Press release
Segment Analysis and Primary Growth Areas in the Textile Market
Textile Market
Anticipated Growth and Market Size of the Textile Industry by 2030
The textile market is projected to experience significant growth, reaching a value of $919.08 billion by 2030. This expansion corresponds to a compound annual growth rate (CAGR) of 6.9% during the forecast period. Several factors are driving this increase, including the rising demand for eco-conscious clothing, the broader application of technical textiles in industrial sectors, increased investments in smart textile production, a greater emphasis on circular textile economies, and the growing adoption of digital manufacturing techniques. Prominent trends expected to influence the market include a shift towards sustainable and organic fibers, increased use of technical and performance textiles, rapid growth in digital textile printing, and more widespread incorporation of recycled and bio-based materials alongside improved supply chain traceability.
Download a free sample of the textile market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2995&type=smp&utm_source=OpenPR&utm_medium=Paid&utm_campaign=Feb_PR
Key Industry Players Leading the Textile Market
Several major companies dominate the textile market, including WestRock Company, International Paper Company, Tetra Pak International S.A., Amcor Limited, Ball Corporation, Crown Holdings Inc., Stora Enso Oyj, Graphic Packaging International LLC, Mondi Group, Sonoco Products Company, Smurfit Kappa Group, Huhtamaki Oyj, AptarGroup Inc., Novolex Holdings LLC, Gerresheimer AG, Uflex Limited, Sabert Corporation, Constantia Flexibles Group GmbH, Duni AB, and Nampak Limited.
An important development occurred in February 2023, when Archroma Textiles GmbH, a Swiss specialty chemicals manufacturer, acquired the Textile Effects division of Huntsman Corporation. This strategic move is aimed at enhancing Archroma's market position and broadening its product range in textile chemicals and dyes by integrating Huntsman Textile Effects' global resources. Huntsman Corporation, based in the US, specializes in textile manufacturing solutions.
Innovations and AI Transforming the Textile Space
Textile companies are increasingly investing in innovative technologies, including artificial intelligence (AI), to boost manufacturing efficiency and product quality. AI-powered platforms optimize production workflows, reduce material wastage, and enable automated fabric quality inspections.
For example, in October 2024, Lectra, a French technology firm, introduced Valia Fashion. This platform connects, automates, and streamlines every phase of apparel production-from order entry to fabric cutting-improving material utilization and supporting digital transformation for fashion manufacturers. Valia Fashion helps bridge gaps between industrial production and manufacturing processes, empowering brands, producers, and subcontractors to better meet evolving industry demands while moving toward Industry 4.0.
View the full textile market report:
https://www.thebusinessresearchcompany.com/report/textile-global-market-report?utm_source=OpenPR&utm_medium=Paid&utm_campaign=Feb_PR
Detailed Breakdown of Textile Market Segments
The textile market is classified into several segments for a comprehensive understanding:
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
Further subcategories include:
- Fabrics: Woven Fabrics, Knitted Fabrics, Non-Woven Fabrics
- Yarn: Spun Yarns, Filament Yarns, Specialty Yarns
- Fiber and Thread: Natural Fibers, Synthetic Fibers, Sewing and Embroidery Threads
- Home Furnishings and Floor Coverings: Upholstery Fabrics, Curtains and rape*ries, Rugs and Carpets
- Textile and Fabric Finishing and Fabric Coating Mills: Dyeing and Printing Services, Fabric Finishing, Coatings for Performance Textiles
- Other Textile Product Mills: Technical Textiles, Non-Apparel Textiles
This segmentation offers a detailed view of the diverse products and processes that make up the textile market, reflecting its complexity and broad application areas.
Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at info@tbrc.info.
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Segment Analysis and Primary Growth Areas in the Textile Market here
News-ID: 4418371 • Views: …
More Releases from The Business Research Company
Organoids And Spheroids Market Outlook Highlights Strategic Opportunities Across …
The organoids and spheroids market is on the brink of substantial expansion as innovative biotechnologies continue to advance research in life sciences. Increasing investments in personalized medicine and regenerative applications are setting the stage for strong growth over the next decade. Let's explore the market's size, key players, emerging trends, and the primary segments fueling this development.
