Textile Felt Market – Global Industry Analysis and Forecast (2024-2030)

Textile Felt Market is expected to grow at a CAGR of 15.4% during the forecast period. Textile Felt Market is expected to reach USD 2.87 Bn by 2030.

Textile Felt Market Overview:

Felt is a textile material that is formed by matting, condensing, and pressing fibers together. The man-made fabric felt made of natural and synthetic fibers. The biodegradable nature of textile felt is expected to increase the demand for textile felt garments in the future. A majority of felt fabrics are recycled. For example, in the Netherlands, consumers and businesses produced 240 million kilograms of textile waste in 2018. From this, 130 million kilograms of textile waste is used to manufacture felt garments.Textile Felt MarketTo know about the Research Methodology :- Request Free Sample Report Increased usage of felt fabrics in architectural buildings is one more factor driving the global textile felt market. In modern buildings, usage of textile felts is witnessed on decorative elements, wall coverings, and furniture, because textile felts are soft and offer an aesthetic appeal to the object. MMR report has delivered a complete brief analysis research study on the global textile felt market, which describes the current market situation with the past, present, and future aspects in the textile felt market. At the start, the report represents primary information about the textile felt industry, which comprises the basic overview of the product, type of products, applications of the product, and different development steps in the textile industry. This report also covers the growth opportunities and the restraining factors of the textile felt market.

Textile Felt Market Segment Analysis:

The global Textile Felt market is segmented into Raw Material and Application. The raw material segment is further segmented into Natural Raw Material and Synthetic Raw Material. Natural Raw Material is further sub-segmented into Wool, Animal Fur, and Others. And Synthetic Raw Material is further sub-segmented into Acrylic, Polyester, Rayon, and Rayon/viscose Blend. Among these, the Natural Raw Material segment is expected to hold the xx% of market share by 2030, at the highest CAGR of xx% during the forecast period. Further detailed analysis of each segment is explained in the MMR report.

Textile Felt Market Regional Insights:

The global textile felt market is classified into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Among these, Asia Pacific is expected to hold the largest market share of xx% by 2030 followed by Europe. This is mainly because of supportive government rules in China and India, which are focusing on encouraging investments in their respective textile manufacturing sectors. For example, China is a world-leading producer and exporter of raw textiles and garments. The textile industry in the country has been booming, due to the low cost of labor, availability of land at a low cost, and supportive government guidelines. Also, India has ample availability of raw materials such as cotton, wool, silk, and jute. Europe is the second-largest market for textile felt because the countries in Europe such as Germany, Italy, and Spain are important felt exporters. For instance, Germany is the leading producer and net exporter of wool felt. Its exports amounted to three times more exports than Italy, the second-largest exporter. The other countries such as Mexico, Japan, Italy, and Spain are important felt exporters as well. The report focuses on the Textile Felt market value at the top regions and countries of the world, which shows a regional development, including market size, share, revenue, and much more across the globe. The report has covered, capacity, production value, cost/profit, and supply/demand by statistical analysis. A brief analysis of drivers, restraints, opportunities, and challenges in the market is also covered with examples by region. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. It also has covered the analysis of key player’s growth strategies, micro and macro analysis of markets, key developments, and key trends in the market.

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Textile Felt Market
Report Coverage Details
Base Year: 2023 Forecast Period: 2024-2030
Historical Data: 2018 to 2023 Market Size in 2023: USD 1.05 Bn.
Forecast Period 2024 to 2030 CAGR: 15.4% Market Size in 2030: USD 2.87 Bn.
Segments Covered: by Raw Material Natural Raw Material Wool Animal fur Others Synthetic Raw Material Acrylic Polyester Rayon Rayon/Viscose Blend
by Application Clothing Footwear Rugs Tents Craft Projects Others

Textile Felt Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Textile Felt Market, Key Players

1. Aetna Felt 2. Pugalia Woolen Mills Private Limited 3. Swicofil AG 4. Loyal Textile Mills Ltd. 5. FilzFelt 6. BWF Group 7. Roders Textiles 8. Boer Group Recycling Solutions 9. Masias Maquinaria 10.Others

Frequently Asked Questions:

