

Major Trends-
Rising innovative product launches is one of the major trends contributing to the sportech textiles market growth.
Functional materials have become more common in outdoor leisure and sportswear. Furthermore, sportech products demand balance in various properties of drape, warm protection, the barrier to liquids, antistatic, stretch, and physiological comfort . As a result, a lot of players are introducing innovative sportech textiles and fabrics that protect against wind, repel water, block UV rays, and kill bacteria and odors. For example, Polartec LLC introduced 100% recycled Power Air fabric. Moreover, this new Polartec Power Air fabric is also 25% lighter than the initial product. Hence, innovative product launches are expected to drive market growth during the forecast period.

Significant Challenges-
Volatility in raw material prices is one of the significant factors hindering the sportech textiles market growth.

This is because these materials are obtained from crude oil or forests. Sportech textiles are produced by using substrates such as paper, polymer film, and silicone. The systemic demand-supply imbalance in the global crude oil market is due to fluctuations in crude oil prices. As a result, it leads to uncertainty in the market, which increases production costs and reduces the profit margins of vendors. There has been a continuous rise in crude oil prices in recent years. The prices of the raw materials have been increased by the manufacturers of purified terephthalic acid (PTA), mono ethylene glycol (MEG), polyester chip, polyester fiber, and polyethylene terephthalate (PET). These raw materials are commonly used to manufacture sportech textiles. Hence, these factors are expected to restrict market growth during the forecast period.

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The Sportech textiles market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as prospects.

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What are the key data covered in this Sportech Textiles Market report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the sportech textiles market between 2022 and 2026
  • Precise estimation of the size of the sportech textiles market and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the sportech textiles market across APAC, North America, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of sportech textiles market vendors

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Sportech Textiles Market Scope

Report Coverage

Details

Base year

2021

Historic period

2017-2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 13.04%

Market Growth 2022-2026

USD 34.71 billion

Market structure

Fragmented

YoY growth 2022-2023
(%)

12.84

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 31%

Key countries

US, Canada, China, India, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

AMSilk GmbH, Aquafil Spa, Baltex, Behrens Group, Carvico Spa, Crypton LLC, HeiQ Materials AG, Lear Corp., Polartec LLC, Schoeller Textil AG, SKAPS Industries Inc., Solvay SA, Toray Industries Inc., Unifi Inc., DuPont de Nemours Inc., Teijin Ltd., and Garware Technical Fibres Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

  • 1.1 Market Overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

  • 5.1 Market segments
    • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
  • 5.2 Comparison by Application
    • Exhibit 26: Chart on Comparison by Application
    • Exhibit 27: Data Table on Comparison by Application
  • 5.3 Sports shoe components - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Sports shoe components - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Sports shoe components - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Sports shoe components - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Sports shoe components - Year-over-year growth 2021-2026 (%)
  • 5.4 Sports composites - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Sports composites - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Sports composites - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Sports composites - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Sports composites - Year-over-year growth 2021-2026 (%)
  • 5.5 Other sportech textiles - Market size and forecast 2021-2026
    • Exhibit 36: Chart on Other sportech textiles - Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on Other sportech textiles - Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on Other sportech textiles - Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Other sportech textiles - Year-over-year growth 2021-2026 (%)
  • 5.6 Market opportunity by Application
    • Exhibit 40: Market opportunity by Application ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 44: Chart on Geographic comparison
    • Exhibit 45: Data Table on Geographic comparison
  • 7.3 APAC - Market size and forecast 2021-2026
    • Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.4 North America - Market size and forecast 2021-2026
    • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.5 Europe - Market size and forecast 2021-2026
    • Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 China - Market size and forecast 2021-2026
    • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.9 US - Market size and forecast 2021-2026
    • Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.10 India - Market size and forecast 2021-2026
    • Exhibit 74: Chart on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on India - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on India - Year-over-year growth 2021-2026 (%)
  • 7.11 Germany - Market size and forecast 2021-2026
    • Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.12 Canada - Market size and forecast 2021-2026
    • Exhibit 82: Chart on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on Canada - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on Canada - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 89: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 90: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 91: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 92: Matrix on vendor position and classification
  • 10.3 AMSilk GmbH
    • Exhibit 93: AMSilk GmbH - Overview
    • Exhibit 94: AMSilk GmbH - Product / Service
    • Exhibit 95: AMSilk GmbH - Key offerings
  • 10.4 Aquafil Spa
    • Exhibit 96: Aquafil Spa - Overview
    • Exhibit 97: Aquafil Spa - Product / Service
    • Exhibit 98: Aquafil Spa - Key offerings
  • 10.5 Baltex
    • Exhibit 99: Baltex - Overview
    • Exhibit 100: Baltex - Product / Service
    • Exhibit 101: Baltex - Key offerings
  • 10.6 Behrens Group
    • Exhibit 102: Behrens Group - Overview
    • Exhibit 103: Behrens Group - Product / Service
    • Exhibit 104: Behrens Group - Key offerings
  • 10.7 Carvico Spa
    • Exhibit 105: Carvico Spa - Overview
    • Exhibit 106: Carvico Spa - Product / Service
    • Exhibit 107: Carvico Spa - Key offerings
  • 10.8 DuPont de Nemours Inc.
    • Exhibit 108: DuPont de Nemours Inc. - Overview
    • Exhibit 109: DuPont de Nemours Inc. - Business segments
    • Exhibit 110: DuPont de Nemours Inc. - Key offerings
    • Exhibit 111: DuPont de Nemours Inc. - Segment focus
  • 10.9 Schoeller Textil AG
    • Exhibit 112: Schoeller Textil AG - Overview
    • Exhibit 113: Schoeller Textil AG - Business segments
    • Exhibit 114: Schoeller Textil AG - Key offerings
    • Exhibit 115: Schoeller Textil AG - Segment focus
  • 10.10 SKAPS Industries Inc.
    • Exhibit 116: SKAPS Industries Inc. - Overview
    • Exhibit 117: SKAPS Industries Inc. - Product / Service
    • Exhibit 118: SKAPS Industries Inc. - Key offerings
  • 10.11 Solvay SA
    • Exhibit 119: Solvay SA - Overview
    • Exhibit 120: Solvay SA - Business segments
    • Exhibit 121: Solvay SA - Key offerings
    • Exhibit 122: Solvay SA - Segment focus
  • 10.12 Toray Industries Inc.
    • Exhibit 123: Toray Industries Inc. - Overview
    • Exhibit 124: Toray Industries Inc. - Business segments
    • Exhibit 125: Toray Industries Inc. - Key news
    • Exhibit 126: Toray Industries Inc. - Key offerings
    • Exhibit 127: Toray Industries Inc. - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 128: Inclusions checklist
    • Exhibit 129: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 130: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 131: Research methodology
    • Exhibit 132: Validation techniques employed for market sizing
    • Exhibit 133: Information sources
  • 11.5 List of abbreviations
    • Exhibit 134: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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