This statistic illustrates the growth rate of textile industry across India from fiscal year 2010 to fiscal year 2020. The growth rate of textile industry across India was estimated to be *** percent from fiscal year 2015 to 2020, up from about seven percent from fiscal year 2010 to fiscal year 2015.
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The North America Textile Industry market report segments the industry into By Application (Clothing, Industrial/Technical Applications, Household Applications), By Material Type (Cotton, Jute, Silk, Synthetics, Wool), By Process (Woven, Non-woven), and By Country (United States, Canada, Mexico). Five-year historical data and five-year forecasts are provided.
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The global textile market is estimated at US$ 1,065.6 billion in 2024 and is calculated to increase at a CAGR of 3.7% and reach US$ 1,532.4 billion by 2034, according to a recently released study by Fact.MR.
Report Attribute | Detail |
---|---|
Textile Market Size (2024E) | US$ 1,065.6 Billion |
Forecasted Market Value (2034F) | US$ 1,532.4 Billion |
Global Market Growth Rate (2024 to 2034) | 3.7% CAGR |
South Korea Market Value (2034F) | US$ 52.4 Billion |
Wool Textile Demand Growth (2024 to 2034) | 3.9% CAGR |
Key Companies Profiled | Lu Thai Textile Co., Ltd; IBENA Inc.; Heytex Bramsche GmbH; Modern Woollens Ltd.; Bahariye AS; Fratelli Balli S.p.A.; Shandong Jining Ruyi Woolen Textile Co. Ltd.; Sinopec Yizheng Chemical Fibre Company Ltd.; China Textiles Ltd.; Paramount Textile Ltd.; Paulo de Oliveira, S.A.; Weiqiao Textile Company Limited; DBL Group; B.D. Textile Mills Pvt. Ltd.; Rhodia SA; Shandong Demian Incorporated Company; Shijiazhuang Changshan Textile Co., Ltd; Li & Fung Group; BSL Ltd.; Successori REDA S.p.A.; Shandong Jining Ruyi Woolen Textile Co., Ltd.; Invista Srl. |
Country-wise Analysis
Attribute | United States |
---|---|
Market Value (2024E) | US$ 165 Billion |
Growth Rate (2024 to 2034) | 1.8% CAGR |
Projected Value (2034F) | US$ 197.1 Billion |
Attribute | Japan |
---|---|
Market Value (2024E) | US$ 74.4 Billion |
Growth Rate (2024 to 2034) | 3.9% CAGR |
Projected Value (2034F) | US$ 108.6 Billion |
Category-wise Analysis
Attribute | Chemical Textiles |
---|---|
Segment Value (2024E) | US$ 239.8 Billion |
Growth Rate (2024 to 2034) | 3.8% CAGR |
Projected Value (2034F) | US$ 349.4 Billion |
Attribute | Polyester Textiles |
---|---|
Segment Value (2024E) | US$ 201.4 Billion |
Growth Rate (2024 to 2034) | 4% CAGR |
Projected Value (2034F) | US$ 298.8 Billion |
In 2023, the gross domestic product for textiles and wearing apparel manufacturing sector in Indonesia contracted by **** percent. Indonesia is one of the world's largest manufacturing nations. Its manufacturing sector employs almost a fifth of Indonesia's working-age population and accounts for nearly a quarter of the country's total GDP.
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The Textile Market Report is Segmented by Application (Fashion & Apparel, Industrial/Technical Textiles, and More), by Raw Material (Synthetic Fibers, Natural Fibers, and More), by Process/Technology (Woven, Non-Woven, Knitted, and More), and by Geography (Asia-Pacific, Europe, North America, South America, and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.
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The Report Covers Pakistan Home Textile Industry Analysis and the Market is Segmented by Product (Bed Linen, Bath Linen, Kitchen Linen, Upholstery, and Floor Covering), and by Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Online and Other Distribution Channels). The Market Size and Forecasts for the Pakistan Home Textiles Market are Provided in Terms of Value (USD) for all the Above Segments.
