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Textile Global Market Report 2024

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    Report

  • 400 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5939119
The textile market size has grown strongly in recent years. It will grow from $638.03 billion in 2023 to $689.54 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth witnessed in the historical period can be ascribed to factors such as the expansion of the global population, heightened demand for man-made fibers, government initiatives supporting the textile industry, robust economic growth in emerging markets, and the implementation of restrictions on plastic usage.

The textile market size is expected to see strong growth in the next few years. It will grow to $903.45 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The anticipated growth in the upcoming period can be attributed to factors such as the continued increase in global population and urbanization, the rapid expansion of e-commerce, heightened expenditure on leisure activities, the growing retail penetration, increased internet accessibility and smartphone usage, and a rising preference for contactless delivery solutions. Notable trends expected in the forecast period include a shift towards adopting digital textile printing inks, a focus on utilizing non-woven fabrics, an emphasis on the use of organic fibers, a spotlight on sustainable fibers, integration of blockchain technology into manufacturing processes, adoption of digital platforms for textile supply chain management, collaboration with technology companies to design and develop smart fabrics, investment in robotics and automation, incorporation of artificial intelligence, and emphasis on partnerships and collaborations to foster innovation in product development.

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.

A notable trend in the textile market is the integration of artificial intelligence (AI) in textile manufacturing. Textile manufacturers are increasingly leveraging AI to enhance production processes and ensure product quality. AI is particularly employed for quality inspection in fabric manufacturing. For instance, Taxon, a textile company with production facilities in the United Kingdom, Germany, and China, introduced Proweave, a patented jacquard weaving technology in 2021. This innovative technology utilizes AI to blend various yarn thicknesses, weights, and fabric references, resulting in fabrics with unique gradients, ribs, waffles, colors, stretch, transparency, and 3D effects.


Major companies operating in the textile market report are Toray Industries Inc., Sinopec Group, Mohawk Industries, Inc., TJX Companies, 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, Old Navy, 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, Michael Kors, 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, Converse, Brooks Brothers, Hollister, Aeropostale, American Eagle Outfitters, Abercrombie & Fitch, Saint Gobain Tape Solutions, Pettenati Industria Textil SA, GAP, Levi Strauss & Co., National Spinning Co, Evora SA, Hyosung TNC, Fabricato SA, Reliance Industries Limited, Sarwani International Corporation, Saudi Spinning & Textile Mill, Ralph Lauren, 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 2023. 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.

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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Table of Contents

