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Smart Textile Innovations Driven by Wireless Technology and Connectivity Trends Reshape the Textile Market in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Textile Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The textile market grew strongly, moving from $617.97 billion in 2024 to $660.13 billion in 2025 at a CAGR of 6.8%.
Textile Market Size Forecast: What's the Projected Valuation by 2029?
Over the next several years, the textile industry is set for significant expansion, with the predicted market size reaching $857.62 billion by 2029 at a CAGR of 6.8%. This potential growth during the projection period can be tied to various factors such as increase in global population and urbanization, rapid advancement in e-commerce, higher spending on leisure activities, rising presence of retail, growing internet and smartphone usage, and an increased liking for contactless delivery options. The forecast period also identifies major industry trends which include adoption of digital textile printing inks, usage of non-woven fabrics, employment of organic fibers, implementation of sustainable fibers, utilization of blockchain in manufacturing processes, digital platform application in textile supply chain management, collaborations with tech firms for designing and developing smart fabrics, robotics and automation integration, investments in artificial intelligence, and emphasis on partnerships and collaborations for creating innovative products.
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What Are the Drivers Transforming the Textile Market?
The rise in online shopping is anticipated to fuel the growth of the textile manufacturing industry. Manufacturers are now given the opportunity to market their products on a more extensive platform, leading to an expanded customer demographic and subsequently, the expansion of the textile manufacturing market. In nations like India, for example, the growth of traditional garment sales has been propelled by e-commerce platforms, providing greater visibility to manufacturers previously restricted to a single location.
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What Long-Term Trends Will Define the Future of the Textile Market?
The surge in wireless technology enhancements and an increasing necessity for connectivity are fueling the demand for smart textiles. These are fabrics capable of interacting with the environment around them, reacting to various physical stimuli like thermal, mechanical, electrical, and chemical sources. Smart textiles primarily consist of sensors, actuators, and fabrics. Materials such as optical fibers, metals and conductive polymers are used in their production. Their application spans across diverse sectors like fashion, entertainment, medical, transportation, sports and fitness, and the military. For instance, the d-shirt by Cityzen Science incorporates features such as a heart rate monitor, built-in GPS, accelerometer, and altimeter.
Which Segments in the Textile Market Offer the Most Profit Potential?
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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Which Firms Dominate the Textile Market by Market Share and Revenue in 2025?
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 Regions Offer the Highest Growth Potential in the Textile Market?
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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