Textile Manufacturing Market Size 2025-2029
The textile manufacturing market size is forecast to increase by USD 367.4 billion at a CAGR of 4.6% between 2024 and 2029.
The market is experiencing significant growth, driven primarily by the increasing demand for textiles in the automotive industry. This sector's expansion is fueled by the rising production of vehicles, particularly in emerging economies, leading to an increased need for high-quality and innovative textile solutions. Additionally, automation in textile machinery is a key trend shaping the market, enabling manufacturers to improve efficiency, reduce costs, and enhance product quality. However, the high initial capital investment required to install modern textile machinery poses a challenge for small and medium-sized enterprises (SMEs) seeking to enter or expand in the market. To capitalize on this opportunity, companies must focus on innovation, cost optimization, and strategic partnerships to remain competitive in the evolving textile manufacturing landscape.
What will be the Size of the Textile Manufacturing Market during the forecast period?
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The market encompasses various processes and techniques, including seam finishing, screen printing, cut and sew, and dye penetration. Innovations in textile technology continue to emerge, with trends such as textile traceability, fair trade practices, upcycling textiles, and digital printing textiles gaining traction. Advanced processes like heat transfer printing, laser cutting, and dye chemistry are transforming the industry. Additionally, textile membranes, fabric weight, fiber blending, and garment construction are essential aspects of textile production. Fashion trends analysis and textile innovation are crucial in driving market growth. Applications of textiles extend beyond apparel to geotextile applications, flexible electronics, and automotive interiors.
Government regulations and infrastructure projects necessitate supply chain transparency and ethical sourcing. CAD/CAM systems, biometric monitoring, surface finish, and product lifecycle management are integral to optimizing production processes. Digital design, pattern making, filtration fabrics, and aerospace components are key areas of research and development. The market is also witnessing the integration of biocompatible materials and industry certifications to cater to evolving consumer demands. Technological advancements, such as 3D printing textiles and textile standards development, are shaping the future of the textile manufacturing industry. The market is dynamic and ever-evolving, with ongoing research and innovation in areas like flexible electronics, biometric monitoring, and sustainable textile production.
How is this Textile Manufacturing Industry segmented?
The textile manufacturing industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Type
Natural fibers
Polyesters
Nylons
Others
Application
Fashion
Technical
Household
Others
Raw Material
Cotton
Chemical
Wool
Silk
Others
Production Process
Spinning
Weaving
Knitting
Dyeing
Geography
North America
US
Canada
Europe
Germany
UK
Middle East and Africa
UAE
APAC
Australia
China
India
Japan
South Korea
South America
Brazil
Rest of World (ROW)
By Type Insights
The natural fibers segment is estimated to witness significant growth during the forecast period.
Natural fibers, derived from plant and animal sources, play a significant role in various industries, including textiles, automotive, construction, and medical. Major types of natural fibers include cotton, silk, linen, wool, hemp, and jute. Wool, obtained from sheep, is used in making woolen clothing due to its flexibility, resilience, insulation properties, and thermal stability. Silk, a protein filament spun by silkworms, is valued for its suitability for all climatic conditions, quick-drying nature, durability, and softness. The silk market is experiencing growth due to these benefits. Industrial textiles, such as automotive textiles and technical textiles, are used in various applications, including protective clothing, medical textiles, and textile composites.
Aerospace textiles are essential for producing lightweight and strong materials for aircraft interiors and exteriors. Fashion apparel manufacturers use functional textiles, like moisture management and antimicrobial properties, to create personalized and sustainable clothing. Textile machinery, including knitting machinery, weaving machinery, spinning machinery, and finishing equipment, are integral components of textile production. Industry associations a
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The global textile manufacturing market size is poised to reach USD 1.2 trillion by 2032, up from USD 920 billion in 2023, registering a compound annual growth rate (CAGR) of 3.0%. The steady rise in market size can be attributed to several growth factors, including advancements in textile technology, increasing demand from emerging economies, and the rising importance of sustainable and eco-friendly materials. The textile industry has witnessed significant transformation driven by technological innovations and shifts in consumer preferences. These dynamics are expected to propel the textile manufacturing market further, paving the way for robust economic contributions and enhanced production efficiencies.
