The global Elastic market size is predicted to grow from US$ 1343 million in 2025 to US$ 1711 million in 2031; it is expected to grow at a CAGR of 4.1% from 2025 to 2031.
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.
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.
The 鈥淓lastic Industry Forecast鈥� looks at past sales and reviews total world Elastic sales in 2024, providing a comprehensive analysis by region and market sector of projected Elastic sales for 2025 through 2031. With Elastic sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Elastic industry.
This Insight Report provides a comprehensive analysis of the global Elastic landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Elastic portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Elastic market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Elastic and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Elastic.
This report presents a comprehensive overview, market shares, and growth opportunities of Elastic market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Woven
Knitted
Others
Segmentation by Application:
Apparel
Underwear
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Elastic market?
What factors are driving Elastic market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Elastic market opportunities vary by end market size?
How does Elastic break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Elastic Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Elastic by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Elastic by Country/Region, 2020, 2024 & 2031
2.2 Elastic Segment by Type
2.2.1 Woven
2.2.2 Knitted
2.2.3 Others
2.3 Elastic Sales by Type
2.3.1 Global Elastic Sales Market Share by Type (2020-2025)
2.3.2 Global Elastic Revenue and Market Share by Type (2020-2025)
2.3.3 Global Elastic Sale Price by Type (2020-2025)
2.4 Elastic Segment by Application
2.4.1 Apparel
2.4.2 Underwear
2.4.3 Others
2.5 Elastic Sales by Application
2.5.1 Global Elastic Sale Market Share by Application (2020-2025)
2.5.2 Global Elastic Revenue and Market Share by Application (2020-2025)
2.5.3 Global Elastic Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Elastic Breakdown Data by Company
3.1.1 Global Elastic Annual Sales by Company (2020-2025)
3.1.2 Global Elastic Sales Market Share by Company (2020-2025)
3.2 Global Elastic Annual Revenue by Company (2020-2025)
3.2.1 Global Elastic Revenue by Company (2020-2025)
3.2.2 Global Elastic Revenue Market Share by Company (2020-2025)
3.3 Global Elastic Sale Price by Company
3.4 Key Manufacturers Elastic Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Elastic Product Location Distribution
3.4.2 Players Elastic Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Elastic by Geographic Region
4.1 World Historic Elastic Market Size by Geographic Region (2020-2025)
4.1.1 Global Elastic Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Elastic Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Elastic Market Size by Country/Region (2020-2025)
4.2.1 Global Elastic Annual Sales by Country/Region (2020-2025)
4.2.2 Global Elastic Annual Revenue by Country/Region (2020-2025)
4.3 Americas Elastic Sales Growth
4.4 APAC Elastic Sales Growth
4.5 Europe Elastic Sales Growth
4.6 Middle East & Africa Elastic Sales Growth
5 Americas
5.1 Americas Elastic Sales by Country
5.1.1 Americas Elastic Sales by Country (2020-2025)
5.1.2 Americas Elastic Revenue by Country (2020-2025)
5.2 Americas Elastic Sales by Type (2020-2025)
5.3 Americas Elastic Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Elastic Sales by Region
6.1.1 APAC Elastic Sales by Region (2020-2025)
6.1.2 APAC Elastic Revenue by Region (2020-2025)
6.2 APAC Elastic Sales by Type (2020-2025)
6.3 APAC Elastic Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Elastic by Country
7.1.1 Europe Elastic Sales by Country (2020-2025)
7.1.2 Europe Elastic Revenue by Country (2020-2025)
7.2 Europe Elastic Sales by Type (2020-2025)
7.3 Europe Elastic Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Elastic by Country
8.1.1 Middle East & Africa Elastic Sales by Country (2020-2025)
8.1.2 Middle East & Africa Elastic Revenue by Country (2020-2025)
8.2 Middle East & Africa Elastic Sales by Type (2020-2025)
8.3 Middle East & Africa Elastic Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Elastic
10.3 Manufacturing Process Analysis of Elastic
