Global Lining Market: Overview
In terms of tailoring and sewing, a lining refers to an inner layer of fur, fabric or any other material that is placed inside handbags, hats, curtains, luggage, and clothing. Linings offer a neat finish and hide raw edges of seams, padding, and interfacing. It is also utilized in the concealment of various other construction details. The global lining market is foreseen to observe growth in the increased preference for garments with lining.
The purpose of providing lining material is to give a clean and smooth finish and to avoid stretching of the material. Lining helps in the prolonging the product life. In addition, lining attached as an inner of a garment helps in the maintenance of body shape. The materials that are used as lining are utilized in bettering structure, durability and in adding luxury to the product. Viscose, acetate, silk, rayon, and polyester are some of the fibers that are popularly used as material for lining. Driven by the multiple benefits of the product, the global lining market is likely to exhibit steady growth over the period of forecast, from 2020 to 2030.
Product, end use, and region are the three significant parameters based on which the global lining market has been classified. Such detailed analysis of the market comes with the sole purpose to provide stakeholders with a detailed and clear analysis of the global lining market.
Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report
Global Lining Market: Notable Developments
One of the important market developments that give a quick view of the dynamics pertaining to the global lining market is mentioned as below:
- In October 2018, Amsterdam-based Akzo Nobel N.V. acquired Romanian decorative paint company, Fabryo Corporation S.R.L. The transaction comprises six distribution centers and two production facilities for mortars, adhesives, and decorative paints. Following the acquisition, AkzoNobel is likely to come up as one of the market leaders in the decorative paints market.
Some of the prominent organizations in the global lining market comprise the below-mentioned:
- Union developing group of China Ltd
- Taiwan Dyeing & Fabric Co., Ltd
- Akzo Nobel N.V.
- Loyal Textile Mills Ltd
- The Freudenberg Group
- Edmund Bell & Co Ltd
Looking for Regional Analysis or Competitive Landscape in Global Lining market, ask for a customized report
Global Lining Market: Key Trends
The global lining market is characterized by the presence of the following restraints, drivers, and opportunities.
Demand from Textile Industry to Widen the Scope of Use of Linings in Garments
The development of the global lining market is anticipated to be driven by the rapid economic growth of certain countries and increased disposable income of the people. In addition, increased in wealth, growing commercialization and urbanization, awareness of latest trends and fashion, and change in the lifestyle of people are likely to drive the growth of the global lining market over the assessment period, form 2020 to 2030.
Textile industry is witnessing considerable growth in the textile industry due to augmented demand for trendy clothes. Change in fashion requires lining for specific types of clothes. Lining fabrics are extensively utilized across the textile industry for a wide variety of clothing lines. The growth of textile industry is likely to widen expansion of the global lining market in the years to come.
However, the outbreak of global pandemic, Covid 19, has brought almost all the manufacturing industries to a standstill. Supply lines have been disrupted. With salary cuts and job losses, people are expected to spend money only on essential products and services, which is estimated to adversely affect the growth of the global lining market in the few months to come.
Global Lining Market: Geographical Analysis
Europe, Asia Pacific, and Latin America are estimated to collectively account for major chunk of the global lining market throughout the period of analysis. Bangladesh, India and China are expected to lead the market in the Asia Pacific region. Mexico, Brazil, and Peru are estimated to propel growth of the lining market in Latin America. The flourishing textile industry in these countries is likely to play a major role in the development of the lining market.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.