1. Executive Summary2. Textile Market Characteristics
3. Textile Product/Service Analysis -Product/Service Examples
3.1. Textile Supply Chain Analysis
3.1.1. Textile Resources
3.1.2. Textile Manufacturers
3.1.3. Textile Distributors and Retailers
3.1.4. Textile End Users
3.2. Textile Customer Information
4. Textile Market Trends and Strategies
5. Textile Market - Macro Economic Scenario
5.1. Impact of High Inflation on the Market
5.2. Ukraine-Russia War Impact on the Market
5.3. COVID-19 Impact on the Market
6. Global Textile Market Size and Growth
6.1. Global Textile Market Drivers and Restraints
6.1.1. Drivers of the Market
6.1.2. Restraints of the Market
6.2. Global Textile Historic Market Size and Growth, 2018-2023, Value ($ Billion)
6.3. Global Textile Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
7. Textile Market Segmentation
7.1. Global Textile Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Fabrics
  • Yarn
  • Fiber and Thread
  • Home Furnishings and Floor Coverings
  • Textile and Fabric Finishing and Fabric Coating Mills
  • Other Textile Product Mills
7.2. Global Textile Market, Segmentation by Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Cotton
  • Jute
  • Silk
  • Synthetics
  • Wool
7.3. Global Textile Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Woven
  • Non-woven
8. Textile Market Regional and Country Analysis
8.1. Global Textile Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.2. Global Textile Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. Asia-Pacific Textile Market
9.1. Asia-Pacific Textile Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
9.2. Asia-Pacific Textile Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9.3. Asia-Pacific Textile Market, Segmentation by Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9.4. Asia-Pacific Textile Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10. China Textile Market
10.1. China Textile Market Overview
10.2. China Textile Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10.3. China Textile Market, Segmentation by Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10.4. China Textile Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
11. India Textile Market
11.1. India Textile Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. India Textile Market, Segmentation by Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. India Textile Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Japan Textile Market
12.1. Japan Textile Market Overview
12.2. Japan Textile Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Japan Textile Market, Segmentation by Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.4. Japan Textile Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Australia Textile Market
13.1. Australia Textile Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Australia Textile Market, Segmentation by Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Australia Textile Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. Indonesia Textile Market
14.1. Indonesia Textile Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. Indonesia Textile Market, Segmentation by Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. Indonesia Textile Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. South Korea Textile Market
15.1. South Korea Textile Market Overview
15.2. South Korea Textile Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. South Korea Textile Market, Segmentation by Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. South Korea Textile Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. Bangladesh Textile Market
16.1. Bangladesh, Textile Historic Market, 2018-2023, $ Billion
16.2. Bangladesh, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
17. Thailand Textile Market
17.1. Thailand, Textile Historic Market, 2018-2023, $ Billion
17.2. Thailand, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
18. Vietnam Textile Market
18.1. Vietnam, Textile Historic Market, 2018-2023, $ Billion
18.2. Vietnam, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
19. Malaysia Textile Market
19.1. Malaysia, Textile Historic Market, 2018-2023, $ Billion
19.2. Malaysia, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
20. Singapore Textile Market
20.1. Singapore, Textile Historic Market, 2018-2023, $ Billion
20.2. Singapore, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
21. Philippines Textile Market
21.1. Philippines, Textile Historic Market, 2018-2023, $ Billion
21.2. Philippines, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
22. Hong kong Textile Market
22.1. Hong Kong, Textile Historic Market, 2018-2023, $ Billion
22.2. Hong Kong, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
23. New Zealand Textile Market
23.1. New Zealand, Textile Historic Market, 2018-2023, $ Billion
23.2. New Zealand, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
24. Western Europe Textile Market
24.1. Western Europe Textile Market Overview
24.2. Western Europe Textile Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. Western Europe Textile Market, Segmentation by Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. Western Europe Textile Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. UK Textile Market
25.1. UK Textile Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.2. UK Textile Market, Segmentation by Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. UK Textile Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. Germany Textile Market
26.1. Germany Textile Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.2. Germany Textile Market, Segmentation by Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. Germany Textile Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. France Textile Market
27.1. France Textile Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. France Textile Market, Segmentation by Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. France Textile Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Italy Textile Market
28.1. Italy Textile Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.2. Italy Textile Market, Segmentation by Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Italy Textile Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Spain Textile Market
29.1. Spain Textile Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.2. Spain Textile Market, Segmentation by Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Spain Textile Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Austria Textile Market
30.1. Austria, Textile Historic Market, 2018-2023, $ Billion
30.2. Austria, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
31. Belgium Textile Market
31.1. Belgium, Textile Historic Market, 2018-2023, $ Billion
31.2. Belgium, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
32. Denmark Textile Market
32.1. Denmark, Textile Historic Market, 2018-2023, $ Billion
32.2. Denmark, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
33. Finland Textile Market
33.1. Finland, Textile Historic Market, 2018-2023, $ Billion
33.2. Finland, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
34. Ireland Textile Market
34.1. Ireland, Textile Historic Market, 2018-2023, $ Billion
34.2. Ireland, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
35. Netherlands Textile Market
35.1. Netherlands, Textile Historic Market, 2018-2023, $ Billion
35.2. Netherlands, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
36. Norway Textile Market
36.1. Norway, Textile Historic Market, 2018-2023, $ Billion
36.2. Norway, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
37. Portugal Textile Market
37.1. Portugal, Textile Historic Market, 2018-2023, $ Billion
37.2. Portugal, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
