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  • Schineder Electric
  • KSIA - Korea Semiconductor Industry Association
  • Hitachi Astemo Limited
  • Samsung Electronics
  • Halvo holdings
  • NTT corporation
  • AGC Inc
  • Siemens AG
  • Unilever
  • Merck Pharmaceuticals
  • Atlas Copco
  • Hologic - Medical Technology company
  • Novartis
  • Henkel
  • Reckitt
  • FAQs

    Textile Market size was valued at USD 1.71 Billion in 2024 and is poised to grow from USD 1.83 Billion in 2025 to USD 3.09 Billion by 2033, growing at a CAGR of 6.8% during the forecast period (2026–2033).

    Through tactics like geographic expansions and mergers and acquisitions, the market for textile has seen a rising trend. Through numerous government trade agreements, collaborations with e-commerce websites like Amazon, Flipkart, eBay, and others, businesses are attempting to boost their sales. 'Toray Industries (Japan)', 'Indorama Ventures (Thailand) ', 'Luthai Textile (China) ', 'Weiqiao Textile Company (China) ', 'Shandong Ruyi Technology Group (China) ', 'Hyosung Corporation (South Korea) ', 'Far Eastern New Century (Taiwan) ', 'Eclat Textile (Taiwan) ', 'Reliance Industries (India) ', 'Arvind Limited (India) ', 'Welspun Living Limited (India) ', 'Alok Industries (India) ', 'Milliken & Company (USA) ', 'Cone Denim (USA) ', 'Lenzing AG (Austria) ', 'Schoeller Textil AG (Switzerland) ', 'Marzotto Group (Italy) ', 'Teijin Limited (Japan)'

    The increasing global population and rapid urbanization are driving the demand for textiles. As more people move to urban areas, the need for clothing, home textiles, and other textile products increases, stimulating market growth.

    Sustainable and Eco-friendly Textiles: There is a growing demand for sustainable and eco-friendly textiles driven by increasing consumer awareness and concerns about the environmental impact of the industry. Consumers are seeking textiles made from organic fibers, recycled materials, and low-impact dyes. Manufacturers are responding by adopting sustainable practices, implementing recycling initiatives, and offering eco-friendly textile options.

    Asia Pacific held the largest market share (53.41%) in 2023 as a result of the increasing sales of apparel as well as clothing items. Due to the expanding population, it is expected that the region would continue to grow strongly, with a compound annual growth rate of 9.7% from 2024 to 2031. The enormous number of shoppers who are making apparel and accessory purchases on online stores in nations that are developing is another factor driving the growth of the global textiles business.

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    Global Textile Market

    Report ID: SQMIG25M2022

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