Netted Fabrics Market Is Expected To Gain Significant Traction Over The Forecast Period: Grand View Research Inc.

 The global netted fabrics market size is expected to reach USD 342.7 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.9% over the forecast period. Growing preference for durable and comfortable apparel especially in the field of sports, along with changing trends in the fashion industry, is likely to create robust demand for the global market.

Celebrities and bloggers across the globe have been seen flaunting dresses and apparels such as stockings and scarfs made up of net fabric over social media sites such as Instagram and Twitter. Netted fabric has emerged as the upcoming global fashion trend and is featured on various platforms such as Milan Fashion Week and Elle Magazine’s Spring 2019 Collection.

Nylon is expected to register a CAGR of 4.4% over the forecast period. The segment growth is attributed to its extensive usage in manufacturing of backpacks, tents, and mosquito and fishing nets. This material carries high tensile strength and durability, hence it is used in sportswear such as tights and running shorts for athletes. Rapidly growing automotive industry is helping the global market to boom as polyester mesh is popularly used to manufacture seat covers as it enables permeability of air. For instance, Chinese suppliers such as SeatCoverPlus provides customized seat covers with breathable and comfortable mesh fabric, thereby providing a sweat-proof yet contemporary look to the interiors of a car.

Fishnet is a slightly-coarse netting variety usually made up of polyester and nylon that helps in adding a considerable amount of elasticity for more stretchiness. The segment is expected to register a CAGR of 4.3% over the forecast period owing to significant its use in these fabrics. These are often used to manufacture tents and fishing nets. Moreover, this product is used to make stockings, hosiery, bodysuits, and other stretchable clothing, especially for women. For instance, a number of brands such as Victoria Secrets, Hunkemoller, and H&M use fishnet fabric to make bodysuits and beachwear.

Due to evolving contemporary trends in the fashion industry, designers are more inclined towards using knitted/woven fabrics. For instance, Nike, Adidas, and Puma are manufacturing shoes and sportswear using mesh fabric to increase the level of complacency and resilience. Additionally, companies such as Wrogn and HRX have made sportswear and athleisure wear comparatively cheaper and popular amongst the young online shoppers. Countries such as India, China, and Brazil are taking more initiatives in sports, which, in turn, is leading to higher sales of trendy sportswear and shoes.

In terms of revenue, Asia Pacific is anticipated to expand at a CAGR of 4.5% from 2019 to 2025. Market demand is expected to boost, especially for the clothing segment, due to rise in designer brands like Anita Dongre, Sabyasachi, and Needledust in this region. The Asia Pacific netted fabrics market is anticipated to witness the fastest growth due to the presence of a substantial number of manufacturers in this region, coupled with rapidly growing adolescent population.

Key players in the market include Ultraflexx; Jason Mills, LLC; The Chemours Company; Stannek Netting; Birdair; Taconic; Fiberflon; and Snyder Manufacturing, Inc. For instance, Stannek Netting is a U.S. based manufacturer that specializes in netted fabrics of different variants including polyester and nylon and according to the data retrieved by Hoovers, it had annual sales of 17 million in 2018.

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Further key findings from the report suggest:

• By product, tulle accounted for 38.1% share of the total revenue in 2018 and is projected to exhibit a significant increase over the coming years
• Europe is projected to generate a revenue of USD 105.4 million by 2025
• APAC is the fastest growing region with a CAGR of 4.5%. This trend is projected to continue over the coming years
• An increase in the demand is observed over the past few years due to rising purchasing power parity of consumers and increased preference for durable and comfortable apparel in countries such as Dubai, China, India, and Sri Lanka
• The netted fabrics industry is highly competitive in nature with the major players including Ultraflexx; Jason Mills, LLC; The Chemours Company; Stannek Netting; Birdair; Taconic; Fiberflon; and Snyder Manufacturing, Inc.

Grand View Research has segmented the global netted fabrics market on the basis of material, product, application, and region:

Netted FabricsMaterial Outlook (Revenue, USD Million, 2015 - 2025)

• Nylon
• Polyester
• Others

Netted FabricsProduct Outlook (Revenue, USD Million, 2015 - 2025)

• Tulle
• Fishnet
• Others

Netted FabricsApplication Outlook (Revenue, USD Million, 2015 - 2025)

• Clothing
• Utility

Netted FabricsRegional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
  • US.
• Europe
  • France
  • UK.
• Asia Pacific
  • India
  • China
• Central and South America
  • Brazil
• Middle East and Africa
  • Saudi Arabia

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.