The global textiles and apparel industry is estimated at US$2.11 trillion (about US$2.1 trillion) in 2025 and is forecast to reach US$2.61 trillion by 2031, a compound annual growth rate (CAGR) of 3.6% over 2025-2031. Apparel & Clothing is the largest of three product types at US$1.74 trillion (82.9% share) in 2025, followed by Technical & Industrial Textiles (10.5%) and Home Textiles (6.6%). Home Textiles is the fastest-growing type at 4.6% CAGR, Technical & Industrial Textiles grows at 3.9% and Apparel & Clothing at 3.5%. Asia Pacific is the largest region at US$883.58 billion (41.9% share) in 2025, followed by North America (25.5%) and Europe (23.4%).
The report sizes wholesale and retail revenue of apparel, home textiles and technical and industrial textiles across all distribution channels. Volume is expressed as fibre embodied in finished products: about 137.55 million tonnes in 2025, rising to 176.1 million tonnes by 2031 (4.2% CAGR), anchored to Textile Exchange fibre output data. No audited global industry sales series exists, so segment values are labelled as estimates and the report states where a figure could not be verified from a public source.
The report sizes wholesale and retail revenue of apparel, home textiles and technical and industrial textiles across all distribution channels. Volume is expressed as fibre embodied in finished products: about 137.55 million tonnes in 2025, rising to 176.1 million tonnes by 2031 (4.2% CAGR), anchored to Textile Exchange fibre output data. No audited global industry sales series exists, so segment values are labelled as estimates and the report states where a figure could not be verified from a public source.
Scope of the Global Textiles & Apparel Industry Strategic Research Report
This report covers market value (US$ million) for 2022-2031, with 2025 as the base year and 2026-2031 as the forecast period, and fibre volume (million tonnes). It analyses three product types, six applications, five regions and country-level markets (27 named countries plus five rest-of-region groups), and profiles 20 companies across apparel brands and retailers, textile and fibre manufacturers, and home and technical textile producers.Segment by Type
- Apparel & Clothing
- Home Textiles
- Technical & Industrial Textiles
Segment by Application
- Fashion & Casual Apparel
- Sportswear & Activewear
- Home Furnishings & Household Textiles
- Automotive & Transport Textiles
- Medical Hygiene & Protective Textiles
- Industrial Construction & Other Technical Textiles
Segment by Region
- North America (United States, Canada, Mexico, Rest of North America)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Vietnam, Australia, Bangladesh, Rest of Asia Pacific)
- Latin America (Brazil, Argentina, Colombia, Chile, Rest of Latin America)
- Middle East and Africa (Turkey, Saudi Arabia, South Africa, United Arab Emirates, Egypt, Nigeria, Rest of Middle East and Africa)
Companies Profiled
Inditex S.A., H&M Hennes & Mauritz AB, LVMH Moet Hennessy Louis Vuitton SE, Fast Retailing Co., Ltd., NIKE, Inc., adidas AG, PVH Corp., Levi Strauss & Co., Gap Inc., V.F. Corporation, Gildan Activewear Inc., Toray Industries, Inc., Welspun Living Limited, Shenzhou International Group Holdings Limited, Albini Group, Arvind Limited, Indorama Ventures Public Company Limited, Lenzing AG, Freudenberg SE, Mohawk Industries, Inc.Who Can Use This Report?
- Apparel brands, retailers and sourcing teams benchmarking category growth, pricing and supplier exposure
- Fibre, yarn, fabric and home and technical textile producers planning capacity and product mix
- Investors and corporate strategy teams assessing growth, portfolio moves and regional exposure across the textile value chain
- Policy makers and trade bodies tracking consumption, regulation, sustainability rules and regional demand
Table of Contents
1. Executive Summary
2. Industry Overview & Forecast
3. Market Segmentation by Type
4. Market Segmentation by Application
5. Regional Market Forecast
6. Country-Level Market Forecast
7. Growth Drivers & Inhibitors
8. Key Company Profiles
9. Competitive Landscape
10. Porter's Five Forces Analysis
11. PESTLE Analysis
12. SWOT Analysis
13. Future Trends & Outlook
List of Exhibits
Companies Mentioned
- Inditex S.A.
- H & M Hennes & Mauritz AB
- LVMH Moet Hennessy Louis Vuitton SE (Fashion & Leather Goods)
- Fast Retailing Co., Ltd.
- NIKE, Inc.
- adidas AG
- PVH Corp.
- Levi Strauss & Co.
- Gap Inc.
- V.F. Corporation
- Gildan Activewear Inc.
- Toray Industries, Inc.
- Welspun Living Limited
- Shenzhou International Group Holdings Limited
- Albini Group
- Arvind Limited
- Indorama Ventures Public Company Limited
- Lenzing AG
- Freudenberg SE
- Mohawk Industries, Inc.