Which region has the largest share in Global Textile Felt Market? Ans: Asia Pacific region held the highest share in 2023. What is the growth rate of Global Textile Felt Market? Ans: The Global Market is growing at a CAGR of 15.4% during forecasting period 2024-2030. What is scope of the Global Textile Felt Market report? Ans: Global Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. Who are the key players in Global Market? Ans: The important key players in the Global Market are – Aetna Felt,Pugalia Woolen Mills Private Limited,Swicofil AG, Loyal Textile Mills Ltd., FilzFelt, BWF Group,Roders Textiles,Boer Group Recycling Solutions,Masias Maquinaria. What is the study period of this Market? Ans: The Global Market is studied from 2023 to 2030.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Textile Felt Market Size, by Market Value (USD Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2023 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Textile Felt Market 3.4. Geographical Snapshot of the Textile Felt Market, By Manufacturer share 4. Global Textile Felt Market Overview, 2023-2030 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Textile Felt Market 5. Supply Side and Demand Side Indicators 6. Global Textile Felt Market Analysis and Forecast, 2023-2030 6.1. Global Textile Felt Market Size & Y-o-Y Growth Analysis. 7. Global Textile Felt Market Analysis and Forecasts, 2023-2030 7.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 7.1.1. Natural Raw Material 7.1.1.1. Wool 7.1.1.2. Animal Fur 7.1.1.3. Others 7.1.2. Synthetic Raw Material 7.1.2.1. Acrylic 7.1.2.2. Polyester 7.1.2.3. Rayon 7.1.2.4. Rayon/viscose Blend 7.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 7.2.1. Clothing 7.2.2. Footwear 7.2.3. Rugs 7.2.4. Tents 7.2.5. Craft Projects 7.2.6. Others 8. Global Textile Felt Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2023-2030 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Textile Felt Market Analysis and Forecasts, 2023-2030 9.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 9.1.1. Natural Raw Material 9.1.1.1. Wool 9.1.1.2. Animal Fur 9.1.1.3. Others 9.1.2. Synthetic Raw Material 9.1.2.1. Acrylic 9.1.2.2. Polyester 9.1.2.3. Rayon 9.1.2.4. Rayon/viscose Blend 9.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 9.2.1. Clothing 9.2.2. Footwear 9.2.3. Rugs 9.2.4. Tents 9.2.5. Craft Projects 9.2.6. Others 10. North America Textile Felt Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Textile Felt Market Analysis and Forecasts, 2023-2030 11.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 11.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 12. Canada Textile Felt Market Analysis and Forecasts, 2023-2030 12.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 12.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 13. Mexico Textile Felt Market Analysis and Forecasts, 2023-2030 13.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 13.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 14. Europe Textile Felt Market Analysis and Forecasts, 2023-2030 14.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 14.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 15. Europe Textile Felt Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Textile Felt Market Analysis and Forecasts, 2023-2030 16.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 16.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 17. France Textile Felt Market Analysis and Forecasts, 2023-2030 17.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 17.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 18. Germany Textile Felt Market Analysis and Forecasts, 2023-2030 18.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 18.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 19. Italy Textile Felt Market Analysis and Forecasts, 2023-2030 19.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 19.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 20. Spain Textile Felt Market Analysis and Forecasts, 2023-2030 20.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 20.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 21. Sweden Textile Felt Market Analysis and Forecasts, 2023-2030 21.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 21.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 22. CIS Countries Textile Felt Market Analysis and Forecasts, 2023-2030 22.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 22.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 23. Rest of Europe Textile Felt Market Analysis and Forecasts, 2023-2030 23.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 23.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 24. Asia Pacific Textile Felt Market Analysis and Forecasts, 2023-2030 24.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 24.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 25. Asia Pacific Textile Felt Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Textile Felt Market Analysis and Forecasts, 2023-2030 26.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 26.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 27. India Textile Felt Market Analysis and Forecasts, 2023-2030 27.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 27.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 28. Japan Textile Felt Market Analysis and Forecasts, 2023-2030 28.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 28.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 29. South Korea Textile Felt Market Analysis and Forecasts, 2023-2030 29.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 29.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 30. Australia Textile Felt Market Analysis and Forecasts, 2023-2030 30.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 30.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 31. ASEAN Textile Felt Market Analysis and Forecasts, 2023-2030 31.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 31.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 32. Rest of Asia Pacific Textile Felt Market Analysis and Forecasts, 2023-2030 32.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 32.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 33. Middle East Africa Textile Felt Market Analysis and Forecasts, 2023-2030 33.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 33.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 34. Middle East Africa Textile Felt Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2023-2030 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Textile Felt Market Analysis and Forecasts, 2023-2030 35.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 35.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 36. GCC Countries Textile Felt Market Analysis and Forecasts, 2023-2030 36.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 36.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 37. Egypt Textile Felt Market Analysis and Forecasts, 2023-2030 37.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 37.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 38. Nigeria Textile Felt Market Analysis and Forecasts, 2023-2030 38.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 38.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 39. Rest of ME&A Textile Felt Market Analysis and Forecasts, 2023-2030 39.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 39.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 40. South America Textile Felt Market Analysis and Forecasts, 2023-2030 40.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 40.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 41. South America Textile Felt Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2023-2030 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Textile Felt Market Analysis and Forecasts, 2023-2030 42.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 42.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 43. Argentina Textile Felt Market Analysis and Forecasts, 2023-2030 43.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 43.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 44. Rest of South America Textile Felt Market Analysis and Forecasts, 2023-2030 44.1. Market Size (Value) Estimates & Forecast By Raw Material, 2023-2030 44.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Textile Felt Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. Aetna Felt 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Pugalia Woolen Mills Private Limited 45.3.3. Swicofil AG 45.3.4. Loyal Textile Mills Ltd. 45.3.5. FilzFelt 45.3.6. BWF Group 45.3.7. Roders Textiles 45.3.8. Boer Group Recycling Solutions 45.3.9. Masias Maquinaria 45.3.10. Others 46. Primary Key Insights
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