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Textile Market 2023 - Outlook. Demand Factor, Growth Rate, And Forecast To 2032
Textile Market
The Business Research Company's Textile Global Market Report 2023 identifies growth Of E-commerce - increasing demand for online shopping is expected to drive the textile manufacturing market.
The global textile market size grew from $573.22 billion in 2022 to $610.91 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The size of the global textile market is expected to grow to $755.38 billion in 2027 at a CAGR of 5.5%.
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Major competitors 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.
Advancements in wireless technologies and rising demand for connectivity are driving the demand for smart textiles. Smart textiles are fabrics capable of interacting with their environment. They are widely used in fashion, entertainment, medical, transportation, sports and fitness, and the military.
Read More On The Global Textile Market Report Here:
https://www.thebusinessresearchcompany.com/report/textile-global-market-report
The textile market is segmented -
• By Type: Other Textile Product Mills, Fabrics, Yarn, Fiber And Thread, Home Furnishings And Floor Coverings, Textile and Fabric Finishing and Fabric Coating Mills
• By Material: Cotton, Jute, Silk, Synthetics, Wool
• By Process: Woven, Non-woven
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the textile market.
The Business Research Company's "Global Textile Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Textile Market Include:
1. Textile Market Executive Summary
2. Textile Market Segments
3. Textile Market Size And Textile Market Growth Rate
4. Key Textile Market Trends
5. Major Textile Market Drivers
……
25. Key Mergers And Acquisitions In The Textile Market
26. Top Textile Companies
27. Textile Market Opportunities And Strategies
28. Textile Market, Conclusions And Recommendations
29. Appendix
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