Over the next ten years, the market is anticipated to maintain an upward consumption trend, driven by the UK’s growing demand for technical textile products. The market is expected to slow down and grow at a predicted compound annual growth rate (CAGR) of +1.3 per cent between 2024 and 2035, reaching a volume of 17K tonnes by the end of 2035.
In value terms, the market is expected to grow at a projected compound annual growth rate (CAGR) of +1.8 per cent between 2024 and 2035, reaching a market size of US $ 277 million (at nominal wholesale prices) by the end of 2035.
The UK’s consumption of technical textiles increased by 14 per cent from 2023 to 15 thousand tonnes in 2024. In 2024, the UK’s technical textiles market grew significantly to US $ 229 million, a 6.6 per cent increase from the year before.
The UK produced 8.5 thousand tonnes of technical textiles in 2024, which was the same as 2023 levels. The output of technical textiles increased quickly in terms of value, reaching an expected US $ 222 million in export prices in 2024.
In 2024, the United Kingdom imported 8.9 thousand tonnes of technical textiles, a 20 per cent increase over the previous year. Imports of technological textiles decreased slightly to US $ 157 million in 2024.
Together, they accounted for 58 per cent of all imports of technical textiles into the UK, with Germany (2.1 thousand tonnes), China (2 thousand tonnes), and Belgium (1.1 thousand tonnes) being the top suppliers. With a combined 28 per cent, the United States, the Czech Republic, France, Italy, India, and the Netherlands trailed somewhat.
With 27 per cent of all imports, Germany was the UK’s biggest supplier of textile materials and articles for technical uses, valued at US $ 43 million. With a 7.2 per cent percentage of total imports, China ( US $ 11 million) came in second in the ranking. Belgium, with a 7 per cent share, came next.
