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Textile Market Is Expected to Exhibit Significant Growth Over 2031 / Aditya Birla Group, Arvind, Ltd., BSL, Ltd.

04-19-2024 09:58 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Textile Market Is Expected to Exhibit Significant Growth Over

Textile Market is projected to grow at a CAGR of 4.8% during the forecast period. The textile sector is an ever-growing market with remarkable growth prospects almost all across the globe. Favourable demographics, increasing per capita income, and a shift in preference toward branded products to drive demand for textile, globally. Superior quality and advantageous trade policies are also estimated to play an imperative role and boost textile exports.

Growth in building and construction will continue to drive demand for non-clothing textiles. The availability of raw materials such as cotton, wool, silk and jute is in abundance, which, in turn, has provided a significant boost to the market. Developing countries such as China and India are playing a pivotal role in the overall textile industry. The central forte of the Indian textile industry is its robust production base of a wide range of fiber, yarns from natural fibers like silk, jute, cotton, and wool to synthetic, man-made fibers such as acrylic, nylon, polyester, and viscose.

To Request a Sample of our Report on Textile Market:  https://www.omrglobal.com/request-sample/textile-market

Textile Market Segmentation

By Material

Cotton
Jute
Silk
Synthetic
Wool
Others

By Application

Fashion and Clothing
Industrial/Technical
Household

A full Report of Textile Market is Available @  https://www.omrglobal.com/industry-reports/textile-market

Regional Analysis

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Company Profiles

Aditya Birla Group
Arvind, Ltd.
BSL, Ltd.
Chori Co., Ltd.
Elevate Textiles, Inc. (International Textile Group)
Far Eastern New Century Corp.
Glen Raven, Inc.
HuaFang Group
Hyosung TNC Corp.
Koch Industries, Inc.
Lakshmi Mills Co.
Nisshinbo Holdings, Inc.
Paramount Textile, Ltd.
POLLACK   
PVH Corp.
Ralph Lauren Corp.
Raymond Group
Reliance Industries, Ltd. 
River Island
Shandong Ruyi Technology Group Co.
Shandong Weiqiao Pioneering Group Co., Ltd.
Solvay S.A. 
Successori REDA SpA
Texhong Textile Group, Ltd.
The Ruby Mills, Ltd.
Topman
Toray Industries, Inc.

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Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

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. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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