The global market for Textile Fibers was valued at US$48.7 Billion in 2024 and is projected to reach US$66.5 Billion by 2030, growing at a CAGR of 5.3% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The increasing consumer and regulatory focus on sustainability is another significant growth driver for the textile fibers market. There is a growing demand for fibers that have a lower environmental impact throughout their lifecycle, from production to disposal. This trend has led to the rise of sustainable fibers such as organic cotton, hemp, bamboo, and recycled polyester. Companies are investing in technologies that reduce water and energy consumption during the production process. Biopolymers are an exciting frontier in the textile fiber industry. The concept of a circular economy is gaining traction, with efforts to recycle and repurpose textile waste into new fibers. These sustainable practices not only meet consumer preferences but also help manufacturers comply with stringent environmental regulations, promoting a greener and more responsible textile industry. The integration of electrical functionality into textile fibers is a burgeoning field with vast potential. Electrically functional apparel and substrates could revolutionize various industries by incorporating capabilities such as motion activation, photovoltaic energy generation, and flexible display screens.
The burgeoning middle class in emerging markets such as China, India, and Southeast Asia is driving significant demand for textile fibers. Increasing disposable incomes and urbanization are leading to higher consumption of textiles for apparel, home furnishings, and industrial applications. The expansion of the e-commerce sector is also making textiles more accessible to a broader audience, further boosting demand. Governments in these regions are supporting the textile industry through favorable policies and investments in infrastructure. This growth in emerging markets is not only driving the production and consumption of traditional fibers like cotton and polyester but also creating opportunities for innovative and high-performance fibers, enhancing the global textile market's overall diversity and resilience.
Global Textile Fibers Market - Key Trends and Drivers Summarized
Textile fibers are natural or synthetic structures that can be spun into yarn and woven, knitted, or bonded into fabric. These fibers are fundamental components of the fabrics used in countless applications worldwide. With the ever-evolving landscape of technology and consumer demands, the textile industry is experiencing significant changes. One of the primary growth drivers in the textile fibers market is the rapid advancement in technology and the development of advanced materials. Innovations such as nanotechnology, biotechnology, and smart textiles are transforming the industry. Nanotechnology is enabling the creation of fibers with enhanced properties such as increased strength, durability, and resistance to water and stains. Biotechnology is contributing to the production of eco-friendly fibers such as bio-based polyester and spider silk, which offer superior performance while reducing environmental impact. Additionally, smart textiles embedded with electronic components can monitor health metrics, adjust temperature, or change color, driving demand in sectors such as healthcare, sportswear, and fashion.The increasing consumer and regulatory focus on sustainability is another significant growth driver for the textile fibers market. There is a growing demand for fibers that have a lower environmental impact throughout their lifecycle, from production to disposal. This trend has led to the rise of sustainable fibers such as organic cotton, hemp, bamboo, and recycled polyester. Companies are investing in technologies that reduce water and energy consumption during the production process. Biopolymers are an exciting frontier in the textile fiber industry. The concept of a circular economy is gaining traction, with efforts to recycle and repurpose textile waste into new fibers. These sustainable practices not only meet consumer preferences but also help manufacturers comply with stringent environmental regulations, promoting a greener and more responsible textile industry. The integration of electrical functionality into textile fibers is a burgeoning field with vast potential. Electrically functional apparel and substrates could revolutionize various industries by incorporating capabilities such as motion activation, photovoltaic energy generation, and flexible display screens.
The burgeoning middle class in emerging markets such as China, India, and Southeast Asia is driving significant demand for textile fibers. Increasing disposable incomes and urbanization are leading to higher consumption of textiles for apparel, home furnishings, and industrial applications. The expansion of the e-commerce sector is also making textiles more accessible to a broader audience, further boosting demand. Governments in these regions are supporting the textile industry through favorable policies and investments in infrastructure. This growth in emerging markets is not only driving the production and consumption of traditional fibers like cotton and polyester but also creating opportunities for innovative and high-performance fibers, enhancing the global textile market's overall diversity and resilience.
Report Scope
The report analyzes the Textile Fibers market, presented in terms of market value (USD). The analysis covers the key segments and geographic regions outlined below.Segments
Product Segment (Textile Fibers).Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.Regional Analysis:
Gain insights into the U.S. market, valued at $12.7 Billion in 2024, and China, forecasted to grow at an impressive 7.8% CAGR to reach $14.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Textile Fibers Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Textile Fibers Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Textile Fibers Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Aditya Birla Group, Aksa Akrilik Kimya Sanayii A.S., Asahi Kasei Corporation, Barnhardt Manufacturing Company, Celanese Corporation and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 282 companies featured in this Textile Fibers market report include:
- Aditya Birla Group
- Aksa Akrilik Kimya Sanayii A.S.
- Asahi Kasei Corporation
- Barnhardt Manufacturing Company
- Celanese Corporation
- Crescent Textile Mills Ltd.
- Daicel Corporation
- DAK Americas LLC
- Dow Inc.
- Eastman Chemical Company
- ES FiberVisions Inc.
- Far Eastern New Century Corporation
- Formosa Plastics Group
- Freudenberg Performance Materials
- Grasim Industries Limited
- Honeywell International, Inc.
- Hyosung Corp.
- Indorama Ventures Public Company Limited
- INVISTA
- Jaya Shree Textiles
- Kuraray Co. Ltd.
- Marzotto SpA
- Mitsubishi Chemical Corporation
- Montefibre SpA
- Nan Ya Plastics Corporation
- NatureWorks LLC
- Recron Malaysia Sdn Bhd
- Reliance Industries Ltd.
- SASA Polyester Sanayi A.S.
- Sinopec Yizheng Chemical Fiber Co. Ltd.
- Sinterama SpA
- Solvay S.A.
- Tangshan Sanyou Xingda Chemical Fiber Co. Ltd.
- Thai Polyester Company Limited
- Thai Rayon Public Co. Ltd.
- The Lenzing Group
- Toray Industries Inc.
- Unifi Inc.
- Weiqiao Textile Co. Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aditya Birla Group
- Aksa Akrilik Kimya Sanayii A.S.
- Asahi Kasei Corporation
- Barnhardt Manufacturing Company
- Celanese Corporation
- Crescent Textile Mills Ltd.
- Daicel Corporation
- DAK Americas LLC
- Dow Inc.
- Eastman Chemical Company
- ES FiberVisions Inc.
- Far Eastern New Century Corporation
- Formosa Plastics Group
- Freudenberg Performance Materials
- Grasim Industries Limited
- Honeywell International, Inc.
- Hyosung Corp.
- Indorama Ventures Public Company Limited
- INVISTA
- Jaya Shree Textiles
- Kuraray Co. Ltd.
- Marzotto SpA
- Mitsubishi Chemical Corporation
- Montefibre SpA
- Nan Ya Plastics Corporation
- NatureWorks LLC
- Recron Malaysia Sdn Bhd
- Reliance Industries Ltd.
- SASA Polyester Sanayi A.S.
- Sinopec Yizheng Chemical Fiber Co. Ltd.
- Sinterama SpA
- Solvay S.A.
- Tangshan Sanyou Xingda Chemical Fiber Co. Ltd.
- Thai Polyester Company Limited
- Thai Rayon Public Co. Ltd.
- The Lenzing Group
- Toray Industries Inc.
- Unifi Inc.
- Weiqiao Textile Co. Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 313 |
| Published | February 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 48.7 Billion |
| Forecasted Market Value ( USD | $ 66.5 Billion |
| Compound Annual Growth Rate | 5.3% |
| Regions Covered | Global |
