|
Forecast Period
|
2024-2028
|
|
Market Size
(2022)
|
USD 337.65
million
|
|
CAGR
(2023-2028)
|
6.12%
|
|
Fastest Growing
Segment
|
Geotextiles
|
|
Largest Market
|
Saudi Arabia
|
Middle East
& Africa functional textiles market is projected to grow at a significant
CAGR in the upcoming years. Functional textiles refer to textile materials
produced with certain inbuilt functionalities to meet the end users additional
requirements apart from their basic purpose. In various manufacturing phases,
functional qualities are incorporated into the material, such as fiber, yarn
fabric, or garment stage. Most functional materials are used as chemical agents
capable of controlling various functional properties such as antibacterial,
anti-crease, fluorescent whitening agents, UV-protecting properties, and many
more.
Polyester and
viscose are the major types of functional textiles that are highly in demand in
the market. Growing uses of functional textiles in the medical market is a
major factor propelling the market growth. Owing to its characteristics, it is
used in the manufacturing of smart clothes, which are used for different
purposes like ultraviolet (UV)-protection, antibacterial, and anti-crease. It
has pushed the functional textiles market ahead. Government policies of UAE and
Turkey are attracting investment in the textile industries' thereby creating
new prospects for the growth of functional textiles market in the country in
the coming years. Furthermore, consumer awareness and growing applications due
to relevant research & developments are further supporting subsequent
market growth. These aspects are accelerating the region's market expansion for
functional textiles for the forecasted period.
Rising
Awareness About Functional Textiles are Market Driving Factors
As the climatic
conditions of the countries in MEA are very dry, functional textiles are going
to play a game changer in the regional textile industry due to the textile
properties. Moisture management qualities are essential in determining the
comfort and the performance of functional clothes such as activewear,
innerwear, and athletics. As a result, there is a tremendous demand for
functional sports gear due to the drastic lifestyle changes, rapidly aging
population, growing sports participation, and growing health consciousness
among the people. Functional textile has been used in textile industries for
various purposes, including developing advanced clothes like deodorant
functional textiles, protecting clothing, biosensing functional textiles,
sportswear, vanity functional textiles, and complex clothing assemblies like
military uniforms and space suits.
Growing
Demand from Medical Sector Propelling the Market Growth
Sticking
plaster, plaster casts, and operating theatre apparel are the invention of the
textile industry that made an essential contribution to the healthcare business.
It helps to protect healthcare professionals from getting contaminated through
blood and other infectious material during dealing with patients. As per the
reports, t the Middle east & Africa healthcare market was estimated to be
around USD788 million 2022 and is expected to rise at an impressive rate in the
projected [] period. This trend indicates that functional textile is going to
rise in the MEA region.
High Cost of
Material is Hindering the Growth
Functional
fabrics lie in the luxury category of textiles and are relatively expensive.
This in turn has limited their reach to the consumers. As a result, the cost
structure may curb the functional textile market's growth. The region holds the
majority of developing nations and developed countries, where the migrated
working-class people are in high numbers without insurance policies. Apart from
these, the low rate of adoption and the lack of extensive standards and
regulations are factors hindering the market growth.
Increasing
R&D For Better Product is Propelling the Market Growth
Incorporating
nanotechnology into textiles alters or improves fire resistance, electrical
capabilities, and monitoring. These functional textile materials produced with
enhanced characteristics through nanotechnology has several medical, aerospace,
and military uses. Through the incorporation of nanotechnology in functional
textiles several lightweight uniforms are produced that detect blood flow in
the body Also, lightweight combat suits, uniforms that can change color to attain
camouflage, and others are produced through the use of nanotechnology in
functional textiles. As many countries of MEA are developing space tourism,
there is an enormous opportunity for the growth of Middle east & Africa
functional textile market.
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Market
Segmentation
Middle East
& Africa functional textiles market has been segmented into Fiber Type,
Function, Garment Type, and Application. Based on fiber type, the market is
segmented into polyester and viscose. Based on function, the market is divided
into anti-bacterial, UV-cut, temperature regulation, water & oil repellent,
and others. Based on garment type, the market is divides into active &
sportswear, summer/winter wear, outdoor/camping gear, and others. Based on
application, the market is divides into geotextiles, personal protection,
medical, sports & leisure, and others.
Market
Players
Dyntex GmbH, Trevira
GmbH, Eclat Textile Corporation Ltd., Harvest SPF Textile Company Ltd., Toung
Loong Textile MFG, Sofileta, Kelheim Fibres GmbH are the key players operating
in the Middle East & Africa functional textiles market.
|
Attribute
|
Details
|
|
Base
Year
|
2022
|
|
Historic
Data
|
2017 – 2021
|
|
Estimated
Year
|
2023
|
|
Forecast
Period
|
2024 – 2028
|
|
Quantitative
Units
|
Revenue
in USD Million, and CAGR for 2018-2022 and 2023-2028
|
|
Report
coverage
|
Revenue forecast,
company share, competitive landscape, growth factors, and trends
|
|
Segments
covered
|
Fiber
Type
Function
Garment
Type
Application
|
|
Regional
scope
|
UAE, Saudi Arabia,
Turkey, South Africa, Egypt, Morocco, Kuwait, Qatar, Algeria, Libya.
|
|
Key
companies profiled
|
Dyntex
GmbH, Trevira GmbH, Eclat Textile Corporation Ltd., Harvest SPF Textile
Company Ltd., Toung Loong Textile MFG, Sofileta, Kelheim Fibres GmbH.
|
|
Customization
scope
|
10% free
report customization with purchase. Addition or alteration to country,
regional & segment scope.
|
|
Pricing
and purchase options
|
Avail
customized purchase options to meet your exact research needs. Explore purchase options
|
|
Delivery
Format
|
PDF and Excel through
Email (We can also provide the editable version of the report in PPT/Word
format on special request)
|
Report
Scope:
In this report,
Middle East & Africa functional textiles market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- Middle East & Africa Functional
Textiles Market, By Fiber Type:
- Middle East & Africa Functional
Textiles Market, By Function:
- Anti-bacterial
- UV-cut
- Temperature Regulation
- Water & Oil Repellent
- Others
- Middle East & Africa Functional
Textiles Market, By Garment Type:
- Active & Sports Wear
- Summer/Winter Wear
- Outdoor/Camping gear
- Others
- Middle East & Africa Functional
Textiles Market, By Application:
- Geotextiles
- Personal Protection
- Medical
- Sports & Leisure
- Others
- Middle East & Africa Functional
Textiles Market, By Country:
- UAE
- Saudi Arabia
- Turkey
- South Africa
- Egypt
- Morocco
- Kuwait
- Qatar
- Algeria
- Libya
Competitive
Landscape
Company
Profiles: Detailed
analysis of the major companies present in Middle East & Africa functional
textiles market.
Available
Customizations:
With the given
market data, TechSci Research offers customizations according to a company’s
specific needs. The following customization options are available for the
report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
Middle East
& Africa functional textiles market is an upcoming report to be released
soon. If you wish an early delivery of this report or want to confirm the date
of release, please contact us at
[email protected]