Shirt Fabric Market Size, Share, Growth, and Industry Analysis, By Type (Cotton Fabrics, Silk Fabrics, Flax Fabrics and others), By Application (Formal Wear Shirt, Leisure Wear Shirt, Household Wear Shirt and others), Regional Insights, and Forecast To 2032

Updated On: 22 April 2024

shirt fabric market REPORT OVERVIEW

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The global shirt fabric market size was USD 45300 million in 2022 and is expected to reach USD 52560 million in 2029, exhibiting a CAGR of 2.1% during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with shirt fabric market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

If there is one factor that contributes significantly to the quality of a shirt, it is the fabric used to make that shirt. Shirt fabrics, or shirtings as tailors refer to them, come in a variety of textures and qualities. Cotton is by far the most popular shirt fabric in India. Aside from pure cotton, polyester-cotton mixes account for the majority of market usage. Manufacturers, merchants, and customers all be aware of evolving trends in textiles for men's shirts since men can experiment with different shirts materials to add variety to their wardrobe.

Polo shirts are a casual shirt style. It has two short sleeves and covers the waist slightly. Wearing a high or low collar is an option. The most popular colours for polos are white, khaki, navy blue, and light blue since they go with anything, including trousers, jeans, and shorts. A dress shirt is a type of shirt worn by males. It's often worn with the top button undone and no tie, and it's coupled with slacks or pants. Dress shirts come in a range of materials, including cotton, polyester, wool, linen blends, and silk, to mention a few; most are white or light blue in colour.

COVID-19 Impact: Supply chain distorts the market expansion owing to the pandemic

The COVID-19 epidemic has had a tremendous influence on the world economy, especially the market for Shirt Fabric. With the global implementation of abrupt lockdowns and social distancing measures, several sectors and enterprises have been adversely impacted, resulting in a drop in demand for specific products and services. The Shirt Fabric business is no different, and it, too, has seen a drop in demand during the epidemic. The epidemic has interrupted industrial processes and altered the supply chain, resulting in a lack of raw materials and a delay in product delivery. This circumstance has resulted in a decrease in production and sales of Shirt Fabric items. Furthermore, the epidemic has a non-favourable influence on the enterprise's business operations, which distorts the market as a whole. This has had an effect on the industry.

LATEST TRENDS

"Advancements in the fashion trends to stimulate market expansion"

The shirt business provides high-quality textiles in a variety of styles and mixes to meet the newest fashion trends. Shirting textiles are particularly significant in the construction of a readymade shirt. Fabric type is an essential functional criterion for the construction of a readymade garment. Cotton blends are popular in some places, whereas linen blends are in high demand in others. On the consumer front, there is a preference for mixed shirting, natural and eco-friendly finishes. Thus, the process of developing new advancements in the fashion trends is a major trend that is creating opportunity for the industry to flourish. The market's overall expansion is primarily the result of these recent changes.

shirt fabric market SEGMENTATION

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• By Type

The market is divided into categories based on type, Cotton Fabrics, Silk Fabrics, Flax Fabrics and others.

• By Application

The market is divided into Formal Wear Shirt, Leisure Wear Shirt, Household Wear Shirt and other categories based on application.

DRIVING FACTORS

"Increasing adoption of new fashion trends that Boosts the Market"

The increased demand for casual wear and athletics across various regions is a primary driver of growth in the Shirt Market. This tendency has been aided by increased engagement in sports, leisure activities, and business dress. The global development of the Shirt Market has been spurred by increased public awareness of fashion trends as a result of shifting lifestyle choices. Furthermore, several players are aggressively promoting to millennials as their primary audience, which will result in increasing penetration levels over time. Rising disposable income among the youthful population, as well as a growing desire for stylish, personalised, and one-of-a-kind clothing, are major factors driving demand for the Shirt Fabric market globally. Consequently, during the predicted period, increased product dependence will support industry growth. As a result, the market will benefit from growth and adoption of the product in various sectors. It will help the Consumer Goods sector flourish and accelerate the shirt fabric market growth.

"Rising Adoption of the product among the young generation to support market expansion"

In day today’s life the youngsters prefer to wear shirts and formals, due to their work place and trending fashion. People working in the cooperative offices and jobs are however instructed to wear formals and proper stitched shirts whereas the trending fashion going on among the young teenagers and adults of casually wearing formals will propel the market. As per the needs the companies produce product in different varieties following the trends and hence these factors influence the market in a positive way. Together, these elements are encouraging market expansion, which is raising business revenues. As a result, the market will grow thanks to the rising adoption of the product among the young generation.

RESTRAINING FACTORS

"High Cost Will Prevent Market Expansion"

Despite the positive market conditions, the Shirt Fabric business confronts a number of obstacles. Fuel price fluctuation, for example, may have a major influence on transportation costs and profit margins. Furthermore, regulatory compliance, safety issues, and a lack of skilled drivers are all obstacles that impede the proper operation of Shirt Fabric services. The market's competitive nature also puts pressure on brokers to maintain low pricing while providing high-quality services.This will be a significant impediment to market growth during the forecast period. This could be a significant issue limiting market growth. If this issue is resolved, the market will immediately begin to grow.

shirt fabric market REGIONAL INSIGHTS

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"Market is Globally Dominated by North America owing to expanding industrial development "

Since this area is the largest user of the product, the market for Shirt Fabric in North America has profited from the region's expanding industrial development and several driving factors that have boosted the potential sectors. The increasing demand for products in the Formal Wear Shirt, Leisure Wear Shirt, Household Wear Shirt and other industries is one of the important factors driving the Shirt Fabric Market Share. Rapid urbanisation trends will further strengthen the market as a whole.

KEY INDUSTRY PLAYERS

"Leading Manufacturers to Boost Product Demand"

The analysis covers data on market participants and their positions within the industry. Through appropriate research, mergers, technological development, expanding production facilities, and collaboration, data is being gathered and made available. Information on manufacturers, regions, types, applications, sales channels, distributors, traders, dealers, research findings, and more is provided in the study on materials.

List of Market Players Profiled

• ALBINI (Italy)
• ALUMO (Switzerland)
• MONTI (U.S.)
• TESTA (U.S.)
• Acorn Fabrics (U.K.)

REPORT COVERAGE

The study goes into great detail about market segmentation by type and application. The study examines a broad range of participants, including existing and potential market leaders. A considerable market expansion is anticipated as a result of several important factors. In order to provide market insights, the research additionally analyses elements that are probably to boost Shirt Fabric Market share. The report makes forecasts for market expansion during the projected time period. The objective of the regional study is to explain why one region dominates the worldwide market. There are a lot of issues that have all been carefully considered that prevent the industry from growing. The research also contains a market strategic analysis. It includes thorough market information.