Global Lining Market Size Analysis
According to a research survey conducted by ChemView Consulting, in 2022, the Global Lining Market was worth US$ 4,273.6 Mn and is expected to grow at a CAGR of 3.7% over the forecast period. While the historical CAGR is 3.2%, the market is expected to hit US$ 6,145.8 Mn by 2032 end.
A lining is an inner layer of fur, fabric, or any other material inserted inside handbags, hats, curtains, luggage, and garments in tailoring and stitching. Linings provide a tidy finish and cover exposed padding, interfacing, and seams. It is also used to hide a variety of other construction-related elements. The rising desire for lining in clothing is anticipated to fuel expansion in the worldwide lining market.
DEMAND FROM THE TEXTILE INDUSTRY TO WIDEN THE SCOPE OF USE OF LININGS IN GARMENTS
The rapid economic development of several nations and the rising standard of living of the populace is expected to drive the expansion of the worldwide lining industry. Additionally, rising affluence, urbanization and commercialization, awareness of current trends and fashion, and changes in people’s lifestyles are projected to propel the expansion of the global lining market during the assessment period.
Due to the increased demand for stylish clothing, the textile industry is seeing significant expansion. Certain styles of clothing must have lining due to changes in fashion. In the textile industry, lining textiles are widely used for various apparel lines. The global lining market is anticipated to rise in size over the coming years due to the expansion of the textile sector.
Market Segments Covered in Report
By Product Type:
By Region and Country:
Why is polymer linings market expected to register high value?
Polymer linings have consistently been in higher demand across all product categories due to their remarkable resistance to various chemicals. At the moment, polymer linings dominate the world market for linings. Polymer linings have been highly developed thanks to technological improvements and the switch from solvent-borne to waterborne linings. The worldwide linings market is predicted to expand at a CAGR of 4.0% in terms of volume.
Why is the Marine segment expected to contribute to the maximum sales in the Lining Market?
Fast-moving industrialization and expanding marine traffic are the major factors driving the linings industry. Despite slow growth, seaborne trade still accounts for almost 80.0% of total international trade volume and more than 70% of total international trade value. The most economical method of shipping big, bulky items, particularly liquid cargo, worldwide is through marine trade. Additionally expanding is the worldwide shipbuilding sector. The shipbuilding sector works on new vessel design and production and MRO (maintenance, repair, and overhaul) services for older boats.
The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, the Middle East, and Africa.
From the perspective of competition, the lining industry has undergone substantial changes in recent years. Key companies use collaboration, acquisition, and expansion as their main growth and survival strategies in the worldwide Lining market.
The key developments in the Global Lining Market are:
A list of some of the key suppliers present in the market are:
Global Lining Market 2022-2032: Report Coverage and Highlights
|Historical data available for||2017-2021|
|Market analysis||USD Million for Value and Tons for Volume, and CAGR from 2022 to 2030|
|Key regions covered||North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa|
|Key countries covered||US, Canada, Brazil, Mexico, Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Saudi Arabia, Turkey, UAE, South Africa, Nigeria, Egypt|
|Key segments covered||By Product Type, Chemistry, End-Use, and Region|
|Customization scope||Available upon Request|
|Pricing and purchase options||Available upon Request|
Market Size Data
Value Chain Analysis
North America: U.S., Canada
Latin America: Brazil, Mexico, Argentina, Central America, Rest of Latin America
Western Europe: Germany, Italy, France, UK, Spain, Poland, Romania, Rest of Western Europe
Eastern Europe: Russia & Belarus, Balkan Countries, Baltic Countries, Central Asia, Rest of Eastern Europe
Middle East & Africa: KSA, UAE, Turkey, Israel, Northern Africa, South Africa, Rest of Middle East & Africa
East Asia: China, Japan, South Korea
South Asia & Pacific: India, ASEAN, Australia & New Zealand, Rest of South Asia & Pacific
Why Choose CVC Market Research?;
In the forecast period between 2022 and 2032, the market is expected to grow at a CAGR of 3.7%.
The rapid economic development of several nations and the rising standard of living of the populace are expected to drive the expansion of the worldwide lining industry.
Key Global Lining Market players are Taiwan Dyeing & Fabric Co., Ltd, Ozege Mensucat, Loyal Textile Mills Ltd., Nirmal Cloth House, Narayani Tex Fab, Shreeji Polyfab Pvt. Ltd., Kundkund Textile, Union developing group of China Ltd., Jerseytex Limited, Cosmo, Han International, Yunjie Textiles Co., Ltd.
Asia Pacific Region is expected to account for the largest market revenue share in the Global Lining Market.
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