Global Textile Market

Global Textile Market

Segments - by Product Types (Fabric, Natural Fibers, Nylon, Polyesters, Yarn, and Others), Raw Materials (Chemical, Cotton, Silk, Wool, and Others), Processes (Woven and Non-woven), Applications (Clothing Textiles, Fashion Textiles, Home-decor Textiles, Technical Textiles, and Others), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Forecasts, 2021-2028

  • Report ID: CG-4196
  • Author: Growth Market Reports
  • Rating: 4.7
  • Total Reviews: 51
  • No. Of Pages: 188
  • Format:
  • Pub. Date: Upcoming
  • Share:

The global textile market size is expected to register a robust CAGR during the forecast period, between 2021 and 2028. The growth of the market is attributed to the growing apparel demand.

Global Textile Market summary

Textiles are materials made from thin fibers, threads, and filaments mainly derived from different sources such as artificial, natural, or a combination of sources. Textile fibers are often made by knitting, weaving, and felting yarns in precise patterns and then processing them to make a length of cloth. Cotton, jute, silk, flannel, denim, leather, hemp, wool, velvet, and linen are examples of natural textiles. Certain textiles have a variety of advantageous features including great resistance to alkalis, acids, temperatures, and moisture and are frequently utilized in the production of cushioning garments, insulating materials, air filters, carpets, and coated fabrics.

Market Trends, Drivers, Restraints, and Opportunities:

  • Growing apparel demand from the fashion sector along with the expansion of e-commerce platforms is projected to propel the market during the forecast timeline.
  • Rising trend of smart textiles and product developments including the introduction of optical fibers and conductive polymers present key factors driving market expansion.
  • Increasing consumer spending power as well as rising demands for sustainable and natural textile products are estimated to boost the market forward.
  • Strict government rules and restrictions regarding deforestation and environment degradation are major challenges projected to hinder the market growth in the coming years.
  • The outbreak of COVID-19 pandemic had forced governments across countries to impose restrictions on the manufacturing units. As a result of a disrupted supply chain and imposed lockdown, the market is affected by the pandemic, which acts as a key market restraint.
  • Rapid development of new technologies for apparel production is projected to generate immense growth opportunities for the market players.

Scope of the report:

The report on the global textile market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Textile Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (Fabric, Natural Fibers, Nylon, Polyesters, Yarn, and Others), Raw Materials (Chemical, Cotton, Silk, Wool, and Others), Processes (Woven and Non-woven), and Applications (Clothing Textiles, Fashion Textiles, Home-decor Textiles, Technical Textiles, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

BSL Limited; China Textile s (Shenzhen) Co., Ltd; Paulo de Oliveira; Modern Woollens; Paramount Textiles; Mayur; INVISTA; and DuPont

Global Textile Market Segment Insights:

Natural fibers segment is projected to hold significant market share

Based on product types, the global textile market is segmented into fabric, natural fibers, nylon, polyesters, yarn, and others. The natural fibers segment is projected to hold significant market share due to wide applications of such materials in the fashion and garment industry. Increasing environmental concerns combined with emerging consumers’ trend toward more sustainable products are likely to boost the demand for natural fibers. The polyesters segment, however, is expected to expand at a healthy growth rate in the coming years due to its various remarkable features such as high strength, wrinkle resistance and chemical, and quick drying. It is used in both households as a cushioning and insulating material in pillows as well as in industries to make coated fabrics, air filters, carpets, and other products.

Global Textile Market product types

Cotton segment is anticipated to account for a substantial share

On the basis of raw materials, the market is fragmented into chemical, cotton, silk, wool, and others. The cotton segment is anticipated to account for a substantial share of the market owing to its exceptional qualities such as strong absorbency, strength, and color retention. India, China, and the United States are the world's largest producers of cotton and cotton-based products. The chemical segment, however, is likely to register a substantial growth rate during the forecast period as they are vital components for the entire textile production business. Despite the fact that chemicals are detrimental to human health and the environment, they are widely utilized in the textile business as neutralizers, mercerizing agents, binders, leveling agents, thickeners, and stain-removers.

