menu
Textile Industry is Expected to Increase with a CAGR (2023-2030)
The economic value generated by the textile industry was estimated at approximately USD 1.7 trillion in 2022.

Textile Industry Data Book Covers Household Textile, Technical Textile and Fashion Textile Markets.

The economic value generated by the textile industry was estimated at approximately USD 1.7 trillion in 2022.

Grand View Research’s textile industry databook is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with an agricultural statistics e-book.

Textile Market Insights

The global textile market size was valued at USD 993.6 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.0% from 2022 to 2030. 

Cotton led the market and accounted for more than 39% share of the global textile revenue in 2021. Cotton being the world’s most important natural fiber is attributed due to its superior property such as high strength, absorption, and color retention. China, India, and the U.S. are the major producer of cotton and cotton-based products in the world. Chemical-based textile is estimated to account for 97,075.9 kilotons in 2021, as they play an important role in the entire textile manufacturing industry.

Natural fibers led the market in 2021 accounting for the maximum revenue share of more than 44.5%. This high growth was attributed to the wide use of natural fibers in diverse applications of the fashion and apparel industry. The segment will expand further at a steady CAGR from 2022 to 2030 due to the increasing environmental concerns coupled with the consumer shift toward sustainable products, which will drive the demand for natural fibers.

The fashion application segment led the market and accounted for more than 73% of the global revenue share in 2021 owing to the increased consumer spending on clothing and apparel. In addition, high consumer demand for crease-free suiting & shirting fabrics, as well as quality-dyed & printed fabrics across the globe will drive the segment growth further.

Access the Global Textile Industry Data Book, 2022 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competition benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Technical Textile Market Insights

The global technical textiles market size was valued at USD 188.81 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.7% from 2023 to 2030.

The 3D weaving manufacturing technology segment led the market and accounted for more than 23.45% share of the global revenue in 2022. The demand for 3D weaving technology-based products in the construction, ballistic, automotive, marine, and other application industries drives segment growth. It is expected to retain its dominance throughout the forecast period.

The hometech textiles led the industry and accounted for over 19.50% of the global revenue share in 2022. The high share is mainlydue to the increasedproduct demand from the household sector, which includes cushioning materials, furniture, floor & wall covering, fireproofing, and others. This is expected to witness a positive trend in the upcoming periodwith a rise in residential construction, especially in emerging economies.

Textile Market – Global Industry Segmentation 

Textile Market Analysis, By Raw Material, 2017 - 2030 (Volume, Kiloton; Revenue, USD Million)

Raw Material Movement Analysis & Market Share, 2021 & 2030

Market Estimates and Forecasts By Raw Material, 2017 - 2030 (Kiloton) (USD Million)

  • Cotton
  • Chemical
  • Wool
  • Silk
  • Other Raw Materials 

Textile Market Analysis, By Product, 2017 - 2030 (Volume, Kiloton; Revenue, USD Million)

Product Movement Analysis & Market Share, 2021 & 2030

Market Estimates and Forecasts By Product, 2017 - 2030 (Kiloton) (USD Million)

  • Natural Fibers
  • Polyesters
  • Nylon
  • Other Products

 

Textile Market Analysis, By Application, 2017 - 2030 (Volume, Kiloton; Revenue, USD Million)

Product Movement Analysis & Market Share, 2021 & 2030

Market Estimates and Forecasts By Product, 2017 - 2030 (Kiloton) (USD Million)

  • Household
  • Technical
  • Fashion
  • Others

 Household Textile Market Analysis, By Application, 2017 - 2030 (Volume, Kiloton; Revenue, USD Million)

Product Movement Analysis & Market Share, 2021 & 2030

Market Estimates and Forecasts By Product, 2017 - 2030 (Kiloton) (USD Million)

  • Bedding
  • Kitchen
  • Upholstery
  • Towel
  • Other Household Applications

Technical Textile Market Analysis, By Application, 2017 - 2030 (Volume, Kiloton; Revenue, USD Million)

Product Movement Analysis & Market Share, 2021 & 2030

Market Estimates and Forecasts By Product, 2017 - 2030 (Kiloton) (USD Million)

  • Construction
  • Transportation
  • Protective
  • Medical
  • Others

Fashion Textile Market Analysis, By Application, 2017 - 2030 (Volume, Kiloton; Revenue, USD Million)

Product Movement Analysis & Market Share, 2021 & 2030

Market Estimates and Forecasts By Product, 2017 - 2030 (Kiloton) (USD Million)

  • Apparel
  • Ties & Clothing Accessories
  • Handbags
  • Others

Order your copy of the Free Sample of “Textile Industry Data Book - Household Textile, Technical Textile and Fashion Textile Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Textile Industry Data Book Regional Outlook

  • North America
  1. U.S.
  2. Canada
  3. Mexico
  • Europe
  1. U.K.
  2. Germany
  3. France
  4. Italy
  5. Turkey
  • Asia Pacific
  1. China
  2. Japan
  3. India
  4. Australia
  • Central & South America
  1. Brazil
  2. Argentina
  3. El Salvador
  4. Nicaragua
  5. Honduras
  6. Guatemala
  7. Costa Rica
  8. Dominican Republic
  • Middle East & Africa (MEA)
  1. Iran
  2. Saudi Arabia

Textile Industry Data Book Competitive Landscape

The global textile market is moderately competitive, with companies increasing their product portfolio and expanding their production capacity to serve the growing demand, particularly in emerging markets.

Key players operating in the textile industry are –

  • BSL Limited
  • INVISTA S.R.L
  • Lu Thai Textile Co., Ltd
  • Paramount Textile Limited
  • Paulo de Oliveira, S.A
  • Successori REDA S.p.A
  • Shandong Jining Ruyi Woolen Textile Co Ltd.
  • China Textile (Shenzhen) Co. Ltd
  • Modern Woollens Ltd.
  • JCT Limited
  • Shandong Demian Incorporated Company
  • Shijiazhuang Changshan Textile Co., Ltd
  • Weiqiao Textile Co Ltd
  • DBL Group
  • B.D. Textile Mills Pvt. Ltd.
  • IBENA Inc
  • Heytex Bramsche GmbH
  • Bahariye AS

Go through the table of content of Textile Industry Data Book to get a better understanding of the Coverage & Scope of the study

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com/sector-reports-list

Follow Us: LinkedIn | Twitter