Global Textile Market size was valued at USD 1695.23 Bn in 2023 and is expected to reach USD 3041.24 Bn by 2030, at a CAGR of 7.7%
Textile Market Report Overview
Maximize Market Research provides a comprehensive analysis of Textile to provide a current snapshot of the market to understand its feature in an optimized way. The Textile market report presents market characteristics in terms of accumulation, segmentation, dominance, and combination traits. The report provides a Textile market overview by standard topics which are highlighted with customized data according to the necessity. This overview helps in decisions on how to approach the market and understand the context of the Textile industry.
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Textile Market Report Scope and Research Methodology
The Competitive landscape section illustrates the growth strategies embraced by suppliers in the Textile industry. The coverage in this segment offers valuable perspectives at various tiers, enabling stakeholders to stay current with industry trends and engage in the economic dynamics. Within the Textile market report's competitive scenario, companies' activities are categorized into Merger Acquisition, Agreement, Collaboration Partnership, Product Launch Enhancement, Investment Funding, as well as Award, Recognition Expansion.
The accumulated news within the Textile report equips suppliers with insights into market gaps and competitors' strengths and weaknesses, thereby offering valuable information to enhance products and services. It presents a clear picture of the supplier's revenue contribution to the overall Textile market relative to other players in the field. Furthermore, it sheds light on the performance of players concerning revenue generation and customer base in comparison to their counterparts.
Textile Market Regional Insights
North America: U.S., Canada
Europe: U.K., Germany, Rest of Europe
Asia-Pacific: China, Japan, Rest of Asia Pacific
Latin America: Brazil, Mexico, Rest of Latin America
Middle East and Africa: GCC, Rest of MEA
Market size and forecast for these regional and country-level markets are presented in this Textile market report for the period 2024-2030.
Textile Market Segmentation:
Based on Product: Nylon, Polyester, Natural Fiber, and Others make up the market segments. The Polyester sub-segment is anticipated to yield the most revenue among them all. In 2023, polyester had the most share of the textile market, and throughout the course of the forecast period, it is anticipated to grow at the fastest rate. Polyester is produced in a variety of forms, including microfibers, staple fibers, and filament yarns. It has been combined with other fibers to provide a broad range of uses in numerous sectors. Prized for its extraordinary toughness, polyester is a multipurpose material used in a wide range of products and sectors.
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Textile Market Key Players:
Global
1. Inditex (Zara)
2. Adidas AG
3. HM
4. VF Corporation
5. Alibaba Group
North America
6. Mohawk Industries
7. Hanesbrands Inc.
8. WestPoint Home
9. Milliken Company
Europe:
10. Burberry Group PLC
11. Marks and Spencer Group plc
Asia Pacific:
12. Welspun India Ltd.
13. Shandong Ruyi Technology Group
14. Fast Retailing (UNIQLO)
15. Li Fung Limited
16. Middle East and Africa
17. Nigerian Textile Mills Plc
18. Sappi Southern Africa Ltd.
19. Alok Industries Ltd.
20. Vlisco Group
21. David Whitehead Sons (Africa)
Key Questions answered in the Textile Market Report are:
- What is Textile?
- What is the CAGR of the Textile market during the forecast period?
- What is the expected Textile market size by 2030?
- Which segment held the largest Textile market share in 2023?
- What is the competitive scenario of the Textile market?
- What are the main factors driving the growth of the Textile market?
- Which region has the maximum Textile market share?
- Who are the major players in the Textile market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size Forecast by different segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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