Technical Textiles Market

The global technical textiles market is predicted to grow steadily over the next eight years, with an anticipated increase in consumption volume and market value. From 2012 to 2022, there was a continuous growth in consumption, production, imports, and exports of technical textiles. Key countries such as China, the United States, and the Philippines play a significant role in the market, with varying rates of growth in consumption and production. The market is driven by increasing demand for textile products and articles for technical uses worldwide, with a positive outlook for steady growth in the coming years.

Market Forecast

Driven by increasing demand for textile products and articles for technical uses worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +2.1% for the period from 2022 to 2030, which is projected to bring the market volume to 1.3M tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +4.1% for the period from 2022 to 2030, which is projected to bring the market value to $19.4B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Textile Products And Articles For Technical Uses

Global technical textiles consumption expanded modestly to 1.1M tons in 2022, increasing by 2.1% against the year before. The total consumption volume increased at an average annual rate of +1.9% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of 4.5%. Global consumption peaked in 2022 and is expected to retain growth in years to come.

The global technical textiles market size expanded slightly to $14B in 2022, growing by 1.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 6%. Over the period under review, the global market reached the peak level in 2022 and is likely to see steady growth in years to come.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were China (143K tons), the United States (138K tons) and the Philippines (70K tons), with a combined 33% share of global consumption.

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by the Philippines (with a CAGR of +20.9%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($1.7B), Japan ($1.6B) and China ($985M) were the countries with the highest levels of market value in 2022, with a combined 30% share of the global market. Canada, Mexico, Nigeria, the Philippines, Brazil, Indonesia, Bangladesh and Pakistan lagged somewhat behind, together accounting for a further 15%.

The Philippines, with a CAGR of +19.5%, saw the highest growth rate of market size in terms of the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.

The countries with the highest levels of technical textiles per capita consumption in 2022 were the Philippines (624 kg per 1000 persons), Canada (457 kg per 1000 persons) and the United States (410 kg per 1000 persons).

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of +19.2%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Textile Products And Articles For Technical Uses

In 2022, production of textile products and articles for technical uses decreased by -4.6% to 998K tons for the first time since 2018, thus ending a three-year rising trend. The total output volume increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2019 when the production volume increased by 10%. Global production peaked at 1M tons in 2021, and then contracted slightly in the following year.

In value terms, technical textiles production contracted to $13.4B in 2022 estimated in export price. In general, production, however, continues to indicate a mild expansion. The growth pace was the most rapid in 2018 with an increase of 7.9% against the previous year. Global production peaked at $14.7B in 2019; however, from 2020 to 2022, production remained at a lower figure.

Production By Country

China (289K tons) constituted the country with the largest volume of technical textiles production, comprising approx. 29% of total volume. Moreover, technical textiles production in China exceeded the figures recorded by the second-largest producer, the United States (85K tons), threefold. The third position in this ranking was held by Pakistan (35K tons), with a 3.5% share.

From 2012 to 2022, the average annual growth rate of volume in China amounted to +3.9%. The remaining producing countries recorded the following average annual rates of production growth: the United States (-2.2% per year) and Pakistan (+2.4% per year).

Imports

World Imports of Textile Products And Articles For Technical Uses

In 2022, purchases abroad of textile products and articles for technical uses increased by 13% to 505K tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +3.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 14% against the previous year. Global imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, technical textiles imports rose slightly to $6.8B in 2022. The total import value increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 14% against the previous year. Over the period under review, global imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Imports By Country

The United States (84K tons) and the Philippines (71K tons) represented roughly 31% of total imports in 2022. It was distantly followed by Germany (24K tons), making up a 4.8% share of total imports. Canada (19K tons), the Netherlands (16K tons), India (15K tons), Italy (13K tons), France (13K tons), Japan (12K tons), China (12K tons), Poland (11K tons), Malaysia (9.9K tons) and Russia (9K tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Philippines (with a CAGR of +21.0%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest technical textiles importing markets worldwide were the United States ($1B), Germany ($527M) and China ($496M), together comprising 30% of global imports. Japan, the Netherlands, Canada, Italy, France, Poland, India, Russia, Malaysia and the Philippines lagged somewhat behind, together comprising a further 23%.

