Textile Market Size, Share, Trends and Forecast by Raw Material, Product, Application, and Region, 2025-2033

The global textile market size was valued at USD 1.06 trillion in 2024. Looking forward, the publisher estimates the market to reach USD 1.48 trillion by 2033, exhibiting a CAGR of 3.57% from 2025-2033. Asia-Pacific currently dominates the market, holding a market share of 48.7% in 2024. At present, rising preferences for eco-friendly fabrics, organic materials, and functional textiles are positively influencing the market. Besides this, the growing adoption of automation, which aids in improving production efficiency and reducing manufacturing costs, is fueling the textile market share.

At present, the market is growing due to the escalating demand for clothing, home furnishings, and industrial applications. Fashion trends are constantly evolving, encouraging textile producers to innovate and create a variety of fabrics. In addition, accelerated urban development and inflating disposable incomes are leading individuals to invest more in clothing and home furnishings, enhancing textile usage. Moreover, innovations in technology are refining fabric quality and increasing production speed, which is making textiles more available and cost-effective. Apart from this, sustainability has become important, as individuals increasingly favor eco-conscious and organic materials.

The United States has emerged as a major region in the textile market owing to many factors. Increasing demand for high-quality fabrics in fashion, home décor, and industrial uses is impelling the textile market growth. People prefer innovative, comfortable, and sustainable materials, which is encouraging manufacturers to adopt advanced technologies. The rise in fast fashion trends is facilitating the production of textiles at a faster pace. The broadening of e-commerce portals is boosting textile sales by offering a wide range of products to a larger audience. As per industry reports, e-commerce penetration in the US hit an all-time high of 22.7% in 2024. The country is also investing in smart textiles and functional fabrics, employed in sectors like healthcare, defense, and sports. Local manufacturing is gaining support due to interest in domestically produced products.

Textile Market Trends:

Changing user preferences

People continue to seek comfort, sustainability, and fashionable choices, which has led to a surge in the demand for textiles that cater to these needs. Rising preferences for eco-friendly fabrics, organic materials, and functional textiles have influenced manufacturers to adapt their product offerings. The Textile Exchange's 2025 Recycled Polyester Challenge underscored this change, encouraging companies to pledge to obtain 45% to 100% of their polyester from recycled materials by the year 2025. Additionally, the increasing awareness among users about ethical and sustainable practices in the industry is leading textile companies to employ more responsible manufacturing processes. The adoption of these evolving preferences is crucial for businesses to remain competitive and meet the changing market demand.

Expanding global population

The expanding worldwide population is influencing the textile market trends. The United Nations forecasted in 2024 that the worldwide population will continue to increase for the coming 50 to 60 years, hitting around 10.3 Billion by the mid-2080s. As the population is growing, more people require everyday essentials like clothes, bed linens, curtains, and upholstery, boosting overall textile utilization. Developing regions with rapidly increasing populations are experiencing a rise in disposable incomes and improved living standards, leading to higher purchases of fashionable and functional textiles. This growth is encouraging textile manufacturers to enhance production capacities and develop new materials to meet the diverse needs of a larger user base. The increasing population is also creating the need for affordable and durable textile products to cater to mass markets.

Innovations in technology

Innovations, such as automation, digital printing, and smart fabrics, in textile manufacturing processes have revolutionized the industry. Automation has improved production efficiency and reduced costs, enabling manufacturers to meet increasing demands. Digital printing has opened new possibilities for customization and design flexibility, allowing faster and more accurate production. As per the publisher, the global digital textile printing market, valued at USD 2.86 Billion in 2024, is projected to reach USD 5.49 Billion by 2033, exhibiting a CAGR of 7.13% during 2025-2033. Smart textiles, integrated with sensors and electronics, offer enhanced functionality and performance. These technological advancements cater to the changing user preferences and drive industry competitiveness by enabling faster production, improved quality, and innovative product offerings.

Textile Industry Segmentation:

The publisher provides an analysis of the key trends in each segment of the global textile market, along with forecast at the global, regional, and country levels from 2025-2033. The market has been categorized based on raw material, product, and application.

