Global Sportech Textiles Market 2019-2023

Global Sportech Textiles Market 2019-2023

About this market

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. Technavio’s analysts have predicted that the sportech textiles market will register a CAGR of over 8% by 2023.

Market Overview

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.

For the detailed list of factors that will drive and challenge the growth of the sportech textiles market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be moderately fragmented and 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.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Sportech Textiles Market 2019-2023

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the growing sustainability practices in sportech textiles.”

According to the report, one of the major drivers for this market is the increasing popularity of sports in emerging countries.

Further, the report states that one of the major factors hindering the growth of this market is the adherence to high manufacturing standards.

Companies Mentioned

DowDuPont
schoeller Switzerland
SKAPS Industries
Solvay
TORAY INDUSTRIES INC.

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global textile market
      • Table Segments of global textile market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Sports shoe components - Market size and forecast 2018- 2023
      • Table Sports shoe components - Market size and forecast 2018-2023 ($ millions)
      • Table Sports shoe components - Year-over-year growth 2019-2023 (%)
    • Sports composites - Market size and forecast 2018-2023
      • Table Sports composites - Market size and forecast 2018-2023 ($ millions)
      • Table Sports composites - Year-over-year growth 2019-2023 (%)
    • Other sportech textiles - Market size and forecast 2018-2023
      • Table Other sportech textiles - Market size and forecast 2018-2023 ($ millions)
      • Table Other sportech textiles - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Parachute fabrics
      • Table Sports footwear components
      • Table Artificial turf
      • Table Sports composites
      • Table Impact of drivers and challenges
  • Market Trends
    • Rising innovative product launches
    • Increasing number of strategic alliances
    • Growing sustainability practices in sportech textiles
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • DowDuPont
      • Table DowDuPont - Vendor overview
      • Table DowDuPont - Business segments
      • Table DowDuPont - Organizational developments
      • Table DowDuPont - Geographic focus
      • Table DowDuPont - Segment focus
      • Table DowDuPont - Key offerings
    • schoeller Switzerland
      • Table schoeller Switzerland - Vendor overview
      • Table schoeller Switzerland - Business segments
      • Table schoeller Switzerland - Organizational developments
      • Table schoeller Switzerland - Key offerings
    • SKAPS Industries
      • Table SKAPS Industries - Vendor overview
      • Table SKAPS Industries - Product segments
      • Table SKAPS Industries - Organizational developments
      • Table SKAPS Industries - Key offerings
    • Solvay
      • Table Solvay - Vendor overview
      • Table Solvay - Business segments
      • Table Solvay - Organizational developments
      • Table Solvay - Geographic focus
      • Table Solvay - Segment focus
      • Table Solvay - Key offerings
    • TORAY INDUSTRIES, INC.
      • Table TORAY INDUSTRIES, INC. - Vendor overview
      • Table TORAY INDUSTRIES, INC. - Business segments
      • Table TORAY INDUSTRIES, INC. - Organizational developments
      • Table TORAY INDUSTRIES, INC. - Geographic focus
      • Table TORAY INDUSTRIES, INC. - Segment focus
      • Table TORAY INDUSTRIES, INC. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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