

The global market for Elastic was valued at US$ 1325 million in the year 2024 and is projected to reach a revised size of US$ 1735 million by 2031, growing at a CAGR of 4.0% during the forecast period.
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.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Elastic, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Elastic.
The Elastic market size, estimations, and forecasts are provided in terms of sales volume (M Meters) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Elastic market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Elastic manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
By Company
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
Segment by Type
Woven
Knitted
Others
Segment by Application
Apparel
Underwear
Others
Consumption by Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Mexico
Brazil
Argentina
Middle East and Africa
Turkey
Saudi Arabia
UAE
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Elastic manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Elastic in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report. 
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1 Elastic Market Overview
1.1 Product Definition
1.2 Elastic by Type
1.2.1 Global Elastic Market Value Comparison by Type (2024 VS 2031)
1.2.2 Woven
1.2.3 Knitted
1.2.4 Others
1.3 Elastic by Application
1.3.1 Global Elastic Market Value by Application (2024 VS 2031)
1.3.2 Apparel
1.3.3 Underwear
1.3.4 Others
1.4 Global Elastic Market Size Estimates and Forecasts
1.4.1 Global Elastic Revenue 2020-2031
1.4.2 Global Elastic Sales 2020-2031
1.4.3 Global Elastic Market Average Price (2020-2031)
1.5 Assumptions and Limitations
2 Elastic Market Competition by Manufacturers
2.1 Global Elastic Sales Market Share by Manufacturers (2020-2025)
2.2 Global Elastic Revenue Market Share by Manufacturers (2020-2025)
2.3 Global Elastic Average Price by Manufacturers (2020-2025)
2.4 Global Key Players of Elastic, Industry Ranking, 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Elastic, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Elastic, Product Type & Application
2.7 Global Key Manufacturers of Elastic, Date of Enter into This Industry
2.8 Global Elastic Market Competitive Situation and Trends
2.8.1 Global Elastic Market Concentration Rate
2.8.2 The Global 5 and 10 Largest Elastic Players Market Share by Revenue
2.8.3 Global Elastic Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.9 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Global Elastic Market Scenario by Region
3.1 Global Elastic Market Size by Region: 2020 Versus 2024 Versus 2031
3.2 Global Elastic Sales by Region: 2020-2031
3.2.1 Global Elastic Sales by Region: 2020-2025
3.2.2 Global Elastic Sales by Region: 2026-2031
3.3 Global Elastic Revenue by Region: 2020-2031
3.3.1 Global Elastic Revenue by Region: 2020-2025
3.3.2 Global Elastic Revenue by Region: 2026-2031
3.4 North America Elastic Market Facts & Figures by Country
3.4.1 North America Elastic Market Size by Country: 2020 VS 2024 VS 2031
3.4.2 North America Elastic Sales by Country (2020-2031)
3.4.3 North America Elastic Revenue by Country (2020-2031)
3.4.4 United States
3.4.5 Canada
3.5 Europe Elastic Market Facts & Figures by Country
3.5.1 Europe Elastic Market Size by Country: 2020 VS 2024 VS 2031
3.5.2 Europe Elastic Sales by Country (2020-2031)
3.5.3 Europe Elastic Revenue by Country (2020-2031)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Elastic Market Facts & Figures by Region
3.6.1 Asia Pacific Elastic Market Size by Region: 2020 VS 2024 VS 2031
3.6.2 Asia Pacific Elastic Sales by Region (2020-2031)
3.6.3 Asia Pacific Elastic Revenue by Region (2020-2031)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 China Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.7 Latin America Elastic Market Facts & Figures by Country
3.7.1 Latin America Elastic Market Size by Country: 2020 VS 2024 VS 2031
3.7.2 Latin America Elastic Sales by Country (2020-2031)
3.7.3 Latin America Elastic Revenue by Country (2020-2031)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Elastic Market Facts & Figures by Country
3.8.1 Middle East and Africa Elastic Market Size by Country: 2020 VS 2024 VS 2031
3.8.2 Middle East and Africa Elastic Sales by Country (2020-2031)
3.8.3 Middle East and Africa Elastic Revenue by Country (2020-2031)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 UAE
4 Segment by Type
4.1 Global Elastic Sales by Type (2020-2031)
4.1.1 Global Elastic Sales by Type (2020-2025)
4.1.2 Global Elastic Sales by Type (2026-2031)
4.1.3 Global Elastic Sales Market Share by Type (2020-2031)
4.2 Global Elastic Revenue by Type (2020-2031)
4.2.1 Global Elastic Revenue by Type (2020-2025)
4.2.2 Global Elastic Revenue by Type (2026-2031)
4.2.3 Global Elastic Revenue Market Share by Type (2020-2031)
4.3 Global Elastic Price by Type (2020-2031)
5 Segment by Application
