Lace fabric is what is called an openwork fabric. It has holes that are open, and most often are made as part of the lace fabric itself. As with all things fabric, Lace fabric is no exception in the wide variety of use and makes. Lace fabrics are actually defined by the way it is made. The making of lace fabrics dates back to the late 15th and early 16th centuries. It has always been highly regarded among professional dealers of all fabrics everywhere. Of course, one of the most important considerations when choosing your particular lace fabric, is the way it looks.