Non-woven segment to register a substantial growth rate 

In terms of processes, the global textile market is bifurcated into woven and non-woven. The non-woven segment is anticipated to register a substantial growth rate during the forecast period owing to the wide applications of the method for various products. The method is widely used to produce hygienic items such as sanitary napkins, baby diapers, and adult incontinence products. Non-woven are utilized in road building as geotextiles to boost road resilience and low maintenance costs of products are projected to drive the demand in construction applications. The wide adoption of non-woven fabric in the automotive and transportation industries present another key factors for the segment growth. Owing to endurance, non-woven fabrics are used in the fabrication of a vast variety of external and interior parts in the vehicle sector.

Fashion textiles segment to expand at a robust pace in the near future

Based on applications, the market is segregated into clothing textiles, fashion textiles, home-decor textiles, technical textiles, and others. The fashion textiles segment is expected to expand at a robust pace in the near future due to the rising consumer spending on clothing and apparel. Furthermore, increasing consumer demand for shirting fabrics and crease-free suiting as well as printed fabrics and quality dyed are expected to fuel the segment growth. Furthermore, rising demand for casual and formal wear as well as other stylish items among all age groups of the global population present other key drivers of the segment.

Global Textile Market applications

Asia Pacific is expected to dominate the market

In terms of regions, the textile market is classified as Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific is expected to dominate the market due to the increasing sales of clothes and apparel goods due to changing lifestyle and high number of the population in the region. Furthermore, the existence of a large number of e-commerce platforms offering apparel and related accessories in developing economies act as a major factors pushing the regional market expansion. Moreover, increasing organized retail penetration, rising income levels, favorable demographics, and friendly government policies are likely to drive substantial demand for textile products in the region.

Global Textile Market region

Segments

The global textile market has been segmented on the basis of
Product Types

  • Fabric
  • Natural Fibres
  • Nylon
  • Polyesters
  • Yarn
  • Others

Raw Materials

  • Chemical
  • Cotton
  • Silk
  • Wool
  • Others

Processes

  • Woven
  • Non-woven

Applications

  • Clothing Textiles
  • Fashion Textiles
  • Home-decor Textiles
  • Technical Textiles
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • BSL Limited
  • China Textiles (Shenzhen) Co., Ltd.
  • Paulo de Oliveira
  • Modern Woollens
  • Paramount Textiles
  • Mayur
  • INVISTA
  • DuPont

Competitive Landscape

Key players in the global textile market are BSL Limited; China Textiles (Shenzhen) Co., Ltd; Paulo de Oliveira; Modern Woollens; Paramount Textiles; Mayur; INVISTA; and DuPont. These players have constantly engaged in various market development strategies including collaborations, agreements, mergers & acquisitions, production capacity expansion, new product launches, and partnerships to increase their market share.

Global Textile Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Textile Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Textile Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Textile Market - Supply Chain
  4.5. Global Textile Market Forecast
     4.5.1. Textile Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Textile Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Textile Market Absolute $ Opportunity
5. Global Textile Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Textile Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Textile Demand Share Forecast, 2019-2026
6. North America Textile Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Textile Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Textile Demand Share Forecast, 2019-2026
7. Latin America Textile Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Textile Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Textile Demand Share Forecast, 2019-2026
8. Europe Textile Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Textile Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Textile Demand Share Forecast, 2019-2026
9. Asia Pacific Textile Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Textile Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Textile Demand Share Forecast, 2019-2026
10. Middle East & Africa Textile Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Textile Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Textile Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Textile Market: Market Share Analysis
  11.2. Textile Distributors and Customers
  11.3. Textile Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. BSL Limited
     11.4.2. China Textiles (Shenzhen) Co., Ltd.
     11.4.3. Paulo de Oliveira
     11.4.4. Modern Woollens
     11.4.5. Paramount Textiles
     11.4.6. Mayur
     11.4.7. INVISTA
     11.4.8. DuPont

Buy Report