5.1 Global Elastic Sales by Application (2020-2031)
5.1.1 Global Elastic Sales by Application (2020-2025)
5.1.2 Global Elastic Sales by Application (2026-2031)
5.1.3 Global Elastic Sales Market Share by Application (2020-2031)
5.2 Global Elastic Revenue by Application (2020-2031)
5.2.1 Global Elastic Revenue by Application (2020-2025)
5.2.2 Global Elastic Revenue by Application (2026-2031)
5.2.3 Global Elastic Revenue Market Share by Application (2020-2031)
5.3 Global Elastic Price by Application (2020-2031)
6 Key Companies Profiled
6.1 Stretchline
6.1.1 Stretchline Company Information
6.1.2 Stretchline Description and Business Overview
6.1.3 Stretchline Elastic Sales, Revenue and Gross Margin (2020-2025)
6.1.4 Stretchline Elastic Product Portfolio
6.1.5 Stretchline Recent Developments/Updates
6.2 Taiwan Paiho
6.2.1 Taiwan Paiho Company Information
6.2.2 Taiwan Paiho Description and Business Overview
6.2.3 Taiwan Paiho Elastic Sales, Revenue and Gross Margin (2020-2025)
6.2.4 Taiwan Paiho Elastic Product Portfolio
6.2.5 Taiwan Paiho Recent Developments/Updates
6.3 Fulflex
6.3.1 Fulflex Company Information
6.3.2 Fulflex Description and Business Overview
6.3.3 Fulflex Elastic Sales, Revenue and Gross Margin (2020-2025)
6.3.4 Fulflex Elastic Product Portfolio
6.3.5 Fulflex Recent Developments/Updates
6.4 Asheboro Elastics Corp
6.4.1 Asheboro Elastics Corp Company Information
6.4.2 Asheboro Elastics Corp Description and Business Overview
6.4.3 Asheboro Elastics Corp Elastic Sales, Revenue and Gross Margin (2020-2025)
6.4.4 Asheboro Elastics Corp Elastic Product Portfolio
6.4.5 Asheboro Elastics Corp Recent Developments/Updates
6.5 Rimteks
6.5.1 Rimteks Company Information
6.5.2 Rimteks Description and Business Overview
6.5.3 Rimteks Elastic Sales, Revenue and Gross Margin (2020-2025)
6.5.4 Rimteks Elastic Product Portfolio
6.5.5 Rimteks Recent Developments/Updates
6.6 Spica Group
6.6.1 Spica Group Company Information
6.6.2 Spica Group Description and Business Overview
6.6.3 Spica Group Elastic Sales, Revenue and Gross Margin (2020-2025)
6.6.4 Spica Group Elastic Product Portfolio
6.6.5 Spica Group Recent Developments/Updates
6.7 Hung Hon(4k) Limited
6.7.1 Hung Hon(4k) Limited Company Information
6.7.2 Hung Hon(4k) Limited Description and Business Overview
6.7.3 Hung Hon(4k) Limited Elastic Sales, Revenue and Gross Margin (2020-2025)
6.7.4 Hung Hon(4k) Limited Elastic Product Portfolio
6.7.5 Hung Hon(4k) Limited Recent Developments/Updates
6.8 Premco Global
6.8.1 Premco Global Company Information
6.8.2 Premco Global Description and Business Overview
6.8.3 Premco Global Elastic Sales, Revenue and Gross Margin (2020-2025)
6.8.4 Premco Global Elastic Product Portfolio
6.8.5 Premco Global Recent Developments/Updates
6.9 SANKEI
6.9.1 SANKEI Company Information
6.9.2 SANKEI Description and Business Overview
6.9.3 SANKEI Elastic Sales, Revenue and Gross Margin (2020-2025)
6.9.4 SANKEI Elastic Product Portfolio
6.9.5 SANKEI Recent Developments/Updates
6.10 Amanda Textile
6.10.1 Amanda Textile Company Information
6.10.2 Amanda Textile Description and Business Overview
6.10.3 Amanda Textile Elastic Sales, Revenue and Gross Margin (2020-2025)
6.10.4 Amanda Textile Elastic Product Portfolio
6.10.5 Amanda Textile Recent Developments/Updates
6.11 Best Pacific International
6.11.1 Best Pacific International Company Information
6.11.2 Best Pacific International Description and Business Overview
6.11.3 Best Pacific International Elastic Sales, Revenue and Gross Margin (2020-2025)
6.11.4 Best Pacific International Elastic Product Portfolio
6.11.5 Best Pacific International Recent Developments/Updates
6.12 Jiaxing Huayan Elastic Manufacture
6.12.1 Jiaxing Huayan Elastic Manufacture Company Information
6.12.2 Jiaxing Huayan Elastic Manufacture Description and Business Overview
6.12.3 Jiaxing Huayan Elastic Manufacture Elastic Sales, Revenue and Gross Margin (2020-2025)
6.12.4 Jiaxing Huayan Elastic Manufacture Elastic Product Portfolio
6.12.5 Jiaxing Huayan Elastic Manufacture Recent Developments/Updates
6.13 BOXER BRIEF
6.13.1 BOXER BRIEF Company Information
6.13.2 BOXER BRIEF Description and Business Overview
6.13.3 BOXER BRIEF Elastic Sales, Revenue and Gross Margin (2020-2025)
6.13.4 BOXER BRIEF Elastic Product Portfolio
6.13.5 BOXER BRIEF Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Elastic Industry Chain Analysis
7.2 Elastic Raw Material Supply Analysis
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Elastic Production Mode & Process Analysis
7.4 Elastic Sales and Marketing
7.4.1 Elastic Sales Channels
7.4.2 Elastic Distributors
7.5 Elastic Customer Analysis
8 Elastic Market Dynamics
8.1 Elastic Industry Trends
8.2 Elastic Market Drivers
8.3 Elastic Market Challenges
8.4 Elastic Market Restraints
9 Research Findings and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
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
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*If Applicable.