Online Shopping Fuels Growth In The Textile Manufacturing Market Emerges as a Core Driver of the Textile Market in 2025

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How Large Will the Textile Market Size By 2025?
In the past few years, there has been robust growth in the size of the textile market. This market is expected to expand from $640.43 billion in 2024 to $696.16 billion in 2025, reflecting a compound annual growth rate (CAGR) of 8.7%. Several factors contributed to this growth in the historic period, including global population growth, a surge in demand for synthetic fibers, government policies in favor of the textile industry, significant economic growth in developing markets, and the prohibition of plastic use.

How Big Is the Textile Market Size Expected to Grow by 2029?
The size of the textile market is predicted to experience robust growth in the forthcoming years, expanding to $915.96 billion by 2029, with a compound annual growth rate of 7.1%. The anticipated growth during the forecast period is due to several factors including increasing global population and urbanization, a surge in ecommerce activities, a rise in leisure spending, more extensive retail penetration, higher internet and smartphone usage, and a growing inclination towards contactless delivery options. The major trends projected for the forecast period incorporate a focus on embracing digital textile printing inks, attention towards the use of non-woven fabrics, a shift towards organic fibers, sustainable fibers, incorporation of blockchain in manufacturing processes, implementation of digital platforms in textile supply chain management, collaborations with tech firms for creating smart fabrics, adoption of robotics and automation, investment in artificial intelligence technologies, and focus on establishing partnerships and collaborations for product innovation.

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Which Key Market Drivers Powering Textile Market Expansion and Growth?
The surge in online shopping demand is projected to propel the growth of the textile manufacturing industry. By selling their products on a broader platform, manufacturers can expand their customer reach geographically, thus stimulating the textile market's expansion. In nations like India, for example, e-commerce platforms have enhanced the sales of traditional apparel, offering greater visibility to manufacturers previously restricted to a single location.

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Which Fast-Growing Trends Are Poised to Disrupt the Textile Market?
The rise in wireless technology advancements and a growing need for connectivity are fuelling the smart textiles market. Smart textiles, being fabrics that can interact with their surroundings, have the capability to respond to physical stimuli, including thermal, mechanical, electrical, and chemical sources. The primary elements of smart textiles are sensors, actuators, and fabrics. Materials such as optical fibers, metals, and conductive polymers are used in the creation of these textiles. Their applications are vast, spanning across areas like fashion, entertainment, healthcare, transport, sports, fitness, and military sectors. Cityzen Science's 'd-shirt' exemplifies this with its multiple features like a heart rate monitor, integrated GPS, accelerometer, and altimeter.

What Are the Emerging Segments in the Textile Market?
The textile market covered in this report is segmented -

1) By Type: Fabrics, Yarn, Fiber And Thread, Home Furnishings And Floor Coverings, Textile And Fabric Finishing And Fabric Coating Mills, Other Textile Product Mills
2) By Material: Cotton, Jute, Silk, Synthetics, Wool
3) By Process: Woven, Non-Woven

Subsegments:
1) By Fabrics: Woven Fabrics, Knitted Fabrics, Non-woven Fabrics
2) By Yarn: Spun Yarns, Filament Yarns, Specialty Yarns
3) By Fiber And Thread: Natural Fibers, Synthetic Fibers, Threads for Sewing and Embroidery
4) By Home Furnishings And Floor Coverings: Upholstery Fabrics, Curtains and Draperies, Rugs and Carpets
5) By Textile And Fabric Finishing and Fabric Coating Mills: Dyeing and Printing Services, Fabric Finishing Processes, Coating for Performance Textiles
6) By Other Textile Product Mills: Technical Textiles, Non-apparel Textiles

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Who Are the Global Leaders in the Textile Market?
Major companies operating in the textile market include Toray Industries Inc., Sinopec Group, Mohawk Industries, Inc., Far Eastern New Century, Tex Tech Industries, Ashley Furniture Industries, Inc., Beaulieu International Group, Santana Textiles LLC, Yarnz, Australian Textile Mills (ATM), Bruck Textiles, Spunchem Interntaional, Mattex Yarns, Daedong Company Limited, Magellan (Old Aladdin) Co. Ltd, Yarns Dubai, Arvind Ltd, Bombay Rayon Fashions Limited, Berry Global, Silkoplus German Embroidery Threads, Luthai Textile, Huafu, Siltex Brasil Ltda, Jiangsu Sunshine Co Ltd, Huafang Group Co Ltd, Shangtex Holding Co. Ltd., Shijiazhuang Changshan Textile Co Ltd, Margo, Lenzing, Coats, Laxtons, Ugurteks, Ardalanish Mill, European Spinning Group, AMANN Group, Simba Textile Mills Pty. Ltd., Shandong Jining Ruyi Woolen Textile Co Ltd, Elena Furs, Fabreex, United Textiles, Domarex SC, Tarkett S.A, Coats Bell Div. of Coats Canada Inc., Santista Argentina SA, Unifi, Inc., Albany International Corp., Vardhman Textiles, InPro Corporation, Dunmore Corp., Fabrico, The Yarn Room, Bally Ribbon Mills, Paramount Texteis, Saint Gobain Tape Solutions, Pettenati Industria Textil SA, National Spinning Co, Evora SA, Hyosung TNC, Fabricato SA, Reliance Industries Limited, Sarwani International Corporation, Saudi Spinning & Textile Mill, Fiacao Sao Bento S.A., Slywia Samulak, Town End Alpacas, Como Luxury fabrics, SELA, Gale Pacific Fze, Textil Sao Joao, Namsung Match Co. Ltd, Weiqiao Textile Company Limited, Aratex Group, Shandong Demian Incorporated Company, Terico Golzar, Fibertex South Africa, Elasticos Yarns, Trelleborg Engineered Coated Fabrics, Leena Egypt, AlSaraTex Co., Integrated Fibres Limited

Which are the Top Profitable Regional Markets for the Textile Industry?
Asia-Pacific was the largest region in the textile market in 2024. Western Europe was the second largest region in the textile market. The regions covered in the textile market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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