Textiles Market
By Product;
Natural Fiber, Nylon, Polyester and OthersBy Size;
Small Tiles and Medium TilesBy Material;
Cotton, Jute, Silk, Synthetics and WoolBy Process;
Woven and Non-WovenBy End User;
Residential, Commercial and IndustrialBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Textile Market Overview
Textile Market (USD Million)
Textile Market was valued at USD 1,114,293.57 million in the year 2024. The size of this market is expected to increase to USD 1,456,493.18 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.9%.
Textiles Market
*Market size in USD million
CAGR 3.9 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 3.9 % |
Market Size (2024) | USD 1,114,293.57 Million |
Market Size (2031) | USD 1,456,493.18 Million |
Market Concentration | High |
Report Pages | 351 |
Major Players
- Toray Industries Inc
- Mohawk Industries
- Indorama Corporation Pte Ltd
- Beaulieu International Group
- Weiqiao Textile Company Limited
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Textiles Market
Fragmented - Highly competitive market without dominant players
The Textile Market is growing steadily, driven by demand across apparel, automotive, and interior furnishings sectors. These industries rely heavily on a range of fabric types for both aesthetic and functional uses. The apparel industry alone is responsible for about 65% of total textile consumption, reinforcing its dominant role in shaping overall market trends.
Rise of Functional and Technical Textiles
There is a notable increase in the production of technical and functional textiles, designed for applications like construction, medical, and sportswear. These specialized fabrics now make up more than 30% of textile output, showcasing a significant shift toward performance-based solutions tailored to specific industrial needs.
Technology Integration Across Processes
Modernization through digital technology is reshaping the textile manufacturing process. From AI-based inspection systems to automated weaving and dyeing operations, over 40% of manufacturing entities now utilize such technologies. This shift supports better consistency, faster production, and reduced operational costs.
Continued Innovation Driving Growth
Investment in textile research and development remains strong, with a focus on new fabric technologies, improved durability, and smart features. Blended and engineered fibers are gaining traction, and more than 50% of textile companies are allocating resources to R&D. This innovation pipeline ensures long-term industry growth and adaptability.
Textile Market Recent Developments
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In November 2022, the market gained momentum as demand rose for sustainable and natural fibers like organic cotton, hemp, and bamboo, driven by growing environmental and ethical awareness among consumers.
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In January 2024, the market expanded as both consumers and manufacturers supported circular textile economies, prioritizing the recycling and reuse of fabrics to advance a more sustainable fashion industry.
Textile Market Segment Analysis
In this report, the Textile Market has been segmented by Product, Material, Process and Geography.
Textile Market, Segmentation by Product
The Textile Market has been segmented by Product into Natural Fiber, Nylon, Polyester, and Others.
Natural Fiber
Natural fibers, such as cotton, jute, and wool, are steadily gaining momentum as sustainable alternatives in the textile industry. With nearly 32% market share, their biodegradable nature and comfort make them ideal for eco-conscious consumers and brands.
Nylon
Nylon contributes approximately 18% to the textile market and is known for its superior tensile strength, durability, and elasticity. Commonly used in sportswear, lingerie, and industrial fabrics, nylon continues to be a versatile synthetic fiber.
Polyester
Polyester leads the textile segment with close to 45% of the market share. Its popularity stems from its affordability, long-lasting quality, and resistance to wrinkles and shrinking. It's extensively used in fashion, upholstery, and technical textiles.
Others
This segment comprises fibers like spandex, acrylic, and rayon, collectively covering around 5% of the market. These fibers are valued for their functional benefits like stretchability and thermal regulation, catering to specialized apparel and innovative textile applications.
Textile Market, Segmentation by Material
The Textile Market has been segmented by Material into Cotton, Jute, Silk, Synthetics, and Wool
Cotton
Cotton continues to dominate the textile material landscape, capturing roughly 38% of the market. Its natural softness, breathability, and ease of use make it ideal for everyday wear, household textiles, and infant clothing.
