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

Graph and download economic data for Producer Price Index by Commodity: Textile Products and Apparel: Finished Manmade, Silk, and Other Natural Fiber (Excluding Cotton and Wool) Broadwoven Fabrics (WPU034203) from Dec 1975 to Jun 2025 about silk, wool, cotton, finished, fiber, textiles, apparel, commodities, PPI, inflation, price index, indexes, price, and USA.

The Wholesale Price Index of textiles across India during the financial year 2024 was nearly 135. The price index value of textiles increased by about 35 percent from the base year of 2012. An overall increase in the price index was seen over the years from the financial year 2013 in the country.

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.

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.

Graph and download economic data for Producer Price Index by Commodity: Textile Products and Apparel: Industrial and Other Fabricated Products (WPU038303) from Dec 1977 to Jun 2025 about fabrication, textiles, apparel, commodities, PPI, industry, inflation, price index, indexes, price, and USA.

China Producer Price Index: Textile data was reported at 98.300 Prev Year=100 in 2024. This records a decrease from the previous number of 98.500 Prev Year=100 for 2023. China Producer Price Index: Textile data is updated yearly, averaging 100.490 Prev Year=100 from Dec 1979 (Median) to 2024, with 46 observations. The data reached an all-time high of 136.800 Prev Year=100 in 1994 and a record low of 94.100 Prev Year=100 in 1998. China Producer Price Index: Textile data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IE: Producer Price Index.

Snapshot img

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?

Request Free Sample

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

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.

The Textile Weaving and Finishing industry has been in long-term decline. Still, this trend may reverse as the industry focuses more and more on high-quality niche textile markets, including high-end wool and cotton clothing, household textiles and technical fabrics for workwear manufacturing. Demand from key manufacturing markets, like clothing and soft furnishings, are the main drivers of textile mills’ performance. The price of inputs like wool and cotton is also highly influential, dictating movement in textile weavers' profitability. Over the five years through 2024-25, revenue is set to inch up at a compound annual rate of 0.1% to just over £1.9 billion. Falling sales during the COVID-19 outbreak dragged revenue down over the two years through 2021-22. This was followed by soaring inflation in 2022-23, which left textile weavers and finishers grappling with increased costs. The price of utilities and key inputs like cotton put particularly intense pressure on manufacturers, who saw profitability tumble during this period. However, campaigns promoting domestic manufacturing industries (including the Made in Britain campaign and the Campaign for Wool) have aided revenue growth. Similarly, a growing demand for sustainable and ethically sourced clothing has supported industry revenue as British clothing brands look to source and produce more of their garments in the UK. In 2024-25, revenue is expected to hike by 7.2% as demand from key downstream markets, including soft furnishings and clothing manufacturing, continues to swell. Revenue growth will also be supported by easing cost-of-living pressures as lower inflation and interest rates support consumer and business spending. Revenue is forecast to swell at a compound annual rate of 3% over the five years through 2029-30 to just under £2.2 billion. Strengthening sales to key downstream markets will boost revenue, while demand for high-end and advanced finished fabrics and textiles will drive up profitability. Technological advancement, including the increasing incorporation of nanotechnology and 3D printing technology, will allow textile weavers to offer more value-added products. While this is set to benefit profitability, it's also likely to raise the industry's capital intensity. Sustainability will also play a huge role in the future of textile manufacturing in the UK, especially in the finishing textile processes, as environmental regulations on dyes become stricter and consumers seek more environmentally friendly options.

United States - Producer Price Index by Commodity: Textile Products and Apparel: Finished Manmade, Silk, and Other Natural Fiber (Excluding Cotton and Wool) Broadwoven Fabrics was 234.40700 Index 1982=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Textile Products and Apparel: Finished Manmade, Silk, and Other Natural Fiber (Excluding Cotton and Wool) Broadwoven Fabrics reached a record high of 257.83500 in July of 2022 and a record low of 78.20000 in March of 1978. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Textile Products and Apparel: Finished Manmade, Silk, and Other Natural Fiber (Excluding Cotton and Wool) Broadwoven Fabrics - last updated from the United States Federal Reserve on July of 2025.

