Textile Market to Reach USD 974.38 Billion by 2030 Driven by Sustainability, Indian Incentives, and China+1 Diversification

Mordor Intelligence has published a new report on the "Textile Market" offering a comprehensive analysis of trends, growth drivers, and future projections

Introduction

According to a 2025 report on the Textile Market by Mordor Intelligence, the global textile market is valued at USD 760.28 billion in 2025 and is projected to reach USD 974.38 billion by 2030, advancing at a 5.09% CAGR. This growth is led by demand in fashion and apparel, technical textiles for automotive and industrial uses, and the rising emphasis on sustainable and circular textile production in key regions.

The textile industry continues to be a critical part of global manufacturing, contributing significantly to employment, exports, and economic development in Asia-Pacific, Europe, and North America. While fashion and apparel remain its largest revenue generators, new opportunities are emerging in technical applications, especially with increasing automotive lightweighting mandates and industrial requirements.

Report Overview: https://www.mordorintelligence.com/industry-reports/global-textile-industry---growth-trends-and-forecast-2019---2024?utm_source=openpr

Key Trends

Sustainable and Circular Textiles Under the EU Green Deal

Europe is witnessing strong growth in sustainable and circular textiles as a part of its Green Deal agenda. This trend is expected to create medium-term (2-4 years) spillover effects globally, influencing supply chains and production standards in exporting nations. Producers are adopting eco-friendly materials and circular processes to meet regulatory requirements and consumer expectations for low-impact products.

Indian PLI and MITRA Incentives Boosting Export Growth

In India, the Production Linked Incentive (PLI) scheme and MITRA (Mega Integrated Textile Region and Apparel) parks are expected to strengthen domestic manufacturing capabilities with improved infrastructure and technology integration. These initiatives, targeted for the medium term (2-4 years), are likely to enhance India's export competitiveness, supporting its reach into European and US markets.

"China + 1" Diversification Lifting South Asian Mill Orders

The ongoing strategy of brands and buyers to diversify their supply chains away from China, termed as "China + 1", is benefiting South Asian countries, Turkey, and Morocco. This diversification is driving medium-term (2-4 years) order inflows to mills in Vietnam, Bangladesh, India, and nearshoring hubs like Morocco and Turkey, stabilising regional production volumes and employment.

Automotive Lightweighting Mandates Expanding Technical Textile Demand

Global mandates for lightweighting in the automotive sector to improve fuel efficiency and meet emission targets are increasing demand for technical textiles used in interiors, composites, and reinforcements. This trend is expected to play out over the long term (≥ 4 years), with Europe, North America, and China leading investments and adoption in automotive textile applications.

Ultra-short Lead-Time Demand From Turkey and Morocco Hubs

There is rising short-term (≤ 2 years) demand for ultra-short lead times from nearshoring hubs in Turkey and Morocco, catering to European and North American markets. Brands are focusing on speed-to-market strategies, leveraging these hubs for faster turnaround of styles, collections, and customised orders.

D-to-C E-commerce Brands Scaling Customisation

Direct-to-consumer e-commerce brands are scaling their customisation offerings, particularly in developed markets. This medium-term (2-4 years) trend involves adopting digital design and production systems to enable on-demand manufacturing, reducing inventory costs and enhancing consumer experience with personalised products.

Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights: https://www.mordorintelligence.com/ja/industry-reports/global-textile-industry---growth-trends-and-forecast-2019---2024?utm_source=openpr

Market Segmentation

The textile market is segmented as follows:

By Application

Fashion & Apparel: Largest segment driven by increasing global apparel consumption, fast fashion models, and seasonal launches.

Industrial/Technical Textiles: Growing demand from automotive, medical, and construction sectors requiring performance-based and durable textiles.

Other Applications: Includes household textiles such as furnishings, bed linen, and towels, contributing stable growth.

By Raw Material

Synthetic Fibers: Dominant share due to their durability, affordability, and widespread use in both apparel and technical textiles.

Natural Fibers: Includes cotton, wool, silk, and others preferred for comfort and eco-friendly positioning.

Other Materials: Blends and specialty fibers used in niche applications to achieve specific performance or aesthetic properties.

By Process/Technology

Woven: Widely used for apparel, home textiles, and industrial fabrics requiring strength and stability.

Non-Woven: Significant growth in hygiene, medical, and filtration applications due to their lightweight and disposable nature.

Knitted: Preferred for apparel and sportswear due to their stretch and comfort.

