Textile Global Market By Product Type, By Raw Materail, By Appliction, Opportunity Analysis And Forecast Till 2031 | Toray Industries Inc., Daiwabo Holdings Co Ltd, Mohawk Industries Inc., Tarkett S.A, Berkshire Hathaway Inc.
The global textile market report by the business research company identifies growth Of E-commerce - Increasing demand for online shopping is expected to drive the textile manufacturing market. Manufacturers can now sell their products on a larger platform than before, which will increase their customer base geographically driving the growth of the textile manufacturing market. In countries such as India, for instance, e-commerce portals have boosted the sales of traditional garments by giving larger exposure to producers who were confined to one geography.
The global textile market grew from $530.97 billion in 2021 to $577.83 billion in 2022 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The textile market is expected to grow to $722.32 billion in 2026 at a CAGR of 5.7%.
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Asia Pacific was the largest region in the textile market in 2021. Western Europe was the second largest region in the textile market. The regions covered in textile report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major players in the textile market are Toray Industries Inc., Daiwabo Holdings Co Ltd, Mohawk Industries Inc., Ashley Furniture Industries Inc., Berkshire Hathaway Inc., Far Eastern New Century, Tarkett S.A, Beaulieu International Group, Masco Corporation and Grasim Industries Limited.
The global textile market is segmented -
1) By Type: Other Textile Product Mills, Fabrics, Yarn, Fiber And Thread, Home Furnishings And Floor Coverings, Textile and Fabric Finishing and Fabric Coating Mills
2) By Material: Cotton, Jute, Silk, Synthetics, Wool
3) By Process: Woven, Non-woven
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The Textile Market Report Contents Include
1. Executive Summary
2. Report Structure
3. Textile Market Characteristics
4. Textile Market Product Analysis
5. Textile Market Supply Chain
22. Key Mergers And Acquisitions In The Textile Market
23. Market Background: Paper, Plastics, Rubber, Wood And Textile Manufacturing Market
26. Copyright And Disclaimer
This report covers the trends and market dynamics of the textile market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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