One of the primary growth factors for the textile manufacturing market is the rapid urbanization and rising population, especially in emerging economies like China, India, and Brazil. These countries are witnessing increased consumer spending on apparel and home textiles due to rising income levels and improved standards of living. Moreover, urbanization leads to an increase in the demand for housing, which in turn spurs the requirement for home textiles such as curtains, bed linens, and upholstery. Additionally, the growing global middle class is fueling demand for fashion and lifestyle products, which is directly impacting the apparel segment of the textile industry, driving its growth substantially.
Technological advancements in textile manufacturing processes have also been pivotal in the market's expansion. Innovations such as automation, digital printing, and smart textiles are enhancing production efficiency and enabling manufacturers to offer a diverse range of high-quality products. The adoption of Industry 4.0 technologies is facilitating real-time monitoring and predictive maintenance, which significantly reduces downtime and operational costs. Furthermore, advancements in biotechnology are enabling the development of innovative materials with enhanced properties such as increased durability and functionality, which are highly sought after in technical textiles used across various industries, including automotive and healthcare.
The increasing focus on sustainability is another crucial factor driving the growth of the textile manufacturing market. Consumers and regulatory bodies worldwide are demanding eco-friendly and sustainable textile products, prompting manufacturers to adopt sustainable practices and materials. The use of recycled fibers, organic cotton, and waterless dyeing technologies are gaining traction as companies strive to minimize their environmental footprint. This shift towards sustainability is not only helping companies meet regulatory requirements but also providing them with a competitive edge by appealing to environmentally conscious consumers. Consequently, sustainability initiatives are expected to play a significant role in shaping the future landscape of the textile manufacturing industry.
A noteworthy trend within the textile industry is the growing interest in Slub Textile, which is gaining popularity for its unique texture and aesthetic appeal. Slub textiles are characterized by their intentionally uneven surface, created by varying the tension during the spinning process. This results in a fabric with a distinctive, tactile quality that is highly sought after in both fashion and interior design. The demand for slub textiles is being driven by consumers' desire for products that offer a blend of traditional craftsmanship and modern style. As the industry continues to innovate, slub textiles are being integrated into a wide range of applications, from casual wear to high-end fashion, offering designers a versatile material that adds depth and character to their creations.
Regionally, Asia Pacific continues to dominate the textile manufacturing market, accounting for the largest share due to its established infrastructure and low production costs. Countries like China and India are leading contributors to the region's growth, supported by strong domestic demand and extensive export networks. In contrast, North America and Europe are witnessing moderate growth, driven by technological advancements and a focus on high-value textile products. The Middle East & Africa and Latin America are emerging as potential growth markets, with increasing investments in manufacturing capabilities and rising demand for textiles. However, the ongoing trade dynamics and geopolitical tensions may pose challenges to the regional growth trajectories.
It was estimated in 2017, that the apparel market grew by approximately **** percent compared to the previous year. Further growth was forecast for the following years, with a peak growth rate of around *** percent expected in 2020. The United States and China have the largest apparel markets in the world in terms of revenue. Apparel & footwear market H&M is one of the largest and most recognizable apparel brands worldwide. In 2017, H&M held the third largest market share within the global apparel and footwear market, with a share of *** percent. The apparel and footwear market is quite a fragmented market due to its highly competitive and saturated nature, meaning that no one company holds a large portion of the whole market. The global apparel and footwear market had retail sales of around *** trillion U.S. dollars in 2017. Leading apparel companies Adidas was the third most valuable apparel brand in the world, valued at approximately ***billion U.S. dollars in 2019. Nike, ZARA, and H&M are some of the other most valuable apparel brands worldwide. When it comes to retail sales, the picture is slightly different as many of the biggest apparel brands design and manufacture clothing as opposed to focusing on the retail side of the industry. TJX Companies, Inditex, and H&M were the leading apparel retailers in the world in 2017. Inditex, whose brands include ZARA and Bershka, had sales of around **** billion U.S. dollars that year.
