Press release
Textile Market Size, Industry Trends, Size, Growth Factors, Key Players and Analysis 2023-2028
Textile Market
๐๐จ๐ฐ ๐๐ข๐ ๐ข๐ฌ ๐ญ๐ก๐ ๐๐๐ฑ๐ญ๐ข๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ?
The global textile market size reached US$ 985 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,268 Billion by 2028, exhibiting a growth rate (CAGR) of 4.2% during 2023-2028.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐จ๐ซ ๐ ๐ ๐ซ๐๐ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/textile-market/requestsample
What is Textile?
Textile refers to any material that is made through the process of weaving, knitting, crocheting, or felting fibers together. It is a broad term that encompasses various types of fabrics and materials used in clothing, household textiles, industrial applications, and more. Textiles are generated from natural fibers, like wool, cotton, linen, and silk, as well as synthetic fibers, such as nylon, acrylic, and polyester. These fibers undergo various processes to create yarn or thread, which is then woven, knitted, or otherwise manipulated to form the fabric. Textiles can also incorporate blends of different fibers to achieve desired properties. Textiles have diverse applications in our daily lives. They are used in clothing, ranging from everyday wear to specialized garments for different purposes like sportswear, formal attire, or protective clothing. Household textiles include bedding, towels, curtains, upholstery, and carpets, among others. Textiles also play a significant role in industries such as automotive, aerospace, healthcare, and agriculture. The textile industry is characterized by its global nature, with production and trade occurring worldwide. It involves various stages, from fiber production and textile manufacturing to dyeing, finishing, and distribution. The industry employs a vast workforce, including farmers, spinners, weavers, designers, manufacturers, and retailers.
What Are the Growth Prospects and Trends in the Textile?
The rising need for clothing, home textiles, and other textile products represents a significant factor driving the growth of the global textile market. This is primarily attributed to the increasing population base and rapid urbanization, particularly in developing countries, which is boosting the growth of the market. In line with this, the rising demand for fashionable, stylish, and trendy clothing is driving the production and consumption of textiles, which is contributing to the growth of the market. Moreover, changing fashion preferences and the desire for customization and personalization are influencing the growth of the market. The market is also driven by the rise in e-commerce and online retail platforms, along with the increasing demand for convenience and accessibility of online shopping. This is further expanding the consumer base and opening new markets for textile manufacturers and retailers, which is driving the market growth. In addition to this, significant technological advancements in textile manufacturing processes, such as automation, digital printing, and innovative fabric technologies are facilitating the growth of the market. These advancements are leading to increased efficiency, cost-effectiveness, and the development of new textile products with enhanced performance characteristics which is fueling the market growth. Apart from this, government policies and trade agreements related to textiles, such as import/export regulations, tariffs, and free trade agreements, are propelling the growth of the market. These policies are influencing production costs, trade flows, and market competitiveness which is boosting the market growth. Moreover, the increasing disposable income levels, and the rising awareness regarding sustainability and environmental concerns, are some of the other factors creating a positive outlook for the market across the globe.
๐๐ฎ๐ฒ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.imarcgroup.com/checkout?id=3728&method=1
Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
Who Are the Key Players Operating in the Textile Industry?
The competitive landscape of the industry has also been examined along with the profiles of the key players.
โข Aditya Birla Ltd.
โข Arvind Limited
โข Asahi Kasei Corporation
โข BSL Limited
โข China Petroleum & Chemical Corporation
โข DuPont de Nemours Inc.
โข Honeywell International Inc.
โข INVISTA (Koch Industries Inc.)
โข Paramount Textile Mills (P) Ltd
โข Solvay and Toray Industries Inc.
What is Included in Market Segmentation?
The report has categorized the market based on raw material, product and application.
Breakup by Raw Material:
โข Cotton
โข Chemical
โข Wool
โข Silk
โข Others
Analysed by Product:
โข Natural Fibers
โข Polyesters
โข Nylon
โข Others
Based on Application:
โข Household
โข Technical
โข Fashion and Clothing
โข Others
Regional Analysis:
โข North America (United States, Canada)
โข Europe (Germany, France, United Kingdom, Italy, Spain, Others)
โข Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
โข Latin America (Brazil, Mexico, Others)
โข Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
๐๐ฌ๐ค ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ญ๐ก ๐๐จ๐ & ๐๐ข๐ฌ๐ญ ๐จ๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ: https://www.imarcgroup.com/request?type=report&id=3728&flag=C
Key Highlights of the Report:
โข Market Performance (2017-2022)
โข Market Outlook (2023-2028)
โข Market Trends
โข Market Drivers and Success Factors
โข Impact of COVID-19
โข Value Chain Analysis
โข Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Email: sales@imarcgroup.com
Follow us on Twitter: @imarcglobal
LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Textile Market Size, Industry Trends, Size, Growth Factors, Key Players and Analysis 2023-2028 here
News-ID: 3121300 • Views: โฆ
More Releases from IMARC Group
IMARC Group Forecasts 8.86% CAGR for Europe Data Center Market Amidst AI and Clo โฆ
The Europe data center market is experiencing a critical phase of infrastructure evolution, having reached a valuation of USD 58.77 Billion in 2025. Propelled by the accelerating digitalization of the region's economy and sovereign cloud ambitions, the market is projected to reach USD 126.17 Billion by 2034. This growth trajectory represents a solid Compound Annual Growth Rate (CAGR) of 8.86% during the forecast period of 2026-2034.
Key Market Trends &โฆ
Hot Sauce Manufacturing Plant DPR & Unit Setup - 2026: Demand Analysis and Proje โฆ
Setting up a hot sauce manufacturing plant positions investors within one of the fastest-growing and flavor-driven segments of the global condiment industry, fueled by rising consumer appetite for spicy, bold, and ethnic flavors, increasing demand for clean-label and premium condiment products, and expanding utilization of hot sauce across food service, retail, and food processing applications. Made primarily from chili peppers, vinegar, salt, and complementary flavoring ingredients, hot sauce is recognizedโฆ
Glyoxylic Acid Prices Q4 2025: US Stable While Europe Remains High Price Trend
The Glyoxylic Acid Price Trend Analysis indicates dynamic shifts in global supply-demand balance, feedstock volatility, and regional trade flows. In 2026, Glyoxylic Acid Prices are reflecting fluctuations in raw material costs and downstream demand from pharmaceuticals, cosmetics, and agrochemicals. Market participants closely track the Glyoxylic Acid price index and forecast data to understand pricing momentum, risk exposure, and procurement strategies across key global regions.
Glyoxylic Acid Current Glyoxylic Acid Price Movements:
Recentโฆ
IMARC Group Forecasts 21.52% CAGR for Brazil EV Market as BYD and GWM Ramp Up Lo โฆ
The Brazil electric vehicle (EV) market is currently witnessing an unprecedented surge, having reached a volume of 146.0 Thousand Units in 2025. Fueled by a combination of stringent environmental policies and a strategic shift toward domestic production by global automakers, the market is projected to reach 844.1 Thousand Units by 2034. This rapid expansion represents a robust Compound Annual Growth Rate (CAGR) of 21.52% during the forecast period of 2026-2034.
Keyโฆ
More Releases for Textile
Textile Market Size, Growth Analysis 2031 by Key Vendors- INVISTA, Lu Thai Texti โฆ
๐๐๐, ๐๐๐ฐ ๐๐๐ซ๐ฌ๐๐ฒ: According to Verified Market Reports analysis, the global Textile Market size was valued at USD 593.9 Billion in 2023 and is projected to reach USD 775.2 Billion by 2031, growing at a CAGR of 4.3% during the forecasted period 2024 to 2031.
What is the current outlook for the textile market?
The textile market has shown resilience, recovering after global disruptions like the COVID-19 pandemic. According to industry reports,โฆ
Expanding Textile Industry is Boosting the Indian Textile Chemicals Market
Indian textile chemicals market is estimated to grow at a substantial CAGR of 5.1% during the forecast period (2024-2031). The market growth is driven by the rising middle class, increasing urbanization, and the rising number of nuclear families, which have resulted in Westernized tastes and higher consumption and spending. In addition, technical textiles, and fast fashion trends are driving the market growth. Moreover, industrial manufacturing in the country has emergedโฆ
Textile Tester Market Is Driven by Increasing Demand for Textile Testing from th โฆ
A textile tester is a device that is used to test the physical and chemical properties of textile materials. It is used to determine the strength, durability, and other characteristics of textile materials.
Download Sample PDF Of This Report:
https://www.globalinsightservices.com/request-sample/GIS23209
Key Drivers
The key drivers of the Textile Tester market are the increasing demand for textile testing from the textile industry and the growing awareness of the importance of textile testing. The textileโฆ
Textile Care Services Market Potential growth, Major Strategies, Future Industry โฆ
"Worldwide Market Reports offers ๐๐ฉ๐ญ๐จ ๐๐% ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ on Textile Care Services Market Reports on Single User Access and Unlimited User Access"
The report discusses everything a marketer requires before investing in the global Textile Care Services during the forecast period 2023-2030. It provides detailed insight into current trends, shares, size, and sales value and volume. The data used for this report is obtained from reliable industry sources, paid resources, and validatedโฆ
Global Textile Colorant Market, Global Textile Colorant Industry, Textile Colora โฆ
Textile colorants are specific products that can be added or applied to substrate to give color. They are commonly available in the form of pigments, dyes, and dry powder. They are manufactured with eco-friendly application with advanced technologies and regulations that supports the environment. In the composition context, textile colorant market can be categorized as thermo-chromic textile colorant and photochromic textile colorant. Textile industry accounts for largest consumption of colorantsโฆ
Global Household Textile Market Analysis 2023 โ Top Players Fuanna Bedding and โฆ
KD Market Insights has presented a detailed report on โHousehold Textile Market - By Product Type (Non-woven Textile, Woven Textile), By Application (Bed, Furniture, Door & Window, Dining & Wash, Ground), Global Region - Market Size, Share & Forecast 2018-2023โ which includes the major application, advantages, and key market trends that are fostering the growth of the market during the forecasted span of 6 years. The research takes a stepโฆ
