Global Market for Non-Woven, Felt and Coated Textile Garment
In value terms, production of non-woven, felt and coated textile garments fell sharply to $ in estimated in export price. Overall, production, however, continues to indicate a prominent expansion. The growth pace was the most rapid in 2010 with an increase of %. Over the period under review, global production of attained the maximum level at $ in , and then shrank rapidly in the following year.
China ( units) constituted the country with the largest volume of production of non-woven, felt and coated textile garments, comprising approx. % of total volume. Moreover, production of non-woven, felt and coated textile garments in China exceeded the figures recorded by the second-largest producer, India ( units), sevenfold. The United States ( units) ranked third in terms of total production with a % share.
In China, production of non-woven, felt and coated textile garments increased at an average annual rate of +% over the period from 2007-. In the other countries, the average annual rates were as follows: India (+% per year) and the United States (+% per year).
The value of the market for non-woven, felt and coated textile garments worldwide was estimated at $ in , stabilizing at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed strong growth. Over the period under review, the global market hit record highs in and is expected to retain growth in the near future.
From 2007 to , the most notable rate of growth in terms of garments, amongst the key consuming countries, was attained by China (with a CAGR of +%), while garments for the other global leaders experienced more modest paces of growth.
In value terms, China ($) led the market, alone. The second position in the ranking was taken by the United States ($). It was followed by India.
From 2007 to , the average annual growth rate of value in China amounted to +%. In the other countries, the average annual rates were as follows: the United States (+% per year) and India (+% per year).
From 2007 to , the average annual growth rate of the per capita consumption of non-woven, felt and coated textile garments in No country was relatively modest.
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .