Jacquard Fabric Market Revolutionary Trends in Industry Growth...

Jacquard Fabric Market Revolutionary Trends in Industry Growth Statistics By 2030

Posted 2023-09-05 06:23:17

Market Dynamics The global jacquard fabric market exhibited robust growth in 2021 and is projected to maintain a steady revenue Compound Annual Growth Rate (CAGR) throughout the forecast period. The rising individual disposable income and purchasing power have led more consumers to gravitate towards upscale furnishings, thereby driving overall industry growth. A significant factor stimulating the demand for luxury interior materials is the surge in disposable income resulting from economic expansion. The market's vitality is notably influenced by the demand for premium interior fabrics used in furniture upholstery. The quantity of fabric used depends on the type of furniture in question.

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The art of jacquard weaving traces its origins back to brocade. As early as the fourth century in Byzantium, intricate patterns were woven from textiles like linen and wool to craft magnificent garments. Over the centuries, these brocades were painstakingly created on large draw looms, a time-consuming and labor-intensive process. A skilled team of weavers and drawboys could produce only about two square inches of highly patterned silk fabric in a full day. By the 1700s, several French innovators were working tirelessly to develop more efficient looms, and the introduction of mechanization revolutionized the industry forever.

Key Drivers of Revenue Growth in the Global Jacquard Fabric Market: The primary driver of market expansion is the consumer's preference for sophisticated clothing and decorative accessories. Additionally, global trends in home remodeling and renovation are fueling demand for luxurious furniture and bedding products. Favorable government import policies and practices aimed at boosting the textile sector are also contributing to market growth. According to a report by the Overseas Growth Institute Organization in 2018, 40% of the cotton and silk materials in Ethiopia were sourced from the German textile company Tchibo. Moreover, the proliferation of residential and commercial infrastructure projects such as hotels, restaurants, and healthcare facilities is expected to boost consumer demand for bedding items. The rising demand for diverse furniture types is also prompting consumers to use bedding products to protect their furniture.

Factors Constraining Revenue Growth in the Global Jacquard Fabric Market: The production of jacquard textiles involves one of the most intricate and demanding processes. These processes utilize high-value fibers and materials that are challenging to handle due to their complex configurations and inherent performance specifications. However, regular and thorough testing using precise and robust methods can extend the lifespan of these delicate and elegant fabrics. Furthermore, the global lockdown imposed during the COVID-19 pandemic had a significant impact on the global textile and apparel sector due to disruptions in supply chains, transit restrictions, and labor shortages. This had a substantial ripple effect on the jacquard industry.

Global Jacquard Fabric Market Revenue Growth by Type Segment: The global jacquard fabric market is categorized into clothing and decorative segments based on type. The decorative segment is expected to dominate the revenue share during the forecast period. These textiles, characterized by their thickness and texture, are commonly used in home goods and upholstery, including contemporary brocades, brocatelle, damask cloth, and tapestries. Although visually appealing, their thickness makes them less suitable for extended periods of wear. They can also be found in vividly colored and patterned sarees, as well as contoured and patterned jackets and formalwear.

Leading Application Segment in the Global Jacquard Fabric Market: In terms of application, the household segment is the predominant consumer of jacquard textiles, particularly in home goods and upholstery, owing to their thickness and texture. Despite their intricate patterns, these textiles are often more durable and wider than other weaving methods. While cotton jacquard textiles are commonly used in high-end and traditional applications, contemporary designers are exploring a broader range of fibers, including linen and cotton blends. Jacquard fabrics are gaining popularity in home design fabrics, upholstery, curtains, draperies, and luxurious duvet covers due to their stronger and more flexible weaving.

Europe Takes the Lead in Terms of Revenue Share in the Global Jacquard Fabric Market: Regionally, Europe emerged as the market leader in 2021, accounting for a significant share of the revenue. This can be attributed to the growing consumer awareness of luxury textiles for interior home decor, which is fueling market growth in the region. Additionally, the presence of several prominent brands such as Nina Campbell and Dedar S.p.A. is contributing to revenue growth. The patterns and fabrics used in jacquard textiles have evolved over time.

Prominent Companies in the Market Include:

1. Cannon Street Jersey Fabrics Limited (U.K.)

2. Devantex (Belgium)

3. Humphries Weaving Company (U.K.)

4. Kuanging Industrial (China)

5. Regal Fabrics (U.S.)

6. Stellini Group (Italy)

7. Foshan Qiaoli Chemical Fiber Weaving (China)

8. Deertex (U.S.)

9. Jiaxing Yuelong Jacquard (China)

10. Hangzhou Tianye Jacquard (China)

11. Nantong Jialiang Textile (China)

Strategies and Objectives of Major Companies:

In July 2022, Humphries Weaving partnered with Nick Knowles Heritage Rescue Boston Manor (Quest) to restore and repair the property. This collaboration resulted in the complete restoration of Boston Manor, one of England's greatest Jacobean homes, by Humphries Weaving. The company reaffirmed its position as a historical consultant by providing historically authentic fabric and restoring the home to its former glory.
On October 20, 2021, Regal Fabrics announced its membership in the Sustainable Furnishings Council, signaling its commitment to developing more environmentally friendly products and services. This strategy involves incorporating more recycled and recyclable materials into Regal's textiles, packaging, processes, and other products. Regal has emphasized sustainability in the development of its new arrivals, including the Kindred collection, which features lifestyle ensembles made from sustainable yarns.

The global Jacquard Fabric market is segmented as follows: Type Outlook (Revenue, USD Billion; 2019-2030)

1. Clothing

2. Decoration

3. Others

Application/End-Use Outlook (Revenue, USD Billion; 2019-2030)

1. Home Use

2. Commercial Use

Regional Outlook (Revenue, USD Billion; 2019-2030)

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Sweden
- BENELUX
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC

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