Textile Market Report 2025

The textile market size has grown strongly in recent years. It will grow from $640.43 billion in 2024 to $696.16 billion in 2025 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to growth in world population, increased demand for man-made fibers, government initiatives for the textile industry, strong economic growth in emerging markets and a ban on plastic usage.

The textile market size is expected to see strong growth in the next few years. It will grow to $915.96 billion in 2029 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to global population growth and urbanization, a rapid growth in ecommerce, rising spend on leisure, increasing retail penetration, increasing internet penetration and smartphone usage and growing preference for contactless delivery solutions. Major trends in the forecast period include focus on adopting digital textile printing inks, focus on use of non-woven fabrics, focus on using organic fibers, focus on sustainable fibers, focus on using blockchain in the manufacturing processes, focus on implementing digital platforms in textile supply chain management, focus on collaborating with technology companies to design and develop smart fabrics, focus on adopting robotics and automation, focus on investing in artificial intelligence and focus on partnerships and collaborations to develop innovative products.

The textile manufacturing market is anticipated to experience growth, driven by the increasing demand for online shopping. This trend allows manufacturers to expand their product reach to a broader audience, leading to geographical diversification of their customer base and contributing to the overall growth of the textile manufacturing market. Notably, in countries such as India, the emergence of e-commerce portals has played a pivotal role in amplifying the sales of traditional garments, offering greater exposure to producers previously limited to specific geographical areas.

The growth of the textile market is further expected to be propelled by the increasing internet penetration and smartphone usage. Internet penetration, reflecting the percentage of the population with internet access, and the widespread use of smartphones for diverse online activities contribute to the industry's dynamics. The textile sector leverages social media channels to connect influencers and fashion icons with audiences, disseminating information about the latest trends and fashion-related insights. For instance, as of October 2022, DataReportal reported that 5.07 billion people worldwide, equivalent to 63.5% of the global population, used the internet. The connected population continued to grow, with an increase of over 170 million users in the past year. Consequently, the surge in smartphone users, coupled with expanding internet access, is expected to facilitate increased online shopping for apparel and other products, thereby driving market growth in the forecast period.

The demand for smart textiles is being propelled by advancements in wireless technologies and the growing need for connectivity. Smart textiles, capable of interacting with their environment, exhibit responsiveness to various physical stimuli, including thermal, mechanical, electrical, and chemical sources. These textiles comprise key components such as sensors, actuators, and fabrics, utilizing materials such as optical fibers, metals, and conductive polymers. Their applications span across diverse sectors, including fashion, entertainment, medical, transportation, sports and fitness, and military. An illustrative example is Cityzen Science's d-shirt, featuring functionalities such as a heart rate monitor, built-in GPS, accelerometer, and altimeter.

Artificial intelligence (AI) is emerging as a significant trend in the textile manufacturing sector. Textile manufacturers are increasingly leveraging AI to enhance production processes and improve product quality. AI is also being utilized for fabric quality inspection. For example, in October 2024, Lectra, a technology company based in France, introduced Valia Fashion. This platform distinguishes itself by seamlessly connecting, automating, and streamlining every aspect of apparel production, from order processing to fabric cutting. It optimizes material usage and supports the digital transformation of fashion companies, helping them transition to Industry 4.0. By eliminating barriers between industrialization and production processes, Valia Fashion is revolutionizing the fashion ecosystem, enabling brands, manufacturers, and subcontractors to more effectively meet their evolving needs.

Major companies operating in the textile market include Toray Industries Inc., Sinopec Group, Mohawk Industries, Inc., Far Eastern New Century, Tex Tech Industries, Ashley Furniture Industries, Inc., Beaulieu International Group, Santana Textiles LLC, Yarnz, Australian Textile Mills (ATM), Bruck Textiles, Spunchem Interntaional, Mattex Yarns, Daedong Company Limited, Magellan (Old Aladdin) Co. Ltd, Yarns Dubai, Arvind Ltd, Bombay Rayon Fashions Limited, Berry Global, Silkoplus German Embroidery Threads, Luthai Textile, Huafu, Siltex Brasil Ltda, Jiangsu Sunshine Co Ltd, Huafang Group Co Ltd, Shangtex Holding Co. Ltd., Shijiazhuang Changshan Textile Co Ltd, Margo, Lenzing, Coats, Laxtons, Ugurteks, Ardalanish Mill, European Spinning Group, AMANN Group, Simba Textile Mills Pty. Ltd., Shandong Jining Ruyi Woolen Textile Co Ltd, Elena Furs, Fabreex, United Textiles, Domarex SC, Tarkett S.A, Coats Bell Div. of Coats Canada Inc., Santista Argentina SA, Unifi, Inc., Albany International Corp., Vardhman Textiles, InPro Corporation, Dunmore Corp., Fabrico, The Yarn Room, Bally Ribbon Mills, Paramount Texteis, Saint Gobain Tape Solutions, Pettenati Industria Textil SA, National Spinning Co, Evora SA, Hyosung TNC, Fabricato SA, Reliance Industries Limited, Sarwani International Corporation, Saudi Spinning & Textile Mill, Fiacao Sao Bento S.A., Slywia Samulak, Town End Alpacas, Como Luxury fabrics, SELA, Gale Pacific Fze, Textil Sao Joao, Namsung Match Co. Ltd, Weiqiao Textile Company Limited, Aratex Group, Shandong Demian Incorporated Company, Terico Golzar, Fibertex South Africa, Elasticos Yarns, Trelleborg Engineered Coated Fabrics, Leena Egypt, AlSaraTex Co., Integrated Fibres Limited.

Asia-Pacific was the largest region in the textile market in 2024. Western Europe was the second largest region in the textile market. The regions covered in the textile market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the textile market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The textile market consists of sales of plant-based, animal-based, cellulosic, synthetic, and semi-synthetic textiles, wool, natural fibers, and inorganic-based textiles. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

Textiles are materials created from interwoven fibers, encompassing fabrics and cloth made from both natural and synthetic sources. The textile industry is crucial to global economies, supplying essential materials for clothing, home furnishings, and a variety of industrial applications.

Key types of textiles comprise fabrics, yarn, fiber and thread, home furnishings and floor coverings, textile and fabric finishing, fabric coating mills, and other textile product mills. Household furniture encompasses all mobile, compactable items or machinery utilized to furnish a home, including chairs, tables, sofas, mattresses, and more. These textiles utilize diverse materials such as cotton, jute, silk, synthetics, and wool, involving processes such as woven and non-woven.

The textile market research report is one of a series of new reports that provides textile market statistics, including textile industry global market size, regional shares, competitors with a textile market share, detailed textile market segments, market trends, and opportunities, and any further data you may need to thrive in the textile industry. This textile market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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