Textile Market 2022 Analysis: Industry Overview, Growth, Trends, Opportunities and Forecast to 2027

IMARC Group provides in-depth textile industry analysis covering market trends, investment opportunities, growth trends, industry statistics and outlook. The report offers comprehensive industry analysis, which includes information on textile market size, share, trends, analysis, growth, demand, statistics and overview. The report also includes competitor and regional analysis, as well as contemporary advancements in the global market.

Note: We regularly track the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report. The market is segmented by size and region. The report provides an analysis of the main trends in each sub-segment of the market, as well as forecasts at the global and regional levels from 2022 to 2027. The report also includes the competitive landscape of the main key industry players as well as emerging trends on the market.

Informed covered in the report:

  • Historical market data from 2016 to 2021
  • Market CAGR over the forecast period 2022-2027
  • Detailed information on the factors that will drive the market growth over the next five years
  • Accurate estimation of the size of the Keyword Market and its contribution to the parent market
  • Upcoming Market Trends and Changes in Consumer Behavior
  • An in-depth analysis of the market competitive landscape and in-depth information on major players
  • Comprehensive details of factors that will challenge the growth of the Smart Meters Market-leading players

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The global textile market size reached US$936.9 billion in 2021. Textiles represent the materials made with fine yarns, fibers, filaments, etc., from natural or man-made sources, or a combination of both . Textile fibers are generally made by interlacing yarns by knitting, weaving and felting in specific patterns and processing them to form a length of fabric. Some examples of natural textiles include cotton, silk, jute, flannel, hemp, denim, leather, velvet, wool, linen, etc., while man-made textiles include polyester, nylon , acetate, acrylic, polar fleece, rayon, spandex, etc. Some textiles have various favorable properties, such as high resistance to alkalis, acids, temperature changes, humidity, etc. Therefore, they are widely used for making insulation and cushioning materials, carpets, air filters, coated fabrics, etc.

Textile market trends:

One of the main drivers of the textile market is the booming garment industry across the globe. Additionally, the increasing adoption of nylon as a cost-effective substitute for natural silk for the production of durable body armor, garments, parachutes, etc., is also catalyzing the growth of the market. In addition, the shift in consumer preferences towards wool as an effective insulation material for winter garments, quilts, carpets, upholstery, etc., acts as another growth factor. important. In addition, the increasing use of polyethylene (PE), aramid, polypropylene (PP), polyamide, etc., to cover heavy machinery to minimize noise and protect equipment from vibration is further increasing. the world market. In addition, several product innovations, including the launch of optical fibers and conductive polymers, sensitive to physical, thermal, mechanical, electrical and chemical stimuli, should boost the textile market in the years to come. Looking ahead, IMARC Group expects the global textile market to reach US$1,217.1 billion by 2027, growing at a growth rate (CAGR) of 4.37% during the period 2022-2027.

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As the novel coronavirus (COVID-19) crisis engulfs the world, we continuously monitor changes in the markets, as well as industry consumer behaviors around the world and our estimates on the latest market trends and forecasts are made. after considering the impact of this pandemic.

Competitive landscape with key players:

  • Aditya Birla Ltd.
  • Arvind Limited
  • Asahi Kasei Society
  • BSL Limited
  • China Petroleum and Chemical Company
  • DuPont de Nemours Inc.
  • Honeywell International Inc.
  • INVISTA (Koch Industries Inc.)
  • Paramount Textile Mills (P) Ltd
  • Solvay and Toray Industries Inc.

Market segmentation :

Breakdown by raw material:

  • Cotton
  • Chemical
  • Oldest boy
  • Silk
  • Others

Breakdown by product:

  • Natural fibers
  • Polyesters
  • Nylon
  • Others

Breakdown by application:

  • Housework
  • Technical
  • Fashion and Clothing
  • Others

Breakdown by region:

  • North America (USA, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

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Main highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market trends
  • Market drivers and success factors
  • Impact of COVID-19
  • Value chain analysis
  • Complete mapping of the competitive landscape

If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.

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About Us:

The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new treatment methods are at the top of the list. company expertise.

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