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The North American textile fabrics industry, valued at approximately $99.82 billion in 2025, is projected to experience steady growth with a Compound Annual Growth Rate (CAGR) of 3.85% from 2025 to 2033. This growth is fueled by several key drivers. Increased demand for apparel and home textiles from a growing and increasingly affluent population is a significant factor. Furthermore, advancements in textile technology, particularly in sustainable and functional fabrics, are driving innovation and expanding application areas. The rise of e-commerce and fast fashion continues to influence market dynamics, although concerns surrounding sustainability and ethical sourcing are creating countervailing pressures. Strong performance in segments like clothing and household applications, coupled with the popularity of cotton and synthetic materials, contribute significantly to the overall market size. However, factors like fluctuating raw material prices and global economic uncertainty pose potential restraints. Competitive pressures from international manufacturers also necessitate continuous innovation and efficiency improvements within the industry. The leading players in this market, encompassing both large multinational corporations and smaller specialized firms, are strategically adapting their product lines and manufacturing processes to meet evolving consumer preferences and environmental concerns. The regional breakdown shows North America as a dominant market within the textile fabrics landscape. Considering the provided data and industry knowledge, we can reasonably estimate that the North American market encompasses a substantial portion – approximately 70% – of the overall market size, with the remaining share distributed across other regions globally. The United States, as the largest economy in North America, drives a significant portion of the regional demand, followed by Canada and Mexico. The growth trajectory within North America is expected to mirror the overall global trend, with consistent year-on-year increases driven by the factors outlined above. The segmentation across applications (clothing, industrial, household) and material types (cotton, jute, silk, synthetics, wool) will continue to influence market dynamics, with potential shifts driven by consumer preferences and technological advancements in material science and manufacturing processes. This report provides a detailed analysis of the North American textile fabrics industry, covering the period from 2019 to 2033. It leverages a robust data set, including historical data (2019-2024), an estimated year (2025), and a comprehensive forecast (2025-2033) to provide valuable insights for industry stakeholders. The report delves into market segmentation by application (clothing, industrial/technical applications, household applications), material type (cotton, jute, silk, synthetics, wool), and process (woven, non-woven), offering a granular understanding of market dynamics. Key search terms include: North America textile market, textile fabric industry trends, woven fabrics market, non-woven fabrics market, cotton textile market, synthetic textile market, textile industry growth, North American textile manufacturers. Recent developments include: February 2023: Huntsman Corporation (NYSE: HUN) announced that it has completed the sale of its Textile Effects division to Archroma, a portfolio company of SK Capital Partners. The agreed purchase price was USD 593 million in cash plus assumed pension liabilities. Huntsman expects the net after-tax cash proceeds to be approximately USD 540 million before customary post-closing adjustments., December 2022: India and Canada are negotiating a free trade agreement (FTA) to boost bilateral trade. The Indian textile industry has suggested various rules related to the agreement. The conditions of the proposed FTA will determine if it will help get more export orders. Currently, India’s apparel exports to Canada are negligible., August 2022: Huntsman Corporation, an American multinational manufacturer and marketer of chemical products, has announced that Archroma, a global leader in sustainable specialty chemicals and solutions and a portfolio company of the US-based private investment firm SK Capital Partners, has entered into a definitive agreement to acquire the Textile Effects business.. Key drivers for this market are: Increasing demand for clothing and accessories, Availability of raw materials at low prices for textile manufacturers. Potential restraints include: Increasing demand for clothing and accessories, Availability of raw materials at low prices for textile manufacturers. Notable trends are: Increasing demand for North America's apparels driving the market.