Analysis by Raw Material:

• Cotton
• Chemical
• Wool
• Silk
• Others

Cotton held 38.6% of the market share in 2024. It is natural, breathable, and comfortable. People prefer cotton for its softness and skin-friendly properties, making it ideal for everyday clothing and home textiles. Cotton absorbs moisture well, which makes it suitable for warm climates and activewear. It is also easy to dye and blend with other fibers, offering flexibility in design and production. Manufacturers favor cotton for its widespread availability and established supply chains. Cotton farming supports large-scale production, meeting high worldwide demand. Its biodegradability appeals to environmentally conscious individuals and brands aiming for sustainable products. In addition, cotton is versatile and employed in a wide range of products, from casual wear to bedsheets and towels. Government agencies and organizations are promoting cotton farming, supporting the continuous growth of the market. The familiarity and trust people have in cotton also contribute to its dominance.

Analysis by Product:

• Natural Fibers
• Polyesters
• Nylon
• Others

Natural fibers offer comfort, breathability, and eco-friendliness. People prefer natural fibers like cotton, wool, silk, and linen for their softness and non-irritating properties. These fibers allow better air circulation, making them suitable for warm climates and sensitive skin. Natural fibers are biodegradable, which aligns with the growing demand for sustainable and environment friendly products. Many fashion brands are promoting garments made from natural fibers to appeal to eco-conscious buyers. These fibers also support dyeing and finishing processes well, offering aesthetic variety. Farmers and producers benefit from well-established cultivation and processing practices, ensuring a steady supply. Natural fibers are also seen as premium materials in both apparel and home textiles, enhancing their market value. In regions with strong traditional textile industries, natural fibers hold cultural and economic importance. Because of their comfort, sustainability, and widespread user preferences, natural fibers continue to dominate the market.

Analysis by Application:

• Household
• Technical
• Fashion and Clothing
• Others

Fashion and clothing hold 67.0% of the market share. They hold dominance as people continue to seek new styles, designs, and fabrics to express their personal identity and keep up with fashion trends. The thriving apparel industry is demanding a wide variety of textiles, including natural and synthetic fibers, to meet different requirements, such as comfort, durability, and aesthetics. Seasonal changes and fashion cycles aid in driving frequent purchases, thereby increasing textile utilization. Clothing manufacturers are investing heavily in innovative fabrics that offer features like moisture-wicking, stretchability, and eco-friendliness to attract buyers. Additionally, the rise of fast fashion is accelerating production and employment, further stimulating the growth of the market. The expansion of online retail channels is enhancing access to diverse clothing options. According to the textile market forecast, with rising expenditure on product innovations and evolving user preferences, fashion and clothing will continue to lead the market.

Regional Analysis:

• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa

Asia-Pacific, accounting for a share of 48.7%, enjoys the leading position in the market. The region has a strong manufacturing base, supported by low labor costs and abundant raw materials. Countries like China and India produce large volumes of textiles for worldwide export. According to the information provided by the Indian Ministry of Textiles, the total export of textiles and apparel experienced a 7% rise in the April-October timeframe of FY 2024-25, equating to USD 21.35 billion, in comparison to the same duration of FY 2023-24 (USD 20.00 billion). The region is investing heavily in textile infrastructure and modern machinery, which is increasing productivity. The area is also benefiting from a skilled workforce and government policies that encourage textile manufacturing and trade. The growing population in the region is driving high domestic demand for clothing and home textiles. In addition, the rise of e-commerce platforms is boosting textile sales across both urban and rural markets.

Key Regional Takeaways:

United States Textile Market Analysis

The United States holds 86.60% of the market share in North America. The market continues to demonstrate resilience and adaptability, driven by technological integration and high demand for specialized fabrics. The market is benefiting from an increased focus on sustainable production techniques and smart textiles, supporting growth across apparel, home furnishing, and industrial applications. Digitization in design and manufacturing has enabled faster product development cycles, meeting the evolving preferences of end users. The region also shows a rising inclination towards customizable textile items, propelled by shifts in lifestyle and fashion consciousness. Moreover, government incentives aimed at reshoring textile production are reinforcing domestic capabilities and strengthening supply chain agility. According to the Observatory of Economic Complexity, in 2024, the United States shipped textiles valued at USD 24.7 billion, highlighting its significant role in the worldwide market. E-commerce penetration is another key contributor, offering people seamless access to diverse textile products and expanding market reach for manufacturers. The growing popularity of eco-conscious textiles has led to significant innovations in fiber processing, including recycling and bio-based alternatives. These trends, combined with increased investments in research and development (R&D) activities and workforce training, are shaping a dynamic and forward-looking textile industry in the United States.

