Product Code: GVR-1-68038-736-0
Textile Market Summary
The global textile market size was estimated at USD 1.11 billion in 2024 and is projected to reach USD 1.61 billion by 2033, growing at a CAGR of 4.2% from 2025 to 2033. The demand for textiles is rising due to fast fashion, growing urbanization, and increasing disposable incomes in emerging economies. Consumer preferences are shifting toward trendy, comfortable, and affordable clothing, fueling retail apparel demand.
In addition, the rise of e-commerce platforms has made textile products more accessible globally. There is also increasing use of technical textiles in industries such as automotive, construction, and healthcare. Population growth and higher per capita clothing consumption are accelerating textile production. Seasonal fashion cycles and influencer-led marketing have further escalated demand. Moreover, post-pandemic recovery is reviving both consumer and industrial textile usage.
Key drivers include a booming apparel industry, technological advancements in textile manufacturing, and the expansion of organized retail. Sustainability is a growing driver as eco-friendly and organic fibers attract environmentally conscious consumers. Industrial uses of textiles-such as geotextiles, medical textiles, and automotive interiors-are growing rapidly. Government policies supporting textile parks and export incentives also play a major role. Increased demand for home decor and furnishing textiles further contributes to the market growth. In addition, demand for anti-bacterial, fire-resistant, and water-repellent fabrics is increasing across sectors, especially in defense and healthcare.
There is a strong trend toward smart textiles, such as fabrics integrated with sensors and conductive fibers for health and fitness monitoring. Bio-based and recycled fibers are gaining momentum, with brands adopting closed-loop systems. Digital textile printing is revolutionizing custom apparel and reducing water waste. Blockchain is being tested for textile traceability and transparency. Fashion brands are launching biodegradable and zero-waste collections. Growth in 3D knitting technology enables faster, on-demand production with reduced material wastage. In addition, collaborations between fashion and tech companies are creating innovative wearable technologies.
Global Textile Market Report Segmentation
This report forecasts revenue & volume growth at regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global textile market report based on raw material, product, application, and region:
- Raw material Outlook (Volume, KiloTons; Revenue, USD Billion, 2021 - 2033)
- Cotton
- Chemical
- Wool
- Silk
- Others
- Product Outlook (Volume, KiloTons; Revenue, USD Billion, 2021 - 2033)
- Natural Fibers
- Polyesters
- Nylon
- Others
- Application Outlook (Volume, KiloTons; Revenue, USD Billion, 2021 - 2033)
- Household
- Bedding
- Kitchen
- Upholstery
- Towel
- Others
- Technical
- Construction
- Transport
- Medical
- Protective
- Fashion & Clothing
- Apparel
- Ties & Clothing
- Handbags
- Others
- Others
- Regional Outlook (Volume, KiloTons; Revenue, USD Billion, 2021 - 2033)
- North America
- Europe
- Germany
- France
- Italy
- UK
- Turkey
- Russia
- Asia Pacific
- China
- India
- Japan
- Australia
- Central & South America
- Middle East & Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources
- 1.3.4. Third-Party Perspectives
- 1.3.5. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation and Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Textile Market Variables, Trends & Scope
- 3.1. Value Chain Analysis
- 3.2. Regulatory Framework
- 3.3. Technology Overview
- 3.4. Market Dynamics
- 3.4.1. Market driver analysis
- 3.4.1.1. Growing construction activities in the developing countries
- 3.4.1.2. Increasing adoption of prefabricated construction materials
- 3.4.2. Market restraint analysis
- 3.4.2.1. Need for regular deck maintenance
- 3.4.3. Industry opportunity
- 3.4.4. Market Challenges
- 3.5. Major Deals & Strategic Alliances Analysis
- 3.6. Business Environment Analysis
- 3.6.1. Porter's Analysis
- 3.6.1.1. Supplier Power
- 3.6.1.2. Buyer Power
- 3.6.1.3. Substitution Threat
- 3.6.1.4. Threat from New Entrants
- 3.6.1.5. Competitive Rivalry
- 3.6.2. PESTEL Analysis, by SWOT
- 3.6.2.1. Political Landscape
- 3.6.2.2. Environmental Landscape
- 3.6.2.3. Social Landscape
- 3.6.2.4. Technology Landscape
- 3.6.2.5. Economic Landscape
- 3.6.2.6. Legal Landscape
Chapter 4. Textile Market: Raw Material Estimates & Trend Analysis
- 4.1. Raw Material Takeaways
- 4.2. Raw Material Market Share Analysis, 2025 - 2033
- 4.3. Textile Market Estimates & Forecast, By Raw Material (USD Million), 2021 - 2033
- 4.3.1. Cotton
- 4.3.2. Chemical
- 4.3.3. Wool
- 4.3.4. Silk
- 4.3.5. Others
Chapter 5. Textile Market: Product Estimates & Trend Analysis
- 5.1. Product Takeaways
- 5.2. Product Market Share Analysis, 2025 - 2033
- 5.3. Textile Market Estimates & Forecast, By Product (USD Million), 2021 - 2033
- 5.3.1. Natural Fibers
- 5.3.2. Polyesters
- 5.3.3. Nylon
- 5.3.4. Others
Chapter 6. Textile Market: Application Estimates & Trend Analysis
- 6.1. Application Takeaways
- 6.2. Application Market Share Analysis, 2025 - 2033
- 6.3. Textile Market Estimates & Forecast, By Application (USD Million), 2021 - 2033
- 6.3.1. Household
- 6.3.2. Technical
- 6.3.3. Fashion & Clothing
- 6.3.4. Others
Chapter 7. Textile Market: Regional Estimates & Trend Analysis
- 7.1. Key Takeaways
- 7.2. Regional Market Share Analysis, 2025 - 2033
- 7.3. North America
- 7.3.1. North America textile market estimates & Forecasts, 2021 - 2033 (USD Million)
- 7.3.2. U.S.
