Technical Textile Market Industry Size, Analysis, Share, Research, impact of COVID-19 on Business Growth and Forecast to 2030
Global Technical Textile Market size was valued at USD 220.17 Bn in 2023 and is expected to reach USD 340.52 Bn by 2030, at a CAGR of 7.01 %. Anticipated Growth in Revenue: The global Technical Textile market was valued at USD 220.17 billion in 2023. Projected to grow at a compound annual growth rate (CAGR) of 7.01%, the market is expected to reach USD 340.52 billion by 2030. This impressive growth reflects the increasing demand across various sectors and the continuous innovation within the industry. Technical Textile Market Overview Technical textiles, a unique blend of advanced materials and technology, are designed for specific functional applications. Unlike traditional textiles, which are primarily valued for their aesthetic appeal, technical textiles are prized for their performance and technical attributes. These textiles are utilized in a myriad of industries, from agriculture and healthcare to construction, automotive, and apparel. Their ve...