Projected Market Growth and Size of the Organoids and Spheroids Industry
The organoids…
Oral Solid Dosage Contract Manufacturing Market Study Explores Industry Growth T …
The oral solid dosage contract manufacturing sector is on track for significant expansion, driven by increasing demand for outsourced pharmaceutical production and advances in manufacturing technology. As the industry evolves, various factors and trends are shaping its growth trajectory and highlighting key players who are innovating to stay competitive. Let's explore the market size projections, major contributors, emerging trends, and segment details shaping this vital pharmaceutical field.
Projected Growth and Size…
Oral Expectorant Market Research Reveals Path To $5.36 Billion By 2030
The oral expectorant market is showing promising signs of growth as more people seek effective ways to manage respiratory symptoms. With advances in drug formulations and increasing consumer awareness, this sector is set to expand steadily over the coming years. Let's explore the current market size, key players, emerging trends, and detailed segmentation within this evolving industry.
Projected Expansion of the Oral Expectorant Market Size by 2030
The oral expectorant…
Optical Genome Mapping Market Demonstrates Long-Term Growth Potential At 25.9% C …
The optical genome mapping market is set to experience remarkable growth in the coming years, driven by technological advancements and expanding applications across clinical and research fields. As the integration of this innovative technology becomes more widespread, the market is positioned for substantial valuation increases and diversified opportunities. Below is a detailed exploration of the market's size, key players, trends, and segment analysis shaping its future.
Projected Market Value and Growth…
More Releases for Textile
Textile Market Size, Growth Analysis 2031 by Key Vendors- INVISTA, Lu Thai Texti …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲: According to Verified Market Reports analysis, the global Textile Market size was valued at USD 593.9 Billion in 2023 and is projected to reach USD 775.2 Billion by 2031, growing at a CAGR of 4.3% during the forecasted period 2024 to 2031.
What is the current outlook for the textile market?
The textile market has shown resilience, recovering after global disruptions like the COVID-19 pandemic. According to industry reports,…
Expanding Textile Industry is Boosting the Indian Textile Chemicals Market
Indian textile chemicals market is estimated to grow at a substantial CAGR of 5.1% during the forecast period (2024-2031). The market growth is driven by the rising middle class, increasing urbanization, and the rising number of nuclear families, which have resulted in Westernized tastes and higher consumption and spending. In addition, technical textiles, and fast fashion trends are driving the market growth. Moreover, industrial manufacturing in the country has emerged…
Textile Tester Market Is Driven by Increasing Demand for Textile Testing from th …
A textile tester is a device that is used to test the physical and chemical properties of textile materials. It is used to determine the strength, durability, and other characteristics of textile materials.
Download Sample PDF Of This Report:
https://www.globalinsightservices.com/request-sample/GIS23209
Key Drivers
The key drivers of the Textile Tester market are the increasing demand for textile testing from the textile industry and the growing awareness of the importance of textile testing. The textile…
Textile Care Services Market Potential growth, Major Strategies, Future Industry …
"Worldwide Market Reports offers 𝐔𝐩𝐭𝐨 𝟕𝟎% 𝐝𝐢𝐬𝐜𝐨𝐮𝐧𝐭 on Textile Care Services Market Reports on Single User Access and Unlimited User Access"
The report discusses everything a marketer requires before investing in the global Textile Care Services during the forecast period 2023-2030. It provides detailed insight into current trends, shares, size, and sales value and volume. The data used for this report is obtained from reliable industry sources, paid resources, and validated…
Global Textile Colorant Market, Global Textile Colorant Industry, Textile Colora …
Textile colorants are specific products that can be added or applied to substrate to give color. They are commonly available in the form of pigments, dyes, and dry powder. They are manufactured with eco-friendly application with advanced technologies and regulations that supports the environment. In the composition context, textile colorant market can be categorized as thermo-chromic textile colorant and photochromic textile colorant. Textile industry accounts for largest consumption of colorants…
Global Household Textile Market Analysis 2023 – Top Players Fuanna Bedding and …
KD Market Insights has presented a detailed report on “Household Textile Market - By Product Type (Non-woven Textile, Woven Textile), By Application (Bed, Furniture, Door & Window, Dining & Wash, Ground), Global Region - Market Size, Share & Forecast 2018-2023” which includes the major application, advantages, and key market trends that are fostering the growth of the market during the forecasted span of 6 years. The research takes a step…
