Textiles Industry Data Book - Household Textile, Technical Textile, and Fashion Textile Market Size, Share, Trends Analysis, and Segment Forecasts, 2023 - 2030
The global Textile Industry was estimated at USD 1,599.1 billion in 2022 and is expanding at a significant CAGR of 7% from 2023 to 2030, according to a new report by Grand View Research, Inc.
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 market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies
Technical Textile Market Growth & Trends
The global technical textile market size is expected to reach USD 272.33 billion by 2030, registering a CAGR of 7.7% according to a new report by Grand View Research, Inc. The technical textile product exhibits exceptional strength, durability, and superior performance, which makes them fit for several industrial applications.
Increasing concern towards agriculture and attaining high crop yield is one of the major factors fueling the growth of agro textile in the market. Several nets manufactured under agro textile including plant nets, bird protection nets, monofil nets, root ball nets, and various others are extensively used for passive protection of agricultural seeds, crops, or fruits against any external damage.
Increasing technological advancements coupled with the rising demand for high-performance and energy-efficient fabric are acting as a propelling growth factor in the market. In addition, stringent government policies regarding the use of effective personal protective equipment have driven the market growth on a positive note.
Order your copy of the 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
Household Textile Market Growth & Trends
The global Household Textile Market size is expanding at a CAGR of 7.3% during the forecast period. Textiles considered under the household application segment of the market include the ones used in, some of which include bedding, kitchens, upholstery, and towels. Natural fibers such as cotton and linen, as well as synthetic fibers such as polyester and acrylic polyamides, are mainly used for manufacturing household textiles. These textiles are referred to as soft furnishings and include items such as dish towels, bath towels, shower curtains, table linens, and others.
China accounted for just over 19% of the global demand for household textile in 2022, with the country also supplying 30% of global fabric material. The U.S. follows suit after China, as the second largest consumer of household textile. Both countries are characterized by the significant development of their agrarian economies and the concurrent textile demand of their respective populations.
Competitive Landscape
Key players operating in the Textile industry are:
- Shandong Jining Ruyi Woolen Textile Co Ltd.
- China Textile (Shenzhen) Co. Ltd
- Modern Woollens Ltd.
- JCT Limited
- Shandong Demian Incorporated Company
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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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