In terms of the main importing countries, the Philippines, with a CAGR of +10.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Imports By Type

Textile products and articles for technical uses; specified in note 7 to this chapter represented the main imported product with an import of around 379K tons, which recorded 76% of total imports. Textiles; transmission or conveyor belts or belting, of textile material, whether or not reinforced with metal or other material (65K tons) ranks second in terms of the total imports with a 13% share, followed by textile hosepiping and similar textile tubing (10%).

Imports of textile products and articles for technical uses; specified in note 7 to this chapter increased at an average annual rate of +4.2% from 2012 to 2022. At the same time, textiles; transmission or conveyor belts or belting, of textile material, whether or not reinforced with metal or other material (+4.8%) and textile hosepiping and similar textile tubing (+2.2%) displayed positive paces of growth. Moreover, textiles; transmission or conveyor belts or belting, of textile material, whether or not reinforced with metal or other material emerged as the fastest-growing type imported in the world, with a CAGR of +4.8% from 2012-2022. While the share of textile products and articles for technical uses; specified in note 7 to this chapter (+1.6 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of textile hosepiping and similar textile tubing (-1.9 p.p.) displayed negative dynamics. The shares of the other products remained relatively stable throughout the analyzed period.

In value terms, textile products and articles for technical uses; specified in note 7 to this chapter ($5.6B) constitutes the largest type of textile products and articles for technical uses imported worldwide, comprising 83% of global imports. The second position in the ranking was held by textiles; transmission or conveyor belts or belting, of textile material, whether or not reinforced with metal or other material ($713M), with an 11% share of global imports. It was followed by textile hosepiping and similar textile tubing, with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of the value of textile products and articles for technical uses; specified in note 7 to this chapter imports stood at +1.8%. With regard to the other imported products, the following average annual rates of growth were recorded: textiles; transmission or conveyor belts or belting, of textile material, whether or not reinforced with metal or other material (+4.2% per year) and textile hosepiping and similar textile tubing (+1.3% per year).

Import Prices By Type

In 2022, the average technical textiles import price amounted to $13,416 per ton, which is down by -10.1% against the previous year. Over the period under review, the import price continues to indicate a mild downturn. The growth pace was the most rapid in 2017 when the average import price increased by 2.1%. Global import price peaked at $15,934 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major imported products. In 2022, the product with the highest price was textile products and articles for technical uses; specified in note 7 to this chapter ($14,907 per ton), while the price for textile hosepiping and similar textile tubing ($6,948 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by textile wicks, woven, plaited or knitted; for lamps, stoves, lighters, candles or the like; incandescent gas mantles and tubular knitted gas mantle fabric therefor, whether or not impregnated (+3.7%), while the other products experienced a decline in the import price figures.

Import Prices By Country

The average technical textiles import price stood at $13,416 per ton in 2022, waning by -10.1% against the previous year. Over the period under review, the import price saw a slight decline. The most prominent rate of growth was recorded in 2017 an increase of 2.1% against the previous year. Over the period under review, average import prices reached the peak figure at $15,934 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($42,095 per ton), while the Philippines ($983 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.6%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Textile Products And Articles For Technical Uses

In 2022, global exports of textile products and articles for technical uses fell modestly to 429K tons, reducing by -2.7% compared with the previous year's figure. The total export volume increased at an average annual rate of +1.9% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when exports increased by 28% against the previous year. The global exports peaked at 441K tons in 2021, and then dropped in the following year.

In value terms, technical textiles exports declined slightly to $7B in 2022. The total export value increased at an average annual rate of +2.6% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 16% against the previous year. As a result, the exports attained the peak of $7B, and then fell modestly in the following year.

