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North American Textile Market Size, Share, Impressive Industry Growth, Report 2027

11-24-2021 01:42 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The North American textile market is estimated to display a moderate CAGR during the forecast period. The textile sector in the North America is considered among the largest market across the globe. Although it is highly fragmented, it is gaining global attention, due to the long-term growth prospects of the industry. This industry is highly sensitive to the economic situation of the region. It is affected by the slowing economy with the recession in some manufacturing areas. Recently, it has been observed that North America is losing its business to low-wage countries, especially in terms of routine, high volume, and lower technology items.

A full report of North American Textile Market is available at: https://www.omrglobal.com/industry-reports/north-american-textile-market

In the US, the local textile production is mainly in the California and other south-eastern states; however each state has some textile manufacturing. Various trade agreements allow certain exports from member countries enter the US market duty-free, only if they are manufactured from textiles produced in the region specified in the agreement. This has stimulated manufacturers in Mexico and Central America to utilize US-made fabrics and yarns in apparel, home furnishings, and other products.

The Canadian market is the second-largest market (behind Mexico), in terms of the US exports of textiles and apparels. The Canadian textile industry has a long and productive history. Additionally, like the United States, it has seen a production shift over the last decade from traditional textile manufacturing to the development and production of technical and nonwoven textiles. Canada’s long term trade strategy eyes the development of the additional markets, which aims to reduce its dependence on the US economy.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/north-american-textile-market

Market Coverage

• Market number available for – 2019-2026
• Base year- 2019
• Forecast Period- 2020-2026
• Segment Covered- by Material and Application
• Countries Covered- the US and Canada
• Competitive Landscape- Glen Raven, Inc., Elevate Textiles, Inc. (International Textile Group), Koch Industries, Inc., Ralph Lauren Corp., Toray Industries, Inc. and VF Corp.

Key questions addressed by the report

• What is the market growth rate?
• Which segment/region dominates the market in base year?
• Which segment/region will project fastest growth in the market?
• How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region/segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

North American Textile Market Report- Segment

By Material

• Cotton
• Jute
• Silk
• Synthetic
• Wool
• Others

By Application

• Fashion and Clothing
• Industrial/Technical
• Household
• Global Textile Market Report Segment

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/north-american-textile-market

North American Textile Market– Segment by Region

• United States
• Canada

Company Profiles

• ANICHINI, Inc.
• Brahms Mount
• Burlington Industries, Inc.
• Glen Raven, Inc.
• Hanesbrands, Inc.
• Elevate Textiles, Inc. (International Textile Group)
• Koch Industries, Inc.
• Kraemer Textiles Inc.
• Ralph Lauren Corp.
• Rockland Industries
• The American Woolen Company
• Toray Industries, Inc.
• VF Corp.
• Welspun Group

Reasons to Buying From us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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