Maturity of the market in areas such as Europe and North America, as well as growth of the market in developing regions, has led to the market being increasingly driven by high disposable incomes. Increasing disposable incomes, especially in the developing regions, has led to a preference for high quality fabrics with improved characteristics over cotton. Linen is a common choice for such customers, especially in hot and humid climates due to its cool touch and quick drying properties.
Grasim Industries Limited (NSE: GRASIM) is a leading textile manufacturing company from India and is launched a new line of linen-blended apparels to be known as Mazury by Diwali in November 2020, a key festival in the country. Leading American fashion company Ralph Lauren Corporation (NYSE: RL) launched a new product line of home décor products under its brand Ralph Lauren Home which includes several linen upholstery options. The above investments in the industry indicate growth potential in the global linen fabric industry and project increased production capacities during the forecast period of 2024-2032.
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Market Analysis by Type, Application, and Region:
- The market on the basis of type can be divided into damask linen, plain woven linen, loosely woven linen, and sheeting linen.
- Based on application, the industry can be divided into apparel, table and kitchen clothes, towels and other bathroom items, bedsheet and other bedroom items, curtains, blankets and cushions, and others.
- The regional markets for linen fabric include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Key Findings of the Report:
- Expansion of the fashion industry, especially in developing regions, has led to a boost the growth of the industry.
- The increased adoption of linen in areas with hot and humid climates has led to higher demand in the market.
- Higher disposable incomes in developing regions are expected to lead to a higher adoption of linen fabrics in these areas.
- Linen’s numerous applications in the home décor industry are predicted to increase the production capacity in the industry.
Key Offerings of the Report:
- The EMR report gives an overview of the global market for linen fabric for the periods (2018-2023) and (2024-2032).
- The report also offers the historical (2018-2023) and forecast (2024-2032) market information for the types, applications, and major regions of linen fabric.
- The market report also analyses the trade data by covering the major importing and exporting countries.
- The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.
The major players in the global linen fabric market are World Linen & Textile Company Inc, Grasim Industries Limited, China Linen Textile Industry Ltd, Ralph Lauren Corporation, Flax Company SARL, Northern Linen BV, and Libeco NV, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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