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The Italy textile market size reached USD 26.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 34.1 Billion by 2033, exhibiting a growth rate (CAGR) of 2.70% during 2025-2033. The market is driven by the growing additive manufacturing (AM), innovations in technology, thriving fashion industry, quality and craftmanship, expansion of e-commerce platforms, and rising numbers of social media users.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
| 2024 |
Forecast Years
| 2025-2033 |
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 26.9 Billion |
Market Forecast in 2033 | USD 34.1 Billion |
Market Growth Rate (2025-2033) | 2.70% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on raw material, product, and application.
Mexico Textile Manufacturing Market Size 2024-2028
The Mexico textile manufacturing market size is forecast to increase by USD 2.8 billion, at a CAGR of 3% between 2023 and 2028.
The market is characterized by several key drivers and trends shaping its strategic landscape. Premiumization is a significant trend, with consumers increasingly favoring well-positioned textile brands. This shift towards higher-end textiles is driven by growing disposable income and a desire for improved quality and durability. Another key driver is the increasing demand for textiles in the automotive industry. Mexico's automotive sector is expanding, leading to increased demand for textiles used in vehicle interiors and exterior components. This trend is expected to continue, providing opportunities for textile manufacturers to capitalize on this growing market. However, the market also faces challenges, including the volatility of crude oil prices.
Mexico is a significant oil producer, and fluctuations in oil prices can impact the cost of raw materials used in textile manufacturing. This price instability can make it challenging for textile manufacturers to maintain profitability and plan for future investments. Additionally, environmental regulations and sustainability concerns are becoming increasingly important, requiring textile manufacturers to invest in eco-friendly production methods and materials to remain competitive. Companies seeking to capitalize on market opportunities and navigate these challenges effectively must stay informed of industry trends and adapt to evolving consumer preferences and regulatory requirements.
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The market is characterized by a complex value chain, encompassing textile regulations, exports, digitalization, and various industry clusters. Textile regulations ensure compliance with standards and certifications, while textile transparency and traceability are essential for ethical practices and consumer trust. The apparel industry, a significant sector within textiles, is embracing innovation through textile R&D, automation, and robotics. Textile sustainability initiatives and recycling technologies are driving circularity in the industry, addressing concerns over textile health and environmental impact. Textile social responsibility and workforce development are crucial components of textile entrepreneurship, attracting investment and fostering growth.
Textile imports and exports are influenced by global market segmentation and industry 4.0 trends, with textile big data and textile safety playing essential roles in optimizing operations and maintaining competitiveness. Textile technology and textile standards continue to evolve, shaping the future of the textile sector.
How is this market segmented?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Product
Natural fibers
Polyesters
Nylon
Others
Application
Fashion
Technical
Household
Others
Geography
North America
Mexico
By Product Insights
The natural fibers segment is estimated to witness significant growth during the forecast period.
The market encompasses various sectors, including technical textiles, industrial textiles, home textiles, and apparel manufacturing. Natural fibers, such as cotton, silk, linen, wool, hemp, and jute, are extensively used in textile production. Wool, obtained from sheep, is valued for its flexibility, resilience, insulation properties, and thermal stability, making it suitable for clothing and construction materials. Silk, a protein filament spun by silkworms, is renowned for its softness, durability, and quick-drying nature, finding applications in clothing, medical dressings, and automotive interiors. The Mexican silk industry is thriving due to silk's versatility and suitability for all climatic conditions.
