The global textile market will reach $1.42 trillion by 2030 at a CAGR of 4%

DUBLIN, July 12, 2022 /PRNewswire/ — The “Textile Market Size, Share and Trend Analysis Report by Raw Material (Cotton, Wool, Silk, Chemicals), by Product (Natural Fibers, Nylon), by Application (technical, fashion), by region and The “Industry forecast, 2022-2030” report has been added to from ResearchAndMarkets.com offer.

The size of the global textile market is expected to reach $1,420.3 billion by 2030, registering a CAGR of 4.0% over the forecast period. Growing levels of consumer awareness coupled with rapidly changing trends in the fashion industry are expected to drive the growth of the market.

The rise of e-commerce platforms that support the sales and distribution of different types of products produced by the textile industry is also expected to boost the demand for textile-related products, thereby increasing the growth of the market. Additionally, stringent regulations to ensure labor or worker safety in various application industries are propelling the demand for personal protective equipment (PPE), which requires treated wool or cotton as raw material.

This, in turn, will further stimulate the market. Furthermore, advances in technology and the employment of large numbers of skilled and unskilled labor involved in manufacturing products from materials, such as natural fibers, polyesters, nylon and others, act as a growth engine for the global market.

Additionally, growing concerns about the environment are also fueling the demand for sustainable and natural fibers, such as cotton, hemp, linen, silk, and others, which in turn adds growth prospects to the market. overall.

The cotton raw materials segment is expected to grow at a significant CAGR, in terms of volume, during the forecast period. This growth can be attributed to the high production and availability of cotton in various important regions including North America, Europeand Asia Pacific.

Textile Market Report Highlights

  • In 2021, fashion apps segment accounted for the maximum revenue share and is expected to grow at a significant CAGR during the forecast period.
  • Rapidly changing fashion trends coupled with the demand for high-quality apparel in sports activities is expected to drive the growth of the segment.
  • In 2021, Asia Pacific has become the largest regional market due to the presence of major commodity producing countries, such as China, India, Australiaand Japan.
  • In North Americarevenue from the natural fiber products segment amounted to $54.8 billion in 2021 and is expected to gain a higher share in the coming years due to growing demand from fashion, sports and apparel industries.
  • Leading players in the market are establishing business units in commodity producing regions for easy supply as well as low cost labor.
  • Additionally, supporting government policies such as trade agreements and in-country investments are expected to influence the market.

Main topics covered:

Chapter 1. Methodology and scope

Chapter 2. Executive Summary

Chapter 3. Market Variables, Trends and Scope

3.1. Market line

3.1.1. Global Textile Market Outlook

3.2. Mapping of penetration and growth prospects

3.3. Industry Value Chain Analysis

3.5. Regulatory framework

3.6. Market dynamics

3.7. Analysis of the business environment: textile market

3.8. Import and export scenario

Chapter 4. Textile Market: Raw Material Estimates and Trend Analysis

4.1. Textile market: analysis of the movement of raw materials, 2021 and 2030

4.3. Cotton

4.4. Chemical

4.5. Oldest boy

4.6. Silk

4.7. Others

Chapter 5. Textile Market: Product Estimates and Trend Analysis

5.1. Textile market: product movement analysis and market share, 2021 and 2030

5.2. Natural fibers

5.3. Polyester

5.4. Nylon

5.5. Others

Chapter 6. Textile Market: Application Estimates and Trend Analysis

6.1. Textile Market: Application Movement Analysis, 2021 & 2030

6.2. Housework

6.2.2. Bedding

6.2.3. Kitchen

6.2.4. Tapestry

6.2.5. Towel

6.2.6. Others

6.3. Technical

6.3.2. Construction

6.3.3. Transportation

6.3.4. Protective

6.3.5. Medical

6.3.6. Others

6.4. Trendy clothing

6.4.2. Clothes

6.4.3. Ties and clothing accessories

6.4.4. Hand bags

6.4.5. Others

6.5. Others

Companies cited

  • Bsl Limited
  • Invista SRL
  • Lu Thai Textile Co.Ltd.
  • Paramount Textile Limited
  • Paulo De OliveiraHER
  • Successor Reda SPA
  • Shadong Jining Ruyi Wool Textile Co. Ltd.
  • Sinopec Yizheng Chemical Fiber Company Limited
  • China Textiles Ltd.
  • Rhodia SA
  • Li & Fung Group
  • Modern Woolens Ltd.
  • Mayur Suits
  • Jct Limited
  • Shijiazhuang Changshan Textile Co Ltd
  • Weiqiao Textile Co Ltd
  • Huafu Top Dyed Melange Yarn Co. Ltd.
  • Double Group
  • BD Textile Mills Pvt. ltd.
  • Ibena Inc.
  • Heytex Bramsche GmbH
  • Bahariy As
  • Spa Fratelli Balli
  • Ipekis Mensucat Turk AS
  • Lakhmi Woolen Mills
  • Wilh. Wulfing GmbH & Co.Kg
  • Lanificio F.Lli Cerruti
  • O’formula Co. Ltd
  • Spa Trabaldo Togna
  • Xinhui Wool Textile Co.Ltd
  • Yunsa Yunlu Sanayi Ve Ticaret AS
  • Ozlem Kumasltd
  • Wuxi Xiexin Group Co.Ltd
  • The Bombay Dyeing & Mfg. Co.Ltd
  • Grasim Industries Limited
  • Fabindia Overseas Ltd.
  • Honeywell International Inc.

For more information about this report visit https://www.researchandmarkets.com/r/rq8dkg

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Research and Markets
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SOURCE Research and Markets

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