10.4 Industry Chain Structure of Elastic
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Elastic Distributors
11.3 Elastic Customer
12 World Forecast Review for Elastic by Geographic Region
12.1 Global Elastic Market Size Forecast by Region
12.1.1 Global Elastic Forecast by Region (2026-2031)
12.1.2 Global Elastic Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Elastic Forecast by Type (2026-2031)
12.7 Global Elastic Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Stretchline
13.1.1 Stretchline Company Information
13.1.2 Stretchline Elastic Product Portfolios and Specifications
13.1.3 Stretchline Elastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Stretchline Main Business Overview
13.1.5 Stretchline Latest Developments
13.2 Taiwan Paiho
13.2.1 Taiwan Paiho Company Information
13.2.2 Taiwan Paiho Elastic Product Portfolios and Specifications
13.2.3 Taiwan Paiho Elastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Taiwan Paiho Main Business Overview
13.2.5 Taiwan Paiho Latest Developments
13.3 Fulflex
13.3.1 Fulflex Company Information
13.3.2 Fulflex Elastic Product Portfolios and Specifications
13.3.3 Fulflex Elastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Fulflex Main Business Overview
13.3.5 Fulflex Latest Developments
13.4 Asheboro Elastics Corp
13.4.1 Asheboro Elastics Corp Company Information
13.4.2 Asheboro Elastics Corp Elastic Product Portfolios and Specifications
13.4.3 Asheboro Elastics Corp Elastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Asheboro Elastics Corp Main Business Overview
13.4.5 Asheboro Elastics Corp Latest Developments
13.5 Rimteks
13.5.1 Rimteks Company Information
13.5.2 Rimteks Elastic Product Portfolios and Specifications
13.5.3 Rimteks Elastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Rimteks Main Business Overview
13.5.5 Rimteks Latest Developments
13.6 Spica Group
13.6.1 Spica Group Company Information
13.6.2 Spica Group Elastic Product Portfolios and Specifications
13.6.3 Spica Group Elastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Spica Group Main Business Overview
13.6.5 Spica Group Latest Developments
13.7 Hung Hon(4k) Limited
13.7.1 Hung Hon(4k) Limited Company Information
13.7.2 Hung Hon(4k) Limited Elastic Product Portfolios and Specifications
13.7.3 Hung Hon(4k) Limited Elastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Hung Hon(4k) Limited Main Business Overview
13.7.5 Hung Hon(4k) Limited Latest Developments
13.8 Premco Global
13.8.1 Premco Global Company Information
13.8.2 Premco Global Elastic Product Portfolios and Specifications
13.8.3 Premco Global Elastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Premco Global Main Business Overview
13.8.5 Premco Global Latest Developments
13.9 SANKEI
13.9.1 SANKEI Company Information
13.9.2 SANKEI Elastic Product Portfolios and Specifications
13.9.3 SANKEI Elastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 SANKEI Main Business Overview
13.9.5 SANKEI Latest Developments
13.10 Amanda Textile
13.10.1 Amanda Textile Company Information
13.10.2 Amanda Textile Elastic Product Portfolios and Specifications
13.10.3 Amanda Textile Elastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Amanda Textile Main Business Overview
13.10.5 Amanda Textile Latest Developments
13.11 Best Pacific International
13.11.1 Best Pacific International Company Information
13.11.2 Best Pacific International Elastic Product Portfolios and Specifications
13.11.3 Best Pacific International Elastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Best Pacific International Main Business Overview
13.11.5 Best Pacific International Latest Developments
13.12 Jiaxing Huayan Elastic Manufacture
13.12.1 Jiaxing Huayan Elastic Manufacture Company Information
13.12.2 Jiaxing Huayan Elastic Manufacture Elastic Product Portfolios and Specifications
13.12.3 Jiaxing Huayan Elastic Manufacture Elastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Jiaxing Huayan Elastic Manufacture Main Business Overview
13.12.5 Jiaxing Huayan Elastic Manufacture Latest Developments
13.13 BOXER BRIEF
13.13.1 BOXER BRIEF Company Information
13.13.2 BOXER BRIEF Elastic Product Portfolios and Specifications
13.13.3 BOXER BRIEF Elastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 BOXER BRIEF Main Business Overview
13.13.5 BOXER BRIEF Latest Developments
14 Research Findings and Conclusion
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*If Applicable.