Europe Textile Market Analysis

In Europe, the market is expanding due to the rising integration of circular economy principles and advancements in material science. The region is experiencing a high demand for biodegradable and regenerative textiles, supported by user awareness and regulatory frameworks emphasizing sustainability. Investments in digital fabric printing and 3D knitting technologies have improved product differentiation and design flexibility, allowing efficient small-batch production. In March 2024, the European Commission revealed the Textiles of the Future European Partnership, scheduled to commence in 2025. During the first phase of 2025-27, a minimum of €60 Million will be designated by public and private entities for fundamental research and innovation initiatives, thereby speeding up technological progress in the industry. The thriving automotive and aerospace sectors are driving the demand for technical textiles with flame resistance and durability, while antimicrobial and temperature-regulating textiles are gaining momentum in healthcare and activewear. Smart manufacturing processes, transparent supply chains, and traceability are improving productivity and product quality, promoting brand loyalty and worldwide competitiveness in the market.

Asia-Pacific Textile Market Analysis

In the Asia-Pacific region, the market is experiencing strong growth, fueled by rapid industrialization activities and a diversified product base. Urbanization and rising disposable incomes are driving the demand for fashion and functional textiles across multiple end-use sectors. Besides this, increasing expenditure on R&D activities is positively influencing the market. According to the IBEF, in June 2023, the Indian Government sanctioned R&D initiatives totaling USD 7.4 Million within the textile industry. Total FDI inflows in the textiles industry reached USD 4.56 Billion from April 2000 to September 2024. Furthermore, the rising adoption of automation and robotics in textile production is streamlining operations and reducing lead times. In addition, increased utilization of performance fabrics in sportswear and outdoor clothing is driving innovations in fiber blends and fabric finishes. The region’s educational institutions are collaborating with industry to promote skill development, enhancing competitiveness. Additionally, infrastructure investments in manufacturing hubs are supporting export-oriented growth.

Latin America Textile Market Analysis

The Latin America market is gaining momentum through regional integration and rising demand for lifestyle-based textile products. Increasing interest in wellness and interior aesthetics is boosting the utilization of home textiles and natural fiber-based fabrics. The expansion of textile clusters is enhancing supply chain connectivity and enabling efficient resource utilization. According to the Observatory of Economic Complexity, Brazil imported textiles valued at USD 6.65 Billion in 2024, underscoring the area's significant dependence on imports to satisfy increasing demand. Advancements in digital design tools are supporting regional brands in delivering trend-responsive products to local and international markets. Moreover, rising participation in trade fairs and textile expos is improving the region’s visibility and attracting investments in sustainable material sourcing and processing innovations.

Middle East and Africa Textile Market Analysis

The market in the Middle East and Africa region is witnessing expansion driven by urban development, rising demand for luxury goods, and evolving user preferences. UKFT reported that the luxury goods sector in Saudi Arabia had a value of USD 9.6 Billion in 2024, emphasizing significant growth opportunities in premium textile categories. This demand is complemented by an increasing interest in climate-responsive textiles, with moisture-wicking, ultraviolet (UV)-protective, and breathable fabrics gaining popularity due to regional climate conditions. Cultural preferences are also significantly influencing textile aesthetics and material choices across the region.

Competitive Landscape:

Several textile companies are implementing sustainable sourcing methods, adopting organic and recycled materials, and reducing their carbon footprint in production processes. Additionally, they are investing in R&D activities to create innovative textiles with enhanced functionalities, such as smart fabrics and performance materials. These advancements cater to the changing needs and preferences of users. Apart from this, textile companies are forming strategic alliances with fashion designers, retailers, and technology companies to create unique and trendsetting products. These collaborations aid in driving user interest and boosting sales. Furthermore, efforts to improve supply chain transparency, ethical sourcing, and fair labor practices are gaining momentum. Companies are emphasizing responsible manufacturing processes, ensuring fair wages and safe working conditions. For instance, in February 2025, VIP Clothing Ltd introduced the Frenchie X innerwear line at Intimasia 2025 in Delhi. The assortment highlighted creativity, ease, and high-quality design.

The report provides a comprehensive analysis of the competitive landscape in the textile market with detailed profiles of all major companies, including:

• Aditya Birla Ltd.
• Arvind Limited
• Asahi Kasei Corporation
• BSL Limited
• China Petroleum & Chemical Corporation
• DuPont de Nemours Inc.
• Honeywell International Inc.
• INVISTA (Koch Industries Inc.)
• Paramount Textile Mills (P) Ltd
• Solvay SA
• Toray Industries Inc.

Key Questions Answered in This Report

1.How big is the textile market?
2.What is the future outlook of textile market?
3.What are the key factors driving the textile market?
4.Which region accounts for the largest textile market share?
5.Which are the leading companies in the global textile market?