In the context of an increasingly competitive global textile and garment market, finding and developing niche markets is becoming an important strategy for many businesses. One of the prominent areas is the production and export of fire-resistant fabrics and clothing. This is not only a mandatory requirement in a number of industries but also opens up great opportunities for Vietnamese businesses to diversify products and increase export value.
Potential of the fire-resistant fabric market
According to a report from Market Research Future, the global fire-resistant fabric market is expected to reach a value of US$5.2 billion by 2027, with a compound annual growth rate (CAGR) of about 6.7% from 2021 to 2027. This growth is driven by strict regulations on labor safety and increasing demand from industries such as oil and gas, chemicals, and manufacturing.
Opportunities for Vietnam’s textile and garment exports
Vietnam, with its advantages of low production costs and the ability to provide high-quality products, has great potential in exploiting the market for fire-resistant fabrics and clothing. Currently, the export market share of these products from Vietnam is still modest, mainly focusing on large markets such as the US, Europe and Japan. However, with the right strategy, Vietnam can increase its presence in this field.
Key products and quality requirements
Fire-resistant fabrics are often produced from special fibers such as Nomex, Kevlar, and meta-aramid fibers, ensuring good heat resistance and fire resistance. To meet export requirements, Vietnamese enterprises need to comply with international standards such as EN 11612, NFPA 2112, and ISO 11611. Investing in modern technology and production processes, as well as cooperating with international partners, will help improve product quality and expand markets.
According to the General Department of Vietnam Customs, Vietnam’s export of fire-resistant textile products in 2023 will reach about 50 million USD, an increase of 25% compared to 2022. This shows strong growth potential in this field as Vietnamese textile enterprises begin to focus more on this niche market.
With the increasing demand for labor safety and human protection, fire-resistant fabrics and clothing are becoming a potential niche market for the Vietnamese textile industry. Seizing opportunities and investing in production technology and improving product quality will help Vietnamese enterprises not only increase export value but also affirm their position in the international market.