Textile Market Outlook
According to the report by Expert Market Research (EMR), the global textile market size reached a value of USD 987.95 billion in 2024. Driven by technological advancements, growing demand in emerging economies, and the increasing emphasis on sustainable and eco-friendly textiles, the market is projected to expand further at a compound annual growth rate (CAGR) of 3.6% between 2025 and 2034, reaching a value of USD 1,354.27 billion by 2034.
The textile industry is one of the most dynamic sectors in the global economy, playing a pivotal role in the production of various fabrics, garments, and industrial materials. It includes the production of natural and synthetic fibers, textile manufacturing, and finished products such as clothing, upholstery, and industrial textiles. As global consumer trends shift towards more sustainable and technologically advanced solutions, the textile market continues to adapt, presenting vast opportunities for growth and innovation.
Get a Free Sample Report with Table of Contents@ https://www.expertmarketresearch.com/reports/textile-market/requestsample
Key Drivers of Market Growth
Growing Demand for Sustainable and Eco-friendly Textiles: The increasing awareness of environmental issues has significantly impacted the textile industry, with a rising demand for sustainable and eco-friendly textiles. Consumers are becoming more conscious of the environmental footprint associated with traditional textile manufacturing, leading to a surge in demand for products made from organic and recycled fibers, as well as those produced with eco-friendly processes.
Brands are responding to this demand by incorporating sustainable practices in their production processes, such as the use of recycled polyester, organic cotton, and biodegradable fabrics. Innovations in textile recycling, as well as the development of sustainable dyes and production techniques, are further driving the market for eco-friendly textiles. As sustainability becomes a key differentiator in the fashion and textile industry, the demand for green textiles is expected to continue to grow throughout the forecast period.
Technological Advancements and Innovation in Textile Manufacturing: Technological advancements are playing a crucial role in shaping the future of the textile market. Automation, digitalization, and innovations in textile machinery are improving the efficiency and quality of production processes. In particular, the integration of smart technologies, such as Artificial Intelligence (AI) and the Internet of Things (IoT), is enabling manufacturers to optimize supply chains, reduce waste, and create more personalized products.
Furthermore, innovations such as 3D knitting, laser cutting, and digital printing have revolutionized the way textiles are designed and produced. The use of smart textiles, which incorporate sensors and conductive fibers into fabrics to enable functionalities such as temperature regulation or health monitoring, is expanding the scope of the textile market beyond traditional clothing into medical, military, and automotive sectors.
Rising Demand from Emerging Economies: The growing middle-class population and increasing disposable incomes in emerging economies are significantly contributing to the growth of the global textile market. Countries in Asia Pacific, particularly China, India, and Bangladesh, are major textile production hubs, while also experiencing rising demand for domestic consumption of textiles. As urbanization and industrialization continue to accelerate in these regions, the demand for textiles, including clothing, household goods, and technical fabrics, is expected to increase.
The growing fashion-consciousness and demand for diverse textiles in these regions are influencing global textile production trends. Additionally, the rising popularity of online shopping and e-commerce platforms is further boosting the textile sector, providing access to a broader range of textile products for consumers in these regions.
Growth in the Demand for Technical Textiles: Technical textiles, which are textiles engineered for specific performance properties, are becoming increasingly important across a range of industries. These textiles are designed to serve purposes beyond aesthetics and are used in various applications, such as healthcare, automotive, construction, agriculture, and military sectors. The growing use of technical textiles in applications like protective clothing, geotextiles, and automotive interiors is a significant driver of market growth.
The demand for high-performance fabrics that are lightweight, durable, and capable of providing protection from environmental factors, such as UV radiation or chemical exposure, is also rising. As industries increasingly adopt technical textiles for their specialized properties, this segment of the textile market is anticipated to experience substantial growth in the coming years.
Shifts in Consumer Preferences and Fashion Trends: Fashion and consumer preferences are also playing a crucial role in driving the textile market. In recent years, the demand for athleisure, casual wear, and comfortable clothing has surged, influencing textile production to focus on soft, breathable fabrics such as cotton, bamboo, and elastane. Additionally, the desire for personalized and customizable products is encouraging innovations in textile manufacturing, allowing consumers to access tailored designs and garments.
Fashion trends are also shifting towards more inclusive and diverse representations, leading to the demand for textiles catering to a wide range of body types, cultures, and preferences. This dynamic shift is prompting brands and manufacturers to incorporate diversity and innovation into their textile offerings to meet the evolving tastes and demands of consumers.
Read Full Report with Table of Contents@ https://www.expertmarketresearch.com/reports/textile-market
Textile Market Segmentation
The market can be divided based on material type, product type, application, and region.
Market Breakup by Material Type
- Cotton
- Synthetic
- Wool
- Silk
- Others
Market Breakup by Product Type
- Natural Fibre
- Polyester
- Nylon
- Others
Market Breakup by Application
- Household
- Bedding
- Kitchen
- Upholstery
- Towel
- Others
- Technical
- Construction
- Transport
- Protective
- Medical
- Others
- Fashion and Clothing
- Apparel
- Ties and Clothing Accessories
- Handbags
- Others
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
Some of the major players explored in the report by Expert Market Research are as follows:
- BSL Limited
- Lu Thai Textile Co., Ltd.
- Paramount Textile Limited
- Paulo de Oliveira, S.A.
- Successori Reda SpA
- Shandong Jining Ruyi Woolen Textile Co., Ltd.
- Sinopec Yizheng Chemical Fibre LLC
- Others
Challenges in the Market
Despite the optimistic growth outlook, the global textile market faces several challenges. These include the rising costs of raw materials, labor, and transportation, which can impact the price competitiveness of textile products. Furthermore, the environmental impact of textile production remains a significant concern, with issues such as water consumption, waste, and chemical pollution requiring ongoing efforts toward sustainability and waste management.
Media Contact:
Company Name: Claight Corporation
Contact Person: Olivia jass, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: http://www.expertmarketresearch.com
Aus Site: https://www.expertmarketresearch.com.au
