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GLOBAL Textile fabrics impregnated, coated, covered or laminated with plastics (HS Code 5903) (USD in Million)
GLOBAL Textile fabrics impregnated, coated, covered or laminated with plastics (HS Code 5903) (USD in Million)
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Overview: Global exports of these specialized textile fabrics haveshown a positive trend, increasing from $11,367.6 million in 2020 to $14,824.1 million in 2024, achieving aCompound Annual Growth Rate (CAGR) of 6.9%. Thisindicates a healthy and expanding global market forthese products.China remains the undisputed leader in exportingplastic-coated textile fabrics, driven by its massivemanufacturing capacity and competitive pricing. Itsability to recover from the 2023 dip further solidifies itsposition.Germany and Italy, while having different growth rates,represent the strength of European manufacturersin this segment, likely focusing on specialized, high- performance,or design-led products.Countries like Korea and India are demonstrating strongexport capabilities, indicating their growing role in theglobal supply chain for these technical textiles. India’srecovery and upward trend are particularly noteworthy,signaling its potential as a significant player.The fluctuations in global and individual country exportfigures highlight the dynamic nature of internationaltrade and the impact of various macroeconomicfactors, supply chain disruptions and evolving demandpatterns.

10:16 AM, Oct 17

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