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.
This product will be delivered within 3-5 business days.
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.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Textile Market Characteristics3. Textile Market Trends and Strategies4. Textile Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market68. Global Textile Market Competitive Benchmarking and Dashboard69. Key Mergers and Acquisitions in the Textile Market70. Recent Developments in the Textile Market
5. Global Textile Growth Analysis and Strategic Analysis Framework
6. Textile Market Segmentation
7. Textile Market Regional and Country Analysis
8. Asia-Pacific Textile Market
9. China Textile Market
10. India Textile Market
11. Japan Textile Market
12. Australia Textile Market
13. Indonesia Textile Market
14. South Korea Textile Market
15. Bangladesh Textile Market
16. Thailand Textile Market
17. Vietnam Textile Market
18. Malaysia Textile Market
19. Singapore Textile Market
20. Philippines Textile Market
21. Hong Kong Textile Market
22. New Zealand Textile Market
23. Western Europe Textile Market
24. UK Textile Market
25. Germany Textile Market
26. France Textile Market
27. Italy Textile Market
28. Spain Textile Market
29. Spain Textile Market
30. Austria Textile Market
31. Belgium Textile Market
32. Denmark Textile Market
33. Finland Textile Market
34. Ireland Textile Market
35. Netherlands Textile Market
36. Norway Textile Market
37. Portugal Textile Market
38. Sweden Textile Market
39. Switzerland Textile Market
40. Eastern Europe Textile Market
41. Russia Textile Market
42. Czech Republic Textile Market
43. Poland Textile Market
44. Romania Textile Market
45. Ukraine Textile Market
46. North America Textile Market
47. USA Textile Market
48. Canada Textile Market
50. South America Textile Market
51. Brazil Textile Market
52. Chile Textile Market
53. Argentina Textile Market
54. Colombia Textile Market
55. Peru Textile Market
56. Middle East Textile Market
57. Saudi Arabia Textile Market
58. Israel Textile Market
59. Iran Textile Market
60. Turkey Textile Market
61. United Arab Emirates Textile Market
62. Africa Textile Market
63. Egypt Textile Market
64. Nigeria Textile Market
65. South Africa Textile Market
66. Textile Market Competitive Landscape and Company Profiles
67. Textile Market Other Major and Innovative Companies
71. Textile Market High Potential Countries, Segments and Strategies
72. Appendix
Executive Summary
Textile Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on textile market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for textile? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The textile market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Fabrics, Yarn, Fiber and Thread, Home Furnishings and Floor Coverings, Textile and Fabric Finishing and Fabric Coating Mills, Other Textile Product Mills2) By Material: Cotton, Jute, Silk, Synthetics, Wool
3) By Process: Woven, Non-Woven
Subsegments:
1) By Fabrics: Woven Fabrics; Knitted Fabrics; Non-woven Fabrics2) By Yarn: Spun Yarns; Filament Yarns; Specialty Yarns
3) By Fiber and Thread: Natural Fibers; Synthetic Fibers; Threads for Sewing and Embroidery
4) By Home Furnishings and Floor Coverings: Upholstery Fabrics; Curtains and Draperies; Rugs and Carpets
5) By Textile and Fabric Finishing and Fabric Coating Mills: Dyeing and Printing Services; Fabric Finishing Processes; Coating for Performance Textiles
6) By Other Textile Product Mills: Technical Textiles; Non-apparel Textiles
Key Companies Mentioned: Toray Industries Inc.; Sinopec Group; Mohawk Industries, Inc.; Far Eastern New Century; Tex Tech Industries
Countries: 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
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- 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
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 400 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 696.16 Billion |
Forecasted Market Value ( USD | $ 915.96 Billion |
Compound Annual Growth Rate | 7.1% |
Regions Covered | Global |
No. of Companies Mentioned | 80 |