Other Processes: Includes emerging technologies such as 3D knitting and smart textile manufacturing.

By Geography

Asia-Pacific: Largest manufacturing and consumption region, led by China, India, Bangladesh, and Vietnam.

Europe: Focused on sustainability and technical textiles under regulatory frameworks like the EU Green Deal.

North America: Strong demand for technical textiles and sustainable apparel brands.

South America and Others: Gradual growth with investments in local manufacturing capabilities and export infrastructure.

Explore Our Full Library of Manufacturing Products and Services Research Industry Reports: https://www.mordorintelligence.com/market-analysis/manufacturing-products-and-services?utm_source=openpr

Key Players

The textile market is competitive with leading global and regional companies:

Toray Industries Inc.: A Japan-based multinational leader in synthetic fibers, carbon fiber composites, and technical textiles, supplying to automotive, industrial, and apparel sectors worldwide.

Weiqiao Pioneering Group Co. Ltd.: One of China's largest textile companies specialising in cotton spinning, weaving, and dyeing, with a strong domestic and export market presence.

Texhong Textile Group Ltd.: Also based in China, Texhong produces cotton yarns and fabrics catering to apparel manufacturers globally, known for its integrated supply chain and large-scale production.

Inditex S.A.: Headquartered in Spain, Inditex owns brands like Zara and Massimo Dutti, and plays a significant role in influencing global textile demand through its extensive retail network and fast fashion model.

Aditya Birla Fashion & Retail Ltd.: An Indian conglomerate with a strong portfolio across branded apparel and retail, focusing on premium, mid-market, and mass segments within India and select export markets.

These companies continue to invest in expanding capacity, adopting sustainable production processes, and enhancing value-added offerings to maintain competitive advantage.

Explore more details about Textile Market Competitive Landscape: https://www.mordorintelligence.com/industry-reports/global-textile-industry---growth-trends-and-forecast-2019---2024/companies?utm_source=openpr

Conclusion

The global textile market is set for steady growth, reaching USD 974.38 billion by 2030. While fast fashion and apparel consumption remain its primary drivers, technical textile applications and sustainability initiatives are reshaping market dynamics. Regional manufacturing incentives such as India's PLI and MITRA, alongside Europe's focus on circular textiles and global supply chain diversification under the "China + 1" strategy, are shaping the future of the industry.

Stakeholders in the textile sector will need to balance cost competitiveness, sustainable practices, and speed-to-market capabilities to remain relevant in an evolving global landscape. As the market progresses towards 2030, companies focusing on efficiency, technology integration, and consumer-centric production are likely to maintain leadership positions.

For complete market analysis, visit the Mordor Intelligence page: https://www.mordorintelligence.com/industry-reports/global-textile-industry---growth-trends-and-forecast-2019---2024?utm_source=openpr

Industry Related Reports

Africa Textile Market: Africa Textile Market is Segmented by Application Type (Clothing, Industrial/Technical Applications, and Household Applications), By Material Type (Cotton, Jute, Silk, Synthetics, and Wool), Process Type (Woven and Non-woven).

Get full market insights: https://www.mordorintelligence.com/industry-reports/africa-textile-industry---growth-trends-and-forecast-2019---2024?utm_source=openpr

Asia-Pacific Textile Market: Asia-Pacific Textile Market is by Application (Clothing, Industrial and Technical, Household, Other Applications), Material (Cotton, Jute, Silk, Synthetics, Wool), and Geography (China, India, Pakistan, Bangladesh, Australia, Rest of Asia-Pacific).

Get full market insights: https://www.mordorintelligence.com/industry-reports/apac-textile-industry?utm_source=openpr

Europe Textile Market: The Europe Textile Market Report is Segmented by Application Type (Clothing, Industrial/Technical Applications, and Household Applications), Material Type (Cotton, Jute, Silk, Synthetics, and Wool), Process Type (Woven and Non-Woven), and Region (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe).

Get full market insights: https://www.mordorintelligence.com/industry-reports/europe-textile-industry?utm_source=openpr

Indonesia Textile Market: The Indonesia Textiles Market Report is Segmented by Application (Clothing, Industrial/Technical, and Household), by Material (Cotton, Jute, Silk, Synthetics, and Wool), and by Process (Woven and Non-Woven).

Get full market insights: https://www.mordorintelligence.com/industry-reports/indonesia-textiles-industry?utm_source=openpr

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