Textile Market Size, Share, Trends & Report | 2034

Textiles, defined as flexible materials made from natural or synthetic fibers, play an integral role in various industries.

Game Zone Feb 7, 2025 62 Add to Reading List

Textile Market Size, Share, Trends & Report | 2034

Textile Market Outlook

According to a report by Expert Market Research (EMR), the global textile market size reached a value of USD 987.95 billion in 2024. The market is poised for significant growth in the coming years, driven by rising consumer demand for diverse textile products, growing fashion industry trends, and the increasing applications of textiles in industries such as automotive, healthcare, and technology. The global textile market is projected to grow at a compound annual growth rate (CAGR) of 3.6% between 2025 and 2034, with the market value expected to reach USD 1,354.27 billion by 2034.

Textiles, defined as flexible materials made from natural or synthetic fibers, play an integral role in various industries. They encompass a broad range of applications, from clothing and fashion to industrial uses such as medical textiles, geotextiles, and technical textiles. The textile industry is essential not only for consumer goods but also for its contributions to the development of sustainable and functional materials.

Get a Free Sample Report with Table of Contents@ https://www.expertmarketresearch.com/reports/textile-market/requestsample

Key Drivers of Market Growth

Several factors are driving the growth of the global textile market. One of the primary factors is the increasing demand for fashionable, functional, and high-performance textiles. The global fashion industry continues to expand, with an increasing number of consumers prioritizing a blend of quality, style, and functionality in their textile products. This, in turn, has created a surge in demand for innovative textile solutions, which has contributed significantly to market growth.

Additionally, growing consumer awareness around sustainable practices is playing an increasingly important role in shaping the textile industry. Eco-friendly fabrics, including organic cotton, hemp, and bamboo, are becoming more popular as consumers demand sustainable and ethically sourced products. Brands are focusing on eco-conscious production methods and the development of environmentally friendly materials, which is expected to further drive the market for sustainable textiles.

Technological advancements in textile production are also contributing to the market's growth. Innovations such as smart textiles, 3D knitting, and textile printing technologies are expanding the scope of textile applications across various sectors. The integration of technology into textiles enables the production of fabrics with advanced functionalities, such as moisture-wicking, temperature regulation, and even embedded electronics for medical and fitness applications.

Moreover, the growing use of textiles in non-apparel applications is playing a significant role in expanding the market. Technical textiles, which are used for industrial, medical, and environmental applications, are becoming increasingly important. These include products like geotextiles used in construction, medical textiles used in wound dressings and surgical gowns, and automotive textiles used for seat covers, airbags, and interior linings.

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

While the global textile market is experiencing significant growth, several challenges need to be addressed. One of the primary challenges is the environmental impact of textile production. The textile industry is one of the largest contributors to pollution, with concerns over water usage, chemical waste, and textile waste. In response, there is growing pressure on manufacturers to adopt sustainable practices, reduce carbon emissions, and utilize eco-friendly materials.

Additionally, labor practices in textile production, particularly in developing countries, have come under scrutiny. Ensuring fair wages, safe working conditions, and ethical manufacturing practices are crucial challenges for the global textile industry. Brands and manufacturers are increasingly required to be transparent about their supply chains and demonstrate ethical production standards.

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