Global Textile Market Opportunities And Strategies – Forecast To 2030 – Includes Textile Market Analysis
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The rapid growth in the e-commerce market is expected to generate demand for textiles during forecast period, as per The Business Research Company’s textile market opportunities and strategies report.
The textile market is expected to grow from $0.52 trillion in 2021 to $0.69 trillion in 2026 at a rate of 5.9%. The global textile market size is then expected to grow at a CAGR of 4.5% from 2026 and reach $0.87 trillion in 2031.
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Major players in the textile market include Toray Industries Inc., Sinopec Group, Mohawk Industries, Inc., TJX Companies, Far Eastern New Century.
Use of digital textile printing ink is a trend in the textile market. Digital textile printing is the latest innovation in textile printing, which allows manufacturers to print almost any design on virtually any fabric. With advancements ink technology and textile Industry, there have been huge improvements in digital textile printing ink.
The Global Textile Market Is Segmented:
By Type: Fabrics (Broadwoven Fabrics, Narrow Fabric Mills And Schiffli Machine Embroidery, Non-Woven Fabrics, Knitted Fabrics), Yarn, Fiber And Thread, Home Furnishings And Floor Coverings (Home Furnishings, Floor Furnishings), Textile And Fabric Finishing And Fabric Coating Mills (Textile And Fabric Finishing Mills, Fabric Coating Mills), Other Textile Product Mill
By Material: Cotton, Jute, Silk, Synthetics, Woo
By Process: Woven, Non-woven
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global textile market.
TBRC’s Textile Market Report Covers:
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Textile Market Report 2022 – Opportunities And Strategies – Global Forecast To 2031 is one of a series of new reports from The Business Research Company that provides thorough textile market research, analyzes and forecasts textile market size, textile market share, textile market players, textile market trends, textile market segmentation and geographies, leading competitor revenues, profiles and market shares.
TBRC’s textile market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Textiles refer to materials that are made from fibers, thin threads or filaments which are natural or manufactured or a combination.
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