Textiles Market

By Product;

Natural Fiber, Nylon, Polyester and Others

By Size;

Small Tiles and Medium Tiles

By Material;

Cotton, Jute, Silk, Synthetics and Wool

By Process;

Woven and Non-Woven

By End User;

Residential, Commercial and Industrial

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn121086740 Published Date: August, 2025

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 Period2025 - 2031
Base Year2024
CAGR (%)3.9 %
Market Size (2024)USD 1,114,293.57 Million
Market Size (2031)USD 1,456,493.18 Million
Market ConcentrationHigh
Report Pages351
1,114,293.57
2024
1,456,493.18
2031

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.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Size
    3. Market Snapshot, By Material
    4. Market Snapshot, By Process
    5. Market Snapshot, By End User
    6. Market Snapshot, By Region
  4. Textile Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Population Growth and Urbanization
        3. The rise of e-commerce platforms
        4. Sustainability Initiatives
        5. Innovative Marketing Strategies
      2. Restraints
        1. Competition from Synthetic Fibers
        2. Environmental Concerns
        3. Supply Chain Disruptions
        4. Trade Barriers and Tariffs
        5. Rising Production Costs
      3. Restraints
        1. Circular Economy Initiatives
        2. Collaborations and Partnerships
        3. Sustainability and Eco-friendly Practices
        4. Supply Chain Digitization and Transparency
        5. E-commerce and Direct-to-Consumer (D2C) Channels
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Textile Market, By Product, 2021 - 2031 (USD Million)
      1. Natural Fiber
      2. Nylon
      3. Polyester
      4. Others
    2. Textile Market, By Size, 2021 - 2031 (USD Million)

      1. Small Tiles

      2. Medium Tiles

    3. Textile Market, By Material, 2021 - 2031 (USD Million)
      1. Cotton
      2. Jute
      3. Silk
      4. Synthetics
      5. Wool
    4. Textile Market, By Process, 2021 - 2031 (USD Million)
      1. Woven
      2. Non-woven
    5. Textile Market, By End User, 2021 - 2031 (USD Million)

      1. Residential

      2. Commercial

      3. Industrial

    6. Textile Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Toray Industries Inc.
      2. Inditex S.A. (Zara)
      3. Weiqiao Pioneering Group Co. Ltd.
      4. Lu Thai Textile Co., Ltd.
      5. BSL Limited
      6. Shandong Ruyi Woolen Garment Group Co. Ltd.
      7. Aditya Birla Group (Textiles)
      8. Arvind Limited
      9. Vardhman Textiles Ltd.
      10. Welspun India Ltd.
      11. Raymond Ltd.
      12. Grasim Industries (Aditya Birla)
      13. Spinnova Oyj
  7. Analyst Views
  8. Future Outlook of the Market