On 2024-10-28 Global Info Research released【Global Elastic Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030】. This report includes an overview of the development of the Elastic industry chain, the market status of Consumer Electronics (Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core), Household Appliances (Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Elastic.
In sewing, elastic is a notion which is sold in narrow strips and generally serves to increase the ability of garment to stretch, either to accommodate movement or to make the garment suitable for wearers of many different physical sizes.
The global Elastic market size is expected to reach $ 1714 million by 2030, rising at a market growth of 3.9% CAGR during the forecast period (2024-2030).
Global key players of elastic include Stretchline, Taiwan Paiho, Fulflex, Asheboro Elastics Corp, etc. Global top five manufacturers hold a share over 28%. Asia Pacific is the largest market of elastic holds a share over 59%. In terms of product, knitted is the largest segment, with a share over 61%. And in terms of application, the largest application is apparel, with a share over 54%.Globally, the market concentration of the elastic industry is low. The world's major elastic manufacturers include Stretchline, Taiwan Paiho, Fulflex, Ashebro Elastics Corp, Rimtek, etc. In terms of revenue, in 2023, the top ten in the world accounted for 36.11% of the elastic market share. They are known for their outstanding performance in elastic and related services. The elastic industry has serious product homogeneity, and most enterprises are private enterprises. There is no strict industry standard for product quality. In addition, most elastic products play the role of auxiliary materials and are not distributed and sold in terminal channels. Therefore, in the process of transmission from manufacturers to consumers, the brand does not affect the choice of direct consumers too much. Therefore, although there are many manufacturers in the elastic industry, there are only a few that can form national brands, so it is difficult to form a terminal brand that consumers rely on.
Due to the development of technology, the average price of products has declined in the past few years. With the maturity of manufacturing technology and the reduction of raw material costs, the average price will maintain this trend in the next few years.
However, the impact of potential supply changes, the cost and availability of raw materials and certain components is uncertain. If raw material prices and related factors (such as energy prices) rise, and the new company cannot pass on the price increase to customers, its operating performance and financial condition will be affected.
Different companies previously had different product applications and performance differences, and the prices of products varied greatly. There will still be more new investments entering this field in the future. By reducing costs and lowering prices, they will quickly occupy the market, develop incremental customer markets, and establish market share advantages; establish a brand image and lay an advantage for entering the consumer goods market.
Elastic's consumption is related to downstream industries and the global economy. Since there will always be some uncertainty in the global economy in the next few years, the growth rate of the Elastic industry may not remain so fast. But what is certain is that the market for Elastic is still full of hope.
This report studies the global Elastic production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Elastic and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Elastic that contribute to its increasing demand across many markets.
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https://www.globalinforesearch.com/reports/2230235/elastic
Market segment by Type： Woven、Knitted、Others
Market segment by Application：Apparel、Underwear、Others
Major players covered： Stretchline、Taiwan Paiho、Fulflex、Asheboro Elastics Corp、Rimteks、Spica Group、Hung Hon(4k) Limited、Premco Global、SANKEI、Amanda Textile、Best Pacific International、Jiaxing Huayan Elastic Manufacture、BOXER BRIEF
Market segment by region, regional analysis covers: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe), Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia),South America (Brazil, Argentina, Colombia, and Rest of South America),Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa).
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Elastic product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Elastic, with price, sales, revenue and global market share of Elastic from 2019 to 2024.
Chapter 3, the Elastic competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Elastic breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Elastic market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Elastic.
Chapter 14 and 15, to describe Elastic sales channel, distributors, customers, research findings and conclusion.
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