Jute
Representing around 8% of the market, jute is gaining popularity for its biodegradable and cost-effective nature. This natural fiber is extensively used in eco-conscious packaging, rugs, and sustainable fashion accessories.
Silk
Silk occupies close to 6% of the textile market and is renowned for its luster, smoothness, and luxury appeal. It remains a staple in premium fashion, bridal wear, and luxury interiors.
Synthetics
Synthetic materials like polyester and nylon make up over 40% of the market, driven by high demand in fast fashion, sportswear, and industrial textiles. These materials are valued for their durability, affordability, and low maintenance.
Wool
With an 8% market share, wool remains a preferred choice for winter wear, formal clothing, and home textiles. Its natural insulation and moisture-wicking abilities make it suitable for colder climates and luxury garments.
Textile Market, Segmentation by Process
The Textile Market has been segmented by Process into Woven and Non-woven.
Woven
Woven textiles hold a dominant position in the industry, contributing approximately 60% of the total market share. These fabrics are formed by interlacing yarns in a structured pattern, providing superior strength, dimensional stability, and versatility. Woven materials are ideal for garments, upholstery, denim, and industrial applications requiring durability.
Non-woven
Accounting for roughly 40% of the market, non-woven textiles are manufactured by bonding fibers together using mechanical, thermal, or chemical processes. Their lightweight, breathable, and disposable nature makes them suitable for hygiene products, medical applications, filtration systems, and packaging solutions.
Textile Market, Segmentation by Geography
In this report, the Textile Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Regions and Countries Analyzed in this Report
Textile Market Share (%), by Geographical Region
North America
With a market share of nearly 18%, North America is a leader in the development of technical textiles, activewear, and sustainable fabrics. The presence of advanced manufacturing technologies and strong consumer demand fuels regional growth, especially in the U.S. and Canada.
Europe
Europe contributes approximately 22% to the textile market, renowned for its legacy in luxury fashion, innovation, and sustainable textile practices. Countries such as Germany, Italy, and France lead in both design and quality manufacturing.
Asia Pacific
Asia Pacific dominates the textile industry, commanding over 45% of the market. Thanks to high production capacity, cost efficiency, and strong export networks, countries like China, India, and Bangladesh remain at the forefront of textile manufacturing.
Middle East and Africa
This region captures around 8% of the textile market, supported by rising urbanization, retail expansion, and demand for home textiles. The UAE, Saudi Arabia, and South Africa are key emerging markets driving future growth.
Latin America
Latin America holds roughly 7% of the textile market, with Brazil, Mexico, and Colombia leading regional production. Market expansion is driven by rising domestic consumption, regional trade policies, and investments in textile modernization.
Textile Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Textile Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers:
- Technological Advancements
- Population Growth and Urbanization
- The rise of e-commerce platforms
- Sustainability Initiatives
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Innovative Marketing Strategies - Innovative marketing strategies are a key driver of growth in the textile market, as companies leverage creative approaches to differentiate products, build brand loyalty, and connect with evolving consumer expectations. Through the use of social media campaigns, influencer collaborations, digital storytelling, and immersive experiences, textile brands can highlight product features such as sustainability, comfort, durability, and performance in ways that resonate emotionally and culturally with target audiences.
Brands are also embracing AI-driven personalization, real-time trend analysis, and interactive digital platforms to deliver curated recommendations and enhance customer engagement. These tools allow textile manufacturers and retailers to align more closely with consumer values and respond swiftly to market shifts. As competition intensifies and transparency becomes a priority, innovative marketing is helping textile businesses build trust, drive conversions, and position themselves effectively in both B2B and B2C segments worldwide.
Restraints:
- Competition from Synthetic Fibers
- Environmental Concerns
- Supply Chain Disruptions
- Trade Barriers and Tariffs
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Rising Production Costs - Rising production costs are a significant restraint on the textile market, driven by increasing prices of raw materials, energy, labor, and transportation. Fluctuations in the availability and cost of key inputs such as cotton, polyester, dyes, and chemicals can lead to unpredictable manufacturing expenses, impacting profit margins and pricing strategies. These challenges are especially pronounced for small and medium-sized enterprises, which often lack the financial flexibility to absorb sudden cost hikes.