38. Sweden Textile Market
38.1. Sweden, Textile Historic Market, 2018-2023, $ Billion
38.2. Sweden, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
39. Switzerland Textile Market
39.1. Switzerland, Textile Historic Market, 2018-2023, $ Billion
39.2. Switzerland, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
40. Eastern Europe Textile Market
40.1. Eastern Europe Textile Market Overview
40.2. Eastern Europe Textile Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
40.3. Eastern Europe Textile Market, Segmentation by Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
40.4. Eastern Europe Textile Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
41. Russia Textile Market
41.1. Russia Textile Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
41.2. Russia Textile Market, Segmentation by Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
41.3. Russia Textile Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
42. Czech Republic Textile Market
42.1. Czech Republic, Textile Historic Market, 2018-2023, $ Billion
42.2. Czech Republic, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
43. Poland Textile Market
43.1. Poland, Textile Historic Market, 2018-2023, $ Billion
43.2. Poland, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
44. Romania Textile Market
44.1. Romania, Textile Historic Market, 2018-2023, $ Billion
44.2. Romania, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
45. Ukraine Textile Market
45.1. Ukraine, Textile Historic Market, 2018-2023, $ Billion
45.2. Ukraine, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
46. North America Textile Market
46.1. North America Textile Market Overview
46.2. North America Textile Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
46.3. North America Textile Market, Segmentation by Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
46.4. North America Textile Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
47. USA Textile Market
47.1. USA Textile Market Overview
47.2. USA Textile Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
47.3. USA Textile Market, Segmentation by Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
47.4. USA Textile Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
48. Canada Textile Market
48.1. Canada Textile Market Overview
48.2. Canada Textile Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
48.3. Canada Textile Market, Segmentation by Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
48.4. Canada Textile Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
49. Mexico Textile Market
49.1. Mexico, Textile Historic Market, 2018-2023, $ Billion
49.2. Mexico, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
50. South America Textile Market
50.1. South America Textile Market Overview
50.2. South America Textile Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
50.3. South America Textile Market, Segmentation by Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
50.4. South America Textile Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
51. Brazil Textile Market
51.1. Brazil Textile Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
51.2. Brazil Textile Market, Segmentation by Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
51.3. Brazil Textile Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
52. Chile Textile Market
52.1. Chile, Textile Historic Market, 2018-2023, $ Billion
52.2. Chile, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
53. Argentina Textile Market
53.1. Argentina, Textile Historic Market, 2018-2023, $ Billion
53.2. Argentina, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
54. Colombia Textile Market
54.1. Colombia, Textile Historic Market, 2018-2023, $ Billion
54.2. Colombia, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
55. Peru Textile Market
55.1. Peru, Textile Historic Market, 2018-2023, $ Billion
55.2. Peru, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
56. Middle East Textile Market
56.1. Middle East Textile Market Overview
56.2. Middle East Textile Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
56.3. Middle East Textile Market, Segmentation by Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
56.4. Middle East Textile Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
57. Saudi Arabia Textile Market
57.1. Saudi Arabia, Textile Historic Market, 2018-2023, $ Billion
57.2. Saudi Arabia, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
58. Israel Textile Market
58.1. Israel, Textile Historic Market, 2018-2023, $ Billion
58.2. Israel, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
59. Iran Textile Market
59.1. Iran, Textile Historic Market, 2018-2023, $ Billion
59.2. Iran, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
60. Turkey Textile Market
60.1. Turkey, Textile Historic Market, 2018-2023, $ Billion
60.2. Turkey, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
61. United Arab Emirates Textile Market
61.1. United Arab Emirates, Textile Historic Market, 2018-2023, $ Billion
61.2. United Arab Emirates, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
62. Africa Textile Market
62.1. Africa Textile Market Overview
62.2. Africa Textile Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
62.3. Africa Textile Market, Segmentation by Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
62.4. Africa Textile Market, Segmentation by Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
63. Egypt Textile Market
63.1. Egypt, Textile Historic Market, 2018-2023, $ Billion
63.2. Egypt, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
64. Nigeria Textile Market
64.1. Nigeria, Textile Historic Market, 2018-2023, $ Billion
64.2. Nigeria, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
65. South Africa Textile Market
65.1. South Africa, Textile Historic Market, 2018-2023, $ Billion
65.2. South Africa, Textile Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
66. Textile Market Competitive Landscape and Company Profiles
66.1. Textile Market Competitive Landscape
66.2. Textile Market Company Profiles
66.2.1. Toray Industries Inc.
66.2.1.1. Overview
66.2.1.2. Products and Services
66.2.1.3. Strategy
66.2.1.4. Financial Performance
66.2.2. Sinopec Group
66.2.2.1. Overview
66.2.2.2. Products and Services
66.2.2.3. Strategy
66.2.2.4. Financial Performance
66.2.3. Mohawk Industries, Inc.
66.2.3.1. Overview
66.2.3.2. Products and Services
66.2.3.3. Strategy
66.2.3.4. Financial Performance
66.2.4. TJX Companies
66.2.4.1. Overview
66.2.4.2. Products and Services
66.2.4.3. Strategy
66.2.4.4. Financial Performance
66.2.5. Far Eastern New Century
66.2.5.1. Overview
66.2.5.2. Products and Services
66.2.5.3. Strategy
66.2.5.4. Financial Performance
67. Textile Market Other Major and Innovative Companies
67.1. Tex Tech Industries
67.2. Ashley Furniture Industries, Inc.
67.3. Beaulieu International Group
67.4. Santana Textiles LLC
67.5. Yarnz
67.6. Australian Textile Mills (ATM)
67.7. Bruck Textiles
67.8. Spunchem International
67.9. Old Navy
67.10. Mattex Yarns
67.11. Daedong Company Limited
67.12. Magellan (Old Aladdin) Co. Ltd
67.13. Yarns Dubai
67.14. Arvind Ltd
67.15. Bombay Rayon Fashions Limited
68. Global Textile Market Competitive Benchmarking69. Global Textile Market Competitive Dashboard70. Key Mergers and Acquisitions in the Textile Market
71. Textile Market Future Outlook and Potential Analysis
71.1 Textile Market in 2028 - Countries Offering Most New Opportunities
71.2 Textile Market in 2028 - Segments Offering Most New Opportunities
71.3 Textile Market in 2028 - Growth Strategies
71.3.1 Market Trend-based Strategies
71.3.2 Competitor Strategies
72. Appendix
72.1. Abbreviations
72.2. Currencies
72.3. Historic and Forecast Inflation Rates
72.4. Research Inquiries
72.5. About the Analyst
72.6. Copyright and Disclaimer