Textile manufacturing also involves the use of synthetic fibers, fiber blends, and various textile processes like spinning, weaving, knitting, dyeing, printing, and finishing. Digital printing, 3D printing, and textile automation have revolutionized textile production, ensuring higher efficiency and quality control. The fashion industry is increasingly focusing on sustainable practices, such as circular economy, ethical sourcing, and reducing textile waste, to minimize environmental impact. Textile research and innovation continue to drive the development of functional fabrics, smart textiles, and advanced textile technologies. Textile chemicals and textile ma
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The global textile industry, a cornerstone of global trade and a significant employer worldwide, is projected to experience robust growth over the next decade. While precise figures for market size and CAGR are not provided, industry analysis suggests a substantial market valued in the hundreds of billions of dollars in 2025, exhibiting a Compound Annual Growth Rate (CAGR) likely in the range of 4-6% through 2033. This growth is driven by several key factors, including rising global populations, increasing disposable incomes in developing economies fueling demand for apparel and home textiles, and advancements in textile technology leading to innovative, sustainable, and high-performance fabrics. Furthermore, the integration of technology into the textile supply chain through automation and data analytics is streamlining processes and improving efficiency, contributing to the overall growth. However, challenges remain, such as fluctuating raw material prices (especially cotton), increasing labor costs in certain regions, and growing concerns regarding environmental sustainability and ethical sourcing practices. These factors necessitate a shift towards sustainable production methods and responsible supply chains to ensure long-term industry health. The industry’s segmentation is dynamic, encompassing various fiber types (natural, synthetic, blends), fabric types (woven, knitted, non-woven), and end-use applications (apparel, home textiles, industrial textiles). Geographic distribution reflects a diverse landscape, with significant contributions from major manufacturing hubs like China, India, and other Asian nations, alongside established textile industries in Europe and North America. Competition is intense, with both established multinational corporations and smaller, specialized players vying for market share. Companies are increasingly focusing on product differentiation through innovation in material science, design, and branding to capture consumer preferences. The future of the textile industry hinges on addressing sustainability concerns, embracing technological advancements, and adapting to evolving consumer demands for ethical and environmentally responsible products.
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The global textile industry, valued at $748 million in 2025, is projected to experience steady growth, driven by a Compound Annual Growth Rate (CAGR) of 3.52% from 2025 to 2033. This growth is fueled by several key factors. Increasing demand for comfortable and sustainable clothing, particularly in emerging economies, is a significant driver. The rise of fast fashion, although controversial for its environmental impact, continues to fuel demand for textiles. Technological advancements in textile manufacturing, such as improved automation and the integration of smart materials, are enhancing efficiency and product innovation. Furthermore, the increasing use of textiles in diverse applications beyond apparel, including industrial and technical fabrics (e.g., automotive, aerospace), and home furnishings, broadens the market's potential. The industry's segmentation by application (clothing, industrial/technical, household), material (cotton, jute, silk, synthetics, wool), and process (woven, non-woven) reflects its versatility and complexity. Major players like Toray Industries, Inditex, and Shandong Weiqiao are key contributors to market dynamics, often shaping trends through their innovative product offerings and global reach. However, challenges persist, including fluctuating raw material prices, environmental concerns regarding textile waste and water consumption, and the increasing pressure to adopt more sustainable practices. The competitive landscape is characterized by both large multinational corporations and smaller, specialized companies. While established players benefit from economies of scale and brand recognition, smaller companies often excel in niche markets or specialized technologies. Regional variations in growth are expected, with Asia-Pacific likely leading due to its large population, growing middle class, and expanding manufacturing base. North America and Europe will continue to be significant markets, though possibly at a slower growth rate compared to Asia-Pacific. The long-term outlook for the textile industry remains positive, contingent upon effective management of environmental concerns, technological innovation, and adapting to shifting consumer preferences towards sustainability and ethical sourcing. Successful companies will prioritize these factors to ensure long-term profitability and market share within the industry. Comprehensive Textile Industry Report: 2019-2033 This report provides a detailed analysis of the global textile industry, encompassing historical data (2019-2024), current estimations (2025), and future forecasts (2025-2033). We examine market dynamics, trends, and key players to offer a comprehensive understanding of this multifaceted sector. The report utilizes high-search-volume keywords such as textile market size, global textile industry, textile manufacturing, clothing textiles, synthetic textiles, and textile innovation, to ensure maximum visibility. Recent developments include: In Feb 2021, The Indian Government has announced the setting up of seven mega textile parks in the next three years. The government has also decided to rationalize the duties on raw material inputs to manmade textiles by reducing the customs duty rate on caprolactam, nylon chips, and nylon fiber and yarn to 5 %., In Feb 2021, Paraguay's Ministry of Industry and Commerce announced that it will be investing USD 1.1 million in the manufacturing sector, mainly benefiting the clothing, textiles, and footwear industries, among other areas related to assembly operations.. Notable trends are: Increasing Demand for Natural Fibers.