In addition, stricter environmental regulations, compliance requirements, and the shift toward sustainable production methods contribute to higher operational costs. Upgrading machinery, adopting cleaner technologies, and sourcing certified eco-friendly materials demand significant investment, further straining resources. As global competition intensifies, managing cost efficiency without compromising on quality or sustainability has become a critical hurdle for textile manufacturers aiming to remain competitive in the evolving market landscape.
Opportunities:
- Circular Economy Initiatives
- Collaborations and Partnerships
- Sustainability and Eco-friendly Practices
- Supply Chain Digitization and Transparency
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E-commerce and Direct-to-Consumer (D2C) Channels - The rise of e-commerce and direct-to-consumer (D2C) channels presents a major opportunity for the textile market, enabling manufacturers and brands to bypass traditional intermediaries and engage directly with end-users. This shift enhances profit margins, customer insights, and brand control, while also allowing for faster response to trends and consumer feedback. The growing digital landscape supports the seamless sale of textiles ranging from apparel and home textiles to technical fabrics through online storefronts, social commerce, and mobile apps.
With the ability to offer personalized shopping experiences, dynamic pricing, and on-demand product customization, D2C models are reshaping how textile businesses operate. E-commerce platforms also facilitate global reach, allowing even small brands to access international markets with relatively low upfront investment. As consumers increasingly value convenience, transparency, and digital engagement, embracing D2C and e-commerce strategies empowers textile companies to build loyal customer bases and drive sustainable growth.
Textile Market Competitive Landscape Analysis
Key players in Textile Market include:
- Toray Industries Inc.
- Inditex S.A. (Zara)
- Weiqiao Pioneering Group Co. Ltd.
- Lu Thai Textile Co., Ltd.
- BSL Limited
- Shandong Ruyi Woolen Garment Group Co. Ltd.
- Aditya Birla Group (Textiles)
- Arvind Limited
- Vardhman Textiles Ltd.
- Welspun India Ltd.
- Raymond Ltd.
- Grasim Industries (Aditya Birla)
- Spinnova Oyj
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product
- Market Snapshot, By Size
- Market Snapshot, By Material
- Market Snapshot, By Process
- Market Snapshot, By End User
- Market Snapshot, By Region
- Textile Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Technological Advancements
- Population Growth and Urbanization
- The rise of e-commerce platforms
- Sustainability Initiatives
- Innovative Marketing Strategies
- Restraints
- Competition from Synthetic Fibers
- Environmental Concerns
- Supply Chain Disruptions
- Trade Barriers and Tariffs
- Rising Production Costs
- Restraints
- Circular Economy Initiatives
- Collaborations and Partnerships
- Sustainability and Eco-friendly Practices
- Supply Chain Digitization and Transparency
- E-commerce and Direct-to-Consumer (D2C) Channels
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Textile Market, By Product, 2021 - 2031 (USD Million)
- Natural Fiber
- Nylon
- Polyester
- Others
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Textile Market, By Size, 2021 - 2031 (USD Million)
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Small Tiles
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Medium Tiles
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- Textile Market, By Material, 2021 - 2031 (USD Million)
- Cotton
- Jute
- Silk
- Synthetics
- Wool
- Textile Market, By Process, 2021 - 2031 (USD Million)
- Woven
- Non-woven
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Textile Market, By End User, 2021 - 2031 (USD Million)
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Residential
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Commercial
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Industrial
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- Textile Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Textile Market, By Product, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Toray Industries Inc.
- Inditex S.A. (Zara)
- Weiqiao Pioneering Group Co. Ltd.
- Lu Thai Textile Co., Ltd.
- BSL Limited
- Shandong Ruyi Woolen Garment Group Co. Ltd.
- Aditya Birla Group (Textiles)
- Arvind Limited
- Vardhman Textiles Ltd.
- Welspun India Ltd.
- Raymond Ltd.
- Grasim Industries (Aditya Birla)
- Spinnova Oyj
- Company Profiles
- Analyst Views
- Future Outlook of the Market