Linen Fabric Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2027
Global Linen Fabric
Market: Snapshot
Linen fabric has
been of worldwide commercial importance in the textile industry for
centuries and has the one of the most commonly used fabric for
clothing and laundry. The popularity of linen fabric in making
clothing especially suited for summer has even exceeded the one
garnered by cotton fabric for variety of properties has. This has led
to a steady evolution of the global linen fabric market.
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The textile industry
for several decades has been focused on utilizing the various
properties of linen fabric such as its porous and anti-bacterial
nature; heat and moisture-absorbing properties; and high-pitched
gleam property to create a wide range of textiles. The durability and
breathability of the linen fabric, combined with its premium feel,
has made it suitable for business attires and wardrobe accents, thus
helping in the rapid evolution of the global linen fabric market. In
response to rising popularity, several countries that do not
commercially produce linen fabric have been importing it, helping the
global to grow from strength to strength during the assessment period
of 2018–2026.
Global Linen Fabric
Market: Notable Developments
A great number of
companies are diversifying their portfolio to gain a better foothold
in the global linen fabric market. Several of them are targeting
customers from emerging economies to expand their geographic
footprint.
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An India-based textile industry company Grasim Industries has recently announced that it has acquired Soktas India Pvt. Ltd. by acquiring all of the latter’s capital. It is a subsidiary of Soktas Tekstil Sanayi ve Ticaret AS, and markets premium shirting made from various materials including linen fabric. The move is a strategic one and will help pull substantial funds for Soktas to reinforce its capital standing, which will expectedly bolster its position in the linen fabric market. Grasim Industries is a part of Aditya Birla Group (ABG) and is considered a stalwart in the India textile industry.
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A similar development in the linen fabric market is by Jaya Shree Textiles, an entity of ABG, has around the end of last year announced the launch of linen-blended fabrics under a new brand (Mazury). This will in essence complement linen-blended apparels under its already existing brand (Cavallo). The company has also made up its mind to implement productivity-linked five-year wage pact to address rising workers’ unrest.
Some of the
well-entrenched names in the global linen fabric market are Tommy
Hilfiger, American Eagle, H&M, Ralph Lauren, and Peacock Alley.
Global Linen Fabric
Market: Key Growth Dynamics
The rising use of
linen fabric in making a wide variety of men’s and women’s
clothing and laundry is a key factor bolstering revenues in the
market. The global linen fabric market has been witnessing several
large lucrative avenues in the premium clothing segment, owing to the
utilization of mix of attractive properties the fabric has. The role
that linen fabric apparels have in lifestyle clothing is contributing
to the generation of copious revenues in the linen fabric market.
Moreover, the use of linen fabric in fashionable accessories has
risen substantial in emerging economies such as China, India, Brazil,
and other parts of the Asia Pacific region.
There is rising use
of linen fabric in the making of a variety of wardrobe accents and
business attire, thereby boosting the global linen fabric market.
They are available in a wide range of colors, giving consumers an
extended range of clothing they desire. However, there are some
drawbacks of the linen fabric, such as it is less elastic hence more
prone to wrinkling. However, the downsides have been offset by the
large variety of apparels linen fabric can be made into, thus fueling
the demand in the linen fabric market.
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Global Linen Fabric
Market: Regional Assessment
On the regional
front, Europe, Asia Pacific, and North America are expected to be
prominent regions in the global linen fabric market. In particular,
Europe and some economies of Asia Pacific are emerging potentially
lucrative markets for linen fabric. Extensive demand for premium
clothing brands made of linen fabric among the populations of Europe
has been generating considerable revenues to the global linen fabric
market.
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