- 7.3.2.1. U.S. textile market estimates & Forecasts, 2021 - 2033 (USD Million)
- 7.3.3. Canada
- 7.3.3.1. Canada textile market estimates & Forecasts, 2021 - 2033 (USD Million)
- 7.3.4. Mexico
- 7.3.4.1. Mexico textile market estimates & Forecasts, 2021 - 2033 (USD Million)
- 7.4. Europe
- 7.4.1. Europe textile market estimates & Forecasts, 2021 - 2033 (USD Million)
- 7.4.2. UK
- 7.4.2.1. UK textile market estimates & Forecasts, 2021 - 2033 (USD Million)
- 7.4.3. Germany
- 7.4.3.1. Germany textile market estimates & Forecasts, 2021 - 2033 (USD Million)
- 7.4.4. France
- 7.4.4.1. France textile market estimates & Forecasts, 2021 - 2033 (USD Million)
- 7.4.5. Turkey
- 7.4.5.1. Turkey textile market estimates & Forecasts, 2021 - 2033 (USD Million)
- 7.4.6. Italy
- 7.4.6.1. Italy textile market estimates & Forecasts, 2021 - 2033 (USD Million)
- 7.4.7. Russia
- 7.4.7.1. Russia textile market estimates & Forecasts, 2021 - 2033 (USD Million)
- 7.5. Asia Pacific
- 7.5.1. Asia Pacific textile market estimates & Forecasts, 2021 - 2033 (USD Million)
- 7.5.2. China
- 7.5.2.1. China textile market estimates & Forecasts, 2021 - 2033 (USD Million)
- 7.5.3. Japan
- 7.5.3.1. Japan textile market estimates & Forecasts, 2021 - 2033 (USD Million)
- 7.5.4. India
- 7.5.4.1. India textile market estimates & Forecasts, 2021 - 2033 (USD Million)
- 7.5.5. Australia
- 7.5.5.1. Australia textile market estimates & Forecasts, 2021 - 2033 (USD Million)
- 7.5.6. RoAPAC
- 7.5.6.1. RoAPAC textile market estimates & Forecasts, 2021 - 2033 (USD Million)
- 7.6. Central & South America
- 7.6.1. Central & South America textile market estimates & Forecasts, 2021 - 2033 (USD Million)
- 7.6.2. Brazil
- 7.6.2.1. Brazil textile market estimates & Forecasts, 2021 - 2033 (USD Million)
- 7.7. Middle East & Africa
- 7.7.1. Middle East & Africa textile market estimates & Forecasts, 2021 - 2033 (USD Million)
- 7.7.2. Saudi Arabia
- 7.7.2.1. Saudi Arabia textile market estimates & Forecasts, 2021 - 2033 (USD Million)
- 7.7.3. Iran
- 7.7.3.1. Iran textile market estimates & Forecasts, 2021 - 2033 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Competition Categorization
- 8.3. Company Market Positioning
- 8.4. Company Heat Map Analysis, 2024
- 8.5. Strategy Mapping, 2024
- 8.6. Company Listing
- 8.6.1. Hengli Petrochemical Co., Ltd.
- 8.6.1.1. Company Overview
- 8.6.1.2. Financial Performance
- 8.6.1.3. Product Benchmarking
- 8.6.1.4. Strategic Initiatives
- 8.6.2. Shenzhou International Group Holdings Ltd
- 8.6.2.1. Company Overview
- 8.6.2.2. Financial Performance
- 8.6.2.3. Product Benchmarking
- 8.6.2.4. Strategic Initiatives
- 8.6.3. Toray Industries, Inc.
- 8.6.3.1. Company Overview
- 8.6.3.2. Financial Performance
- 8.6.3.3. Product Benchmarking
- 8.6.3.4. Strategic Initiatives
- 8.6.4. Inditex
- 8.6.4.1. Company Overview
- 8.6.4.2. Financial Performance
- 8.6.4.3. Product Benchmarking
- 8.6.4.4. Strategic Initiatives
- 8.6.5. Chargeurs SA
- 8.6.5.1. Company Overview
- 8.6.5.2. Financial Performance
- 8.6.5.3. Product Benchmarking
- 8.6.5.4. Strategic Initiatives
- 8.6.6. Far Eastern New Century Corporation
- 8.6.6.1. Company Overview
- 8.6.6.2. Financial Performance
- 8.6.6.3. Product Benchmarking
- 8.6.6.4. Strategic Initiatives
- 8.6.7. Vardhman Textiles
- 8.6.7.1. Company Overview
- 8.6.7.2. Financial Performance
- 8.6.7.3. Product Benchmarking
- 8.6.7.4. Strategic Initiatives
- 8.6.8. Sasa Polyester Sanayi A.S.
- 8.6.8.1. Company Overview
- 8.6.8.2. Financial Performance
- 8.6.8.3. Product Benchmarking
- 8.6.8.4. Strategic Initiatives
- 8.6.9. Eclat Textile Co. Ltd
- 8.6.9.1. Company Overview
- 8.6.9.2. Financial Performance
- 8.6.9.3. Product Benchmarking
- 8.6.9.4. Strategic Initiatives
- 8.6.10. TJX Companies
- 8.6.10.1. Company Overview
- 8.6.10.2. Financial Performance
- 8.6.10.3. Product Benchmarking
- 8.6.10.4. Strategic Initiatives