China Textile Industry: YoY: Cost of Sales: Year to Date data was reported at 2.550 % in Dec 2018. This records a decrease from the previous number of 3.900 % for Nov 2018. China Textile Industry: YoY: Cost of Sales: Year to Date data is updated monthly, averaging 12.823 % from Jan 2003 (Median) to Dec 2018, with 163 observations. The data reached an all-time high of 33.770 % in Feb 2011 and a record low of 1.970 % in Feb 2009. China Textile Industry: YoY: Cost of Sales: Year to Date data remains active status in CEIC and is reported by China Textile Industry Association. The data is categorized under China Premium Database’s Textile Sector – Table CN.RSC: Textile Industry.

In 2023, domestic incoming orders in the German textile industry decreased by around 6.5 percent compared to the year before. In fact, all the types of incoming orders displayed here saw a decrease that year.

In 2023, the export rate of the German textile industry was around **** percent, meaning that roughly half of the industry revenue was generated through foreign trade. This was a slight decrease compared to the year before.

This statistic shows the quarterly export price index of clothing, footwear and textile products in Canada from the first quarter of 2014 to the third quarter of 2023. The export price index of clothing, footwear and textile products in Canada stood at ***** points during the third quarter of 2023.

United States - Textile Mills and Textile Product Mills: Cost of Materials was 19.74700 Bil. of Current $ in January of 2023, according to the United States Federal Reserve. Historically, United States - Textile Mills and Textile Product Mills: Cost of Materials reached a record high of 34.86100 in January of 1998 and a record low of 16.67100 in January of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Textile Mills and Textile Product Mills: Cost of Materials - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for Producer Price Index by Commodity: Textile Products and Apparel: Woven and Braided Narrow Fabrics (WPU0344) from Jun 1976 to Jun 2025 about narrow, textiles, apparel, commodities, PPI, inflation, price index, indexes, price, and USA.

In 2022, China was the top ranked global textile exporter with a value of approximately *** billion U.S. dollars. Textiles can refer to the materials used in clothing production, as well as the finished garments. At almost **** the value of China, the European Union ranked in second place, with an export value of around ** billion U.S. dollars. China’s export figures translate to almost **** percent of the total textile export market worldwide. What are the different types of textiles? Textiles can be classified in several ways, including by their component fibers, the quality, and their value. The five main component fibers which textiles can be produced from are silk, wool, linen, cotton, and inorganic fibers. Before people learnt to weave these fibers into textiles to produce clothes, the first clothing items were most likely made up of animal skins. The industry today has been industrialized on such a scale that it is almost unrecognizable from its origins. China’s textile industry China is the largest textile producing and exporting country in the world. With its rapid growth over the last two decades, the Chinese textile industry has become one of the main pillars of the country’s economy. Clothes, clothing accessories, textile yarns and textile articles are amongst Chinas’s top export goods. Low cost and vast labor, reduced commercial barriers, and material supply availability are a few of the competitive advantages the country offers for the clothing manufacturing industry. Regarding material supply, for example, China is amongst the top three cotton producers worldwide. However, Chinese cloth production has decreased in recent years.

United States - Producer Price Index by Commodity: Textile Products and Apparel: Finished Cotton Broadwoven Fabrics was 195.87100 Index 1982=100 in April of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Textile Products and Apparel: Finished Cotton Broadwoven Fabrics reached a record high of 221.07800 in March of 2023 and a record low of 68.20000 in December of 1975. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Textile Products and Apparel: Finished Cotton Broadwoven Fabrics - last updated from the United States Federal Reserve on June of 2025.

India Textile: Annual Survey of Industry: Percentage of Total Manufacturing Industry: Number of Factories data was reported at 7.500 % in 2017. This records a decrease from the previous number of 7.600 % for 2016. India Textile: Annual Survey of Industry: Percentage of Total Manufacturing Industry: Number of Factories data is updated yearly, averaging 8.300 % from Mar 2009 (Median) to 2017, with 9 observations. The data reached an all-time high of 8.800 % in 2011 and a record low of 7.500 % in 2017. India Textile: Annual Survey of Industry: Percentage of Total Manufacturing Industry: Number of Factories data remains active status in CEIC and is reported by CEIC Data. The data is categorized under India Premium Database’s Textile Sector – Table IN.RSJ001: Textile: Overview of Annual Survey Industry.