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The Report Covers Bangladesh Textile Industry Statistics and the Market is Segmented by Application Type (Clothing Application, Industrial Application, and Household Application), Material (Cotton, Jute, Silk, Synthetics, and Wool), and Process (Woven and Non-woven). The market sizes and forecasts for all the above segments are Provided in terms of value (USD billion).
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The Africa Textile Industry Statistics & Overview. The market is Segmented By Application Type (Clothing, Industrial/Technical Applications, and Household Applications), By Material Type (Cotton, Jute, Silk, Synthetics, and Wool), Process Type (Woven and Non-woven), and Market Dynamics - Growth, Trends, and Forecasts (2021-2026).
In 2023, the market size of the Indian textile industry was worth *** billion U.S. dollars, a decrease from previous year. The market size is likely to increase to *** billion dollars by 2030.
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License information was derived automatically
Hong Kong HK: GDP: % of Manufacturing: Textiles and Clothing data was reported at 15.779 % in 2014. This records an increase from the previous number of 14.729 % for 2013. Hong Kong HK: GDP: % of Manufacturing: Textiles and Clothing data is updated yearly, averaging 31.536 % from Dec 1973 (Median) to 2014, with 42 observations. The data reached an all-time high of 48.364 % in 1976 and a record low of 14.729 % in 2013. Hong Kong HK: GDP: % of Manufacturing: Textiles and Clothing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hong Kong – Table HK.World Bank: Gross Domestic Product: Share of GDP. Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Textiles and clothing correspond to ISIC divisions 17-19.; ; United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.; ;
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The global textile manufacturing market, encompassing diverse applications like fashion & clothing, household textiles, and others, and materials including wool, silk, cotton, and blends, is experiencing robust growth. While precise market size figures for 2025 aren't provided, leveraging publicly available data and industry reports, a reasonable estimate places the 2025 market value at approximately $800 billion USD. Considering a conservative Compound Annual Growth Rate (CAGR) of 5%, driven by factors such as increasing global apparel consumption, rising disposable incomes in emerging economies, and technological advancements in textile production (e.g., sustainable manufacturing practices, automation), the market is projected to reach approximately $1.02 trillion by 2033. Key growth drivers include the rising popularity of fast fashion, the increasing demand for comfortable and durable home textiles, and the expanding application of textiles in specialized areas like medical textiles and technical textiles. However, challenges such as fluctuations in raw material prices, environmental concerns related to textile waste, and intense competition from low-cost manufacturing regions remain significant restraints. The market is segmented geographically with North America and Asia-Pacific expected to dominate, reflecting strong consumer demand and established manufacturing bases. Analysis of leading companies like Amann Group, Arfil, and others, reveals a competitive landscape marked by both established players and emerging innovative businesses. Successful players will need to focus on sustainability, technological innovation, and supply chain efficiency to thrive in this dynamic market. The geographic distribution of the market sees significant concentration in developed regions like North America and Europe, but emerging economies in Asia-Pacific, particularly China and India, are experiencing rapid growth, fueled by expanding middle classes and burgeoning domestic demand. Regional variations in consumption patterns and manufacturing capabilities contribute to a diversified market structure. The market also demonstrates segmentation based on fiber type, with cotton remaining the dominant material due to cost-effectiveness, while the demand for sustainable and high-performance materials like wool and silk is gradually increasing. This suggests potential growth opportunities for businesses focusing on innovative and sustainable textile manufacturing. Successful strategies will involve investing in research and development, aligning with sustainable production methods, and establishing resilient supply chains capable of meeting evolving consumer demands.
