Europe Contract Textile Market Manufacturing Size, Share, Business Outlook, Vital Challenges and Forecast Analysis by 2025 | Grand View Research, Inc.

August 25 00:28 2021
Europe Contract Textile Market Manufacturing Size, Share, Business Outlook, Vital Challenges and Forecast Analysis by 2025 | Grand View Research, Inc.
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According to a new report published by Grand View Research, the rising demand for textile contracting to cater to specific requirements given by end-users from hospitals, offices, public buildings, and hotels is likely to drive industry growth from 2019-2025.

The Europe contract textile market size is expected to reach USD 4.0 billion by 2025, accelerating at a CAGR of 3.4% over the forecast period, as per a new report by Grand View Research Inc., The application of advanced manufacturing technologies for manufacturing contract textiles using wider looms and computerized equipment & robotics is estimated to have a positive impact on market growth.           

Companies operating in this market have invested in the production of different designs and own patterns to ensure the highest level of quality and maintain stock of exclusive collection of contract fabrics. Furthermore, efforts taken by manufacturers to comply with the EU regulations, REACH directive, and meet customer requirements are expected to drive market growth. Textile manufacturers in the region are likely to shift their focus to smaller economies owing to low labor cost and easy availability of raw materials.

Manufacturers are taking steps to minimize the environmental impact of textile production by using eco-friendly and recyclable materials. The countries in Europe are aiming toward becoming a circular economy by maximizing the use of recyclable and reusable products. The aforementioned trend is expected to have an impact on the contract textile manufacturing business.

Companies in contract fabrics industry are involved in the manufacturing of consumer-specific textiles. For instance, they design antimicrobial, stain-resistant, waterproof, fire-resistant, and highly durable fabrics for the healthcare industry. Fabrics are customized as per the spaces wherein they will be installed or used. Furthermore, the companies are increasingly focusing on offering a wide range of designs and colors to suit workplace environments, which is resulting in improved aesthetics, functionality, and creativity in textile manufacturing sector.

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 Europe Contract Textile Market Report Highlights

 In the U.K., office spaces segment was the largest application segment for contract textiles in 2018 with a market share of 32.3% owing to the presence of numerous IT and management companies in the country

 The revenue generated by the contract textile industry through healthcare segment stood at USD 786.8 million in 2018 owing to high demand for curtain and window coverings in hospitals and nursing homes

 Hotels, Restaurants, and Cafes (HORECA) segment in Europe is expected to grow at the fastest CAGR of 3.1% over the projected period on account of increasing tourism in the western European countries

 In Germany contract textile market, majority of the revenue generated by office spaces segment was derived through seating products such as chairs, sofas, and benches

 Industry players are involved in long-term contract with textile manufacturers to maintain smooth production and supply chain to meet specific end-user demand.


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Europe Contract Textile Market Segmentation

Grand View Research has segmented the Europe contract textile market on the basis of end-use by application and country:

Europe Contract Textile End-Use by Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

     Office Spaces
        • Upholstered Furniture
        • Seating
        • Wall Coverings
        • Curtains and Window Coverings
     Public Buildings
        • Upholstered Furniture
        • Seating
        • Wall Coverings
        • Curtains and Window Coverings
    • Healthcare
        • Upholstered Furniture
        • Seating
        • Wall Coverings
        • Curtains and Window Coverings
    Hotels, Restaurants, and Cafes (HORECA)
        • Upholstered Furniture
        • Seating
        • Wall Coverings
        • Curtains and Window Coverings

Europe Contract Textile Country Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)


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About Grand View Research

Grand View Research is a market research and consulting company registered in the State of California having its headquarters in San Francisco. The company offers syndicated research reports, customized research reports, and consulting services. With Grand View Research, you get an opportunity to understand market trends, insights, and business statistics from a strategic standpoint. With a deep-seated understanding of many business environments, Grand View Research offers business and market intelligence studies and accomplishes more than 300 multi-country market studies.

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