The Global Woven Elastic Narrow Fabric Market was valued at USD 2.85 Billion in 2023 and is projected to reach USD 3.72 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 3.9% during the forecast period (2024–2030). This steady growth is driven by rising demand from the global apparel industry, the expansion of athleisure wear, and increasing applications in medical and orthopedic products requiring high-performance elastic components.
As the textile industry embraces smarter, more sustainable, and higher-performance materials, the role of specialized narrow fabric manufacturers becomes increasingly critical. In this blog, we profile the Top 10 Companies in the Woven Elastic Narrow Fabric Industry—a group of innovators and market leaders delivering the stretch and recovery essential to modern clothing and technical textiles.
🔟 1. Stretchline
Headquarters: Hong Kong
Key Offering: High-performance elastics, Lace elastics, Sustainable elastics
Stretchline is a global leader in the development and manufacture of narrow elastic fabrics, serving major apparel brands worldwide. The company is renowned for its technical expertise in producing elastics for intimate apparel, swimwear, and sportswear, with a strong focus on innovation and sustainability.
Innovation and Sustainability Initiatives:
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Development of recycled and bio-based elastic yarns
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Patented Seamless Technology for enhanced comfort
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Commitment to reducing water and energy consumption in manufacturing
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Woven Elastic Narrow Fabric Market – View in Detailed Research Report
9️⃣ 2. Taiwan Paiho Limited
Headquarters: Taichung, Taiwan
Key Offering: Shoelaces, Elastic webbings, Hook and loop fasteners
Taiwan Paiho is one of the world’s largest manufacturers of narrow fabrics, with a diverse product portfolio that serves the footwear, apparel, and industrial sectors. The company operates numerous manufacturing facilities across Asia and has a significant global market share.
Innovation and Sustainability Initiatives:
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Investment in automated manufacturing and smart textiles
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Development of eco-friendly materials and processes
8️⃣ 3. Fulflex
Headquarters: Rhode Island, USA
Key Offering: Woven elastics, Braided elastics, Laminated elastics
Fulflex is a leading manufacturer of elastic materials with a strong presence in the North American market. The company specializes in both woven and braided elastics for a wide range of applications, including apparel, medical, and industrial uses, with a reputation for quality and reliability.
Innovation and Sustainability Initiatives:
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Focus on medical-grade elastics with enhanced biocompatibility
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Implementation of lean manufacturing and waste reduction programs
7️⃣ 4. Asheboro Elastics Corp.
Headquarters: North Carolina, USA
Key Offering: Custom woven elastics, Functional narrow fabrics
Asheboro Elastics Corp. is a prominent US-based manufacturer known for its custom weaving capabilities and technical expertise. The company serves the apparel, automotive, and healthcare industries with high-quality elastic tapes and webbings.
Innovation and Sustainability Initiatives:
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Specialization in custom-engineered solutions for technical applications
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Adoption of energy-efficient weaving technologies
Download FREE Sample Report:
Woven Elastic Narrow Fabric Market – View in Detailed Research Report
6️⃣ 5. Rimteks
Headquarters: Istanbul, Turkey
Key Offering: Elastic tapes, Ribbons, Technical narrow fabrics
Rimteks is a key player in the European and Middle Eastern narrow fabric markets, leveraging Turkey’s strategic position as a textile hub. The company produces a wide array of elastic narrow fabrics for the garment industry, with a focus on fashion and functional applications.
Innovation and Sustainability Initiatives:
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Rapid response to fashion trends with quick turnaround times
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Investment in sustainable dyeing and finishing processes
5️⃣ 6. Spica Group
Headquarters: Castel Goffredo, Italy
Key Offering: High-fashion elastics, Lingerie tapes, Specialty narrow fabrics
Spica Group is an Italian manufacturer synonymous with quality and design, catering primarily to the high-end intimate apparel and fashion sectors. The company is recognized for its innovative products and strong design capabilities that align with European fashion trends.
Innovation and Sustainability Initiatives:
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Collaboration with fashion brands on custom design solutions
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Use of Oeko-Tex certified materials and processes
4️⃣ 7. Hung Hon (HK) Limited
Headquarters: Hong Kong
Key Offering: Woven labels, Elastic bands, Drawcords
Hung Hon is a diversified textile manufacturer with a significant presence in the narrow fabrics segment. The company supplies elastic products to a global client base, supported by manufacturing facilities in China and a strong focus on quality control.
Innovation and Sustainability Initiatives:
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Vertical integration from yarn to finished elastic tape
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Implementation of stringent social and environmental compliance standards
3️⃣ 8. Premco Global
Headquarters: Pennsylvania, USA
Key Offering: Narrow woven fabrics, Elastic webbings, Custom tapes
Premco Global is a US-based manufacturer with a long history in narrow fabric production. The company serves diverse markets, including apparel, military, and industrial sectors, with a reputation for producing durable and high-performance elastic materials.
Innovation and Sustainability Initiatives:
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Development of technical fabrics for specialized applications
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Commitment to domestic manufacturing and supply chain resilience
2️⃣ 9. SANKEI
Headquarters: Osaka, Japan
Key Offering: Precision narrow fabrics, Elastic tapes, Functional textiles
SANKEI is a Japanese manufacturer known for its high-precision narrow fabrics and technical textiles. The company leverages advanced technology to produce elastics for automotive, medical, and electronics applications, in addition to traditional apparel uses.
Innovation and Sustainability Initiatives:
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Focus on miniaturization and precision for technical applications
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Investment in R&D for smart and functional textiles
1️⃣ 10. Amanda Textile
Headquarters: Taipei, Taiwan
Key Offering: Woven elastics, Ribbons, Webbing products
Amanda Textile is a Taiwanese manufacturer with a global footprint in the narrow fabric industry. The company produces a comprehensive range of elastic products for apparel, footwear, and accessories, competing effectively on both quality and cost.
Innovation and Sustainability Initiatives:
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Expansion into value-added and functional elastic products
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Adoption of green manufacturing practices and certifications
Get Full Report Here:
Woven Elastic Narrow Fabric Market – View in Detailed Research Report
🌍 Outlook: The Future of Woven Elastic Narrow Fabric Is Smarter and More Sustainable
The woven elastic narrow fabric market is undergoing a significant transformation. While traditional apparel applications continue to drive volume, the industry is rapidly adopting sustainable materials, smart textile technologies, and advanced manufacturing processes to meet evolving consumer and regulatory demands.
📈 Key Trends Shaping the Market:
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Accelerated adoption of recycled and bio-based materials in elastic production
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Growing demand for seamless and fusion-based elastic applications in activewear
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Integration of smart features such as conductivity and sensing capabilities
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Brand-manufacturer collaborations for developing proprietary elastic solutions
Get Full Report Here:
Woven Elastic Narrow Fabric Market – View in Detailed Research Report
The companies listed above are not only supplying essential components to global supply chains—they’re driving the innovation and sustainability agenda for the entire textile industry.
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