Textile Machinery Market Size 2024-2028
The textile machinery market size is forecast to increase by USD 10.71 billion at a CAGR of 6.74% between 2023 and 2028.
The market is experiencing significant growth, driven by the rising demand for nonwoven fabrics and automation in textile production. Nonwoven fabrics, which are used in various industries such as medical, hygiene, and geotextiles, are gaining popularity due to their versatility and superior properties. Automation in textile machinery is another key trend, as it helps increase productivity, reduce labor costs, and improve product quality. However, the high initial capital investment required for installing modern textile machinery poses a challenge for small and medium-sized enterprises (SMEs) in the market. Despite this, the market is expected to grow steadily due to the increasing demand for automation and nonwoven fabrics in various industries. Long-term trends, including consumer preferences for affordable clothing collections, mass customization, and e-commerce, are driving the demand for higher output and reduced labor costs.
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The market is experiencing significant growth due to the increasing automation in textile production. The integration of robots and advanced technologies such as multinational firms' investment in automation is driving productivity and sustainability in the industry.
Digitalization is also playing a crucial role in the textile sector, with the adoption of new machinery for spinning, weaving, dyeing, finishing, and non-woven fabrics. Biotechnology and plasma technology are revolutionizing the textile industry by providing eco-friendly and high-performance solutions. The market is witnessing the introduction of new machinery using nanotechnology, laser printing, and 3D printing for producing innovative textiles. Textile producers are focusing on enhancing product quality and reducing production costs by implementing advanced technologies. The global market for textile machinery is expected to grow steadily due to the increasing demand for sustainable and high-performance textiles.
How is this market segmented and which is the largest segment?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Product
Spinning machinery
Knitting machinery
Weaving machinery
Texturing machinery
Finishing and other machinery
End-user
Garment and apparel factory
Cotton and wool mills
Home textile
Technical textile
Geography
APAC
China
India
Japan
Vietnam
Europe
North America
Middle East and Africa
South America
By Product Insights
The spinning machinery segment is estimated to witness significant growth during the forecast period.
The market is experiencing significant growth due to automation and technological advancements in various processes such as fiber processing, yarn production, fabric production, fiber pre-treatment, dyeing and printing, finishing treatments, spinning, weaving, dyeing, and finishing. Multinational firms are investing heavily in this sector to enhance productivity, sustainability, and digitalization. China, India, Vietnam, Turkey, and Indonesia are key Asian countries investing in short-staple spindle machinery, which is primarily used for spinning yarns from cotton, polyester, viscose, and other blends.
Sustainability considerations, energy-efficient machinery, and eco-friendly practices are also becoming increasingly important in the market. Regulatory changes and environmental concerns are leading to plant shutdowns, while remote maintenance and digitalization solutions are enabling smart manufacturing and robotics. Data-driven technologies, efficiency and productivity, and monitor and control systems are essential for agility and flexibility in the industry. Technological innovations in spinning machines, such as open-end rotor spindles, are revolutionizing the textile industry by increasing productivity and reducing production costs.
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The Spinning machinery segment was valued at USD 5.17 billion in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 64% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market in the Asia-Pacific (APAC) region is experiencing significant growth, driven by the expanding
This statistic illustrates the growth rate of textile industry across India from fiscal year 2010 to fiscal year 2020. The growth rate of textile industry across India was estimated to be *** percent from fiscal year 2015 to 2020, up from about seven percent from fiscal year 2010 to fiscal year 2015.