The scope of our recent study on the "Sailcloth Market Size and Forecast (2020-2030), Global and Regional Growth Opportunity Analysis -by Fiber Type and Application" includes the factors fueling the market growth, revenue estimation and forecast, market share analysis, and the identification of significant market players and their key developments.

The sailcloth market size is expected to grow from US$ 133.18 million in 2022 to US$ 171.69 million by 2030; it is estimated to register a CAGR of 3.2% from 2022 to 2030.

A sailcloth is a strong, heavy cloth that is used for making sails. Sailcloth is available in numerous synthetic materials, arrangements, weights, and weaves. A few of the fiber materials used for making sailcloth are polyester, nylon, ultra PE, carbon fiber, aramid fiber, and others. Nylon is used in full radial and asymmetrical spinnakers in the sailcloth because of its lightweight, high strength, flexibility, and superior abrasion resistance. Nylon does not have good resistance to stretch, making it unsuitable for mains and headsails. Ultra PE is ultra-high molecular weight polyethylene. Ultra PE fibers are highly processed polyethylene, which provides very good UV resistance and high breaking strength. Ultra PE fiber does exhibit a tendency to creep, i.e., elongate over time when kept under sustained high load. Hence, the ultra PE mass in the sailcloth needs to be relatively high as compared to the expected sail load. Carbon fiber is one of the new and most popular sail materials. Carbon fiber is highly used in racing boats due to its durability and lightweight properties. Carbon fiber is known for its extreme strength-to-weight ratio. It does not stretch or decay rapidly.

Based on the application, the global sailcloth market is segmented into cruising sails and racing sails. The global sailcloth market share for the racing sails segment was the largest in 2022. Woven and composite materials find application in racing sails. Further, the growing popularity of sailing and increasing participation in competitive sailing are driving the demand for racing sails. This is positively impacting the demand for sailcloths for racing sails.

The global sailcloth market is segmented into five main regions-North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America. North America held the largest revenue share of the global sailcloth market in 2022. The US, one of the key economies in North America, contributes significantly to the growth of the sailcloth market. There is a resurgence in interest in sailing as a recreational activity, driven by an increasing focus on outdoor and water-based pursuits. This has led to a rise in boat ownership and an uptick in the need for high-quality sail materials. According to the National Marine Manufacturers Association, the annual sales of boats, marine products, and services in the US totaled US$ 56.7 billion in 2021, recording an increase of 12.7% compared to 2020. Further, there is a rising interest in recreational sailing and boating activities across Canada. With wide coastlines, vast lakes, and a growing appreciation for outdoor activities, boat ownership is on the rise in this country. This translates to a direct need for sails, propelling the sailcloth market forward.

Global Sailcloth Market Breakdown - by Region

The report includes the segmentation of the global sailcloth market as follows:

The report includes the segmentation of the sailcloth market as follows: The global sailcloth market is segmented on the basis of fiber type, application, and geography. Based on fiber type, the market is segmented into polyester, nylon, ultra PE, carbon fiber, aramid, and others. By application, the market is segmented into cruising sails and racing sails. By geography, the sailcloth market is broadly segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. The North America market is further segmented into the US, Canada, and Mexico. The market in Europe is sub-segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The Asia Pacific market is further segmented into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The sailcloth market in the Middle East & Africa is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The South & Central America market is further segmented into Brazil, Argentina, and the Rest of South & Central America.




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