Executive Summary

Textile Global Market Report 2024 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.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
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? This 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 impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • 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.

Report 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 Mills
2) By Material: Cotton; Jute; Silk; Synthetics; Wool
3) By Process: Woven; Non-Woven

Sub segment: Broadwoven Fabrics; Narrow Fabric Mills and Schiffli Machine Embroidery; Non-Woven Fabrics; Knitted Fabrics; Home Furnishings; Floor Furnishings; Textile and Fabric Finishing Mills; Fabric Coating Mills

Key Companies Mentioned: Toray Industries Inc.; Sinopec Group; Mohawk Industries, Inc.; TJX Companies; Far Eastern New Century

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

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.
  • TJX Companies
  • 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
  • Old Navy
  • 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
  • Michael Kors
  • 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
  • Converse
  • Brooks Brothers
  • Hollister
  • Aeropostale
  • American Eagle Outfitters
  • Abercrombie & Fitch
  • Saint Gobain Tape Solutions
  • Pettenati Industria Textil SA
  • GAP
  • Levi Strauss & Co.
  • National Spinning Co
  • Evora SA
  • Hyosung TNC
  • Fabricato SA
  • Reliance Industries Limited
  • Sarwani International Corporation
  • Saudi Spinning & Textile Mill
  • Ralph Lauren
  • 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

Methodology

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