Honeycomb Fabric Market
English Public
Market Snapshot.
The honeycomb woven fabrics market size and share is expected to reach around USD 1 billion in 2023, growing at a CAGR of around 9% during the forecast period. Furthermore, according to the global honeycomb woven fabrics market research analysis, the market is expected to reach around USD 4 billion by 2035.
Market overview.
Honeycomb fabrics, also known as hexagonal fabrics, are textile materials made by weaving or knitting yarns. It is widely known as honeycomb fabric because the pattern of intertwining hexagonal lattices resembles a beehive. Various materials are used for the fabric, including cotton, polyester, nylon and wool. According to our research, the increasing demand for vehicles, especially fuel-efficient vehicles, is a major factor leading to the growth of the honeycomb fabric market: the FIA Foundation, the International Energy Agency (IEA), the International Transport Forum and the United Nations Environment Programme have launched a global campaign to improve the economic efficiency of vehicles, the Global Fuel Economy Campaign (GFEI), a joint initiative. It also aims to improve average fuel economy by 50% by 2050 and reduce fuel consumption per kilometre globally. Such programmes could increase the production of more fuel-efficient vehicles.
Key trends in the honeycomb fabrics market
In January 2022, Coulisse announced the launch of a new 3/4-inch honeycomb collection. designed to meet the demands of the US construction industry.
In August 2022, Alstone announced the launch of an innovative honeycomb material called Alstone Alcom. This promising product offers features such as sound insulation, light weight, A2 grade fire resistance and is 100% recyclable.
Growth factors in the honeycomb materials market
According to our research, the massive adoption of e-commerce, increasing demand for sustainable packaging and the expanding global aerospace industry are the key factors driving market growth. Expansion of the aerospace industry
In a little over a century, our industry has learnt to fly, to fly faster, to fly further, to fly heavier aircraft, and now it has spread across the globe. There are now more than 100,000 commercial flights every day. This means that more than 400 flights depart every hour.
Growing demand for online shopping There are now 7.9 billion people in the world and 27% of all survivors use digital shopping. According to estimates, there are currently between 12 and 24 million online retailers worldwide.
The need for sustainable packaging is increasing, as the packaging industry generates a large amount of waste.
According to a new OECD report, the world produces twice as much plastic waste as it did 20 years ago, most of which ends up in landfill, incinerated or in the environment. According to the report, plastic use fell by 2.2% in 2020 as economic activity slowed due to the COVID-19 crisis, but littering, food takeaway packaging and plastic medical devices such as masks increased.
Challenges in the honeycomb textile market
The high cost of honeycomb weaving is expected to be one of the factors hindering the growth of the honeycomb weaving market. Special procedures and high-quality materials are required for the production of honeycomb fabrics. All these increase the cost of fabrics and make it difficult for manufacturers to offer economical prices. All these are expected to significantly hamper market growth. Raw materials for honeycomb fabrics are not readily available, people are not fully aware of the benefits of honeycomb fabrics and many do not have the expertise to utilise them to a great extent to restrain the market.
Competitive situation
Key companies and manufacturers in the honeycomb weaving market include Cubatics Industries Pvt. Shreedhar Group, Alstone and Camira Fabrics. The study includes detailed competitive analysis, company profiles, recent trends and key market strategies of these key companies in the global honeycomb fabrics market.
For more information on the market research report, visit: https://www.sdki.jp/reports/honeycomb-fabric-market/110450
The honeycomb woven fabrics market size and share is expected to reach around USD 1 billion in 2023, growing at a CAGR of around 9% during the forecast period. Furthermore, according to the global honeycomb woven fabrics market research analysis, the market is expected to reach around USD 4 billion by 2035.
Market overview.
Honeycomb fabrics, also known as hexagonal fabrics, are textile materials made by weaving or knitting yarns. It is widely known as honeycomb fabric because the pattern of intertwining hexagonal lattices resembles a beehive. Various materials are used for the fabric, including cotton, polyester, nylon and wool. According to our research, the increasing demand for vehicles, especially fuel-efficient vehicles, is a major factor leading to the growth of the honeycomb fabric market: the FIA Foundation, the International Energy Agency (IEA), the International Transport Forum and the United Nations Environment Programme have launched a global campaign to improve the economic efficiency of vehicles, the Global Fuel Economy Campaign (GFEI), a joint initiative. It also aims to improve average fuel economy by 50% by 2050 and reduce fuel consumption per kilometre globally. Such programmes could increase the production of more fuel-efficient vehicles.
Key trends in the honeycomb fabrics market
In January 2022, Coulisse announced the launch of a new 3/4-inch honeycomb collection. designed to meet the demands of the US construction industry.
In August 2022, Alstone announced the launch of an innovative honeycomb material called Alstone Alcom. This promising product offers features such as sound insulation, light weight, A2 grade fire resistance and is 100% recyclable.
Growth factors in the honeycomb materials market
According to our research, the massive adoption of e-commerce, increasing demand for sustainable packaging and the expanding global aerospace industry are the key factors driving market growth. Expansion of the aerospace industry
In a little over a century, our industry has learnt to fly, to fly faster, to fly further, to fly heavier aircraft, and now it has spread across the globe. There are now more than 100,000 commercial flights every day. This means that more than 400 flights depart every hour.
Growing demand for online shopping There are now 7.9 billion people in the world and 27% of all survivors use digital shopping. According to estimates, there are currently between 12 and 24 million online retailers worldwide.
The need for sustainable packaging is increasing, as the packaging industry generates a large amount of waste.
According to a new OECD report, the world produces twice as much plastic waste as it did 20 years ago, most of which ends up in landfill, incinerated or in the environment. According to the report, plastic use fell by 2.2% in 2020 as economic activity slowed due to the COVID-19 crisis, but littering, food takeaway packaging and plastic medical devices such as masks increased.
Challenges in the honeycomb textile market
The high cost of honeycomb weaving is expected to be one of the factors hindering the growth of the honeycomb weaving market. Special procedures and high-quality materials are required for the production of honeycomb fabrics. All these increase the cost of fabrics and make it difficult for manufacturers to offer economical prices. All these are expected to significantly hamper market growth. Raw materials for honeycomb fabrics are not readily available, people are not fully aware of the benefits of honeycomb fabrics and many do not have the expertise to utilise them to a great extent to restrain the market.
Competitive situation
Key companies and manufacturers in the honeycomb weaving market include Cubatics Industries Pvt. Shreedhar Group, Alstone and Camira Fabrics. The study includes detailed competitive analysis, company profiles, recent trends and key market strategies of these key companies in the global honeycomb fabrics market.
For more information on the market research report, visit: https://www.sdki.jp/reports/honeycomb-fabric-market/110450
by akiariku
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