Exports By Country

China was the largest exporting country with an export of about 158K tons, which finished at 37% of total exports. Germany (40K tons) took a 9.2% share (based on physical terms) of total exports, which put it in second place, followed by the United States (7.1%). The following exporters - Italy (19K tons), the Netherlands (15K tons), India (11K tons), Mexico (11K tons), Poland (10K tons), Japan (8.8K tons), Belgium (8.7K tons), the Czech Republic (8K tons), Spain (7.8K tons) and France (7.3K tons) - together made up 25% of total exports.

From 2012 to 2022, average annual rates of growth with regard to technical textiles exports from China stood at +4.5%. At the same time, India (+19.6%), Poland (+10.9%), the Netherlands (+7.1%), Mexico (+6.1%), Japan (+2.8%), Germany (+2.5%) and the Czech Republic (+1.7%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of +19.6% from 2012-2022. France and Italy experienced a relatively flat trend pattern. By contrast, Belgium (-2.2%), the United States (-3.2%) and Spain (-4.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China and India increased by +8 and +2.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($1.2B), China ($1.1B) and the United States ($735M) were the countries with the highest levels of exports in 2022, with a combined 44% share of global exports. Japan, Italy, the Netherlands, Mexico, France, Belgium, the Czech Republic, Poland, Spain and India lagged somewhat behind, together comprising a further 28%.

India, with a CAGR of +11.5%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Exports By Type

Textile products and articles for technical uses; specified in note 7 to this chapter was the key type of textile products and articles for technical uses in the world, with the volume of exports reaching 298K tons, which was approx. 70% of total exports in 2022. It was distantly followed by textiles; transmission or conveyor belts or belting, of textile material, whether or not reinforced with metal or other material (63K tons) and textile hosepiping and similar textile tubing (63K tons), together comprising a 29% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to textile products and articles for technical uses; specified in note 7 to this chapter exports of stood at +2.4%. At the same time, textiles; transmission or conveyor belts or belting, of textile material, whether or not reinforced with metal or other material (+3.6%) displayed positive paces of growth. Moreover, textiles; transmission or conveyor belts or belting, of textile material, whether or not reinforced with metal or other material emerged as the fastest-growing type exported in the world, with a CAGR of +3.6% from 2012-2022. Textile hosepiping and similar textile tubing experienced a relatively flat trend pattern. While the share of textile products and articles for technical uses; specified in note 7 to this chapter (+2 p.p.) and textiles; transmission or conveyor belts or belting, of textile material, whether or not reinforced with metal or other material (+1.9 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of textile hosepiping and similar textile tubing (-3.6 p.p.) displayed negative dynamics.

In value terms, textile products and articles for technical uses; specified in note 7 to this chapter ($5.8B) remains the largest type of textile products and articles for technical uses supplied worldwide, comprising 84% of global exports. The second position in the ranking was held by textiles; transmission or conveyor belts or belting, of textile material, whether or not reinforced with metal or other material ($703M), with a 10% share of global exports. It was followed by textile hosepiping and similar textile tubing, with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of the value of textile products and articles for technical uses; specified in note 7 to this chapter exports totaled +2.6%. With regard to the other exported products, the following average annual rates of growth were recorded: textiles; transmission or conveyor belts or belting, of textile material, whether or not reinforced with metal or other material (+3.9% per year) and textile hosepiping and similar textile tubing (+0.1% per year).

Export Prices By Type

In 2022, the average technical textiles export price amounted to $16,223 per ton, rising by 1.6% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 18% against the previous year. Over the period under review, the average export prices reached the peak figure at $18,193 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by the product type; the product with the highest price was textile products and articles for technical uses; specified in note 7 to this chapter ($19,534 per ton), while the average price for exports of textile hosepiping and similar textile tubing ($6,184 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by textile wicks, woven, plaited or knitted; for lamps, stoves, lighters, candles or the like; incandescent gas mantles and tubular knitted gas mantle fabric therefor, whether or not impregnated (+1.5%), while the other products experienced more modest paces of growth.

Export Prices By Country

The average technical textiles export price stood at $16,223 per ton in 2022, rising by 1.6% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 18%. The global export price peaked at $18,193 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($42,950 per ton), while India ($6,933 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform