Textiles Industry Data Book - Household Textile, Technical Textile and Fashion Textile Market Size, Share, Trends Analysis, and Segment Forecasts, 2023 - 2030
Grand View Research’s textiles sector database is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with an agricultural statistics e-book.
Access the Global Textile Industry Data Book, 2023 to 2030, compiled with details like trade data, pricing intelligence, and competitive benchmarking.
Technical Textile Market Report Highlights
The global Technical Textile Market size was valued at USD 218.88 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.7% from 2023 to 2030.
- The 3D knitting manufacturing segment is likely to witness a CAGR of 3.8% over the forecast period owing to its stronger and more durable fabric nature
- In 2022, the hometech technical textile end-user segment led the market and accounted for the largest revenue share of 19.50%. The segment is likely to ascend at a significant rate during the forecast period. Increasing consumer demand for aesthetically appealing clothing and apparel is expected to increase the product demand in the segment
- In 2022, Asia Pacific emerged as the largest market and accounted for over 46.80% of the total revenue owing to the increasing industrial development in the region. Favorable government policies coupled with the abundant availability of raw materials are expected to draw higher growth from the region over the forecast period
- In North America, the technical textiles demand stood at 7,696.3 kilotons in 2021 and is expected to ascend at a significant rate during the forecast time on account of increasing application in sports, construction, and medical and healthcare industries
- Prominent players in the market are involved in various initiatives such as advancing healthcare infrastructure, partnership, and scientific research in collaboration with various healthcare institutions. Moreover, government support and policies within the respective countries are expected to influence the market on a positive note
Order your copy of Free Sample of “Textiles Industry Data Book - Household Textile, Technical Textile and Fashion Textile Market Size, Share, Trends Analysis, and Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research
Fashion Textile Market Report Highlights
The global Fashion Textile Market size was valued at USD 1,227.74 billion in 2022 and is expected to grow at compound annual growth rate (CAGR) of 6.9% from 2023 to 2030.
- The fashion segment led the textile market in terms of revenue in 2022 by accounting for a share of over 51% of the market. This segment of the textile market has been further categorized into apparel, ties & clothing accessories, and handbags.
- Surging demand for crease-free suiting and shirting, as well as quality dyed and printed fabrics from consumers in countries of Asia Pacific, is expected to drive the growth of the fashion segment of the textile market in the coming years.
- Fashion is gaining importance in the lifestyle of consumers worldwide owing to their constant exposure to advertisements and sales that result in impulsive buying behavior in them.
- In addition, social media is a key factor contributing to the fast and latest fashion trends. Companies such as H&M and Zara are utilizing social media platforms to reach out to their potential customers and enhance their share in the market.
Go through the table of content of Textile Industry Data Book to get a better understanding of the Coverage and Scope of the study
Competitive Landscape
The market players compete based on differentiation in technology, design, product innovation, and customer-centric products. The market also possesses various strengths such as flexibility, rich heritage, mass production capabilities, capital investment capabilities, high-performance machinery, value-added textile production, and strong R&D.
Key players operating in the Textile Industry are:
- BSL Limited
- INVISTA S.R.L
- Lu Thai Textile Co., Ltd
- Paramount Textile Limited
- Paulo de Oliveira, S.A
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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