The Latin America textile market size reached USD 91.93 Billion in 2024. The market is projected to grow at a CAGR of 3.50% between 2025 and 2034, reaching almost USD 129.68 Billion by 2034.
The Latin America textile market growth can be attributed to factors such as rapid urbanisation, healthy economic growth in the region, and the rising demand for textiles in applications like apparel and home furnishing. In Latin America, Brazil is recognised for its man-made and natural fibres whereas Peru is reputed for its abundance of textile raw materials such as camel hair and llama, among others.
As American companies rise to the challenge of meeting supply chain problems amid rising geopolitical crises, the textile sector of Latin American countries like Mexico is expected to witness significant growth. This is because their proximity to the USA eases logistical complexities and reduces the cost of transportation of goods. Moreover, as the industry attempts to negotiate trade rules under the USMCA agreement, the Latin America textile market expansion is expected to receive a boost in the forecast period.
Sustainability has become an integral part of the Latin America textile market development. Peru-based textile manufacturer Nuevo Mundo is shifting towards utilising smart indigo technology for dyeing its denim fabrics. This is different from chemical production of liquid indigo, which emits 90% more carbon dioxide and consumes 70% more energy. It is also relatively more cost-effective and ensures a higher degree of occupational safety. This is expected to accelerate the market growth by prompting other companies to attract consumer attention by investing in sustainable technologies.
The Latin America textile market growth can be attributed to factors such as rapid urbanisation, healthy economic growth in the region, and the rising demand for textiles in applications like apparel and home furnishing. In Latin America, Brazil is recognised for its man-made and natural fibres whereas Peru is reputed for its abundance of textile raw materials such as camel hair and llama, among others.
As American companies rise to the challenge of meeting supply chain problems amid rising geopolitical crises, the textile sector of Latin American countries like Mexico is expected to witness significant growth. This is because their proximity to the USA eases logistical complexities and reduces the cost of transportation of goods. Moreover, as the industry attempts to negotiate trade rules under the USMCA agreement, the Latin America textile market expansion is expected to receive a boost in the forecast period.
Sustainability has become an integral part of the Latin America textile market development. Peru-based textile manufacturer Nuevo Mundo is shifting towards utilising smart indigo technology for dyeing its denim fabrics. This is different from chemical production of liquid indigo, which emits 90% more carbon dioxide and consumes 70% more energy. It is also relatively more cost-effective and ensures a higher degree of occupational safety. This is expected to accelerate the market growth by prompting other companies to attract consumer attention by investing in sustainable technologies.
Market Segmentation
Latin America Textile Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:Market Breakup by Material
- Cotton
- Chemical
- Wool
- Silk
- Others
Market Breakup by Product Type
- Natural Fibres
- Polyester
- Nylon
- Others
Market Breakup by Application
- Household _x000D_ _x000D_ Bedding _x000D_ Kitchen _x000D_ Upholstery _x000D_ Towel _x000D_ Others _x000D_ _x000D_
- Household _x000D_ _x000D_ Bedding _x000D_ Kitchen _x000D_ Upholstery _x000D_ Towel _x000D_ Others _x000D_ _x000D_
- Technical _x000D_
- Technical _x000D_
- Fashion and Clothing _x000D_
- Fashion and Clothing _x000D_
- Others
- Others
Market Breakup by Country
- Brazil
- Mexico
- Argentina
- Others
Competitive Landscape
The key market players are:
- Anglés Textil S.A.
- Parkdale, Incorporated
- Aztlan Textil SA de CV
- Citosa Textiles SA de CV
- CS Tech Contract Manufacturing
- Novalan, S.A. de C.V.
- GRUPO TEXTIL ALTEX, S.A. DE C.V.
- TURBO YARN SA DE CV
- Enka De Colombia S.A.
- CI Creytex SA
- Protela S.A
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Textile Market Overview
6 Latin America Textile Market Overview
7 Latin America Textile Market by Material
8 Latin America Textile Market by Product Type
9 Latin America Textile Market by Application
10 Latin America Textile Market by Country
11 Market Dynamics
12 Competitive Landscape
Companies Mentioned
- Anglés Textil S.A.
- Parkdale, Incorporated
- Aztlan Textil SA de CV
- Citosa Textiles SA de CV
- CS Tech Contract Manufacturing
- Novalan, S.A. de C.V.
- GRUPO TEXTIL ALTEX, S.A. DE C.V.
- TURBO YARN SA DE CV
- Enka De Colombia S.A.
- CI Creytex SA
- Protela S.A
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 105 |
| Published | May 2025 |
| Forecast Period | 2025 - 2034 |
| Estimated Market Value ( USD | $ 91.93 Billion |
| Forecasted Market Value ( USD | $ 129.68 Billion |
| Compound Annual Growth Rate | 3.5% |
| Regions Covered | Latin America |
| No. of Companies Mentioned | 11 |
