Netted Fabrics Market size was worth USD 262.3 million, in 2018. The market is expected to grow with a CAGR of 3.9% over the forecast period. Netted fabrics are one of the most stylish materials. They are processed by natural fibers such as cotton and silk. Netted fabrics can also be processed from synthetic fibers like nylon and polyester. Increasing demand for cozy and durable apparel is driving market growth. Increasing the use of such materials in the fashion and sports industries is further bolstering its demand.
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The key driving factors responsible for the growth of Netted Fabrics market :
Netting is the latest trend in fashion, and it is getting traction across multiple platforms, right from London to Paris for 2019 spring collection. Several celebrities and fashion designers feature in these shows. Thus, increasing the promotion of netting through international platforms and celebrated personalities will positively drive market growth over the forecast period.
Among different materials, polyester accounted for the largest market share with 37.9%, in 2018. The rising automotive industry is proliferating the growth of the polyester segment, as it is widely used in the manufacturing of seat covers. Polyester made seat covers offer permeability, making it an ideal material for the sweat-proof cover.
However, the use of netted fabrics is decreasing in general apparel, which, in turn, is proving to be the major hindrance in market growth. Changing fashion trends and the high cost of netted materials are key reasons behind their decreasing use in general apparel. Further, the growing usage of organic materials in the fashion industry poses a major threat to market growth.
Among different materials, Nylon is estimated to grow at the fastest CAGR of 4.4% over the forecast period. Easy availability of Nylon fabrics and their extensive application in various products such as fishnet, tents and backpacks are supplementing the netted fabrics . Nylons are also used in the manufacturing of running shorts and tights as sportswear.
Other materials are anticipated to hold over 25% of the market share, by 2025. These materials include natural fabrics like dacron, cotton, and silk. Dacron is widely used as bandages in medical fields. In addition, it is used in the manufacturing of light sporting equipment, rope, bulletproof vests.
Among different products, tulle held the largest market share, in 2018 with a share of 38.1%. It is widely used in the clothing sector to manufacture various products such as dresses, wedding veils, ruffles and others. Further, tulle is expected to grow with a significant CAGR over the forecast duration.
Fishnet, on the other hand, is expected to grow at the highest CAGR of 4.3% throughout the forecast period. It is made up of synthetic fibers and has elasticity. Majorly, it is used in the manufacturing of fishing nets, bodysuits, hosiery and other similar stretchable products. Popular brands such as H&M and Victoria Secrets use this material to make beachwear for women.
Other products segment include filet and bobbinet. These materials are comparatively popular in European countries such as France and the United Kingdom. Bobbinet is a thin net expensive fabric used to make bridal wear, curtains and lingerie.
Among different applications, the clothing segment is projected to grow at the fastest at a CAGR of 4.3% during the forecast years. Owing to changing trends in fashion industry, the demand for knitted fabrics has increased significantly. Manufacturers are focusing on designing dresses and related accessories to keep up with the ongoing trend. This factor is positively affecting the market growth.
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